TOTALENERGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TTE
ISIN:	FR0000120271

TOTALENERGIES - 1H - Technical analysis published on 11/29/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 55.430 EUR

My targets

54.320 EUR (-0.62%)

53.680 EUR (-1.79%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 55.430 EUR remains possible. It is advisable to trade TOTALENERGIES with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 55.430 EUR. The next bearish objective for sellers is set at 54.320 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 53.680 EUR. In case of crossing, the next objective would be the support located at 47.750 EUR. PS: if there is a bullish break in the resistance located at 55.430 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

0.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The TOTALENERGIES price is 54.660 EUR. On the day, this instrument gained +0.81% with the lowest point at 53.900 EUR and the highest point at 54.730 EUR. The deviation from the price is +1.41% for the low point and -0.13% for the high point.

53.900

54.730

54.660

Here is a more detailed summary of the historical variations registered by TOTALENERGIES:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this TOTALENERGIES chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	47.750	53.680	54.320	54.660	55.430	56.940	58.480
Change (%)	-12.64%	-1.79%	-0.62%	-	+1.41%	+4.17%	+6.99%
Change	-6.910	-0.980	-0.340	-	+0.770	+2.280	+3.820
Level	Major	Intermediate	Minor	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.570	53.760	53.990	54.180	54.410	54.600	54.830
Camarilla	54.105	54.143	54.182	54.220	54.259	54.297	54.336
Woodie	53.590	53.770	54.010	54.190	54.430	54.610	54.850
Fibonacci	53.760	53.920	54.020	54.180	54.340	54.440	54.600

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.483	55.497	56.293	57.307	58.103	59.117	59.913
Camarilla	56.592	56.758	56.924	57.090	57.256	57.422	57.588
Woodie	54.375	55.443	56.185	57.253	57.995	59.063	59.805
Fibonacci	55.497	56.188	56.615	57.307	57.998	58.425	59.117

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.910	53.040	55.220	59.350	61.530	65.660	67.840
Camarilla	55.665	56.243	56.822	57.400	57.978	58.557	59.135
Woodie	47.935	52.553	54.245	58.863	60.555	65.173	66.865
Fibonacci	53.040	55.450	56.940	59.350	61.760	63.250	65.660

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	51.24
MACD (12,26,9):	-0.1980
Directional Movement:	-6.965
AROON (14):	21.428
DEMA (21):	54.106
Parabolic SAR (0,02-0,02-0,2):	54.018
Elder Ray (13):	0.238
Super Trend (3,10):	54.896
Zig ZAG (10):	54.670
VORTEX (21):	1.1040
Stochastique (14,3,5):	96.46
TEMA (21):	54.358
Williams %R (14):	-1.30
Chande Momentum Oscillator (20):	0.390
Repulse (5,40,3):	0.6780
ROCnROLL:	-1
TRIX (15,9):	-0.0960
Courbe Coppock:	1.09

MA7:	55.437
MA20:	56.644
MA50:	58.900
MA100:	59.922
MAexp7:	54.456
MAexp20:	54.464
MAexp50:	55.151
MAexp100:	55.951
Price / MA7:	-1.40%
Price / MA20:	-3.50%
Price / MA50:	-7.20%
Price / MA100:	-8.78%
Price / MAexp7:	+0.37%
Price / MAexp20:	+0.36%
Price / MAexp50:	-0.89%
Price / MAexp100:	-2.31%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on TOTALENERGIES. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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