TRIGANO
58.2
EUR
(+0.17%)
03/26/2025 - 16:34
Closed 15 min delayed data - Euronext Paris
| Open: | 58.6 |
| Change: | +0.1 |
| Volume: | 10,603 |
| Low: | 58.1 |
| High: | 58.6 |
| High / Low range: | 0.5 |
| Type: | Stocks |
| Ticker: | TRI |
| ISIN: | FR0005691656 |
TRIGANO - Daily - Technical analysis published on 10/02/2019 (GMT)
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- 10/02/2019 - 22:37
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- Timeframe : Daily
- - Analysis generated on 10/02/2019 - 22:34
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 72.91 EUR
My targets
67.50 EUR (-5.92%)
61.81 EUR (-13.85%)
My analysis
TRIGANO is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 72.91 EUR. The next support located at 67.50 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 61.81 EUR. Below this support, sellers could then target 46.87 EUR.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
6.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRIGANO rating is 71.75 EUR. On the day, this instrument lost -3.11% with the lowest point at 71.70 EUR and the highest point at 74.00 EUR. The deviation from the price is +0.07% for the low point and -3.04% for the high point.71.70
74.00
71.75
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on TRIGANO were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of TRIGANO indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 46.87 | 61.81 | 67.50 | 71.75 | 72.91 | 75.47 | 85.81 |
| Change (%) | -34.68% | -13.85% | -5.92% | - | +1.62% | +5.18% | +19.60% |
| Change | -24.88 | -9.94 | -4.25 | - | +1.16 | +3.72 | +14.06 |
| Level | Major | Intermediate | Minor | - | Major | Minor | 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 | 71.08 | 72.02 | 73.03 | 73.97 | 74.98 | 75.92 | 76.93 |
| Camarilla | 73.51 | 73.69 | 73.87 | 74.05 | 74.23 | 74.41 | 74.59 |
| Woodie | 71.13 | 72.04 | 73.08 | 73.99 | 75.03 | 75.94 | 76.98 |
| Fibonacci | 72.02 | 72.76 | 73.22 | 73.97 | 74.71 | 75.17 | 75.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.55 | 53.60 | 63.20 | 79.25 | 88.85 | 104.90 | 114.50 |
| Camarilla | 65.75 | 68.10 | 70.45 | 72.80 | 75.15 | 77.50 | 79.85 |
| Woodie | 34.33 | 51.99 | 59.98 | 77.64 | 85.63 | 103.29 | 111.28 |
| Fibonacci | 53.60 | 63.40 | 69.45 | 79.25 | 89.05 | 95.10 | 104.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.45 | 52.05 | 62.90 | 80.50 | 91.35 | 108.95 | 119.80 |
| Camarilla | 65.93 | 68.53 | 71.14 | 73.75 | 76.36 | 78.97 | 81.57 |
| Woodie | 31.08 | 50.36 | 59.53 | 78.81 | 87.98 | 107.26 | 116.43 |
| Fibonacci | 52.05 | 62.92 | 69.63 | 80.50 | 91.37 | 98.08 | 108.95 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 26.19 | |
| MACD (12,26,9): | -4.1700 | |
| Directional Movement: | -31.86 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 80.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.26 | |
| Elder Ray (13): | -9.57 | |
| Super Trend (3,10): | 84.48 | |
| Zig ZAG (10): | 71.75 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 12.42 | |
| TEMA (21): | 76.37 | |
| Williams %R (14): | -92.62 | |
| Chande Momentum Oscillator (20): | -24.30 | |
| Repulse (5,40,3): | -3.9200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 33.85 |
| MA7: | 78.30 | |
| MA20: | 89.41 | |
| MA50: | 88.15 | |
| MA100: | 84.06 | |
| MAexp7: | 77.75 | |
| MAexp20: | 84.96 | |
| MAexp50: | 86.95 | |
| MAexp100: | 85.71 | |
| Price / MA7: | -8.37% | |
| Price / MA20: | -19.75% | |
| Price / MA50: | -18.60% | |
| Price / MA100: | -14.64% | |
| Price / MAexp7: | -7.72% | |
| Price / MAexp20: | -15.55% | |
| Price / MAexp50: | -17.48% | |
| Price / MAexp100: | -16.29% |
This member declared not having a position on this financial instrument or a related financial instrument.
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