VEOLIA ENVIRON. - Weekly - Technical analysis published on 05/06/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 19.996 EUR
My targets
16.590 EUR (-12.82%)
15.231 EUR (-19.96%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on VEOLIA ENVIRON. as long as the price remains well below 19.996 EUR. The sellers” bearish objective is set at 16.590 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.231 EUR. In case of crossing, the next objective would be the support located at 7.541 EUR.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
4.8
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This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VEOLIA ENVIRON. rating 19.030 EUR. The price registered a decrease of -5.56% over 5 days and was traded between 18.595 EUR and 19.525 EUR over the period. The price is currently at +2.34% from its lowest point and -2.54% from its highest point.18.595
19.525
19.030
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of VEOLIA ENVIRON. in Weekly shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Weekly
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.541 | 15.231 | 16.590 | 19.030 | 19.996 | 22.450 | 23.570 |
| Change (%) | -60.37% | -19.96% | -12.82% | - | +5.08% | +17.97% | +23.86% |
| Change | -11.489 | -3.799 | -2.440 | - | +0.966 | +3.420 | +4.540 |
| Level | Minor | Major | Intermediate | - | Major | Major | Intermediate |
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 | 18.118 | 18.412 | 18.938 | 19.232 | 19.758 | 20.052 | 20.578 |
| Camarilla | 19.240 | 19.315 | 19.390 | 19.465 | 19.540 | 19.615 | 19.691 |
| Woodie | 18.235 | 18.470 | 19.055 | 19.290 | 19.875 | 20.110 | 20.695 |
| Fibonacci | 18.412 | 18.725 | 18.918 | 19.232 | 19.545 | 19.738 | 20.052 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.283 | 18.022 | 18.753 | 19.492 | 20.223 | 20.962 | 21.693 |
| Camarilla | 19.081 | 19.216 | 19.350 | 19.485 | 19.620 | 19.755 | 19.889 |
| Woodie | 17.280 | 18.020 | 18.750 | 19.490 | 20.220 | 20.960 | 21.690 |
| Fibonacci | 18.022 | 18.583 | 18.930 | 19.492 | 20.053 | 20.400 | 20.962 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.637 | 16.068 | 17.777 | 19.208 | 20.917 | 22.348 | 24.057 |
| Camarilla | 18.622 | 18.909 | 19.197 | 19.485 | 19.773 | 20.061 | 20.349 |
| Woodie | 14.775 | 16.138 | 17.915 | 19.278 | 21.055 | 22.418 | 24.195 |
| Fibonacci | 16.068 | 17.268 | 18.009 | 19.208 | 20.408 | 21.149 | 22.348 |
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): | 40.01 | |
| MACD (12,26,9): | -1.2470 | |
| Directional Movement: | -12.391 | |
| AROON (14): | -28.571 | |
| DEMA (21): | 20.243 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.228 | |
| Elder Ray (13): | -1.670 | |
| Super Trend (3,10): | 24.472 | |
| Zig ZAG (10): | 19.090 | |
| VORTEX (21): | 0.8580 | |
| Stochastique (14,3,5): | 23.57 | |
| TEMA (21): | 18.693 | |
| Williams %R (14): | -76.41 | |
| Chande Momentum Oscillator (20): | -8.950 | |
| Repulse (5,40,3): | -2.3170 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3490 | |
| Courbe Coppock: | 52.04 |
| MA7: | 19.381 | |
| MA20: | 18.962 | |
| MA50: | 20.682 | |
| MA100: | 23.155 | |
| MAexp7: | 19.633 | |
| MAexp20: | 21.505 | |
| MAexp50: | 21.849 | |
| MAexp100: | 20.873 | |
| Price / MA7: | -1.81% | |
| Price / MA20: | +0.36% | |
| Price / MA50: | -7.99% | |
| Price / MA100: | -17.81% | |
| Price / MAexp7: | -3.07% | |
| Price / MAexp20: | -11.51% | |
| Price / MAexp50: | -12.90% | |
| Price / MAexp100: | -8.83% |
News
The latest news and videos published on VEOLIA ENVIRON. at the time of the analysis were as follows:
- Veolia Environnement: Key Figures as of March 31, 2020
- Veolia Environnement: Combined Shareholders' General Meeting, April 22, 2020
- Veolia Successfully Issues a 8-year Bond for Eur 700 Million
- Veolia Environnement: Release of the Fifth Supplement to the Base Prospectus of the “Euro Medium Term Notes” Programme
- Veolia Environnement: Information Relating to the Total Number of Voting Rights Forming the Share Capital
This member declared not having a position on this financial instrument or a related financial instrument.
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