VINCI - Weekly - Technical analysis published on 05/31/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 88.56 EUR
My targets
77.88 EUR (-6.21%)
70.50 EUR (-15.10%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on VINCI. As long as you are under the resistance located at 88.56 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 77.88 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 70.50 EUR as an objective. Crossing it would then enable sellers to target 66.11 EUR. If the resistance 88.56 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.6
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This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VINCI price is 83.04 EUR. The price registered an increase of +8.07% over 5 days and has been traded over the last 5 days between 81.26 EUR and 85.40 EUR. This implies that the 5 day price is +2.19% from its lowest point and -2.76% from its highest point.81.26
85.40
83.04
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
Here is a more detailed summary of the historical variations registered by VINCI:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of VINCI indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral 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 slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 66.11 | 70.50 | 77.88 | 83.04 | 88.56 | 94.76 | 106.75 |
| Change (%) | -20.39% | -15.10% | -6.21% | - | +6.65% | +14.11% | +28.55% |
| Change | -16.93 | -12.54 | -5.16 | - | +5.52 | +11.72 | +23.71 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.21 | 81.37 | 82.67 | 83.83 | 85.13 | 86.29 | 87.59 |
| Camarilla | 83.28 | 83.51 | 83.73 | 83.96 | 84.19 | 84.41 | 84.64 |
| Woodie | 80.27 | 81.41 | 82.73 | 83.87 | 85.19 | 86.33 | 87.65 |
| Fibonacci | 81.37 | 82.31 | 82.89 | 83.83 | 84.77 | 85.35 | 86.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.98 | 71.16 | 74.00 | 77.18 | 80.02 | 83.20 | 86.04 |
| Camarilla | 75.18 | 75.74 | 76.29 | 76.84 | 77.39 | 77.94 | 78.50 |
| Woodie | 67.81 | 71.08 | 73.83 | 77.10 | 79.85 | 83.12 | 85.87 |
| Fibonacci | 71.16 | 73.46 | 74.88 | 77.18 | 79.48 | 80.90 | 83.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.77 | 57.09 | 65.89 | 72.21 | 81.01 | 87.33 | 96.13 |
| Camarilla | 70.54 | 71.93 | 73.31 | 74.70 | 76.09 | 77.47 | 78.86 |
| Woodie | 52.02 | 57.71 | 67.14 | 72.83 | 82.26 | 87.95 | 97.38 |
| Fibonacci | 57.09 | 62.86 | 66.43 | 72.21 | 77.98 | 81.55 | 87.33 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.26 | |
| MACD (12,26,9): | -5.1600 | |
| Directional Movement: | -9.23 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 75.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.27 | |
| Elder Ray (13): | 2.58 | |
| Super Trend (3,10): | 87.18 | |
| Zig ZAG (10): | 83.04 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 44.96 | |
| TEMA (21): | 71.56 | |
| Williams %R (14): | -41.80 | |
| Chande Momentum Oscillator (20): | -4.48 | |
| Repulse (5,40,3): | 8.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.8900 | |
| Courbe Coppock: | 41.44 |
| MA7: | 81.32 | |
| MA20: | 77.09 | |
| MA50: | 73.55 | |
| MA100: | 84.92 | |
| MAexp7: | 77.25 | |
| MAexp20: | 81.72 | |
| MAexp50: | 86.53 | |
| MAexp100: | 85.05 | |
| Price / MA7: | +2.12% | |
| Price / MA20: | +7.72% | |
| Price / MA50: | +12.90% | |
| Price / MA100: | -2.21% | |
| Price / MAexp7: | +7.50% | |
| Price / MAexp20: | +1.62% | |
| Price / MAexp50: | -4.03% | |
| Price / MAexp100: | -2.36% |
Quotes :
2020-05-29 15:34:59
-
15 min delayed data
-
Euronext Paris
News
The last news published on VINCI at the time of the generation of this analysis was as follows:
- Combined Ordinary and Extraordinary General Meeting on 18 June 2020 - Information concerning the availability of preparatory documents
- VINCI wins the railway equipment and works contract for Grand Paris Express West sector of Line 15 South
- VINCI Construction and Spie batignolles win construction contract for works package 1 of Grand Paris Express Line 18
- COFIROUTE successfully issued a €950 million bond at 11 years
- VINCI’s Shareholders’ General Meeting to be held on 18 June 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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