VINCI - Daily - Technical analysis published on 06/08/2020 (GMT)
- 327
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 84.36 EUR
My targets
96.72 EUR (+7.95%)
102.40 EUR (+14.29%)
My analysis
VINCI is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 84.36 EUR. The next resistance located at 96.72 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 102.40 EUR. After this resistance, buyers could then target 106.75 EUR.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.9
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.
This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VINCI price is 89.60 EUR. On the day, this instrument lost -0.80% and was traded between 88.34 EUR and 91.14 EUR over the period. The price is currently at +1.43% from its lowest and -1.69% from its highest.88.34
91.14
89.60
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
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 VINCI in Daily shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish 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.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 79.77 | 84.36 | 88.56 | 89.60 | 96.72 | 102.40 | 106.75 |
| Change (%) | -10.97% | -5.85% | -1.16% | - | +7.95% | +14.29% | +19.14% |
| Change | -9.83 | -5.24 | -1.04 | - | +7.12 | +12.80 | +17.15 |
| Level | Major | Minor | Major | - | Intermediate | 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 | 86.75 | 88.03 | 89.17 | 90.45 | 91.59 | 92.87 | 94.01 |
| Camarilla | 89.65 | 89.88 | 90.10 | 90.32 | 90.54 | 90.76 | 90.99 |
| Woodie | 86.69 | 88.00 | 89.11 | 90.42 | 91.53 | 92.84 | 93.95 |
| Fibonacci | 88.03 | 88.95 | 89.52 | 90.45 | 91.37 | 91.94 | 92.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.89 | 79.33 | 84.83 | 88.27 | 93.77 | 97.21 | 102.71 |
| Camarilla | 87.86 | 88.68 | 89.50 | 90.32 | 91.14 | 91.96 | 92.78 |
| Woodie | 76.91 | 79.85 | 85.85 | 88.79 | 94.79 | 97.73 | 103.73 |
| Fibonacci | 79.33 | 82.75 | 84.86 | 88.27 | 91.69 | 93.80 | 97.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.83 | 63.01 | 73.03 | 79.21 | 89.23 | 95.41 | 105.43 |
| Camarilla | 78.59 | 80.07 | 81.56 | 83.04 | 84.53 | 86.01 | 87.50 |
| Woodie | 58.74 | 63.97 | 74.94 | 80.17 | 91.14 | 96.37 | 107.34 |
| Fibonacci | 63.01 | 69.20 | 73.03 | 79.21 | 85.40 | 89.23 | 95.41 |
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): | 66.53 | |
| MACD (12,26,9): | 3.8500 | |
| Directional Movement: | 25.12 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 87.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 85.63 | |
| Elder Ray (13): | 4.66 | |
| Super Trend (3,10): | 81.34 | |
| Zig ZAG (10): | 89.60 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 88.35 | |
| TEMA (21): | 90.41 | |
| Williams %R (14): | -13.62 | |
| Chande Momentum Oscillator (20): | 11.92 | |
| Repulse (5,40,3): | 2.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5800 | |
| Courbe Coppock: | 29.99 |
| MA7: | 87.35 | |
| MA20: | 81.45 | |
| MA50: | 76.15 | |
| MA100: | 84.21 | |
| MAexp7: | 87.60 | |
| MAexp20: | 82.89 | |
| MAexp50: | 80.15 | |
| MAexp100: | 82.89 | |
| Price / MA7: | +2.58% | |
| Price / MA20: | +10.01% | |
| Price / MA50: | +17.66% | |
| Price / MA100: | +6.40% | |
| Price / MAexp7: | +2.28% | |
| Price / MAexp20: | +8.10% | |
| Price / MAexp50: | +11.79% | |
| Price / MAexp100: | +8.10% |
Quotes :
2020-06-08 15:34:59
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on VINCI at the time of the analysis were as follows:
- VINCI wins two contracts to upgrade motorways in Queensland, Australia
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis VINCI - Daily