SANOFI SA INHABEREO 2 - 1H - Technical analysis published on 03/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 94.51 EUR
My targets
98.30 EUR (+2.96%)
100.94 EUR (+5.73%)
My analysis
The bullish trend is currently very strong on SANOFI SA INHABEREO 2. As long as the price remains above the support at 94.51 EUR, you could try to benefit from the boom. The first bullish objective is located at 98.30 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 100.94 EUR as an objective. Crossing it would then enable buyers to target 103.62 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.8
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Additional analysis
Quotes
SANOFI SA INHABEREO 2 rating 95.47 EUR. The price has increased by +5.46% since the last closing and was traded between 93.68 EUR and 95.52 EUR over the period. The price is currently at +1.91% from its lowest and -0.05% from its highest.93.68
95.52
95.47
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SANOFI SA INHABEREO 2 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 91.27 | 92.02 | 94.51 | 95.47 | 98.30 | 100.94 | 103.62 |
| Change (%) | -4.40% | -3.61% | -1.01% | - | +2.96% | +5.73% | +8.54% |
| Change | -4.20 | -3.45 | -0.96 | - | +2.83 | +5.47 | +8.15 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.51 | 89.10 | 89.82 | 90.41 | 91.13 | 91.72 | 92.44 |
| Camarilla | 90.17 | 90.29 | 90.41 | 90.53 | 90.65 | 90.77 | 90.89 |
| Woodie | 88.57 | 89.13 | 89.88 | 90.44 | 91.19 | 91.75 | 92.50 |
| Fibonacci | 89.10 | 89.60 | 89.91 | 90.41 | 90.91 | 91.22 | 91.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.22 | 86.61 | 87.98 | 89.37 | 90.74 | 92.13 | 93.50 |
| Camarilla | 88.60 | 88.85 | 89.11 | 89.36 | 89.61 | 89.87 | 90.12 |
| Woodie | 85.22 | 86.61 | 87.98 | 89.37 | 90.74 | 92.13 | 93.50 |
| Fibonacci | 86.61 | 87.66 | 88.31 | 89.37 | 90.42 | 91.07 | 92.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.05 | 78.23 | 83.65 | 87.83 | 93.25 | 97.43 | 102.85 |
| Camarilla | 86.42 | 87.30 | 88.18 | 89.06 | 89.94 | 90.82 | 91.70 |
| Woodie | 74.66 | 78.54 | 84.26 | 88.14 | 93.86 | 97.74 | 103.46 |
| Fibonacci | 78.23 | 81.90 | 84.17 | 87.83 | 91.50 | 93.77 | 97.43 |
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): | 79.84 | |
| MACD (12,26,9): | 0.8300 | |
| Directional Movement: | 55.80 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 92.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 90.47 | |
| Elder Ray (13): | 3.46 | |
| Super Trend (3,10): | 93.01 | |
| Zig ZAG (10): | 95.19 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 84.92 | |
| TEMA (21): | 92.80 | |
| Williams %R (14): | -3.78 | |
| Chande Momentum Oscillator (20): | 4.82 | |
| Repulse (5,40,3): | 1.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.97 |
| MA7: | 90.89 | |
| MA20: | 89.85 | |
| MA50: | 89.37 | |
| MA100: | 88.84 | |
| MAexp7: | 92.63 | |
| MAexp20: | 91.24 | |
| MAexp50: | 90.47 | |
| MAexp100: | 90.03 | |
| Price / MA7: | +5.04% | |
| Price / MA20: | +6.25% | |
| Price / MA50: | +6.83% | |
| Price / MA100: | +7.46% | |
| Price / MAexp7: | +3.07% | |
| Price / MAexp20: | +4.64% | |
| Price / MAexp50: | +5.53% | |
| Price / MAexp100: | +6.04% |
Quotes :
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15 min delayed data
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Germany Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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