ELIOR GROUP

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ELIOR
ISIN:	FR0011950732

ELIOR GROUP - Daily - Technical analysis published on 05/16/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above

My targets

()

My analysis

The bullish trend is currently very strong on ELIOR GROUP. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

Comment on the analysis

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.

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Additional analysis

Quotes

The ELIOR GROUP rating is 3.958 EUR. On the day, this instrument gained +29.60% and was traded between 3.312 EUR and 3.980 EUR over the period. The price is currently at +19.50% from its lowest and -0.55% from its highest.

3.312

3.980

3.958

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on ELIOR GROUP were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of ELIOR GROUP in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed 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 strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 90

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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 : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

White line without lower shadow

Type : Bullish

Timeframe : Daily

Upside gap

Type : Bullish

Timeframe : Daily

White marubozu

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.232	2.625	2.925	3.958	4.029	5.980	7.590
Change (%)	-43.61%	-33.68%	-26.10%	-	+1.79%	+51.09%	+91.76%
Change	-1.726	-1.333	-1.033	-	+0.071	+2.022	+3.632
Level	Intermediate	Major	Intermediate	-	Intermediate	Minor	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	2.936	2.978	3.016	3.058	3.096	3.138	3.176
Camarilla	3.032	3.039	3.047	3.054	3.061	3.069	3.076
Woodie	2.934	2.977	3.014	3.057	3.094	3.137	3.174
Fibonacci	2.978	3.009	3.027	3.058	3.089	3.107	3.138

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.409	2.501	2.619	2.711	2.829	2.921	3.039
Camarilla	2.678	2.698	2.717	2.736	2.755	2.775	2.794
Woodie	2.421	2.508	2.631	2.718	2.841	2.928	3.051
Fibonacci	2.501	2.582	2.631	2.711	2.792	2.841	2.921

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.747	1.941	2.263	2.457	2.779	2.973	3.295
Camarilla	2.442	2.489	2.537	2.584	2.631	2.679	2.726
Woodie	1.810	1.973	2.326	2.489	2.842	3.005	3.358
Fibonacci	1.941	2.138	2.260	2.457	2.654	2.776	2.973

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):	89.90
MACD (12,26,9):	0.2270
Directional Movement:	58.543
AROON (14):	100.000
DEMA (21):	3.024
Parabolic SAR (0,02-0,02-0,2):	2.727
Elder Ray (13):	0.736
Super Trend (3,10):	3.067
Zig ZAG (10):	3.930
VORTEX (21):	1.2800
Stochastique (14,3,5):	96.29
TEMA (21):	3.215
Williams %R (14):	-2.88
Chande Momentum Oscillator (20):	1.398
Repulse (5,40,3):	24.6590
ROCnROLL:	1
TRIX (15,9):	0.6530
Courbe Coppock:	54.54

MA7:	2.999
MA20:	2.663
MA50:	2.489
MA100:	2.562
MAexp7:	3.133
MAexp20:	2.780
MAexp50:	2.592
MAexp100:	2.517
Price / MA7:	+31.98%
Price / MA20:	+48.63%
Price / MA50:	+59.02%
Price / MA100:	+54.49%
Price / MAexp7:	+26.33%
Price / MAexp20:	+42.37%
Price / MAexp50:	+52.70%
Price / MAexp100:	+57.25%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on ELIOR GROUP at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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