AMUNDI - Daily - Technical analysis published on 10/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 58.06 EUR
My targets
62.99 EUR (+4.03%)
64.85 EUR (+7.10%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 58.06 EUR remains possible. It is advisable to trade AMUNDI with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 58.06 EUR. The next bullish objective for buyers is set at 62.99 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 64.85 EUR. If there is any crossing, the next objective would be the resistance located at 66.36 EUR. PS: if there is a bearish break in the support located at 58.06 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
1.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMUNDI price is 60.55 EUR. On the day, this instrument lost -0.74% with the lowest point at 60.55 EUR and the highest point at 61.35 EUR. The deviation from the price is 0% for the low point and -1.30% for the high point.60.55
61.35
60.55
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AMUNDI chart shows a bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 49.38 | 53.70 | 58.06 | 60.55 | 62.99 | 64.85 | 66.36 |
| Change (%) | -18.45% | -11.31% | -4.11% | - | +4.03% | +7.10% | +9.60% |
| Change | -11.17 | -6.85 | -2.49 | - | +2.44 | +4.30 | +5.81 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | Minor |
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 | 59.65 | 60.00 | 60.50 | 60.85 | 61.35 | 61.70 | 62.20 |
| Camarilla | 60.77 | 60.84 | 60.92 | 61.00 | 61.08 | 61.16 | 61.23 |
| Woodie | 59.73 | 60.04 | 60.58 | 60.89 | 61.43 | 61.74 | 62.28 |
| Fibonacci | 60.00 | 60.33 | 60.53 | 60.85 | 61.18 | 61.38 | 61.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.17 | 56.93 | 58.92 | 61.68 | 63.67 | 66.43 | 68.42 |
| Camarilla | 59.59 | 60.03 | 60.47 | 60.90 | 61.34 | 61.77 | 62.21 |
| Woodie | 53.78 | 56.74 | 58.53 | 61.49 | 63.28 | 66.24 | 68.03 |
| Fibonacci | 56.93 | 58.75 | 59.87 | 61.68 | 63.50 | 64.62 | 66.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.47 | 55.73 | 59.87 | 62.13 | 66.27 | 68.53 | 72.67 |
| Camarilla | 62.24 | 62.83 | 63.41 | 64.00 | 64.59 | 65.17 | 65.76 |
| Woodie | 54.40 | 56.20 | 60.80 | 62.60 | 67.20 | 69.00 | 73.60 |
| Fibonacci | 55.73 | 58.18 | 59.69 | 62.13 | 64.58 | 66.09 | 68.53 |
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): | 47.68 | |
| MACD (12,26,9): | 0.3800 | |
| Directional Movement: | -3.22 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 62.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.90 | |
| Elder Ray (13): | -0.52 | |
| Super Trend (3,10): | 64.16 | |
| Zig ZAG (10): | 60.80 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 25.26 | |
| TEMA (21): | 61.87 | |
| Williams %R (14): | -76.84 | |
| Chande Momentum Oscillator (20): | -2.45 | |
| Repulse (5,40,3): | -1.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 2.10 |
| MA7: | 61.53 | |
| MA20: | 62.07 | |
| MA50: | 59.35 | |
| MA100: | 59.79 | |
| MAexp7: | 61.31 | |
| MAexp20: | 61.38 | |
| MAexp50: | 60.46 | |
| MAexp100: | 59.44 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | -2.45% | |
| Price / MA50: | +2.02% | |
| Price / MA100: | +1.27% | |
| Price / MAexp7: | -1.24% | |
| Price / MAexp20: | -1.35% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +1.87% |
News
Don"t forget to follow the news on AMUNDI. At the time of publication of this analysis, the latest news was as follows:
- Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds
- Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds
- AMUNDI ETF MSCI France: Net Asset Value(s)
- Amundi: first half 2019 results
- AMUNDI ETF DAX UCITS ETF DR: Net Asset Value(s)
This member declared not having a position on this financial instrument or a related financial instrument.
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