CRCAM SUD R.A.CCI - Daily - Technical analysis published on 05/29/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 136.50 EUR
My targets
145.67 EUR (+3.09%)
152.75 EUR (+8.10%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRCAM SUD R.A.CCI as long as the price remains well above 136.50 EUR. The buyers' bullish objective is set at 145.67 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 152.75 EUR. If there is any crossing, the next objective would be the resistance located at 163.10 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CRCAM SUD R.A.CCI price is 141.30 EUR. The price has increased by +1.51% since the last closing and was traded between 138.00 EUR and 141.30 EUR over the period. The price is currently at +2.39% from its lowest and 0% from its highest.138.00
141.30
141.30
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
A study of price movements over other periods shows the following variations:
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 CRCAM SUD R.A.CCI were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of CRCAM SUD R.A.CCI indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
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 a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 124.00 | 127.88 | 136.50 | 141.30 | 145.67 | 152.75 | 163.10 |
| Change (%) | -12.24% | -9.50% | -3.40% | - | +3.09% | +8.10% | +15.43% |
| Change | -17.30 | -13.42 | -4.80 | - | +4.37 | +11.45 | +21.80 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Intermediate |
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 | 135.47 | 136.53 | 137.87 | 138.93 | 140.27 | 141.33 | 142.67 |
| Camarilla | 138.54 | 138.76 | 138.98 | 139.20 | 139.42 | 139.64 | 139.86 |
| Woodie | 135.60 | 136.60 | 138.00 | 139.00 | 140.40 | 141.40 | 142.80 |
| Fibonacci | 136.53 | 137.45 | 138.02 | 138.93 | 139.85 | 140.42 | 141.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.43 | 131.21 | 134.11 | 135.89 | 138.79 | 140.57 | 143.47 |
| Camarilla | 135.71 | 136.14 | 136.57 | 137.00 | 137.43 | 137.86 | 138.29 |
| Woodie | 129.98 | 131.49 | 134.66 | 136.17 | 139.34 | 140.85 | 144.02 |
| Fibonacci | 131.21 | 133.00 | 134.11 | 135.89 | 137.68 | 138.79 | 140.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.33 | 105.17 | 114.83 | 119.67 | 129.33 | 134.17 | 143.83 |
| Camarilla | 120.51 | 121.84 | 123.17 | 124.50 | 125.83 | 127.16 | 128.49 |
| Woodie | 102.75 | 106.38 | 117.25 | 120.88 | 131.75 | 135.38 | 146.25 |
| Fibonacci | 105.17 | 110.71 | 114.13 | 119.67 | 125.21 | 128.63 | 134.17 |
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): | 80.32 | |
| MACD (12,26,9): | 4.7400 | |
| Directional Movement: | 42.20 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 139.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.43 | |
| Elder Ray (13): | 3.64 | |
| Super Trend (3,10): | 133.17 | |
| Zig ZAG (10): | 141.30 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 93.16 | |
| TEMA (21): | 141.03 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 5.66 | |
| Repulse (5,40,3): | 4.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5800 | |
| Courbe Coppock: | 8.36 |
| MA7: | 137.55 | |
| MA20: | 134.81 | |
| MA50: | 122.02 | |
| MA100: | 119.00 | |
| MAexp7: | 138.02 | |
| MAexp20: | 133.56 | |
| MAexp50: | 126.29 | |
| MAexp100: | 122.51 | |
| Price / MA7: | +2.73% | |
| Price / MA20: | +4.81% | |
| Price / MA50: | +15.80% | |
| Price / MA100: | +18.74% | |
| Price / MAexp7: | +2.38% | |
| Price / MAexp20: | +5.80% | |
| Price / MAexp50: | +11.89% | |
| Price / MAexp100: | +15.34% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on CRCAM SUD R.A.CCI at the time of the generation of this analysis was as follows:
- CRCAM SUD RHONE ALPES: AVIS DE MISE A DISPOSITION RAPPORT FINANCIER SEMESTRIEL - 1er semestre 2021
- Crcam SUD RHONE ALPES: Avis de mise à disposition du prospectus 2021
- Crcam Sud Rhone Alpes : Avis de modification des résolutions d'affectation du résultat
- Caisse Regionale de Credit Agricole Sud Rhone Alpes: Communiqué Financier
- Crcam Sud Rhone Alpes : Communiqué de mise à disposition du rapport financier semestriel - 1er semestre 2019
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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