Londinia Opportunities Analyses - 08/29/2024 (GMT) THALES - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	HO
ISIN:	FR0000121329

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 149.50 EUR

My targets

152.63 EUR (+1.32%)

160.05 EUR (+6.24%)

My analysis

The bullish trend is currently very strong on THALES. As long as the price remains above the support at 149.50 EUR, you could try to benefit from the boom. The first bullish objective is located at 152.63 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 160.05 EUR as an objective. Crossing it would then enable buyers to target 167.85 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.

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

8.2

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Additional analysis

Quotes

The THALES price is 150.65 EUR. The price registered an increase of +0.50% on the session and was traded between 149.75 EUR and 150.70 EUR over the period. The price is currently at +0.60% from its lowest and -0.03% from its highest.

149.75

150.70

150.65

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 result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of THALES indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	147.07	148.60	149.50	150.65	150.90	160.05	167.85
Change (%)	-2.38%	-1.36%	-0.76%	-	+0.17%	+6.24%	+11.42%
Change	-3.58	-2.05	-1.15	-	+0.25	+9.40	+17.20
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	146.90	147.90	148.90	149.90	150.90	151.90	152.90
Camarilla	149.35	149.53	149.72	149.90	150.08	150.27	150.45
Woodie	146.90	147.90	148.90	149.90	150.90	151.90	152.90
Fibonacci	147.90	148.66	149.14	149.90	150.66	151.14	151.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	144.08	145.57	146.93	148.42	149.78	151.27	152.63
Camarilla	147.52	147.78	148.04	148.30	148.56	148.82	149.08
Woodie	144.03	145.54	146.88	148.39	149.73	151.24	152.58
Fibonacci	145.57	146.66	147.33	148.42	149.51	150.18	151.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	122.67	131.88	139.42	148.63	156.17	165.38	172.92
Camarilla	142.34	143.88	145.42	146.95	148.49	150.02	151.56
Woodie	121.83	131.46	138.58	148.21	155.33	164.96	172.08
Fibonacci	131.88	138.28	142.24	148.63	155.03	158.99	165.38

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):	60.83
MACD (12,26,9):	0.4100
Directional Movement:	18.32
AROON (14):	21.43
DEMA (21):	150.46
Parabolic SAR (0,02-0,02-0,2):	149.45
Elder Ray (13):	0.38
Super Trend (3,10):	149.03
Zig ZAG (10):	150.70
VORTEX (21):	1.1400
Stochastique (14,3,5):	78.64
TEMA (21):	150.59
Williams %R (14):	-11.90
Chande Momentum Oscillator (20):	0.30
Repulse (5,40,3):	0.3000
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.41

MA7:	149.00
MA20:	147.94
MA50:	149.91
MA100:	155.51
MAexp7:	150.32
MAexp20:	149.90
MAexp50:	149.30
MAexp100:	148.75
Price / MA7:	+1.11%
Price / MA20:	+1.83%
Price / MA50:	+0.49%
Price / MA100:	-3.13%
Price / MAexp7:	+0.22%
Price / MAexp20:	+0.50%
Price / MAexp50:	+0.90%
Price / MAexp100:	+1.28%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on THALES. At the time of publication of this analysis, the latest news was as follows: