Londinia Opportunities Analyses - 09/03/2024 (GMT) PEUGEOT INVEST - 1H
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EUR
(-)
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15 min delayed data - Euronext Paris
| Type: | Stocks |
| Ticker: | PEUG |
| ISIN: | FR0000064784 |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 78.5 EUR
My targets
77.5 EUR (-0.77%)
76.7 EUR (-1.79%)
My analysis
PEUGEOT INVEST is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 78.5 EUR. The next support located at 77.5 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 76.7 EUR. Below this support, sellers could then target 72.2 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
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Additional analysis
Quotes
PEUGEOT INVEST rating 78.1 EUR. The price is lower by -1.51% since the last closing and was between 78.1 EUR and 79.4 EUR. This implies that the price is at 0% from its lowest and at -1.64% from its highest.78.1
79.4
78.1
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of PEUGEOT INVEST indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.2 | 76.7 | 77.5 | 78.1 | 78.5 | 81.5 | 83.1 |
| Change (%) | -7.55% | -1.79% | -0.77% | - | +0.51% | +4.35% | +6.40% |
| Change | -5.9 | -1.4 | -0.6 | - | +0.4 | +3.4 | +5.0 |
| Level | Major | Minor | Minor | - | Major | 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 | 76.0 | 77.3 | 78.3 | 79.6 | 80.6 | 81.9 | 82.9 |
| Camarilla | 78.7 | 78.9 | 79.1 | 79.3 | 79.5 | 79.7 | 79.9 |
| Woodie | 75.9 | 77.2 | 78.2 | 79.5 | 80.5 | 81.8 | 82.8 |
| Fibonacci | 77.3 | 78.2 | 78.7 | 79.6 | 80.5 | 81.0 | 81.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.0 | 76.7 | 78.9 | 81.6 | 83.8 | 86.5 | 88.7 |
| Camarilla | 79.7 | 80.1 | 80.6 | 81.0 | 81.5 | 81.9 | 82.4 |
| Woodie | 73.7 | 76.6 | 78.6 | 81.5 | 83.5 | 86.4 | 88.4 |
| Fibonacci | 76.7 | 78.6 | 79.8 | 81.6 | 83.5 | 84.7 | 86.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.5 | 72.6 | 76.8 | 80.9 | 85.1 | 89.2 | 93.4 |
| Camarilla | 78.7 | 79.5 | 80.2 | 81.0 | 81.8 | 82.5 | 83.3 |
| Woodie | 68.6 | 72.6 | 76.9 | 80.9 | 85.2 | 89.2 | 93.5 |
| Fibonacci | 72.6 | 75.8 | 77.7 | 80.9 | 84.1 | 86.0 | 89.2 |
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): | 30.50 | |
| MACD (12,26,9): | -0.6000 | |
| Directional Movement: | -32.7 | |
| AROON (14): | -100.0 | |
| DEMA (21): | 78.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 80.0 | |
| Elder Ray (13): | -0.6 | |
| Super Trend (3,10): | 79.7 | |
| Zig ZAG (10): | 78.4 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 1.40 | |
| TEMA (21): | 78.5 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -1.1 | |
| Repulse (5,40,3): | -0.7000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 3.40 |
| MA7: | 80.7 | |
| MA20: | 81.7 | |
| MA50: | 86.1 | |
| MA100: | 95.5 | |
| MAexp7: | 78.8 | |
| MAexp20: | 79.4 | |
| MAexp50: | 80.4 | |
| MAexp100: | 81.2 | |
| Price / MA7: | -3.22% | |
| Price / MA20: | -4.41% | |
| Price / MA50: | -9.29% | |
| Price / MA100: | -18.22% | |
| Price / MAexp7: | -0.89% | |
| Price / MAexp20: | -1.64% | |
| Price / MAexp50: | -2.86% | |
| Price / MAexp100: | -3.82% |
Quotes :
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15 min delayed data
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Euronext Paris
FFP