CREDIT AGRICOLE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ACA
ISIN:	FR0000045072

CREDIT AGRICOLE - Daily - Technical analysis published on 04/24/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 14.145 EUR

My targets

14.801 EUR (+2.68%)

15.727 EUR (+9.10%)

My analysis

The bullish trend is currently very strong on CREDIT AGRICOLE. As long as the price remains above the support at 14.145 EUR, you could try to benefit from the boom. The first bullish objective is located at 14.801 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.727 EUR as an objective. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

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.

This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CREDIT AGRICOLE price is 14.415 EUR. The price has increased by +0.21% since the last closing and was traded between 14.375 EUR and 14.600 EUR over the period. The price is currently at +0.28% from its lowest and -1.27% from its highest.

14.375

14.600

14.415

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

Technical

Technical analysis of CREDIT AGRICOLE in Daily shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

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 several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	12.599	13.468	14.145	14.415
Change (%)	-12.60%	-6.57%	-1.87%	-
Change	-1.816	-0.947	-0.270	-
Level	Minor	Major	Minor	-

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	14.110	14.175	14.280	14.345	14.450	14.515	14.620
Camarilla	14.338	14.354	14.369	14.385	14.401	14.416	14.432
Woodie	14.130	14.185	14.300	14.355	14.470	14.525	14.640
Fibonacci	14.175	14.240	14.280	14.345	14.410	14.450	14.515

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.087	13.278	13.657	13.848	14.227	14.418	14.797
Camarilla	13.878	13.931	13.983	14.035	14.087	14.140	14.192
Woodie	13.180	13.325	13.750	13.895	14.320	14.465	14.890
Fibonacci	13.278	13.496	13.631	13.848	14.066	14.201	14.418

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.473	11.965	12.891	13.383	14.309	14.801	15.727
Camarilla	13.426	13.556	13.686	13.816	13.946	14.076	14.206
Woodie	11.689	12.074	13.107	13.492	14.525	14.910	15.943
Fibonacci	11.965	12.507	12.842	13.383	13.925	14.260	14.801

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):	73.27
MACD (12,26,9):	0.2580
Directional Movement:	23.797
AROON (14):	42.857
DEMA (21):	14.225
Parabolic SAR (0,02-0,02-0,2):	13.523
Elder Ray (13):	0.474
Super Trend (3,10):	13.791
Zig ZAG (10):	14.425
VORTEX (21):	1.1740
Stochastique (14,3,5):	91.29
TEMA (21):	14.279
Williams %R (14):	-15.49
Chande Momentum Oscillator (20):	0.290
Repulse (5,40,3):	1.6500
ROCnROLL:	1
TRIX (15,9):	0.2720
Courbe Coppock:	2.63

MA7:	14.029
MA20:	13.948
MA50:	13.218
MA100:	13.063
MAexp7:	14.150
MAexp20:	13.881
MAexp50:	13.462
MAexp100:	13.024
Price / MA7:	+2.75%
Price / MA20:	+3.35%
Price / MA50:	+9.06%
Price / MA100:	+10.35%
Price / MAexp7:	+1.87%
Price / MAexp20:	+3.85%
Price / MAexp50:	+7.08%
Price / MAexp100:	+10.68%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on CREDIT AGRICOLE at the time of the generation of this analysis was as follows:

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

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