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 - 1H - Technical analysis published on 05/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 14.700 EUR

My targets

15.470 EUR (+2.42%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CREDIT AGRICOLE as long as the price remains well above 14.700 EUR. The buyers' bullish objective is set at 15.470 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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

CREDIT AGRICOLE rating 15.105 EUR. The price registered an increase of +3.39% on the session with the lowest point at 14.885 EUR and the highest point at 15.230 EUR. The deviation from the price is +1.48% for the low point and -0.82% for the high point.

14.885

15.230

15.105

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

A technical analysis in 1H of this CREDIT AGRICOLE chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	14.240	14.555	14.700	15.105
Change (%)	-5.73%	-3.64%	-2.68%	-
Change	-0.865	-0.550	-0.405	-
Level	Intermediate	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	14.285	14.410	14.510	14.635	14.735	14.860	14.960
Camarilla	14.548	14.569	14.589	14.610	14.631	14.651	14.672
Woodie	14.273	14.404	14.498	14.629	14.723	14.854	14.948
Fibonacci	14.410	14.496	14.549	14.635	14.721	14.774	14.860

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.520	13.785	14.170	14.435	14.820	15.085	15.470
Camarilla	14.376	14.436	14.495	14.555	14.615	14.674	14.734
Woodie	13.580	13.815	14.230	14.465	14.880	15.115	15.530
Fibonacci	13.785	14.033	14.187	14.435	14.683	14.837	15.085

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.550	13.010	13.780	14.240	15.010	15.470	16.240
Camarilla	14.212	14.325	14.437	14.550	14.663	14.776	14.888
Woodie	12.705	13.088	13.935	14.318	15.165	15.548	16.395
Fibonacci	13.010	13.480	13.770	14.240	14.710	15.000	15.470

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):	72.94
MACD (12,26,9):	0.0950
Directional Movement:	39.989
AROON (14):	64.286
DEMA (21):	14.824
Parabolic SAR (0,02-0,02-0,2):	14.590
Elder Ray (13):	0.347
Super Trend (3,10):	14.784
Zig ZAG (10):	15.095
VORTEX (21):	1.1310
Stochastique (14,3,5):	67.47
TEMA (21):	14.872
Williams %R (14):	-21.58
Chande Momentum Oscillator (20):	0.500
Repulse (5,40,3):	0.8090
ROCnROLL:	1
TRIX (15,9):	0.0420
Courbe Coppock:	3.49

MA7:	14.612
MA20:	14.188
MA50:	13.502
MA100:	13.209
MAexp7:	14.860
MAexp20:	14.719
MAexp50:	14.585
MAexp100:	14.403
Price / MA7:	+3.37%
Price / MA20:	+6.46%
Price / MA50:	+11.87%
Price / MA100:	+14.35%
Price / MAexp7:	+1.65%
Price / MAexp20:	+2.62%
Price / MAexp50:	+3.57%
Price / MAexp100:	+4.87%

Quotes : - 15 min delayed data - Euronext Paris

News

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

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

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