TOTALENERGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TTE
ISIN:	FR0000120271

TOTALENERGIES - Daily - Technical analysis published on 10/05/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 50.247 EUR

My targets

52.655 EUR (+2.10%)

53.998 EUR (+4.71%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on TOTALENERGIES. This is a positive signal for buyers. As long as the price remains above 50.247 EUR, a purchase could be considered. The first bullish objective is located at 52.655 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 53.998 EUR as an objective. Crossing it would then enable buyers to target 54.990 EUR. In the event of a return below 50.247 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.8

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.

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Additional analysis

Quotes

TOTALENERGIES rating 51.570 EUR. The price registered an increase of +0.51% on the session and was between 50.440 EUR and 52.000 EUR. This implies that the price is at +2.24% from its lowest and at -0.83% from its highest.

50.440

52.000

51.570

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of TOTALENERGIES indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

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 horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	45.439	48.505	50.247	51.570	51.690	52.655	53.998
Change (%)	-11.89%	-5.94%	-2.57%	-	+0.23%	+2.10%	+4.71%
Change	-6.131	-3.065	-1.323	-	+0.120	+1.085	+2.428
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Intermediate	Major

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	49.147	49.703	50.507	51.063	51.867	52.423	53.227
Camarilla	50.936	51.061	51.185	51.310	51.435	51.559	51.684
Woodie	49.270	49.765	50.630	51.125	51.990	52.485	53.350
Fibonacci	49.703	50.223	50.544	51.063	51.583	51.904	52.423

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.073	45.092	46.683	47.702	49.293	50.312	51.903
Camarilla	47.557	47.797	48.036	48.275	48.514	48.754	48.993
Woodie	44.360	45.235	46.970	47.845	49.580	50.455	52.190
Fibonacci	45.092	46.089	46.705	47.702	48.699	49.315	50.312

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.405	42.258	45.266	49.119	52.127	55.980	58.988
Camarilla	46.388	47.017	47.646	48.275	48.904	49.533	50.162
Woodie	37.984	42.047	44.845	48.908	51.706	55.769	58.567
Fibonacci	42.258	44.879	46.498	49.119	51.740	53.359	55.980

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):	59.69
MACD (12,26,9):	-0.0820
Directional Movement:	9.722
AROON (14):	50.000
DEMA (21):	49.008
Parabolic SAR (0,02-0,02-0,2):	46.406
Elder Ray (13):	1.974
Super Trend (3,10):	46.313
Zig ZAG (10):	51.580
VORTEX (21):	0.9330
Stochastique (14,3,5):	86.70
TEMA (21):	49.145
Williams %R (14):	-6.11
Chande Momentum Oscillator (20):	3.036
Repulse (5,40,3):	5.5640
ROCnROLL:	1
TRIX (15,9):	-0.1590
Courbe Coppock:	0.53

MA7:	49.029
MA20:	48.859
MA50:	49.889
MA100:	50.068
MAexp7:	49.679
MAexp20:	49.258
MAexp50:	49.520
MAexp100:	49.152
Price / MA7:	+5.18%
Price / MA20:	+5.55%
Price / MA50:	+3.37%
Price / MA100:	+3.00%
Price / MAexp7:	+3.81%
Price / MAexp20:	+4.69%
Price / MAexp50:	+4.14%
Price / MAexp100:	+4.92%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on TOTALENERGIES 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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