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 06/28/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 52.635 EUR

My targets

47.624 EUR (-7.85%)

44.518 EUR (-13.86%)

My analysis

The bearish trend is currently very strong for TOTALENERGIES. As long as the price remains below the resistance at 52.635 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 47.624 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 44.518 EUR as an objective. Crossing it would then enable sellers to target 41.746 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 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

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TOTALENERGIES price is 51.680 EUR. The price is lower by -0.62% since the last closing with the lowest point at 51.610 EUR and the highest point at 52.450 EUR. The deviation from the price is +0.14% for the low point and -1.47% for the high point.

51.610

52.450

51.680

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

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 results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TOTALENERGIES chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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 support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	44.518	47.624	51.088	51.680	52.635	53.785	56.179
Change (%)	-13.86%	-7.85%	-1.15%	-	+1.85%	+4.07%	+8.71%
Change	-7.162	-4.056	-0.592	-	+0.955	+2.105	+4.499
Level	Minor	Minor	Major	-	Major	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	49.630	50.600	51.300	52.270	52.970	53.940	54.640
Camarilla	51.541	51.694	51.847	52.000	52.153	52.306	52.459
Woodie	49.495	50.533	51.165	52.203	52.835	53.873	54.505
Fibonacci	50.600	51.238	51.632	52.270	52.908	53.302	53.940

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.367	50.643	51.347	52.623	53.327	54.603	55.307
Camarilla	51.506	51.687	51.869	52.050	52.232	52.413	52.595
Woodie	49.080	50.500	51.060	52.480	53.040	54.460	55.020
Fibonacci	50.643	51.400	51.867	52.623	53.380	53.847	54.603

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.616	48.074	50.207	53.665	55.798	59.256	61.389
Camarilla	50.803	51.315	51.828	52.340	52.853	53.365	53.878
Woodie	43.954	47.743	49.545	53.334	55.136	58.925	60.727
Fibonacci	48.074	50.210	51.529	53.665	55.801	57.120	59.256

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.03
MACD (12,26,9):	-0.6530
Directional Movement:	-7.879
AROON (14):	-85.714
DEMA (21):	52.244
Parabolic SAR (0,02-0,02-0,2):	53.797
Elder Ray (13):	-0.700
Super Trend (3,10):	55.539
Zig ZAG (10):	51.700
VORTEX (21):	0.8860
Stochastique (14,3,5):	22.00
TEMA (21):	52.004
Williams %R (14):	-88.09
Chande Momentum Oscillator (20):	-1.518
Repulse (5,40,3):	-3.1420
ROCnROLL:	2
TRIX (15,9):	-0.1510
Courbe Coppock:	5.16

MA7:	52.440
MA20:	53.180
MA50:	54.441
MA100:	55.138
MAexp7:	52.344
MAexp20:	53.079
MAexp50:	54.017
MAexp100:	54.444
Price / MA7:	-1.45%
Price / MA20:	-2.82%
Price / MA50:	-5.07%
Price / MA100:	-6.27%
Price / MAexp7:	-1.27%
Price / MAexp20:	-2.64%
Price / MAexp50:	-4.33%
Price / MAexp100:	-5.08%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on TOTALENERGIES at the time of the analysis were as follows:

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

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Londinia AI

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