VINCI - 1H - Technical analysis published on 02/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 116.58 EUR
My targets
115.24 EUR (-0.72%)
114.22 EUR (-1.60%)
My analysis
The bearish trend is currently very strong for VINCI. As long as the price remains below the resistance at 116.58 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 115.24 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 114.22 EUR as an objective. Crossing it would then enable sellers to target 112.94 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VINCI rating 116.08 EUR. On the day, this instrument lost -0.05% and was between 115.96 EUR and 116.44 EUR. This implies that the price is at +0.10% from its lowest and at -0.31% from its highest.115.96
116.44
116.08
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VINCI indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 114.22 | 114.82 | 115.24 | 116.08 | 116.09 | 116.58 | 117.41 |
| Change (%) | -1.60% | -1.09% | -0.72% | - | +0.01% | +0.43% | +1.15% |
| Change | -1.86 | -1.26 | -0.84 | - | +0.01 | +0.50 | +1.33 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 113.85 | 114.67 | 115.41 | 116.23 | 116.97 | 117.79 | 118.53 |
| Camarilla | 115.71 | 115.85 | 116.00 | 116.14 | 116.28 | 116.43 | 116.57 |
| Woodie | 113.80 | 114.65 | 115.36 | 116.21 | 116.92 | 117.77 | 118.48 |
| Fibonacci | 114.67 | 115.27 | 115.64 | 116.23 | 116.83 | 117.20 | 117.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 109.99 | 112.41 | 114.27 | 116.69 | 118.55 | 120.97 | 122.83 |
| Camarilla | 114.96 | 115.36 | 115.75 | 116.14 | 116.53 | 116.93 | 117.32 |
| Woodie | 109.72 | 112.27 | 114.00 | 116.55 | 118.28 | 120.83 | 122.56 |
| Fibonacci | 112.41 | 114.04 | 115.05 | 116.69 | 118.32 | 119.33 | 120.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.82 | 109.64 | 113.36 | 116.18 | 119.90 | 122.72 | 126.44 |
| Camarilla | 115.28 | 115.88 | 116.48 | 117.08 | 117.68 | 118.28 | 118.88 |
| Woodie | 107.27 | 109.87 | 113.81 | 116.41 | 120.35 | 122.95 | 126.89 |
| Fibonacci | 109.64 | 112.14 | 113.68 | 116.18 | 118.68 | 120.22 | 122.72 |
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): | 40.81 | |
| MACD (12,26,9): | -0.4500 | |
| Directional Movement: | -23.82 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 116.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 115.12 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 117.76 | |
| Zig ZAG (10): | 116.10 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 35.17 | |
| TEMA (21): | 115.85 | |
| Williams %R (14): | -54.74 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | -0.2500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 1.86 |
| MA7: | 117.23 | |
| MA20: | 117.10 | |
| MA50: | 115.58 | |
| MA100: | 109.94 | |
| MAexp7: | 116.13 | |
| MAexp20: | 116.67 | |
| MAexp50: | 117.17 | |
| MAexp100: | 117.22 | |
| Price / MA7: | -0.98% | |
| Price / MA20: | -0.87% | |
| Price / MA50: | +0.43% | |
| Price / MA100: | +5.58% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.51% | |
| Price / MAexp50: | -0.93% | |
| Price / MAexp100: | -0.97% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on VINCI at the time of the generation of this analysis was as follows:
- Publication of audited consolidated financial statements at 31 December 2023
- VINCI PARTNERS ANNOUNCES SHARE BUYBACK PLAN
- VINCI PARTNERS REPORTS FOURTH QUARTER AND FULL YEAR 2023 EARNINGS RESULTS
- VINCI - 2023 Annual Results
- Disclosure of the Number of Shares Forming the Capital and of the Total Number of Voting Rights as of 31 January 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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