CFE - Daily - Technical analysis published on 12/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 90.7 EUR
My targets
101.6 EUR (+6.95%)
118.0 EUR (+24.21%)
My analysis
CFE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 90.7 EUR. The next resistance located at 101.6 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 118.0 EUR. After this resistance, buyers could then target 140.5 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CFE rating is 95.0 EUR. The price is lower by -1.04% since the last closing and was traded between 94.6 EUR and 97.0 EUR over the period. The price is currently at +0.42% from its lowest and -2.06% from its highest.94.6
97.0
95.0
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CFE 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 market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
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
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 81.6 | 85.1 | 90.7 | 95.0 | 101.6 | 118.0 | 140.5 |
| Change (%) | -14.11% | -10.42% | -4.53% | - | +6.95% | +24.21% | +47.89% |
| Change | -13.4 | -9.9 | -4.3 | - | +6.6 | +23.0 | +45.5 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.2 | 94.9 | 95.4 | 96.1 | 96.6 | 97.3 | 97.8 |
| Camarilla | 95.7 | 95.8 | 95.9 | 96.0 | 96.1 | 96.2 | 96.3 |
| Woodie | 94.2 | 94.9 | 95.4 | 96.1 | 96.6 | 97.3 | 97.8 |
| Fibonacci | 94.9 | 95.3 | 95.6 | 96.1 | 96.5 | 96.8 | 97.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.6 | 85.3 | 88.1 | 89.8 | 92.6 | 94.3 | 97.1 |
| Camarilla | 89.8 | 90.2 | 90.6 | 91.0 | 91.4 | 91.8 | 92.2 |
| Woodie | 84.3 | 85.6 | 88.8 | 90.1 | 93.3 | 94.6 | 97.8 |
| Fibonacci | 85.3 | 87.0 | 88.1 | 89.8 | 91.5 | 92.6 | 94.3 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.7 | 75.3 | 80.1 | 85.7 | 90.5 | 96.1 | 100.9 |
| Camarilla | 81.9 | 82.9 | 83.9 | 84.8 | 85.8 | 86.7 | 87.7 |
| Woodie | 69.2 | 75.1 | 79.6 | 85.5 | 90.0 | 95.9 | 100.4 |
| Fibonacci | 75.3 | 79.3 | 81.8 | 85.7 | 89.7 | 92.2 | 96.1 |
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): | 68.80 | |
| MACD (12,26,9): | 2.6000 | |
| Directional Movement: | 22.1 | |
| AROON (14): | 71.5 | |
| DEMA (21): | 93.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 91.8 | |
| Elder Ray (13): | 4.1 | |
| Super Trend (3,10): | 90.3 | |
| Zig ZAG (10): | 95.0 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 86.80 | |
| TEMA (21): | 95.2 | |
| Williams %R (14): | -17.30 | |
| Chande Momentum Oscillator (20): | 9.2 | |
| Repulse (5,40,3): | -1.7000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 22.60 |
| MA7: | 93.9 | |
| MA20: | 88.4 | |
| MA50: | 87.2 | |
| MA100: | 85.0 | |
| MAexp7: | 93.8 | |
| MAexp20: | 90.2 | |
| MAexp50: | 87.6 | |
| MAexp100: | 86.0 | |
| Price / MA7: | +1.17% | |
| Price / MA20: | +7.47% | |
| Price / MA50: | +8.94% | |
| Price / MA100: | +11.76% | |
| Price / MAexp7: | +1.28% | |
| Price / MAexp20: | +5.32% | |
| Price / MAexp50: | +8.45% | |
| Price / MAexp100: | +10.47% |
News
The last news published on CFE at the time of the generation of this analysis was as follows:
- Kay Wong-Alafriz, CPA, CA, CFE, ICD.D Joins Deeprock Minerals as Chief Financial Officer (CFO)
- CFE Fund And Wells Fargo Double Size Of "Bank On" Fellowship To Help More Americans Reach Financial Goals
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Cie d'Entreprises CFE
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Cie d'Entreprises CFE
This member declared not having a position on this financial instrument or a related financial instrument.
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