CIE BOIS SAUVAGE - Daily - Technical analysis published on 03/04/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 380.0 EUR
My targets
360.0 EUR (-1.91%)
355.0 EUR (-3.27%)
My analysis
The bearish trend is currently very strong for CIE BOIS SAUVAGE. As long as the price remains below the resistance at 380.0 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 360.0 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 355.0 EUR as an objective. Crossing it would then enable sellers to target 319.7 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 are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.5
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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 CIE BOIS SAUVAGE price is 367.0 EUR. The price has increased by -2.13% since the last closing and was traded between 365.0 EUR and 375.0 EUR over the period. The price is currently at +0.55% from its lowest and -2.13% from its highest.365.0
375.0
367.0
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
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 CIE BOIS SAUVAGE chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 355.0 | 360.0 | 363.0 | 367.0 | 372.0 | 380.0 | 384.0 |
| Change (%) | -3.27% | -1.91% | -1.09% | - | +1.36% | +3.54% | +4.63% |
| Change | -12.0 | -7.0 | -4.0 | - | +5.0 | +13.0 | +17.0 |
| Level | Minor | Minor | Major | - | Minor | 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 | 350.0 | 355.0 | 365.0 | 370.0 | 380.0 | 385.0 | 395.0 |
| Camarilla | 370.9 | 372.3 | 373.6 | 375.0 | 376.4 | 377.8 | 379.1 |
| Woodie | 352.5 | 356.3 | 367.5 | 371.3 | 382.5 | 386.3 | 397.5 |
| Fibonacci | 355.0 | 360.7 | 364.3 | 370.0 | 375.7 | 379.3 | 385.0 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 315.0 | 333.0 | 344.0 | 362.0 | 373.0 | 391.0 | 402.0 |
| Camarilla | 347.0 | 349.7 | 352.3 | 355.0 | 357.7 | 360.3 | 363.0 |
| Woodie | 311.5 | 331.3 | 340.5 | 360.3 | 369.5 | 389.3 | 398.5 |
| Fibonacci | 333.0 | 344.1 | 350.9 | 362.0 | 373.1 | 379.9 | 391.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 295.0 | 323.0 | 339.0 | 367.0 | 383.0 | 411.0 | 427.0 |
| Camarilla | 342.9 | 346.9 | 351.0 | 355.0 | 359.0 | 363.1 | 367.1 |
| Woodie | 289.0 | 320.0 | 333.0 | 364.0 | 377.0 | 408.0 | 421.0 |
| Fibonacci | 323.0 | 339.8 | 350.2 | 367.0 | 383.8 | 394.2 | 411.0 |
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): | 43.10 | |
| MACD (12,26,9): | -5.0000 | |
| Directional Movement: | -5.3 | |
| AROON (14): | -78.6 | |
| DEMA (21): | 369.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 377.0 | |
| Elder Ray (13): | -2.0 | |
| Super Trend (3,10): | 383.8 | |
| Zig ZAG (10): | 367.0 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 36.40 | |
| TEMA (21): | 364.5 | |
| Williams %R (14): | -62.80 | |
| Chande Momentum Oscillator (20): | -22.0 | |
| Repulse (5,40,3): | 2.9000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 11.70 |
| MA7: | 365.7 | |
| MA20: | 379.6 | |
| MA50: | 381.0 | |
| MA100: | 378.4 | |
| MAexp7: | 368.2 | |
| MAexp20: | 375.0 | |
| MAexp50: | 378.2 | |
| MAexp100: | 377.4 | |
| Price / MA7: | +0.36% | |
| Price / MA20: | -3.32% | |
| Price / MA50: | -3.67% | |
| Price / MA100: | -3.01% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -2.13% | |
| Price / MAexp50: | -2.96% | |
| Price / MAexp100: | -2.76% |
News
Don"t forget to follow the news on CIE BOIS SAUVAGE. At the time of publication of this analysis, the latest news was as follows:
- Cie du Bois Sauvage: Capital increase through the exercise of subscription rights
- All agenda items were approved at the Ordinary General Meeting of April 25 2018, including the payment of a gross dividend of EUR 7.60 per share
- Cie du Bois Sauvage - Annual report 2017
- Cie du Bois Sauvage - Results FY 2017
- Compagnie du Bois Sauvage: Subscription to the capital increase of Vinventions, LLC
This member declared not having a position on this financial instrument or a related financial instrument.
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