CNP ASSURANCES
CNP ASSURANCES
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CNP
ISIN: FR0000120222

CNP ASSURANCES - Daily - Technical analysis published on 09/09/2020 (GMT)

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 10.529 EUR
My targets
12.530 EUR (+9.62%)
14.447 EUR (+26.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CNP ASSURANCES as long as the price remains well above 10.529 EUR. The buyers” bullish objective is set at 12.530 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.447 EUR. If there is any crossing, the next objective would be the resistance located at 17.217 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4

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 Picoul.

Additional analysis

Quotes

The CNP ASSURANCES price is 11.430 EUR. The price has increased by +4.29% since the last closing and was between 10.810 EUR and 11.470 EUR. This implies that the price is at +5.74% from its lowest and at -0.35% from its highest.

10.810
11.470
11.430

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.

Central Gaps

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 Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this CNP ASSURANCES chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.599 8.545 10.529 11.430 12.530 14.447 17.217
Change (%) -33.52% -25.24% -7.88% - +9.62% +26.40% +50.63%
Change -3.831 -2.885 -0.901 - +1.100 +3.017 +5.787
Level Intermediate Minor Major - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.28010.58010.77011.07011.26011.56011.750
Camarilla10.82510.87010.91510.96011.00511.05011.095
Woodie10.22510.55310.71511.04311.20511.53311.695
Fibonacci10.58010.76710.88311.07011.25711.37311.560


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.53010.15010.59011.21011.65012.27012.710
Camarilla10.73910.83610.93311.03011.12711.22411.322
Woodie9.44010.10510.50011.16511.56012.22512.620
Fibonacci10.15010.55510.80511.21011.61511.86512.270


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.7328.7539.98711.00812.24213.26314.497
Camarilla10.60010.80711.01311.22011.42711.63311.840
Woodie7.8388.80610.09311.06112.34813.31614.603
Fibonacci8.7539.61510.14711.00811.87012.40213.263

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): 55.01
MACD (12,26,9): 0.0520
Directional Movement: -0.517
AROON (14): -7.143
DEMA (21): 11.264
Parabolic SAR (0,02-0,02-0,2): 11.886
Elder Ray (13): -0.097
Super Trend (3,10): 10.438
Zig ZAG (10): 11.320
VORTEX (21): 0.8960
Stochastique (14,3,5): 39.62
TEMA (21): 11.165
Williams %R (14): -46.23
Chande Momentum Oscillator (20): -0.050
Repulse (5,40,3): 2.6450
ROCnROLL: 1
TRIX (15,9): 0.1190
Courbe Coppock: 3.71
MA7: 11.086
MA20: 11.257
MA50: 10.960
MA100: 10.375
MAexp7: 11.166
MAexp20: 11.165
MAexp50: 10.967
MAexp100: 11.058
Price / MA7: +3.10%
Price / MA20: +1.54%
Price / MA50: +4.29%
Price / MA100: +10.17%
Price / MAexp7: +2.36%
Price / MAexp20: +2.37%
Price / MAexp50: +4.22%
Price / MAexp100: +3.36%

Quotes : 2020-09-09 13:43:28 - 15 min delayed data - Euronext Paris

News


The last news published on CNP ASSURANCES 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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