CNP ASSURANCES - Daily - Technical analysis published on 10/15/2019 (GMT)
- Who voted?
- 274
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
CNP ASSURANCES Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
72%
11%
17%
My opinion
Bullish above 17.22 EUR
My targets
18.27 EUR (+0.66%)
18.80 EUR (+3.58%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CNP ASSURANCES as long as the price remains well above 17.22 EUR. The buyers” bullish objective is set at 18.27 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18.80 EUR. If there is any crossing, the next objective would be the resistance located at 19.49 EUR.
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
3.6
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 Vincent Launay.
Additional analysis
Quotes
The CNP ASSURANCES rating is 18.15 EUR. On the day, this instrument gained +1.45% with the lowest point at 17.85 EUR and the highest point at 18.18 EUR. The deviation from the price is +1.68% for the low point and -0.17% for the high point.17.85
18.18
18.15
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CNP ASSURANCES:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CNP ASSURANCES indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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 resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.45 | 16.34 | 17.22 | 18.15 | 18.27 | 18.80 | 19.49 |
| Change (%) | -20.39% | -9.97% | -5.12% | - | +0.66% | +3.58% | +7.38% |
| Change | -3.70 | -1.81 | -0.93 | - | +0.12 | +0.65 | +1.34 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.21 | 17.46 | 17.67 | 17.92 | 18.13 | 18.38 | 18.59 |
| Camarilla | 17.76 | 17.81 | 17.85 | 17.89 | 17.93 | 17.97 | 18.02 |
| Woodie | 17.20 | 17.45 | 17.66 | 17.91 | 18.12 | 18.37 | 18.58 |
| Fibonacci | 17.46 | 17.63 | 17.74 | 17.92 | 18.09 | 18.20 | 18.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.15 | 16.57 | 17.42 | 17.84 | 18.69 | 19.11 | 19.96 |
| Camarilla | 17.91 | 18.03 | 18.14 | 18.26 | 18.38 | 18.49 | 18.61 |
| Woodie | 16.36 | 16.68 | 17.63 | 17.95 | 18.90 | 19.22 | 20.17 |
| Fibonacci | 16.57 | 17.06 | 17.36 | 17.84 | 18.33 | 18.63 | 19.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.57 | 15.46 | 16.59 | 17.48 | 18.61 | 19.50 | 20.63 |
| Camarilla | 17.17 | 17.36 | 17.55 | 17.73 | 17.92 | 18.10 | 18.29 |
| Woodie | 14.70 | 15.52 | 16.72 | 17.54 | 18.74 | 19.56 | 20.76 |
| Fibonacci | 15.46 | 16.23 | 16.71 | 17.48 | 18.25 | 18.73 | 19.50 |
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): | 60.09 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 13.26 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 17.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.96 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 16.89 | |
| Zig ZAG (10): | 18.15 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 87.50 | |
| TEMA (21): | 17.82 | |
| Williams %R (14): | -8.82 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | 3.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.26 |
| MA7: | 17.60 | |
| MA20: | 17.65 | |
| MA50: | 17.18 | |
| MA100: | 18.46 | |
| MAexp7: | 17.75 | |
| MAexp20: | 17.57 | |
| MAexp50: | 17.68 | |
| MAexp100: | 18.15 | |
| Price / MA7: | +3.13% | |
| Price / MA20: | +2.83% | |
| Price / MA50: | +5.65% | |
| Price / MA100: | -1.68% | |
| Price / MAexp7: | +2.25% | |
| Price / MAexp20: | +3.30% | |
| Price / MAexp50: | +2.66% | |
| Price / MAexp100: | -0% |
News
Don"t forget to follow the news on CNP ASSURANCES. At the time of publication of this analysis, the latest news was as follows:
CNP AssurancesThis member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CNP ASSURANCES - Daily