DANONE - 1H - Technical analysis published on 05/23/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 75.06 EUR
My targets
76.74 EUR (+1.35%)
78.94 EUR (+4.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DANONE as long as the price remains well above 75.06 EUR. The buyers' bullish objective is set at 76.74 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 78.94 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DANONE rating 75.72 EUR. The price registered a decrease of -0.16% on the session and was between 75.62 EUR and 76.20 EUR. This implies that the price is at +0.13% from its lowest and at -0.63% from its highest.75.62
76.20
75.72
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DANONE indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1 (Daily)
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 73.59 | 75.06 | 75.58 | 75.72 |
| Change (%) | -2.81% | -0.87% | -0.18% | - |
| Change | -2.13 | -0.66 | -0.14 | - |
| Level | Minor | Minor | Major | - |
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 | 74.70 | 74.96 | 75.40 | 75.66 | 76.10 | 76.36 | 76.80 |
| Camarilla | 75.65 | 75.71 | 75.78 | 75.84 | 75.90 | 75.97 | 76.03 |
| Woodie | 74.79 | 75.01 | 75.49 | 75.71 | 76.19 | 76.41 | 76.89 |
| Fibonacci | 74.96 | 75.23 | 75.39 | 75.66 | 75.93 | 76.09 | 76.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.68 | 69.90 | 72.10 | 73.32 | 75.52 | 76.74 | 78.94 |
| Camarilla | 73.36 | 73.67 | 73.99 | 74.30 | 74.61 | 74.93 | 75.24 |
| Woodie | 69.17 | 70.15 | 72.59 | 73.57 | 76.01 | 76.99 | 79.43 |
| Fibonacci | 69.90 | 71.21 | 72.01 | 73.32 | 74.63 | 75.43 | 76.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.85 | 64.29 | 69.06 | 71.50 | 76.27 | 78.71 | 83.48 |
| Camarilla | 71.85 | 72.51 | 73.17 | 73.83 | 74.49 | 75.15 | 75.81 |
| Woodie | 63.02 | 64.87 | 70.23 | 72.08 | 77.44 | 79.29 | 84.65 |
| Fibonacci | 64.29 | 67.04 | 68.75 | 71.50 | 74.25 | 75.96 | 78.71 |
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): | 58.73 | |
| MACD (12,26,9): | 0.2500 | |
| Directional Movement: | 19.50 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 75.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 75.23 | |
| Elder Ray (13): | 0.38 | |
| Super Trend (3,10): | 75.01 | |
| Zig ZAG (10): | 75.68 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 72.81 | |
| TEMA (21): | 75.70 | |
| Williams %R (14): | -49.09 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | -0.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.69 |
| MA7: | 74.98 | |
| MA20: | 74.02 | |
| MA50: | 71.38 | |
| MA100: | 68.27 | |
| MAexp7: | 75.62 | |
| MAexp20: | 75.43 | |
| MAexp50: | 74.85 | |
| MAexp100: | 74.26 | |
| Price / MA7: | +0.99% | |
| Price / MA20: | +2.30% | |
| Price / MA50: | +6.08% | |
| Price / MA100: | +10.91% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +1.16% | |
| Price / MAexp100: | +1.97% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on DANONE at the time of the analysis were as follows:
- Danone and Kate Farms to join forces to serve people with health needs across both medical and everyday nutrition
- Danone: Strong start to the year, demonstrating the relevance of our health-oriented portfolio
- Danone: Information on the total number of voting rights and shares
- Danone publishes its 2024 Universal Registration Document
- Danone: Notification of availability of Danone’s 2024 consolidated financial statements and statutory auditors’ report
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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