DASSAULT SYSTEMES - 1H - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 31.91 EUR
My targets
31.54 EUR (-0.57%)
31.29 EUR (-1.36%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DASSAULT SYSTEMES. As long as you are under the resistance located at 31.91 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 31.54 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 31.29 EUR as an objective. Crossing it would then enable sellers to target 31.04 EUR. If the resistance 31.91 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.3
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Additional analysis
Quotes
The DASSAULT SYSTEMES rating is 31.72 EUR. On the day, this instrument lost -0.06% and was traded between 31.63 EUR and 31.94 EUR over the period. The price is currently at +0.28% from its lowest and -0.69% from its highest.31.63
31.94
31.72
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DASSAULT SYSTEMES in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 31.04 | 31.29 | 31.54 | 31.72 | 31.91 | 32.15 | 32.46 |
| Change (%) | -2.14% | -1.36% | -0.57% | - | +0.60% | +1.36% | +2.33% |
| Change | -0.68 | -0.43 | -0.18 | - | +0.19 | +0.43 | +0.74 |
| Level | Minor | Major | Minor | - | Minor | Major | Intermediate |
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 | 30.93 | 31.11 | 31.43 | 31.61 | 31.93 | 32.11 | 32.43 |
| Camarilla | 31.60 | 31.65 | 31.69 | 31.74 | 31.79 | 31.83 | 31.88 |
| Woodie | 30.99 | 31.15 | 31.49 | 31.65 | 31.99 | 32.15 | 32.49 |
| Fibonacci | 31.11 | 31.30 | 31.42 | 31.61 | 31.80 | 31.92 | 32.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.03 | 30.16 | 30.77 | 31.90 | 32.51 | 33.64 | 34.25 |
| Camarilla | 30.91 | 31.07 | 31.23 | 31.39 | 31.55 | 31.71 | 31.87 |
| Woodie | 28.78 | 30.03 | 30.52 | 31.77 | 32.26 | 33.51 | 34.00 |
| Fibonacci | 30.16 | 30.82 | 31.23 | 31.90 | 32.56 | 32.97 | 33.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.59 | 27.81 | 29.64 | 32.86 | 34.69 | 37.91 | 39.74 |
| Camarilla | 30.07 | 30.53 | 31.00 | 31.46 | 31.92 | 32.39 | 32.85 |
| Woodie | 23.89 | 27.46 | 28.94 | 32.51 | 33.99 | 37.56 | 39.04 |
| Fibonacci | 27.81 | 29.74 | 30.93 | 32.86 | 34.79 | 35.98 | 37.91 |
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): | 53.06 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | 9.40 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 31.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.30 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 31.98 | |
| Zig ZAG (10): | 31.80 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 82.01 | |
| TEMA (21): | 31.63 | |
| Williams %R (14): | -22.73 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.5500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.97 |
| MA7: | 32.04 | |
| MA20: | 32.07 | |
| MA50: | 33.79 | |
| MA100: | 34.02 | |
| MAexp7: | 31.69 | |
| MAexp20: | 31.66 | |
| MAexp50: | 31.88 | |
| MAexp100: | 32.06 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -1.09% | |
| Price / MA50: | -6.13% | |
| Price / MA100: | -6.76% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | -0.50% | |
| Price / MAexp100: | -1.06% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on DASSAULT SYSTEMES. At the time of publication of this analysis, the latest news was as follows:
- Dassault Systèmes’ 3DEXPERIENCE Platform to Be Used for Electric Vehicle Development at Volvo Cars
- Medidata Secures Highest Leadership Position in Everest Group’s First Life Sciences Clinical Trial Management System Products PEAK Matrix® Assessment
- Medidata Unveils Transformative Solutions and Collaborations at NEXT New York, Driving Paradigm Shift in Life Sciences and Healthcare
- Meet “Emma Twin,” Dassault Systèmes’ Avatar Showcasing How Virtual Twins Drive Healthcare Innovation
- Dassault Systèmes Showcases Its GEOVIA Unique Collaborative Solutions within the 3DEXPERIENCE Platform at the 26th World Mining Congress
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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