DASSAULT SYSTEMES - Daily - Technical analysis published on 09/24/2019 (GMT)
- Who voted?
- 305
- 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
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 130.80 EUR
My targets
125.00 EUR (-1.30%)
111.68 EUR (-11.82%)
My analysis
DASSAULT SYSTEMES is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 130.80 EUR. The next support located at 125.00 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 111.68 EUR. Below this support, sellers could then target 96.28 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.1
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASSAULT SYSTEMES rating is 126.65 EUR. On the day, this instrument gained +0.04% and was traded between 125.80 EUR and 127.30 EUR over the period. The price is currently at +0.68% from its lowest and -0.51% from its highest.125.80
127.30
126.65
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of DASSAULT SYSTEMES indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
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
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 96.28 | 111.68 | 125.00 | 126.65 | 130.80 | 139.90 | 146.40 |
| Change (%) | -23.98% | -11.82% | -1.30% | - | +3.28% | +10.46% | +15.59% |
| Change | -30.37 | -14.97 | -1.65 | - | +4.15 | +13.25 | +19.75 |
| Level | Major | Intermediate | Major | - | Major | Major | Major |
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 | 121.08 | 123.77 | 125.18 | 127.87 | 129.28 | 131.97 | 133.38 |
| Camarilla | 125.47 | 125.85 | 126.22 | 126.60 | 126.98 | 127.35 | 127.73 |
| Woodie | 120.45 | 123.45 | 124.55 | 127.55 | 128.65 | 131.65 | 132.75 |
| Fibonacci | 123.77 | 125.33 | 126.30 | 127.87 | 129.43 | 130.40 | 131.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.08 | 125.57 | 128.13 | 130.62 | 133.18 | 135.67 | 138.23 |
| Camarilla | 129.31 | 129.77 | 130.24 | 130.70 | 131.16 | 131.63 | 132.09 |
| Woodie | 123.13 | 125.59 | 128.18 | 130.64 | 133.23 | 135.69 | 138.28 |
| Fibonacci | 125.57 | 127.50 | 128.69 | 130.62 | 132.55 | 133.74 | 135.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.33 | 114.42 | 121.28 | 130.37 | 137.23 | 146.32 | 153.18 |
| Camarilla | 123.76 | 125.23 | 126.69 | 128.15 | 129.61 | 131.07 | 132.54 |
| Woodie | 104.23 | 113.86 | 120.18 | 129.81 | 136.13 | 145.76 | 152.08 |
| Fibonacci | 114.42 | 120.51 | 124.27 | 130.37 | 136.46 | 140.22 | 146.32 |
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): | 44.11 | |
| MACD (12,26,9): | -0.4000 | |
| Directional Movement: | -5.85 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 128.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 124.04 | |
| Elder Ray (13): | -2.31 | |
| Super Trend (3,10): | 132.74 | |
| Zig ZAG (10): | 126.70 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 54.87 | |
| TEMA (21): | 129.07 | |
| Williams %R (14): | -56.19 | |
| Chande Momentum Oscillator (20): | -2.65 | |
| Repulse (5,40,3): | -2.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.02 |
| MA7: | 129.48 | |
| MA20: | 128.49 | |
| MA50: | 130.78 | |
| MA100: | 134.16 | |
| MAexp7: | 128.66 | |
| MAexp20: | 128.98 | |
| MAexp50: | 130.65 | |
| MAexp100: | 131.42 | |
| Price / MA7: | -2.19% | |
| Price / MA20: | -1.43% | |
| Price / MA50: | -3.16% | |
| Price / MA100: | -5.60% | |
| Price / MAexp7: | -1.56% | |
| Price / MAexp20: | -1.81% | |
| Price / MAexp50: | -3.06% | |
| Price / MAexp100: | -3.63% |
News
The last news published on DASSAULT SYSTEMES at the time of the generation of this analysis was as follows:
- Dassault Systèmes Introduces SOLIDWORKS 2020, Designed for the 3DEXPERIENCE.WORKS Portfolio, Accelerating the Product Development Process for Millions of Users
- Driving Sustainability With the Virtual World: Global Thought Leaders Examine Strategies at Dassault Systèmes’ Annual Manufacturing in the Age of Experience Event
- Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of August 31, 2019
- Dassault Systèmes: disclosure of trading in own shares
- Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of July 31, 2019
This 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 DASSAULT SYSTEMES - Daily