TECHNIP ENERGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TE
ISIN:	NL0014559478

TECHNIP ENERGIES - 1H - Technical analysis published on 02/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

94%

My opinion

Bullish above 18.901 EUR

My targets

19.500 EUR (+2.07%)

19.747 EUR (+3.36%)

My analysis

The strong short-term increase for TECHNIP ENERGIES reinforces the current slightly bullish trend. As long as the price remains above 18.901 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 19.500 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 19.747 EUR as an objective. Crossing it would then enable buyers to target 20.122 EUR. A return to 18.901 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

5.9

Comment on the analysis

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

TECHNIP ENERGIES rating 19.105 EUR. On the day, this instrument gained +2.80% with the lowest point at 18.650 EUR and the highest point at 19.160 EUR. The deviation from the price is +2.44% for the low point and -0.29% for the high point.

18.650

19.160

19.105

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 this 1H chart of TECHNIP ENERGIES indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.330	18.545	18.901	19.105	19.500	19.747	20.122
Change (%)	-4.06%	-2.93%	-1.07%	-	+2.07%	+3.36%	+5.32%
Change	-0.775	-0.560	-0.204	-	+0.395	+0.642	+1.017
Level	Minor	Major	Minor	-	Major	Intermediate	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	17.893	18.112	18.348	18.567	18.803	19.022	19.258
Camarilla	18.460	18.502	18.543	18.585	18.627	18.668	18.710
Woodie	17.903	18.116	18.358	18.571	18.813	19.026	19.268
Fibonacci	18.112	18.286	18.393	18.567	18.741	18.848	19.022

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.183	17.777	18.073	18.667	18.963	19.557	19.853
Camarilla	18.125	18.207	18.288	18.370	18.452	18.533	18.615
Woodie	17.035	17.703	17.925	18.593	18.815	19.483	19.705
Fibonacci	17.777	18.117	18.327	18.667	19.007	19.217	19.557

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.927	17.578	18.437	20.088	20.947	22.598	23.457
Camarilla	18.605	18.835	19.065	19.295	19.525	19.755	19.985
Woodie	15.530	17.380	18.040	19.890	20.550	22.400	23.060
Fibonacci	17.578	18.537	19.130	20.088	21.047	21.640	22.598

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):	63.56
MACD (12,26,9):	0.0690
Directional Movement:	15.700
AROON (14):	78.571
DEMA (21):	18.867
Parabolic SAR (0,02-0,02-0,2):	18.640
Elder Ray (13):	0.219
Super Trend (3,10):	18.666
Zig ZAG (10):	19.090
VORTEX (21):	1.1140
Stochastique (14,3,5):	91.57
TEMA (21):	18.983
Williams %R (14):	-8.43
Chande Momentum Oscillator (20):	0.475
Repulse (5,40,3):	1.0620
ROCnROLL:	1
TRIX (15,9):	-0.0050
Courbe Coppock:	3.98

MA7:	18.752
MA20:	19.294
MA50:	20.191
MA100:	20.959
MAexp7:	18.959
MAexp20:	18.813
MAexp50:	18.845
MAexp100:	19.043
Price / MA7:	+1.88%
Price / MA20:	-0.98%
Price / MA50:	-5.38%
Price / MA100:	-8.85%
Price / MAexp7:	+0.77%
Price / MAexp20:	+1.55%
Price / MAexp50:	+1.38%
Price / MAexp100:	+0.33%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on TECHNIP ENERGIES at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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