LAGARDERE SA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MMB
ISIN:	FR0000130213

LAGARDERE SA - Daily - Technical analysis published on 11/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 17.46 EUR

My targets

19.47 EUR (+2.47%)

21.22 EUR (+11.70%)

My analysis

The bullish trend is currently very strong on LAGARDERE SA. As long as the price remains above the support at 17.46 EUR, you could try to benefit from the boom. The first bullish objective is located at 19.47 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.22 EUR as an objective. Crossing it would then enable buyers to target 22.64 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

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.

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Additional analysis

Quotes

LAGARDERE SA rating 19.00 EUR. On the day, this instrument lost -0.05% and was between 18.80 EUR and 19.06 EUR. This implies that the price is at +1.06% from its lowest and at -0.31% from its highest.

18.80

19.06

19.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this LAGARDERE SA chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.50	16.41	17.46	19.00	19.47	22.64	23.59
Change (%)	-18.42%	-13.63%	-8.11%	-	+2.47%	+19.16%	+24.16%
Change	-3.50	-2.59	-1.54	-	+0.47	+3.64	+4.59
Level	Major	Minor	Major	-	Major	Intermediate	Minor

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	18.53	18.62	18.82	18.91	19.11	19.20	19.40
Camarilla	18.93	18.96	18.98	19.01	19.04	19.06	19.09
Woodie	18.58	18.65	18.87	18.94	19.16	19.23	19.45
Fibonacci	18.62	18.73	18.80	18.91	19.02	19.09	19.20

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.28	16.90	17.80	18.42	19.32	19.94	20.84
Camarilla	18.27	18.41	18.55	18.69	18.83	18.97	19.11
Woodie	16.41	16.97	17.93	18.49	19.45	20.01	20.97
Fibonacci	16.90	17.48	17.84	18.42	19.00	19.36	19.94

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.27	14.16	15.92	16.81	18.57	19.46	21.22
Camarilla	16.96	17.20	17.45	17.69	17.93	18.18	18.42
Woodie	13.72	14.38	16.37	17.03	19.02	19.68	21.67
Fibonacci	14.16	15.17	15.79	16.81	17.82	18.44	19.46

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):	70.44
MACD (12,26,9):	0.7100
Directional Movement:	31.87
AROON (14):	57.14
DEMA (21):	18.61
Parabolic SAR (0,02-0,02-0,2):	17.09
Elder Ray (13):	0.82
Super Trend (3,10):	17.57
Zig ZAG (10):	19.00
VORTEX (21):	1.3000
Stochastique (14,3,5):	92.94
TEMA (21):	19.02
Williams %R (14):	-2.75
Chande Momentum Oscillator (20):	1.79
Repulse (5,40,3):	4.7000
ROCnROLL:	1
TRIX (15,9):	0.5400
Courbe Coppock:	17.09

MA7:	18.48
MA20:	17.65
MA50:	16.29
MA100:	16.74
MAexp7:	18.54
MAexp20:	17.72
MAexp50:	17.06
MAexp100:	17.65
Price / MA7:	+2.81%
Price / MA20:	+7.65%
Price / MA50:	+16.64%
Price / MA100:	+13.50%
Price / MAexp7:	+2.48%
Price / MAexp20:	+7.22%
Price / MAexp50:	+11.37%
Price / MAexp100:	+7.65%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on LAGARDERE SA at the time of the generation of this analysis was as follows:

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

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