LOREAL
LOREAL
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OR
ISIN: FR0000120321

LOREAL - 1H - Technical analysis published on 11/15/2022 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 338.20 EUR
My targets
350.36 EUR (+1.35%)
358.17 EUR (+3.61%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 338.20 EUR remains possible. It is advisable to trade LOREAL with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 338.20 EUR. The next bullish objective for buyers is set at 350.36 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 358.17 EUR. If there is any crossing, the next objective would be the resistance located at 369.24 EUR. PS: if there is a bearish break in the support located at 338.20 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish 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
2.3

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The LOREAL rating is 345.70 EUR. The price is lower by -0.23% since the last closing with the lowest point at 344.90 EUR and the highest point at 349.85 EUR. The deviation from the price is +0.23% for the low point and -1.19% for the high point.

344.90
349.85
345.70

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of LOREAL indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 323.64 330.08 338.20 345.70 350.36 358.17 369.24
Change (%) -6.38% -4.52% -2.17% - +1.35% +3.61% +6.81%
Change -22.06 -15.62 -7.50 - +4.66 +12.47 +23.54
Level Major Major Major - Major 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
Standard336.35340.90343.70348.25351.05355.60358.40
Camarilla344.48345.15345.83346.50347.17347.85348.52
Woodie335.48340.46342.83347.81350.18355.16357.53
Fibonacci340.90343.71345.44348.25351.06352.79355.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard290.78303.67325.23338.12359.68372.57394.13
Camarilla337.33340.48343.64346.80349.96353.12356.27
Woodie295.13305.84329.58340.29364.03374.74398.48
Fibonacci303.67316.83324.96338.12351.28359.41372.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard264.02284.03301.07321.08338.12358.13375.17
Camarilla307.91311.31314.70318.10321.50324.89328.29
Woodie262.53283.29299.58320.34336.63357.39373.68
Fibonacci284.03298.19306.93321.08335.24343.98358.13

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.48
MACD (12,26,9): 2.6400
Directional Movement: 5.98
AROON (14): -71.43
DEMA (21): 350.67
Parabolic SAR (0,02-0,02-0,2): 350.90
Elder Ray (13): -1.31
Super Trend (3,10): 342.81
Zig ZAG (10): 345.35
VORTEX (21): 1.0500
Stochastique (14,3,5): 24.25
TEMA (21): 349.02
Williams %R (14): -93.04
Chande Momentum Oscillator (20): -4.40
Repulse (5,40,3): -0.9600
ROCnROLL: -1
TRIX (15,9): 0.1700
Courbe Coppock: 0.03
MA7: 336.60
MA20: 323.81
MA50: 329.46
MA100: 339.75
MAexp7: 347.59
MAexp20: 346.37
MAexp50: 339.08
MAexp100: 331.75
Price / MA7: +2.70%
Price / MA20: +6.76%
Price / MA50: +4.93%
Price / MA100: +1.75%
Price / MAexp7: -0.54%
Price / MAexp20: -0.19%
Price / MAexp50: +1.95%
Price / MAexp100: +4.20%

Quotes : - 15 min delayed data - Euronext Paris

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

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