PERNOD RICARD

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RI
ISIN:	FR0000120693

PERNOD RICARD - 1H - Technical analysis published on 05/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

78%

My opinion

Bearish under 147.04 EUR

My targets

143.90 EUR (-1.07%)

141.95 EUR (-2.41%)

My analysis

In the short term, we can see an acceleration in the bearish trend on PERNOD RICARD, which is a positive signal for sellers. As long as the price remains above 147.04 EUR, a sale could be considered. The first bearish objective is located at 143.90 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 141.95 EUR as an objective. Crossing it would then enable sellers to target 140.69 EUR. If the price were to return above 147.04 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

5.5

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

PERNOD RICARD rating 145.45 EUR. On the day, this instrument lost -1.56% with the lowest point at 145.40 EUR and the highest point at 146.65 EUR. The deviation from the price is +0.03% for the low point and -0.82% for the high point.

145.40

146.65

145.45

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in 1H of this PERNOD RICARD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	140.69	141.95	143.90	145.45	147.04	148.35	150.16
Change (%)	-3.27%	-2.41%	-1.07%	-	+1.09%	+1.99%	+3.24%
Change	-4.76	-3.50	-1.55	-	+1.59	+2.90	+4.71
Level	Major	Minor	Minor	-	Major	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	145.07	146.28	147.02	148.23	148.97	150.18	150.92
Camarilla	147.21	147.39	147.57	147.75	147.93	148.11	148.29
Woodie	144.83	146.16	146.78	148.11	148.73	150.06	150.68
Fibonacci	146.28	147.03	147.49	148.23	148.98	149.44	150.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	143.37	145.18	146.97	148.78	150.57	152.38	154.17
Camarilla	147.76	148.09	148.42	148.75	149.08	149.41	149.74
Woodie	143.35	145.18	146.95	148.78	150.55	152.38	154.15
Fibonacci	145.18	146.56	147.41	148.78	150.16	151.01	152.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	124.63	131.67	136.83	143.87	149.03	156.07	161.23
Camarilla	138.65	139.76	140.88	142.00	143.12	144.24	145.36
Woodie	123.70	131.20	135.90	143.40	148.10	155.60	160.30
Fibonacci	131.67	136.33	139.21	143.87	148.53	151.41	156.07

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):	25.95
MACD (12,26,9):	-0.6600
Directional Movement:	-24.56
AROON (14):	-71.43
DEMA (21):	147.12
Parabolic SAR (0,02-0,02-0,2):	148.99
Elder Ray (13):	-1.76
Super Trend (3,10):	147.64
Zig ZAG (10):	145.80
VORTEX (21):	0.7600
Stochastique (14,3,5):	5.04
TEMA (21):	146.53
Williams %R (14):	-94.87
Chande Momentum Oscillator (20):	-3.00
Repulse (5,40,3):	-0.5400
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	1.80

MA7:	148.36
MA20:	145.62
MA50:	146.10
MA100:	149.41
MAexp7:	146.78
MAexp20:	147.79
MAexp50:	148.17
MAexp100:	147.47
Price / MA7:	-1.96%
Price / MA20:	-0.12%
Price / MA50:	-0.44%
Price / MA100:	-2.65%
Price / MAexp7:	-0.91%
Price / MAexp20:	-1.58%
Price / MAexp50:	-1.84%
Price / MAexp100:	-1.37%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on PERNOD RICARD. At the time of publication of this analysis, the latest news was as follows:

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

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