SANOFI
SANOFI
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SAN
ISIN: FR0000120578

SANOFI - Weekly - Technical analysis published on 05/17/2020 (GMT)

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  • Timeframe : Weekly
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 78.77 EUR
My targets
92.97 EUR (+6.59%)
100.65 EUR (+15.40%)
My analysis
The basic bullish trend is very strong on SANOFI but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 78.77 EUR. Crossing the first resistance at 92.97 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 100.65 EUR as an objective. Caution, a return to below 78.77 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 not called into question, despite technical indicators being indecisive.
FORCE
0
10
6.6

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15 min. 1H Daily
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.

Additional analysis

Quotes

SANOFI rating 87.22 EUR. Over 5 days, this instrument lost -2.62% and has been traded over the last 5 days between 86.57 EUR and 91.14 EUR. This implies that the 5 day price is +0.75% from its lowest point and -4.30% from its highest point.

86.57
91.14
87.22

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

Central Gaps

Bullish opening

Type : Bullish

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:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SANOFI in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 11 are bullish, 3 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly



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
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 72.31 78.77 86.53 87.22 92.97 100.65
Change (%) -17.09% -9.69% -0.79% - +6.59% +15.40%
Change -14.91 -8.45 -0.69 - +5.75 +13.43
Level Major Major Major - Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard84.4785.8387.0188.3789.5590.9192.09
Camarilla87.4887.7187.9588.1888.4188.6588.88
Woodie84.3785.7986.9188.3389.4590.8791.99
Fibonacci85.8386.8087.4088.3789.3489.9490.91


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.5183.6086.5989.6892.6795.7698.75
Camarilla87.9088.4689.0189.5790.1390.6991.24
Woodie80.4583.5886.5389.6692.6195.7498.69
Fibonacci83.6085.9387.3689.6892.0193.4495.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.1565.7975.9183.5693.68101.33111.45
Camarilla81.1582.7884.4186.0487.6789.3090.93
Woodie59.3966.4177.1684.1894.93101.95112.69
Fibonacci65.7972.5876.7783.5690.3594.54101.33

Numerical data


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

Technical indicators
Moving averages

RSI (14): 56.31
MACD (12,26,9): 1.3000
Directional Movement: 4.57
AROON (14): 50.00
DEMA (21): 84.80
Parabolic SAR (0,02-0,02-0,2): 68.32
Elder Ray (13): 5.19
Super Trend (3,10): 89.70
Zig ZAG (10): 87.22
VORTEX (21): 0.9900
Stochastique (14,3,5): 82.24
TEMA (21): 84.57
Williams %R (14): -20.20
Chande Momentum Oscillator (20): -2.81
Repulse (5,40,3): -2.0400
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 6.78
MA7: 89.31
MA20: 88.08
MA50: 81.38
MA100: 84.40
MAexp7: 85.14
MAexp20: 83.18
MAexp50: 80.28
MAexp100: 76.48
Price / MA7: -2.34%
Price / MA20: -0.98%
Price / MA50: +7.18%
Price / MA100: +3.34%
Price / MAexp7: +2.44%
Price / MAexp20: +4.86%
Price / MAexp50: +8.64%
Price / MAexp100: +14.04%

News


The latest news and videos published on SANOFI 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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