TF1 - 1H - Technical analysis published on 12/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 7.006 EUR
My targets
6.881 EUR (-1.06%)
6.820 EUR (-1.94%)
My analysis
The bearish trend is currently very strong for TF1. As long as the price remains below the resistance at 7.006 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 6.881 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.820 EUR as an objective. Crossing it would then enable sellers to target 6.730 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TF1 price is 6.955 EUR. The price registered a decrease of -0.07% on the session with the lowest point at 6.945 EUR and the highest point at 7.030 EUR. The deviation from the price is +0.14% for the low point and -1.07% for the high point.6.945
7.030
6.955
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TF1:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TF1 in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.820 | 6.881 | 6.926 | 6.955 | 7.006 | 7.195 | 7.265 |
| Change (%) | -1.94% | -1.06% | -0.42% | - | +0.73% | +3.45% | +4.46% |
| Change | -0.135 | -0.074 | -0.029 | - | +0.051 | +0.240 | +0.310 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.680 | 6.800 | 6.880 | 7.000 | 7.080 | 7.200 | 7.280 |
| Camarilla | 6.905 | 6.923 | 6.942 | 6.960 | 6.978 | 6.997 | 7.015 |
| Woodie | 6.660 | 6.790 | 6.860 | 6.990 | 7.060 | 7.190 | 7.260 |
| Fibonacci | 6.800 | 6.876 | 6.924 | 7.000 | 7.076 | 7.124 | 7.200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.550 | 6.715 | 6.935 | 7.100 | 7.320 | 7.485 | 7.705 |
| Camarilla | 7.049 | 7.084 | 7.120 | 7.155 | 7.190 | 7.226 | 7.261 |
| Woodie | 6.578 | 6.729 | 6.963 | 7.114 | 7.348 | 7.499 | 7.733 |
| Fibonacci | 6.715 | 6.862 | 6.953 | 7.100 | 7.247 | 7.338 | 7.485 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.132 | 6.328 | 6.702 | 6.898 | 7.272 | 7.468 | 7.842 |
| Camarilla | 6.918 | 6.971 | 7.023 | 7.075 | 7.127 | 7.180 | 7.232 |
| Woodie | 6.220 | 6.373 | 6.790 | 6.943 | 7.360 | 7.513 | 7.930 |
| Fibonacci | 6.328 | 6.546 | 6.681 | 6.898 | 7.116 | 7.251 | 7.468 |
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): | 37.76 | |
| MACD (12,26,9): | -0.0370 | |
| Directional Movement: | -8.808 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 6.968 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.005 | |
| Elder Ray (13): | -0.034 | |
| Super Trend (3,10): | 7.088 | |
| Zig ZAG (10): | 6.955 | |
| VORTEX (21): | 0.6840 | |
| Stochastique (14,3,5): | 19.04 | |
| TEMA (21): | 6.945 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.085 | |
| Repulse (5,40,3): | -0.4860 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0570 | |
| Courbe Coppock: | 4.52 |
| MA7: | 7.039 | |
| MA20: | 7.036 | |
| MA50: | 6.899 | |
| MA100: | 7.119 | |
| MAexp7: | 6.969 | |
| MAexp20: | 7.012 | |
| MAexp50: | 7.054 | |
| MAexp100: | 7.063 | |
| Price / MA7: | -1.19% | |
| Price / MA20: | -1.15% | |
| Price / MA50: | +0.81% | |
| Price / MA100: | -2.30% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.81% | |
| Price / MAexp50: | -1.40% | |
| Price / MAexp100: | -1.53% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on TF1. At the time of publication of this analysis, the latest news was as follows:
- GLOBALGATE EXPANDS ITS REACH WITH ADDITION OF LEADING FRENCH MEDIA COMPANY TF1 STUDIO TO ITS WORLDWIDE CONSORTIUM OF PRODUCTION & DISTRIBUTION PARTNERS
- TF1 Chooses Harmonic for Live UHD Delivery of Major Sports Events
-
Former French President Nicolas Sarkozy went on prime time television TF1
- Huawei Media Cloud Enables Omni-media Opportunities for TF1
- Huawei Media Cloud Enables Omni-media Opportunities for TF1
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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