TF1
TF1
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TFI
ISIN: FR0000054900

TF1 - Daily - Technical analysis published on 04/17/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8.531 EUR
My targets
9.210 EUR (+2.11%)
10.454 EUR (+15.90%)
My analysis
TF1 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8.531 EUR. The next resistance located at 9.210 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 10.454 EUR. After this resistance, buyers could then target 11.688 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TF1 price is 9.020 EUR. On the day, this instrument gained +3.09% and was between 8.715 EUR and 9.170 EUR. This implies that the price is at +3.50% from its lowest and at -1.64% from its highest.

8.715
9.170
9.020

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 the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TF1 in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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 bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 7.654 8.531 8.915 9.020 10.454 11.688
Change (%) -15.14% -5.42% -1.16% - +15.90% +29.58%
Change -1.366 -0.489 -0.105 - +1.434 +2.668
Level Major Major Major - Intermediate Intermediate



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
Standard8.5658.6108.6808.7258.7958.8408.910
Camarilla8.7188.7298.7408.7508.7618.7718.782
Woodie8.5788.6168.6938.7318.8088.8468.923
Fibonacci8.6108.6548.6818.7258.7698.7968.840


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.2658.4508.5808.7658.8959.0809.210
Camarilla8.6238.6528.6818.7108.7398.7688.797
Woodie8.2388.4368.5538.7518.8689.0669.183
Fibonacci8.4508.5708.6458.7658.8858.9609.080


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.9928.1438.3078.4588.6228.7738.937
Camarilla8.3838.4128.4418.4708.4998.5288.557
Woodie7.9988.1468.3138.4618.6288.7768.943
Fibonacci8.1438.2648.3388.4588.5798.6538.773

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): 66.50
MACD (12,26,9): 0.1230
Directional Movement: 21.696
AROON (14): 85.714
DEMA (21): 8.845
Parabolic SAR (0,02-0,02-0,2): 8.604
Elder Ray (13): 0.195
Super Trend (3,10): 8.405
Zig ZAG (10): 9.025
VORTEX (21): 1.0990
Stochastique (14,3,5): 71.30
TEMA (21): 8.855
Williams %R (14): -18.83
Chande Momentum Oscillator (20): 0.555
Repulse (5,40,3): 3.1700
ROCnROLL: 1
TRIX (15,9): 0.1790
Courbe Coppock: 8.19
MA7: 8.771
MA20: 8.647
MA50: 8.462
MA100: 7.914
MAexp7: 8.813
MAexp20: 8.685
MAexp50: 8.429
MAexp100: 8.065
Price / MA7: +2.84%
Price / MA20: +4.31%
Price / MA50: +6.59%
Price / MA100: +13.98%
Price / MAexp7: +2.35%
Price / MAexp20: +3.86%
Price / MAexp50: +7.01%
Price / MAexp100: +11.84%

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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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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