THALES - Daily - Technical analysis published on 05/25/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
61%
22%
My opinion
Bearish under 140.31 EUR
My targets
124.54 EUR (-6.82%)
121.27 EUR (-9.26%)
My analysis
The strong short-term decline in THALES calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 140.31 EUR, one could consider taking advantage of the short-term movement. The first bearish objective is located at 124.54 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 121.27 EUR as an objective. Crossing it would then enable sellers to target 111.42 EUR. Be careful, a return to above 140.31 EUR could jeopardize the reversal.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
1.8
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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 THALES rating is 133.65 EUR. The price registered a decrease of -0.04% on the session with the lowest point at 133.30 EUR and the highest point at 134.10 EUR. The deviation from the price is +0.26% for the low point and -0.34% for the high point.133.30
134.10
133.65
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this THALES chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 111.42 | 121.27 | 124.54 | 133.65 | 133.96 | 140.31 |
| Change (%) | -16.63% | -9.26% | -6.82% | - | +0.23% | +4.98% |
| Change | -22.23 | -12.38 | -9.11 | - | +0.31 | +6.66 |
| Level | Major | Intermediate | Major | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 129.37 | 130.33 | 132.02 | 132.98 | 134.67 | 135.63 | 137.32 |
| Camarilla | 132.97 | 133.21 | 133.46 | 133.70 | 133.94 | 134.19 | 134.43 |
| Woodie | 129.73 | 130.51 | 132.38 | 133.16 | 135.03 | 135.81 | 137.68 |
| Fibonacci | 130.33 | 131.35 | 131.97 | 132.98 | 134.00 | 134.62 | 135.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.40 | 133.66 | 135.29 | 137.55 | 139.18 | 141.44 | 143.07 |
| Camarilla | 135.84 | 136.20 | 136.55 | 136.91 | 137.27 | 137.62 | 137.98 |
| Woodie | 131.08 | 133.50 | 134.97 | 137.39 | 138.86 | 141.28 | 142.75 |
| Fibonacci | 133.66 | 135.15 | 136.07 | 137.55 | 139.04 | 139.96 | 141.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.71 | 128.46 | 132.32 | 137.07 | 140.93 | 145.68 | 149.54 |
| Camarilla | 133.80 | 134.59 | 135.38 | 136.17 | 136.96 | 137.75 | 138.54 |
| Woodie | 123.26 | 128.24 | 131.87 | 136.85 | 140.48 | 145.46 | 149.09 |
| Fibonacci | 128.46 | 131.75 | 133.78 | 137.07 | 140.36 | 142.39 | 145.68 |
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): | 41.57 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -18.37 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 135.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 139.64 | |
| Elder Ray (13): | -1.99 | |
| Super Trend (3,10): | 139.81 | |
| Zig ZAG (10): | 133.45 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 39.50 | |
| TEMA (21): | 134.81 | |
| Williams %R (14): | -73.58 | |
| Chande Momentum Oscillator (20): | -2.43 | |
| Repulse (5,40,3): | -1.2200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.01 |
| MA7: | 136.01 | |
| MA20: | 135.85 | |
| MA50: | 135.30 | |
| MA100: | 128.39 | |
| MAexp7: | 135.21 | |
| MAexp20: | 135.87 | |
| MAexp50: | 134.28 | |
| MAexp100: | 130.32 | |
| Price / MA7: | -1.74% | |
| Price / MA20: | -1.62% | |
| Price / MA50: | -1.22% | |
| Price / MA100: | +4.10% | |
| Price / MAexp7: | -1.15% | |
| Price / MAexp20: | -1.63% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | +2.56% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on THALES. At the time of publication of this analysis, the latest news was as follows:
- Thales strengthens its leadership in Automotive Cybersecurity with a new certification
- Thales Unveils CipherTrust Ransomware Protection to Safeguard Critical Data
- Thales Seizes Control of ESA Demonstration Satellite in First Cybersecurity Exercise of Its Kind
- Thales Unveils New Secrets Management Solution to Help Reduce Risks and Improve DevOps and Cloud Security
- 2023 Thales Data Threat Report Reveals Increase in Ransomware Attacks and Human Error as Main Cause of Cloud Data Breaches
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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