TRIGANO

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TRI
ISIN:	FR0005691656

TRIGANO - 1H - Technical analysis published on 04/02/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 158.6 EUR

My targets

166.0 EUR (+4.08%)

178.5 EUR (+11.91%)

My analysis

The bullish trend is currently very strong on TRIGANO. As long as the price remains above the support at 158.6 EUR, you could try to benefit from the boom. The first bullish objective is located at 166.0 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 178.5 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TRIGANO price is 159.5 EUR. The price registered a decrease of -2.15% on the session and was traded between 159.4 EUR and 163.0 EUR over the period. The price is currently at +0.06% from its lowest and -2.15% from its highest.

159.4

163.0

159.5

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

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

Abnormal volumes on TRIGANO were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of TRIGANO in 1H 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.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	147.3	153.8	158.6	159.5	166.0	178.5
Change (%)	-7.65%	-3.57%	-0.56%	-	+4.08%	+11.91%
Change	-12.2	-5.7	-0.9	-	+6.5	+19.0
Level	Major	Major	Minor	-	Minor	Major

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
Standard	146.4	150.1	156.5	160.2	166.6	170.3	176.7
Camarilla	160.2	161.2	162.1	163.0	163.9	164.9	165.8
Woodie	147.9	150.8	158.0	160.9	168.1	171.0	178.2
Fibonacci	150.1	153.9	156.3	160.2	164.0	166.4	170.3

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	128.9	136.1	149.5	156.7	170.1	177.3	190.7
Camarilla	157.3	159.2	161.1	163.0	164.9	166.8	168.7
Woodie	132.1	137.7	152.7	158.3	173.3	178.9	193.9
Fibonacci	136.1	143.9	148.8	156.7	164.5	169.4	177.3

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	127.4	134.9	148.9	156.4	170.4	177.9	191.9
Camarilla	157.1	159.1	161.0	163.0	165.0	166.9	168.9
Woodie	130.8	136.5	152.3	158.0	173.8	179.5	195.3
Fibonacci	134.9	143.1	148.2	156.4	164.6	169.7	177.9

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):	67.30
MACD (12,26,9):	4.1000
Directional Movement:	14.5
AROON (14):	71.4
DEMA (21):	161.2
Parabolic SAR (0,02-0,02-0,2):	163.5
Elder Ray (13):	1.5
Super Trend (3,10):	156.4
Zig ZAG (10):	159.6
VORTEX (21):	1.2000
Stochastique (14,3,5):	80.70
TEMA (21):	163.6
Williams %R (14):	-23.30
Chande Momentum Oscillator (20):	11.4
Repulse (5,40,3):	-0.1000
ROCnROLL:	1
TRIX (15,9):	0.4000
Courbe Coppock:	19.60

MA7:	150.6
MA20:	147.5
MA50:	147.0
MA100:	143.0
MAexp7:	160.3
MAexp20:	156.1
MAexp50:	151.2
MAexp100:	148.8
Price / MA7:	+5.91%
Price / MA20:	+8.14%
Price / MA50:	+8.50%
Price / MA100:	+11.54%
Price / MAexp7:	-0.50%
Price / MAexp20:	+2.18%
Price / MAexp50:	+5.49%
Price / MAexp100:	+7.19%

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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