VALEO
VALEO
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FR
ISIN: FR0013176526

VALEO - Daily - Technical analysis published on 10/22/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 31.07 EUR
My targets
33.11 EUR (+1.75%)
34.98 EUR (+7.50%)
My analysis
VALEO 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 31.07 EUR. The next resistance located at 33.11 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 34.98 EUR. After this resistance, buyers could then target 38.44 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.6

Complete this analysis for another time unit:
15 min. 1H Weekly
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

VALEO rating 32.54 EUR. The price registered a decrease of -0.09% on the session and was between 32.32 EUR and 32.89 EUR. This implies that the price is at +0.68% from its lowest and at -1.06% from its highest.

32.32
32.89
32.54

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VALEO:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this Daily chart of VALEO indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. 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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.48 28.59 31.07 32.54 33.11 34.98 38.44
Change (%) -21.70% -12.14% -4.52% - +1.75% +7.50% +18.13%
Change -7.06 -3.95 -1.47 - +0.57 +2.44 +5.90
Level Minor Intermediate Major - Intermediate Minor Minor



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
Standard30.3730.9431.7532.3233.1333.7034.51
Camarilla32.1932.3232.4432.5732.7032.8232.95
Woodie30.5031.0031.8832.3833.2633.7634.64
Fibonacci30.9431.4631.7932.3232.8433.1733.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.9029.0530.2231.3732.5433.6934.86
Camarilla30.7630.9831.1931.4031.6131.8332.04
Woodie27.9229.0630.2431.3832.5633.7034.88
Fibonacci29.0529.9330.4831.3732.2532.8033.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.2421.3025.5228.5832.8035.8640.08
Camarilla27.7528.4229.0829.7530.4231.0931.75
Woodie18.8321.5926.1128.8733.3936.1540.67
Fibonacci21.3024.0825.8028.5831.3633.0835.86

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): 66.29
MACD (12,26,9): 1.0200
Directional Movement: 13.75
AROON (14): 78.57
DEMA (21): 31.98
Parabolic SAR (0,02-0,02-0,2): 29.72
Elder Ray (13): 1.39
Super Trend (3,10): 29.29
Zig ZAG (10): 32.48
VORTEX (21): 1.1500
Stochastique (14,3,5): 87.02
TEMA (21): 32.32
Williams %R (14): -7.64
Chande Momentum Oscillator (20): 3.40
Repulse (5,40,3): 4.3700
ROCnROLL: 1
TRIX (15,9): 0.4200
Courbe Coppock: 18.55
MA7: 31.98
MA20: 30.33
MA50: 28.32
MA100: 27.38
MAexp7: 31.84
MAexp20: 30.69
MAexp50: 29.18
MAexp100: 28.08
Price / MA7: +1.75%
Price / MA20: +7.29%
Price / MA50: +14.90%
Price / MA100: +18.85%
Price / MAexp7: +2.20%
Price / MAexp20: +6.03%
Price / MAexp50: +11.51%
Price / MAexp100: +15.88%

News


The latest news and videos published on VALEO 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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