VINCI - 1H - Technical analysis published on 06/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 88.56 EUR
My targets
94.39 EUR (+5.48%)
96.72 EUR (+8.09%)
My analysis
The bullish trend is currently very strong on VINCI. As long as the price remains above the support at 88.56 EUR, you could try to benefit from the boom. The first bullish objective is located at 94.39 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 96.72 EUR as an objective. Crossing it would then enable buyers to target 102.40 EUR. 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
7
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This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VINCI price is 89.48 EUR. The price registered an increase of +1.18% on the session and was between 89.30 EUR and 91.52 EUR. This implies that the price is at +0.20% from its lowest and at -2.23% from its highest.89.30
91.52
89.48
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this VINCI chart shows a strongly 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 does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 82.77 | 84.36 | 88.56 | 89.48 | 96.72 | 102.40 | 106.75 |
| Change (%) | -7.50% | -5.72% | -1.03% | - | +8.09% | +14.44% | +19.30% |
| Change | -6.71 | -5.12 | -0.92 | - | +7.24 | +12.92 | +17.27 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | 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 | 85.10 | 86.28 | 87.36 | 88.54 | 89.62 | 90.80 | 91.88 |
| Camarilla | 87.82 | 88.03 | 88.23 | 88.44 | 88.65 | 88.85 | 89.06 |
| Woodie | 85.05 | 86.26 | 87.31 | 88.52 | 89.57 | 90.78 | 91.83 |
| Fibonacci | 86.28 | 87.14 | 87.68 | 88.54 | 89.40 | 89.94 | 90.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.63 | 74.05 | 78.55 | 81.97 | 86.47 | 89.89 | 94.39 |
| Camarilla | 80.86 | 81.59 | 82.31 | 83.04 | 83.77 | 84.49 | 85.22 |
| Woodie | 71.16 | 74.32 | 79.08 | 82.24 | 87.00 | 90.16 | 94.92 |
| Fibonacci | 74.05 | 77.08 | 78.95 | 81.97 | 85.00 | 86.87 | 89.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.83 | 63.01 | 73.03 | 79.21 | 89.23 | 95.41 | 105.43 |
| Camarilla | 78.59 | 80.07 | 81.56 | 83.04 | 84.53 | 86.01 | 87.50 |
| Woodie | 58.74 | 63.97 | 74.94 | 80.17 | 91.14 | 96.37 | 107.34 |
| Fibonacci | 63.01 | 69.20 | 73.03 | 79.21 | 85.40 | 89.23 | 95.41 |
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): | 56.62 | |
| MACD (12,26,9): | 1.1000 | |
| Directional Movement: | 11.33 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 90.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.93 | |
| Elder Ray (13): | 0.77 | |
| Super Trend (3,10): | 87.77 | |
| Zig ZAG (10): | 89.42 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 78.14 | |
| TEMA (21): | 90.48 | |
| Williams %R (14): | -47.78 | |
| Chande Momentum Oscillator (20): | 0.64 | |
| Repulse (5,40,3): | -1.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 2.53 |
| MA7: | 86.41 | |
| MA20: | 80.69 | |
| MA50: | 75.83 | |
| MA100: | 84.31 | |
| MAexp7: | 89.87 | |
| MAexp20: | 88.86 | |
| MAexp50: | 86.79 | |
| MAexp100: | 84.18 | |
| Price / MA7: | +3.55% | |
| Price / MA20: | +10.89% | |
| Price / MA50: | +18.00% | |
| Price / MA100: | +6.13% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | +0.70% | |
| Price / MAexp50: | +3.10% | |
| Price / MAexp100: | +6.30% |
Quotes :
2020-06-05 10:53:00
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on VINCI at the time of the analysis were as follows:
- VINCI wins two contracts to upgrade motorways in Queensland, Australia
- Combined Ordinary and Extraordinary General Meeting on 18 June 2020 - Information concerning the availability of preparatory documents
- VINCI wins the railway equipment and works contract for Grand Paris Express West sector of Line 15 South
- VINCI Construction and Spie batignolles win construction contract for works package 1 of Grand Paris Express Line 18
- COFIROUTE successfully issued a €950 million bond at 11 years
This member declared not having a position on this financial instrument or a related financial instrument.
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