Londinia Opportunities Analyses - 09/15/2021 (GMT) SUEZ - 1H

SUEZ
Type: Stocks
Ticker: SEV
ISIN: FR0010613471

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 19.625 EUR
My targets
19.680 EUR (+0.15%)
20.117 EUR (+2.38%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUEZ as long as the price remains well above 19.625 EUR. The buyers' bullish objective is set at 19.680 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.117 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.4

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

SUEZ rating 19.650 EUR. The price has increased by +0.00% since the last closing and was traded between 19.620 EUR and 19.660 EUR over the period. The price is currently at +0.15% from its lowest and -0.05% from its highest.

19.620
19.660
19.650

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SUEZ in 1H shows a strongly overall bullish trend. 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. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19.614 19.625 19.645 19.650 19.660 19.680 20.117
Change (%) -0.18% -0.13% -0.03% - +0.05% +0.15% +2.38%
Change -0.036 -0.025 -0.005 - +0.010 +0.030 +0.467
Level Major Minor Minor - Minor Intermediate 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
Standard19.60819.61719.63319.64219.65819.66719.683
Camarilla19.64319.64519.64819.65019.65219.65519.657
Woodie19.61319.61919.63819.64419.66319.66919.688
Fibonacci19.61719.62619.63219.64219.65119.65719.667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.48319.53719.57819.63219.67319.72719.768
Camarilla19.59419.60319.61119.62019.62919.63719.646
Woodie19.47819.53419.57319.62919.66819.72419.763
Fibonacci19.53719.57319.59519.63219.66819.69019.727


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.44719.52319.58719.66319.72719.80319.867
Camarilla19.61219.62419.63719.65019.66319.67619.689
Woodie19.44019.52019.58019.66019.72019.80019.860
Fibonacci19.52319.57719.61019.66319.71719.75019.803

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): 61.94
MACD (12,26,9): 0.0030
Directional Movement: 11.034
AROON (14): 57.143
DEMA (21): 19.640
Parabolic SAR (0,02-0,02-0,2): 19.611
Elder Ray (13): -0.005
Super Trend (3,10): 19.612
Zig ZAG (10): 19.660
VORTEX (21): 1.0000
Stochastique (14,3,5): 66.67
TEMA (21): 19.641
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.005
Repulse (5,40,3): 0.0570
ROCnROLL: 1
TRIX (15,9): 0.0020
Courbe Coppock: 0.05
MA7: 19.637
MA20: 19.637
MA50: 19.630
MA100: 19.804
MAexp7: 19.640
MAexp20: 19.636
MAexp50: 19.633
MAexp100: 19.632
Price / MA7: +0.07%
Price / MA20: +0.07%
Price / MA50: +0.10%
Price / MA100: -0.78%
Price / MAexp7: +0.05%
Price / MAexp20: +0.07%
Price / MAexp50: +0.09%
Price / MAexp100: +0.09%

Quotes : - 15 min delayed data - Euronext Paris