Londinia Opportunities Analyses - 05/20/2024 (GMT) TELEPERFORMANCE - 1H

TELEPERFORMANCE
- EUR (-)
- 15 min delayed data - Euronext Paris
Type: Stocks
Ticker: TEP
ISIN: FR0000051807

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 107.97 EUR
My targets
112.00 EUR (+2.56%)
116.47 EUR (+6.66%)
My analysis
The basic bullish trend is very strong on TELEPERFORMANCE but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 107.97 EUR. Crossing the first resistance at 112.00 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 116.47 EUR as an objective. Crossing it would then enable buyers to target 128.13 EUR. Caution, a return to below 107.97 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3

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Additional analysis

Quotes

The TELEPERFORMANCE price is 109.20 EUR. The price has increased by +2.44% since the last closing and was between 106.00 EUR and 109.20 EUR. This implies that the price is at +3.02% from its lowest and at 0% from its highest.

106.00
109.20
109.20

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



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of TELEPERFORMANCE indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. 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, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 99.10 104.16 107.97 109.20 112.00 116.47 128.13
Change (%) -9.25% -4.62% -1.13% - +2.56% +6.66% +17.34%
Change -10.10 -5.04 -1.23 - +2.80 +7.27 +18.93
Level Major Intermediate Minor - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard101.15103.40105.00107.25108.85111.10112.70
Camarilla105.54105.89106.25106.60106.95107.31107.66
Woodie100.83103.24104.68107.09108.53110.94112.38
Fibonacci103.40104.87105.78107.25108.72109.63111.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.7396.87101.73106.87111.73116.87121.73
Camarilla103.85104.77105.68106.60107.52108.43109.35
Woodie91.6096.80101.60106.80111.60116.80121.60
Fibonacci96.87100.69103.05106.87110.69113.05116.87


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.6776.4780.9788.7793.27101.07105.57
Camarilla82.1083.2384.3585.4886.6187.7488.86
Woodie67.0375.6579.3387.9591.63100.25103.93
Fibonacci76.4781.1784.0788.7793.4796.37101.07

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): 57.05
MACD (12,26,9): 0.2100
Directional Movement: 8.13
AROON (14): -21.43
DEMA (21): 108.16
Parabolic SAR (0,02-0,02-0,2): 106.02
Elder Ray (13): 0.87
Super Trend (3,10): 109.42
Zig ZAG (10): 108.85
VORTEX (21): 0.9300
Stochastique (14,3,5): 80.52
TEMA (21): 107.78
Williams %R (14): -1.47
Chande Momentum Oscillator (20): 2.60
Repulse (5,40,3): 1.2100
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.90
MA7: 107.15
MA20: 98.07
MA50: 92.33
MA100: 113.31
MAexp7: 108.22
MAexp20: 107.84
MAexp50: 106.61
MAexp100: 103.60
Price / MA7: +1.91%
Price / MA20: +11.35%
Price / MA50: +18.27%
Price / MA100: -3.63%
Price / MAexp7: +0.91%
Price / MAexp20: +1.26%
Price / MAexp50: +2.43%
Price / MAexp100: +5.41%

Quotes : - 15 min delayed data - Euronext Paris