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(Sanofi) Sanofi complete technical analysis [charts+indicators] | Buy/Sell Sanofi | (Sanofi) share price targets

Complete technical analysis of Sanofi (Sanofi) by charts plus indicators, forecast predictions and share price targets for Sanofi (Sanofi)

10 day averaged volume of Sanofi is 1079

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 8616.80 8575.25 8693.45 8502.15 2.554 times
02 Thu May 2024 8679.45 8489.85 8692.30 8388.50 1.281 times
30 Tue Apr 2024 8324.10 8340.00 8419.75 8300.40 0.894 times
29 Mon Apr 2024 8282.05 8378.00 8469.70 8262.75 0.994 times
26 Fri Apr 2024 8278.10 8279.95 8295.95 8183.90 0.394 times

Stock of Sanofi (Sanofi) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8603.7, but if it comes below 8603.7, then a intra day sell could be more profitable.
If you take a sell trade below 8603.7, then use 8603.7 as stoploss and 8421.59 as target. However if you take a buy trade in stock , then use 8603.7 as stoploss and 8822.2 as target.

Share price targets for Sanofi (Sanofi)

Target Type Value
Downside Target 7517.10
Downside Target 8012.25
Downside Target 8590.90
Upside Target 8693.45
Upside Target 8695.90
Upside Target 8704.40
Upside Target 8789.95
Upside Target 8932.40
Upside Target 9370.35

Intraday share price targets for Sanofi (Sanofi)

Target Type Value
Downside Intraday Target 8355.22
Downside Intraday Target 8093.63
Upside Intraday Target 8785.92
Upside Intraday Target 8955.03
Downside Intraday Target 8524.33

Weekly technical analysis of Sanofi (Sanofi)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 8616.80 8378.00 8693.45 8262.75 1.586 times
26 Fri Apr 2024 8278.10 8300.00 8381.30 8115.00 0.968 times
19 Fri Apr 2024 8257.45 8410.05 8608.65 8240.00 1.031 times
12 Fri Apr 2024 8490.90 8695.90 8695.90 8388.50 0.819 times
05 Fri Apr 2024 8563.95 8100.25 8932.40 8095.00 0.681 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sanofi (Sanofi)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 8616.80 8489.85 8693.45 8388.50 0.222 times
30 Tue Apr 2024 8324.10 8100.25 8932.40 8095.00 0.547 times
28 Thu Mar 2024 8118.25 8690.00 8789.95 7517.10 0.772 times
29 Thu Feb 2024 8614.80 8691.85 9370.35 8590.90 2.257 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sanofi (Sanofi)

Indicator Name Indicator Value Indicator Signal
ADX 33, 13, 45 Buy
MACD 43, -10Buy
Stochastics 76Buy
CCI 161Buy
RSI 51Buy
OBV 4446Sell
VWAP 8385Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Sanofi ( (Sanofi) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sanofi ( (Sanofi) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sanofi ( (Sanofi) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sanofi ( (Sanofi) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sanofi stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sanofi in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sanofi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sanofi in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sanofi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8384.87 and Sanofi (Sanofi) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sanofi (Sanofi) stock. Volume based technical analysis of Sanofi (Sanofi) stock is negative.

Sanofi Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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