Euro Stoxx 50 constituents
TotalEnergies SE (formerly Total SA)
Updated on 7th June 2022.
Outlook is moderately bearish.
Click here for the chart of Total.
Trading at €54.40 which is above the 150 day simple moving average at €47.40, and the latter turned upwards in late 2020. However, there is a resistance level ahead at €57, and 'stale bulls' who bought in a prices above €50 in 2018, 2014 and 2006/07 are likely to be tempted to sell, now that they have recouped their losses. This will limit the upside, thereby pointing to a moderately bearish outlook. A rally above the previous all time high of €60 would be required to change the outlook to bullish.
SAP
Updated on 7th June 2022.
Outlook is moderately bearish.
Click here for the chart of SAP.
Trading at €93.55 which is below the 150 day simple moving average at €107.41, and the latter has recently turned downwards. The 150 day simple moving average has been an unreliable indicator for this stock, but the resistance level at €125 is a cause for concern. The long term upward trend is in danger of breaking down, should the support level at €90 give way, thereby indicating a moderately bearish outlook.
LVMH Moet Hennessy Louis Vuitton
Updated on 7th June 2022.
Outlook is moderately bullish.
Click here for the chart of LVMH.
Trading at €606.10 which is below the 150 day simple moving average at €658.42, and the latter has recently turned downwards. That would normally indicate a downward trend. However, the 150 day has not always been a reliable indicator for this stock, and the long term upward trend remains intact. Therefore, the outlook is moderately bullish. A fall below €550, thereby breaching the upward trend line, would be required to provide evidence of a breakdown of the current upward trend.
Linde
Updated on 7th June 2022.
Outlook is bullish.
Click here for the chart of Linde.
Trading at €308.45 which is above the upward trending 150 day simple moving average at €286.34. The underlying upward trend line also remains intact, thereby confirming a bullish outlook. A fall below €250 would be required to provide evidence of a breakdown of the current upward trend.
ASML Holdings
Updated on 7th June 2022.
Outlook is bearish.
Click here for the chart of ASML.
Trading at €524.70 which is below the downward trending 150 day simple moving average at €606.48, indicating a bearish outlook. A rally above 4620 would be required to provide evidence of a breakout from the current downward trend.
Sanofi
Updated on 7th June 2022.
Outlook is very bullish.
Click here for the chart of Sanofi.
Trading at €100.06 which is above the upward trending 150 day simple moving average at €93.53 indicating a bullish outlook. The recent breakthrough the resistance level at €93.50 adds further to the positive indicators, pointing to a very bullish outlook. A fall below €87 would provide evidence of a breakdown of the current upward trend.
Allianz
Updated on 7th June 2022.
Outlook is moderately bullish.
Click here for the chart of Allianz.
Trading at €195.18 which is below the 150 day simple moving average at €209.57, and the latter has recently turned slightly downwards, indicating a bearish outlook. However, the 150 day has not been a particularly reliable indicator for this stock in the past, and it has recovered its upward trend after many setbacks, thereby indicating a moderately bullish outlook. A fall below €175 would be required to provide evidence of a breakdown from the current upward trend.
Siemens
Updated on 7th June 2022.
Outlook is moderately bullish.
Click here for the chart of Siemens.
Trading at €124.02 which is below the 150 day simple moving average at €133.63 and the latter has recently turned downwards. That would normally indicate a bearish outlook. However, the long term upward trend channel remains intact, albeit quite wide between the upper and lower trend lines, indicating a moderately bullish outlook. A fall below €75 would be required to provide evidence of a breakdown of the current upward trend.
Anheuser-Busch Inbev
Updated on 7th June 2022.
Outlook is bearish.
Click here for the chart of Anheuser-Busch.
Trading at €51.89 which is close to the 150 day simple moving average which has recently flattened out. The 150 day has not been a particularly reliable indicator for this stock, but the trend for the past few years has been downwards, albeit within a within a wide trend channel. A rally above €75 would be required to provide evidence of a breakout from the downward trend.
Airbus
Updated on 7th June 2022.
Outlook is bearish.
Click here for the chart of Airbus.
Trading at €108.68 which is at the 150 day simple moving average, and the latter has recently turned downwards thereby indicating a bearish outlook. A rally up to €125 would be required to provide evidence of a breakout from the current downward trend.
All charts from Yahoo Finance.
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