SODEXO SA (SW.PA)       87.62  +0.3 (+0.34%)

87.62  +0.3 (+0.34%)

FR0000121220 - Common Stock

Technical Rating

6

Taking everything into account, SW scores 6 out of 10 in our technical rating. Although SW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.



The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, SW did better than 93% of all other stocks. On top of that, SW also shows a nice and consistent pattern of rising prices.
SW is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 80% of 20 stocks in the same industry.
SW is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SW slightly outperforms the market at the moment.
In the last month SW has a been trading in the 80.58 - 88.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.

Statistics

1 Month 3 Months 6 Months 12 Months 0.62% -2.08% 13.56% 31.13% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 93.18 62.52 - 95.8
SW Weekly chart
SW Daily chart

Support/Resistance Analysis


80.72

91.75
3 important support areas can be observed.
  • A support zone ranging from 85.90 to 87.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @84.10 from a horizontal line in the weekly time frame.
  • A support zone ranging from 81.54 to 81.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
  • A resistance zone ranging from 87.87 to 88.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @90.84 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

7

Although the technical rating is only medium, SW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 87.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.37, a Stop Loss order could be placed below this zone.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
88.8985.893.00 (3.37%)25.00%
An entry @88.89. This is a Buy Stop order right above the resistance zone.An exit @85.89. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.00 points, which is 3.37%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SW Daily chart

SODEXO SA87.62

EPA:SW (3/29/2023, 7:00:00 PM)+0.3 (+0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
Today0.34%
1 Week-0.86%
2 Weeks7.46%
1 Month0.62%
3 Month-2.08%
6 Month13.56%
Volatility
ATR(14)1.85
ATR(20)%1.74%
ATR Inc-31.06%
Range Today0.6
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.18
Mansfield0.65
10 Day High88.7
10 Day Low81.24
20 Day High88.7
20 Day Low80.58
52 Week High95.8
52 Week Low62.52
CS1 End87.37
CR1 Start87.87
Volume & EV
DER(3)-0.09%
DER(5)-0.33%
Volume196.60K
Volume Incr-15.34%
Vol(5)208.18K
Vol(50)214.95K

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