Londinia Opportunities Analyses - 05/03/2024 (GMT) DORMAKABA N - 1H

- CHF (-)

- 15 min delayed data - Switzerland SWX Stocks

Type:	Stocks
Ticker:	DOKA
ISIN:	CH0011795959

Londinia

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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 485.5 CHF

My targets

501.0 CHF (+1.73%)

526.0 CHF (+6.80%)

My analysis

The bullish trend is currently very strong on DORMAKABA N. As long as the price remains above the support at 485.5 CHF, you could try to benefit from the boom. The first bullish objective is located at 501.0 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 526.0 CHF as an objective. Crossing it would then enable buyers to target 580.8 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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

The DORMAKABA N rating is 492.5 CHF. On the day, this instrument gained +1.76% and was between 482.5 CHF and 492.5 CHF. This implies that the price is at +2.07% from its lowest and at 0% from its highest.

482.5

492.5

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DORMAKABA N chart shows a strongly 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 does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	472.8	479.0	485.5	492.5	494.0	501.0	526.0
Change (%)	-4.00%	-2.74%	-1.42%	-	+0.30%	+1.73%	+6.80%
Change	-19.7	-13.5	-7.0	-	+1.5	+8.5	+33.5
Level	Minor	Major	Minor	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	470.3	476.7	480.3	486.7	490.3	496.7	500.3
Camarilla	481.3	482.2	483.1	484.0	484.9	485.8	486.8
Woodie	469.0	476.0	479.0	486.0	489.0	496.0	499.0
Fibonacci	476.7	480.5	482.9	486.7	490.5	492.9	496.7

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	452.8	459.7	471.8	478.7	490.8	497.7	509.8
Camarilla	478.8	480.5	482.3	484.0	485.7	487.5	489.2
Woodie	455.5	461.0	474.5	480.0	493.5	499.0	512.5
Fibonacci	459.7	466.9	471.4	478.7	485.9	490.4	497.7

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	429.0	445.5	468.0	484.5	507.0	523.5	546.0
Camarilla	479.8	483.4	486.9	490.5	494.1	497.7	501.2
Woodie	432.0	447.0	471.0	486.0	510.0	525.0	549.0
Fibonacci	445.5	460.4	469.6	484.5	499.4	508.6	523.5

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.20
MACD (12,26,9):	1.2000
Directional Movement:	-0.7
AROON (14):	-42.8
DEMA (21):	490.1
Parabolic SAR (0,02-0,02-0,2):	482.9
Elder Ray (13):	2.1
Super Trend (3,10):	492.4
Zig ZAG (10):	492.0
VORTEX (21):	0.9000
Stochastique (14,3,5):	84.40
TEMA (21):	489.2
Williams %R (14):	-9.50
Chande Momentum Oscillator (20):	1.5
Repulse (5,40,3):	1.3000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.20

MA7:	485.0
MA20:	481.9
MA50:	467.5
MA100:	454.0
MAexp7:	489.4
MAexp20:	488.1
MAexp50:	484.9
MAexp100:	481.9
Price / MA7:	+1.55%
Price / MA20:	+2.20%
Price / MA50:	+5.35%
Price / MA100:	+8.48%
Price / MAexp7:	+0.63%
Price / MAexp20:	+0.90%
Price / MAexp50:	+1.57%
Price / MAexp100:	+2.20%

Quotes : - 15 min delayed data - Actions Suisse SWX

News

The latest news and videos published on DORMAKABA N at the time of the analysis were as follows: