ALCON N

- CHF (-)

- 15 min delayed data - Switzerland SWX Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALC
ISIN:	CH0432492467

ALCON N - 1H - Technical analysis published on 08/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 81.84 CHF

My targets

79.01 CHF (-2.58%)

76.36 CHF (-5.84%)

My analysis

The strong short-term decline of ALCON N reinforces the current slightly bearish trend. As long as the price remains below 81.84 CHF, you could take advantage of this bearish acceleration. The first bearish objective is located at 79.01 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 76.36 CHF as an objective. Crossing it would then enable sellers to target 74.94 CHF. A return to above 81.84 CHF would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

3.8

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ALCON N rating is 81.10 CHF. The price is lower by -2.73% since the last closing with the lowest point at 81.00 CHF and the highest point at 81.74 CHF. The deviation from the price is +0.12% for the low point and -0.78% for the high point.

81.00

81.74

81.10

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

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:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ALCON N in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	76.36	79.01	80.80	81.10	81.84	83.66
Change (%)	-5.84%	-2.58%	-0.37%	-	+0.91%	+3.16%
Change	-4.74	-2.09	-0.30	-	+0.74	+2.56
Level	Minor	Major	Major	-	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.02	81.86	82.62	83.46	84.22	85.06	85.82
Camarilla	82.94	83.09	83.23	83.38	83.53	83.67	83.82
Woodie	80.98	81.84	82.58	83.44	84.18	85.04	85.78
Fibonacci	81.86	82.47	82.85	83.46	84.07	84.45	85.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.85	78.95	80.97	82.07	84.09	85.19	87.21
Camarilla	82.14	82.43	82.71	83.00	83.29	83.57	83.86
Woodie	78.32	79.18	81.44	82.30	84.56	85.42	87.68
Fibonacci	78.95	80.14	80.88	82.07	83.26	84.00	85.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.45	73.41	78.39	81.35	86.33	89.29	94.27
Camarilla	81.20	81.92	82.65	83.38	84.11	84.84	85.56
Woodie	71.47	73.92	79.41	81.86	87.35	89.80	95.29
Fibonacci	73.41	76.44	78.31	81.35	84.38	86.25	89.29

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):	37.42
MACD (12,26,9):	-0.2800
Directional Movement:	-22.72
AROON (14):	-28.57
DEMA (21):	82.39
Parabolic SAR (0,02-0,02-0,2):	83.86
Elder Ray (13):	-1.06
Super Trend (3,10):	83.24
Zig ZAG (10):	81.28
VORTEX (21):	0.9000
Stochastique (14,3,5):	13.74
TEMA (21):	81.91
Williams %R (14):	-91.52
Chande Momentum Oscillator (20):	-2.22
Repulse (5,40,3):	-0.2200
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	2.22

MA7:	82.37
MA20:	81.05
MA50:	80.73
MA100:	77.97
MAexp7:	82.03
MAexp20:	82.64
MAexp50:	82.52
MAexp100:	81.96
Price / MA7:	-1.54%
Price / MA20:	+0.06%
Price / MA50:	+0.46%
Price / MA100:	+4.01%
Price / MAexp7:	-1.13%
Price / MAexp20:	-1.86%
Price / MAexp50:	-1.72%
Price / MAexp100:	-1.05%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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