SAS AB [CBOE] - Daily - Technical analysis published on 02/09/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SAS AB [CBOE] Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.4955 NOK
My targets
1.6830 NOK (+7.06%)
1.8969 NOK (+20.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SAS AB [CBOE] as long as the price remains well above 1.4955 NOK. The buyers' bullish objective is set at 1.6830 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.8969 NOK. If there is any crossing, the next objective would be the resistance located at 2.0640 NOK.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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This analysis was given by Gstar99.
Additional analysis
Quotes
The SAS AB [CBOE] rating is 1.5720 NOK. On the day, this instrument lost -1.23% with the lowest point at 1.5595 NOK and the highest point at 1.6295 NOK. The deviation from the price is +0.80% for the low point and -3.53% for the high point.1.5595
1.6295
1.5720
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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:
Technical
Technical analysis of SAS AB [CBOE] in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.1700 | 1.2774 | 1.4955 | 1.5720 | 1.6830 | 1.8969 | 2.0640 |
Change (%) | -25.57% | -18.74% | -4.87% | - | +7.06% | +20.67% | +31.30% |
Change | -0.4020 | -0.2946 | -0.0765 | - | +0.1110 | +0.3249 | +0.4920 |
Level | Minor | Major | Major | - | Intermediate | 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 | 1.4745 | 1.5170 | 1.5445 | 1.5870 | 1.6145 | 1.6570 | 1.6845 |
Camarilla | 1.5528 | 1.5592 | 1.5656 | 1.5720 | 1.5784 | 1.5848 | 1.5913 |
Woodie | 1.4670 | 1.5133 | 1.5370 | 1.5833 | 1.6070 | 1.6533 | 1.6770 |
Fibonacci | 1.5170 | 1.5437 | 1.5603 | 1.5870 | 1.6137 | 1.6303 | 1.6570 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1343 | 1.2982 | 1.4123 | 1.5762 | 1.6903 | 1.8542 | 1.9683 |
Camarilla | 1.4501 | 1.4755 | 1.5010 | 1.5265 | 1.5520 | 1.5775 | 1.6030 |
Woodie | 1.1095 | 1.2858 | 1.3875 | 1.5638 | 1.6655 | 1.8418 | 1.9435 |
Fibonacci | 1.2982 | 1.4044 | 1.4700 | 1.5762 | 1.6824 | 1.7480 | 1.8542 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0410 | 1.1415 | 1.3230 | 1.4235 | 1.6050 | 1.7055 | 1.8870 |
Camarilla | 1.4270 | 1.4528 | 1.4787 | 1.5045 | 1.5304 | 1.5562 | 1.5821 |
Woodie | 1.0815 | 1.1618 | 1.3635 | 1.4438 | 1.6455 | 1.7258 | 1.9275 |
Fibonacci | 1.1415 | 1.2492 | 1.3158 | 1.4235 | 1.5312 | 1.5978 | 1.7055 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 60.41 | |
MACD (12,26,9): | 0.0599 | |
Directional Movement: | 12.9297 | |
AROON (14): | 57.1428 | |
DEMA (21): | 1.5462 | |
Parabolic SAR (0,02-0,02-0,2): | 1.4491 | |
Elder Ray (13): | 0.0547 | |
Super Trend (3,10): | 1.4418 | |
Zig ZAG (10): | 1.5855 | |
VORTEX (21): | 0.9797 | |
Stochastique (14,3,5): | 57.61 | |
TEMA (21): | 1.5952 | |
Williams %R (14): | -34.05 | |
Chande Momentum Oscillator (20): | 0.2295 | |
Repulse (5,40,3): | -4.5526 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.5038 | |
Courbe Coppock: | 28.17 |
MA7: | 1.5714 | |
MA20: | 1.4497 | |
MA50: | 1.3502 | |
MA100: | 1.5304 | |
MAexp7: | 1.3898 | |
MAexp20: | 1.4759 | |
MAexp50: | 1.4446 | |
MAexp100: | 1.5314 | |
Price / MA7: | +0.04% | |
Price / MA20: | +8.44% | |
Price / MA50: | +16.43% | |
Price / MA100: | +2.72% | |
Price / MAexp7: | +13.11% | |
Price / MAexp20: | +6.51% | |
Price / MAexp50: | +8.82% | |
Price / MAexp100: | +2.65% |
Quotes :
-
15 min delayed data
-
ChiX CH/DK/FI/NO/SE
News
Don't forget to follow the news on SAS AB [CBOE]. At the time of publication of this analysis, the latest news was as follows:
- SAS opens new routes to Toronto from Copenhagen and Stockholm
- SAS presents traffic program for the fall
- 75 years of proud aviation
- SAS increases flights from Scandinavia to the United States
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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