DOCMORRIS N
DOCMORRIS N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DOCM
ISIN: CH0042615283

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

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 81.98 CHF
My targets
86.62 CHF (+2.51%)
90.93 CHF (+7.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOCMORRIS N as long as the price remains well above 81.98 CHF. The buyers' bullish objective is set at 86.62 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 90.93 CHF. If there is any crossing, the next objective would be the resistance located at 210.33 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
8.8

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:
Daily Weekly

Additional analysis

Quotes

DOCMORRIS N rating 84.50 CHF. On the day, this instrument gained +7.03% and was between 81.05 CHF and 85.50 CHF. This implies that the price is at +4.26% from its lowest and at -1.17% from its highest.

81.05
85.50
84.50

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.

Central Gaps

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

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DOCMORRIS N indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 76.05 79.20 81.98 84.50 210.33 305.67 427.00
Change (%) -10.00% -6.27% -2.98% - +148.92% +261.74% +405.33%
Change -8.45 -5.30 -2.52 - +125.83 +221.17 +342.50
Level Intermediate Major Intermediate - Minor Minor 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
Standard75.1276.8877.9279.6880.7282.4883.52
Camarilla78.1878.4478.6978.9579.2179.4679.72
Woodie74.7576.7077.5579.5080.3582.3083.15
Fibonacci76.8877.9578.6179.6880.7581.4182.48


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.2368.8273.1377.7282.0386.6290.93
Camarilla75.0075.8276.6377.4578.2779.0879.90
Woodie64.1068.7573.0077.6581.9086.5590.80
Fibonacci68.8272.2274.3277.7281.1283.2286.62


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.0763.9372.5777.4386.0790.9399.57
Camarilla77.4978.7379.9681.2082.4483.6884.91
Woodie60.9564.8874.4578.3887.9591.88101.45
Fibonacci63.9369.0972.2877.4382.5985.7890.93

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): 71.28
MACD (12,26,9): 0.8900
Directional Movement: 24.40
AROON (14): 57.14
DEMA (21): 82.09
Parabolic SAR (0,02-0,02-0,2): 79.02
Elder Ray (13): 3.25
Super Trend (3,10): 80.27
Zig ZAG (10): 84.80
VORTEX (21): 1.0500
Stochastique (14,3,5): 89.08
TEMA (21): 82.43
Williams %R (14): -9.49
Chande Momentum Oscillator (20): 3.65
Repulse (5,40,3): 1.8700
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 1.80
MA7: 79.77
MA20: 76.94
MA50: 70.32
MA100: 58.62
MAexp7: 82.31
MAexp20: 81.05
MAexp50: 79.77
MAexp100: 78.34
Price / MA7: +5.93%
Price / MA20: +9.83%
Price / MA50: +20.16%
Price / MA100: +44.15%
Price / MAexp7: +2.66%
Price / MAexp20: +4.26%
Price / MAexp50: +5.93%
Price / MAexp100: +7.86%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

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

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