MERCEDES-BENZ GRP NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MBG
ISIN:	DE0007100000

MERCEDES-BENZ GRP NA O.N. - Daily - Technical analysis published on 11/27/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 54.927 EUR

My targets

47.651 EUR (-8.64%)

45.273 EUR (-13.20%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MERCEDES-BENZ GRP NA O.N. as long as the price remains well below 54.927 EUR. The sellers' bearish objective is set at 47.651 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 45.273 EUR. In case of crossing, the next objective would be the support located at 42.424 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.9

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.

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Additional analysis

Quotes

MERCEDES-BENZ GRP NA O.N. rating 52.160 EUR. On the day, this instrument lost -0.23% with the lowest point at 51.990 EUR and the highest point at 52.320 EUR. The deviation from the price is +0.33% for the low point and -0.31% for the high point.

51.990

52.320

52.160

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 for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this MERCEDES-BENZ GRP NA O.N. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by 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, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	45.273	47.651	51.389	52.160	54.927	56.552	60.429
Change (%)	-13.20%	-8.64%	-1.48%	-	+5.30%	+8.42%	+15.85%
Change	-6.887	-4.509	-0.771	-	+2.767	+4.392	+8.269
Level	Major	Minor	Major	-	Minor	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	50.860	51.240	51.760	52.140	52.660	53.040	53.560
Camarilla	52.033	52.115	52.198	52.280	52.363	52.445	52.528
Woodie	50.930	51.275	51.830	52.175	52.730	53.075	53.630
Fibonacci	51.240	51.584	51.796	52.140	52.484	52.696	53.040

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.920	49.450	50.860	52.390	53.800	55.330	56.740
Camarilla	51.462	51.731	52.001	52.270	52.540	52.809	53.079
Woodie	47.860	49.420	50.800	52.360	53.740	55.300	56.680
Fibonacci	49.450	50.573	51.267	52.390	53.513	54.207	55.330

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.293	52.967	54.333	57.007	58.373	61.047	62.413
Camarilla	54.589	54.959	55.330	55.700	56.070	56.441	56.811
Woodie	49.640	52.640	53.680	56.680	57.720	60.720	61.760
Fibonacci	52.967	54.510	55.463	57.007	58.550	59.503	61.047

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):	40.42
MACD (12,26,9):	-1.0850
Directional Movement:	-10.309
AROON (14):	-28.571
DEMA (21):	51.862
Parabolic SAR (0,02-0,02-0,2):	50.844
Elder Ray (13):	-0.635
Super Trend (3,10):	55.474
Zig ZAG (10):	52.310
VORTEX (21):	0.7920
Stochastique (14,3,5):	47.82
TEMA (21):	51.676
Williams %R (14):	-50.79
Chande Momentum Oscillator (20):	-0.540
Repulse (5,40,3):	1.9010
ROCnROLL:	2
TRIX (15,9):	-0.3140
Courbe Coppock:	6.89

MA7:	52.326
MA20:	53.186
MA50:	55.632
MA100:	58.031
MAexp7:	52.427
MAexp20:	53.342
MAexp50:	55.313
MAexp100:	57.490
Price / MA7:	-0.32%
Price / MA20:	-1.93%
Price / MA50:	-6.24%
Price / MA100:	-10.12%
Price / MAexp7:	-0.51%
Price / MAexp20:	-2.22%
Price / MAexp50:	-5.70%
Price / MAexp100:	-9.27%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on MERCEDES-BENZ GRP NA O.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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