BASF SE NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BAS
ISIN:	DE000BASF111

BASF SE NA O.N. - Daily - Technical analysis published on 09/27/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 46.781 EUR

My targets

48.737 EUR (+1.73%)

51.572 EUR (+7.64%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on BASF SE NA O.N.. This is a positive signal for buyers. As long as the price remains above 46.781 EUR, a purchase could be considered. The first bullish objective is located at 48.737 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 51.572 EUR as an objective. Crossing it would then enable buyers to target 57.225 EUR. In the event of a return below 46.781 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.8

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.

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Additional analysis

Quotes

The BASF SE NA O.N. rating is 47.910 EUR. On the day, this instrument gained +5.77% and was traded between 45.445 EUR and 48.190 EUR over the period. The price is currently at +5.42% from its lowest and -0.58% from its highest.

45.445

48.190

47.910

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BASF SE NA O.N.:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BASF SE NA O.N. indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	43.640	45.833	46.781	47.910	48.737	51.572	57.225
Change (%)	-8.91%	-4.34%	-2.36%	-	+1.73%	+7.64%	+19.44%
Change	-4.270	-2.077	-1.129	-	+0.827	+3.662	+9.315
Level	Major	Major	Major	-	Minor	Major	Major

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	42.928	43.402	44.348	44.822	45.768	46.242	47.188
Camarilla	44.905	45.035	45.165	45.295	45.425	45.555	45.686
Woodie	43.165	43.520	44.585	44.940	46.005	46.360	47.425
Fibonacci	43.402	43.944	44.279	44.822	45.364	45.699	46.242

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.138	41.687	43.853	45.402	47.568	49.117	51.283
Camarilla	44.998	45.339	45.680	46.020	46.361	46.701	47.042
Woodie	40.448	41.841	44.163	45.556	47.878	49.271	51.593
Fibonacci	41.687	43.106	43.983	45.402	46.821	47.698	49.117

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.012	38.093	41.972	44.053	47.932	50.013	53.892
Camarilla	44.211	44.757	45.304	45.850	46.396	46.943	47.489
Woodie	36.910	38.543	42.870	44.503	48.830	50.463	54.790
Fibonacci	38.093	40.370	41.777	44.053	46.330	47.737	50.013

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):	67.52
MACD (12,26,9):	0.6600
Directional Movement:	15.016
AROON (14):	92.857
DEMA (21):	45.770
Parabolic SAR (0,02-0,02-0,2):	43.543
Elder Ray (13):	1.428
Super Trend (3,10):	43.179
Zig ZAG (10):	47.915
VORTEX (21):	0.9540
Stochastique (14,3,5):	74.59
TEMA (21):	46.288
Williams %R (14):	-4.64
Chande Momentum Oscillator (20):	5.150
Repulse (5,40,3):	7.7180
ROCnROLL:	1
TRIX (15,9):	0.1370
Courbe Coppock:	9.08

MA7:	46.034
MA20:	44.672
MA50:	43.822
MA100:	45.090
MAexp7:	45.943
MAexp20:	45.014
MAexp50:	44.553
MAexp100:	44.741
Price / MA7:	+4.08%
Price / MA20:	+7.25%
Price / MA50:	+9.33%
Price / MA100:	+6.25%
Price / MAexp7:	+4.28%
Price / MAexp20:	+6.43%
Price / MAexp50:	+7.53%
Price / MAexp100:	+7.08%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on BASF SE NA O.N. at the time of the generation of this analysis was as follows:

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

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