DEUTZ AG O.N. - Daily - Technical analysis published on 06/12/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
28%
50%
22%
My opinion
Bearish under 6.015 EUR
My targets
5.202 EUR (-6.19%)
4.465 EUR (-19.48%)
My analysis
The current short-term bearish acceleration registered on DEUTZ AG O.N. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 6.015 EUR. Short-term sellers will use the support located at 5.202 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 4.465 EUR. Crossing this support would then open the door for sellers to target 4.113 EUR. Caution, if there is a return to below 6.015 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DEUTZ AG O.N. rating is 5.545 EUR. On the day, this instrument lost -0.09% with the lowest point at 5.530 EUR and the highest point at 5.580 EUR. The deviation from the price is +0.27% for the low point and -0.63% for the high point.5.530
5.580
5.545
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DEUTZ AG O.N. indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.850 | 4.113 | 5.202 | 5.545 | 5.548 | 6.015 | 6.593 |
| Change (%) | -30.57% | -25.83% | -6.19% | - | +0.05% | +8.48% | +18.90% |
| Change | -1.695 | -1.432 | -0.343 | - | +0.003 | +0.470 | +1.048 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.447 | 5.483 | 5.517 | 5.553 | 5.587 | 5.623 | 5.657 |
| Camarilla | 5.531 | 5.537 | 5.544 | 5.550 | 5.556 | 5.563 | 5.569 |
| Woodie | 5.445 | 5.483 | 5.515 | 5.553 | 5.585 | 5.623 | 5.655 |
| Fibonacci | 5.483 | 5.510 | 5.527 | 5.553 | 5.580 | 5.597 | 5.623 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.333 | 5.427 | 5.488 | 5.582 | 5.643 | 5.737 | 5.798 |
| Camarilla | 5.507 | 5.522 | 5.536 | 5.550 | 5.564 | 5.578 | 5.593 |
| Woodie | 5.318 | 5.419 | 5.473 | 5.574 | 5.628 | 5.729 | 5.783 |
| Fibonacci | 5.427 | 5.486 | 5.523 | 5.582 | 5.641 | 5.678 | 5.737 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.465 | 4.890 | 5.220 | 5.645 | 5.975 | 6.400 | 6.730 |
| Camarilla | 5.342 | 5.412 | 5.481 | 5.550 | 5.619 | 5.688 | 5.758 |
| Woodie | 4.418 | 4.866 | 5.173 | 5.621 | 5.928 | 6.376 | 6.683 |
| Fibonacci | 4.890 | 5.178 | 5.357 | 5.645 | 5.933 | 6.112 | 6.400 |
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): | 44.58 | |
| MACD (12,26,9): | -0.0390 | |
| Directional Movement: | -9.551 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 5.582 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.889 | |
| Elder Ray (13): | -0.048 | |
| Super Trend (3,10): | 5.438 | |
| Zig ZAG (10): | 5.550 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 11.91 | |
| TEMA (21): | 5.540 | |
| Williams %R (14): | -87.72 | |
| Chande Momentum Oscillator (20): | -0.085 | |
| Repulse (5,40,3): | -0.1560 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0760 | |
| Courbe Coppock: | 5.02 |
| MA7: | 5.583 | |
| MA20: | 5.636 | |
| MA50: | 5.700 | |
| MA100: | 5.500 | |
| MAexp7: | 5.577 | |
| MAexp20: | 5.626 | |
| MAexp50: | 5.615 | |
| MAexp100: | 5.386 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | -1.61% | |
| Price / MA50: | -2.72% | |
| Price / MA100: | +0.82% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | -1.44% | |
| Price / MAexp50: | -1.25% | |
| Price / MAexp100: | +2.95% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The last news published on DEUTZ AG O.N. at the time of the generation of this analysis was as follows:
- EQS-News: DEUTZ AG: DEUTZ earnings soar in the first quarter of 2023
- EQS-Adhoc: DEUTZ AG: DEUTZ refines full-year 2023 guidance after better than expected start into the year
- EQS-News: DEUTZ AG: Completion of cooperation between DEUTZ and Daimler Truck
- EQS-News: DEUTZ AG: DEUTZ significantly increases its profit in 2022 and pursues further growth with its Dual+ strategy
- EQS-News: DEUTZ AG: DEUTZ enters into cooperation with Daimler Truck to develop and market medium- and heavy-duty engines
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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