TAG IMMOBILIEN AG
TAG IMMOBILIEN AG
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TEG
ISIN: DE0008303504

TAG IMMOBILIEN AG - Daily - Technical analysis published on 07/04/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 8.582 EUR
My targets
10.509 EUR (+10.48%)
14.586 EUR (+53.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TAG IMMOBILIEN AG as long as the price remains well above 8.582 EUR. The buyers' bullish objective is set at 10.509 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.586 EUR. If there is any crossing, the next objective would be the resistance located at 22.743 EUR. 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
8.6

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:
15 min. 1H Weekly

Additional analysis

Quotes

The TAG IMMOBILIEN AG price is 9.512 EUR. The price registered an increase of +4.37% on the session and was between 9.134 EUR and 9.606 EUR. This implies that the price is at +4.14% from its lowest and at -0.98% from its highest.

9.134
9.606
9.512

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TAG IMMOBILIEN AG in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


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:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.792 7.602 8.582 9.512 10.664 14.586 22.743
Change (%) -28.60% -20.08% -9.78% - +12.11% +53.34% +139.10%
Change -2.720 -1.910 -0.930 - +1.152 +5.074 +13.231
Level Minor Major Major - Minor Intermediate 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
Standard8.0918.3318.7238.9639.3559.5959.987
Camarilla8.9408.9989.0569.1149.1729.2309.288
Woodie8.1668.3698.7989.0019.4309.63310.062
Fibonacci8.3318.5738.7228.9639.2059.3549.595


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.0517.4058.0338.3879.0159.3699.997
Camarilla8.3928.4828.5728.6628.7528.8428.932
Woodie7.1897.4748.1718.4569.1539.43810.135
Fibonacci7.4057.7808.0128.3878.7628.9949.369


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.4116.8937.7778.2599.1439.62510.509
Camarilla8.2868.4128.5378.6628.7878.9129.038
Woodie6.6136.9947.9798.3609.3459.72610.711
Fibonacci6.8937.4157.7378.2598.7819.1039.625

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): 77.06
MACD (12,26,9): 0.2700
Directional Movement: 25.763
AROON (14): 42.857
DEMA (21): 8.740
Parabolic SAR (0,02-0,02-0,2): 7.835
Elder Ray (13): 0.810
Super Trend (3,10): 8.369
Zig ZAG (10): 9.510
VORTEX (21): 1.1710
Stochastique (14,3,5): 93.55
TEMA (21): 8.828
Williams %R (14): -5.20
Chande Momentum Oscillator (20): 0.982
Repulse (5,40,3): 11.3560
ROCnROLL: 1
TRIX (15,9): 0.3130
Courbe Coppock: 5.36
MA7: 8.568
MA20: 8.444
MA50: 7.966
MA100: 7.532
MAexp7: 8.774
MAexp20: 8.422
MAexp50: 8.033
MAexp100: 7.773
Price / MA7: +11.02%
Price / MA20: +12.65%
Price / MA50: +19.41%
Price / MA100: +26.29%
Price / MAexp7: +8.41%
Price / MAexp20: +12.94%
Price / MAexp50: +18.41%
Price / MAexp100: +22.37%

Quotes : - 15 min delayed data - Germany Stocks

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

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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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