REDCARE PHARMACY INH.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RDC
ISIN:	NL0012044747

REDCARE PHARMACY INH. - Daily - Technical analysis published on 08/30/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 102.08 EUR

My targets

114.55 EUR (+5.14%)

123.60 EUR (+13.45%)

My analysis

The basic bullish trend is very strong on REDCARE PHARMACY INH. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 102.08 EUR. Crossing the first resistance at 114.55 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 123.60 EUR as an objective. Crossing it would then enable buyers to target 161.02 EUR. Caution, a return to below 102.08 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

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 REDCARE PHARMACY INH. rating is 108.95 EUR. The price registered an increase of +2.25% on the session with the lowest point at 105.80 EUR and the highest point at 109.35 EUR. The deviation from the price is +2.98% for the low point and -0.37% for the high point.

105.80

109.35

108.95

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of REDCARE PHARMACY INH. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	74.62	88.03	102.08	108.95	114.55	123.60	161.02
Change (%)	-31.51%	-19.20%	-6.31%	-	+5.14%	+13.45%	+47.79%
Change	-34.33	-20.92	-6.87	-	+5.60	+14.65	+52.07
Level	Minor	Major	Major	-	Major	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
Standard	103.27	104.58	105.57	106.88	107.87	109.18	110.17
Camarilla	105.92	106.13	106.34	106.55	106.76	106.97	107.18
Woodie	103.10	104.50	105.40	106.80	107.70	109.10	110.00
Fibonacci	104.58	105.46	106.01	106.88	107.76	108.31	109.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.10	93.36	100.83	105.09	112.56	116.82	124.29
Camarilla	105.07	106.15	107.23	108.30	109.38	110.45	111.53
Woodie	90.71	94.16	102.44	105.89	114.17	117.62	125.90
Fibonacci	93.36	97.84	100.61	105.09	109.57	112.34	116.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.00	88.00	96.80	103.80	112.60	119.60	128.40
Camarilla	101.26	102.70	104.15	105.60	107.05	108.50	109.95
Woodie	81.90	88.45	97.70	104.25	113.50	120.05	129.30
Fibonacci	88.00	94.04	97.76	103.80	109.84	113.56	119.60

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	52.49
MACD (12,26,9):	0.2700
Directional Movement:	0.55
AROON (14):	-21.43
DEMA (21):	108.73
Parabolic SAR (0,02-0,02-0,2):	113.53
Elder Ray (13):	-0.29
Super Trend (3,10):	115.45
Zig ZAG (10):	108.90
VORTEX (21):	0.9300
Stochastique (14,3,5):	55.65
TEMA (21):	106.93
Williams %R (14):	-35.28
Chande Momentum Oscillator (20):	-4.60
Repulse (5,40,3):	1.3000
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	9.82

MA7:	106.99
MA20:	109.67
MA50:	104.84
MA100:	98.53
MAexp7:	107.53
MAexp20:	107.89
MAexp50:	104.73
MAexp100:	97.29
Price / MA7:	+1.83%
Price / MA20:	-0.66%
Price / MA50:	+3.92%
Price / MA100:	+10.58%
Price / MAexp7:	+1.32%
Price / MAexp20:	+0.98%
Price / MAexp50:	+4.03%
Price / MAexp100:	+11.98%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on REDCARE PHARMACY INH. 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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