COMPUGROUP MED. NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	COP
ISIN:	DE000A288904

COMPUGROUP MED. NA O.N. - Daily - Technical analysis published on 12/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 19.35 EUR

My targets

23.39 EUR (+7.90%)

24.40 EUR (+12.55%)

My analysis

COMPUGROUP MED. NA O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.35 EUR. The next resistance located at 23.39 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 24.40 EUR. After this resistance, buyers could then target 29.09 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 COMPUGROUP MED. NA O.N. rating is 21.68 EUR. The price is lower by -0.09% since the last closing and was traded between 21.62 EUR and 21.82 EUR over the period. The price is currently at +0.28% from its lowest and -0.64% from its highest.

21.62

21.82

21.68

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of COMPUGROUP MED. NA O.N. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	13.36	16.54	21.68	21.86	24.40	29.09
Change (%)	-38.38%	-23.71%	-	+0.83%	+12.55%	+34.18%
Change	-8.32	-5.14	-	+0.18	+2.72	+7.41
Level	Intermediate	Major	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.43	21.51	21.61	21.69	21.79	21.87	21.97
Camarilla	21.65	21.67	21.68	21.70	21.72	21.73	21.75
Woodie	21.43	21.52	21.61	21.70	21.79	21.88	21.97
Fibonacci	21.51	21.58	21.63	21.69	21.76	21.81	21.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.87	18.79	20.17	21.09	22.47	23.39	24.77
Camarilla	20.91	21.12	21.33	21.54	21.75	21.96	22.17
Woodie	18.09	18.91	20.39	21.21	22.69	23.51	24.99
Fibonacci	18.79	19.67	20.22	21.09	21.97	22.52	23.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.70	12.60	14.25	15.15	16.80	17.70	19.35
Camarilla	15.21	15.44	15.68	15.91	16.14	16.38	16.61
Woodie	12.09	12.79	14.64	15.34	17.19	17.89	19.74
Fibonacci	12.60	13.57	14.17	15.15	16.12	16.72	17.70

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):	78.43
MACD (12,26,9):	1.9500
Directional Movement:	38.97
AROON (14):	14.29
DEMA (21):	21.45
Parabolic SAR (0,02-0,02-0,2):	19.93
Elder Ray (13):	1.58
Super Trend (3,10):	19.74
Zig ZAG (10):	21.68
VORTEX (21):	1.2500
Stochastique (14,3,5):	94.94
TEMA (21):	22.59
Williams %R (14):	-4.96
Chande Momentum Oscillator (20):	4.78
Repulse (5,40,3):	-0.0600
ROCnROLL:	1
TRIX (15,9):	1.5100
Courbe Coppock:	79.81

MA7:	21.66
MA20:	18.35
MA50:	15.75
MA100:	15.18
MAexp7:	21.23
MAexp20:	19.06
MAexp50:	16.93
MAexp100:	17.11
Price / MA7:	+0.09%
Price / MA20:	+18.15%
Price / MA50:	+37.65%
Price / MA100:	+42.82%
Price / MAexp7:	+2.12%
Price / MAexp20:	+13.75%
Price / MAexp50:	+28.06%
Price / MAexp100:	+26.71%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on COMPUGROUP MED. NA O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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