SAF-HOLLAND SEINH EO 1

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SFQ
ISIN:	DE000SAFH001

SAF-HOLLAND SEINH EO 1 - Daily - Technical analysis published on 11/10/2022 (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

83%

17%

My opinion

Bullish above 8.560 EUR

My targets

9.686 EUR (+8.04%)

10.176 EUR (+13.51%)

My analysis

SAF-HOLLAND SEINH EO 1 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 8.560 EUR. The next resistance located at 9.686 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 10.176 EUR. After this resistance, buyers could then target 10.651 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.

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

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

SAF-HOLLAND SEINH EO 1 rating 8.965 EUR. On the day, this instrument gained +5.78% and was between 8.695 EUR and 9.150 EUR. This implies that the price is at +3.11% from its lowest and at -2.02% from its highest.

8.695

9.150

8.965

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

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 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 SAF-HOLLAND SEINH EO 1 indicates that the overall trend is strongly bullish. 85.71% 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, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

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 scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.113	8.081	8.560	8.965	9.686	10.176	10.651
Change (%)	-20.66%	-9.86%	-4.52%	-	+8.04%	+13.51%	+18.81%
Change	-1.852	-0.884	-0.405	-	+0.721	+1.211	+1.686
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.127	8.228	8.352	8.453	8.577	8.678	8.802
Camarilla	8.413	8.434	8.454	8.475	8.496	8.516	8.537
Woodie	8.138	8.234	8.363	8.459	8.588	8.684	8.813
Fibonacci	8.228	8.314	8.367	8.453	8.539	8.592	8.678

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.737	7.053	7.592	7.908	8.447	8.763	9.302
Camarilla	7.895	7.973	8.052	8.130	8.208	8.287	8.365
Woodie	6.848	7.109	7.703	7.964	8.558	8.819	9.413
Fibonacci	7.053	7.380	7.582	7.908	8.235	8.437	8.763

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.890	5.445	6.470	7.025	8.050	8.605	9.630
Camarilla	7.061	7.205	7.350	7.495	7.640	7.785	7.930
Woodie	5.125	5.563	6.705	7.143	8.285	8.723	9.865
Fibonacci	5.445	6.049	6.421	7.025	7.629	8.001	8.605

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):	81.63
MACD (12,26,9):	0.4500
Directional Movement:	38.137
AROON (14):	100.000
DEMA (21):	8.208
Parabolic SAR (0,02-0,02-0,2):	7.830
Elder Ray (13):	0.942
Super Trend (3,10):	7.961
Zig ZAG (10):	9.025
VORTEX (21):	1.3040
Stochastique (14,3,5):	93.31
TEMA (21):	8.633
Williams %R (14):	-6.60
Chande Momentum Oscillator (20):	2.050
Repulse (5,40,3):	5.1260
ROCnROLL:	1
TRIX (15,9):	0.5450
Courbe Coppock:	42.87

MA7:	8.286
MA20:	7.485
MA50:	7.180
MA100:	7.300
MAexp7:	8.338
MAexp20:	7.712
MAexp50:	7.399
MAexp100:	7.476
Price / MA7:	+8.19%
Price / MA20:	+19.77%
Price / MA50:	+24.86%
Price / MA100:	+22.81%
Price / MAexp7:	+7.52%
Price / MAexp20:	+16.25%
Price / MAexp50:	+21.17%
Price / MAexp100:	+19.92%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on SAF-HOLLAND SEINH EO 1. 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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