FUCHS SEVZO NA O.N. - 1H - Technical analysis published on 08/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 39.46 EUR
My targets
41.40 EUR (+2.99%)
42.18 EUR (+4.93%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on FUCHS SEVZO NA O.N.. This is a positive signal for buyers. As long as the price remains above 39.46 EUR, a purchase could be considered. The first bullish objective is located at 41.40 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 42.18 EUR as an objective. Crossing it would then enable buyers to target 43.77 EUR. In the event of a return below 39.46 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
0
10
5.9
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Additional analysis
Quotes
The FUCHS SEVZO NA O.N. price is 40.20 EUR. The price registered a decrease of -0.05% on the session and was traded between 40.02 EUR and 40.40 EUR over the period. The price is currently at +0.45% from its lowest and -0.50% from its highest.40.02
40.40
40.20
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of FUCHS SEVZO NA O.N. in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 37.11 | 38.40 | 39.46 | 40.20 | 40.37 | 41.40 | 42.18 |
Change (%) | -7.69% | -4.48% | -1.84% | - | +0.42% | +2.99% | +4.93% |
Change | -3.09 | -1.80 | -0.74 | - | +0.17 | +1.20 | +1.98 |
Level | Major | Major | Minor | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 37.99 | 38.43 | 39.33 | 39.77 | 40.67 | 41.11 | 42.01 |
Camarilla | 39.85 | 39.97 | 40.10 | 40.22 | 40.34 | 40.47 | 40.59 |
Woodie | 38.21 | 38.55 | 39.55 | 39.89 | 40.89 | 41.23 | 42.23 |
Fibonacci | 38.43 | 38.95 | 39.26 | 39.77 | 40.29 | 40.60 | 41.11 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 30.22 | 33.08 | 35.32 | 38.18 | 40.42 | 43.28 | 45.52 |
Camarilla | 36.16 | 36.63 | 37.09 | 37.56 | 38.03 | 38.50 | 38.96 |
Woodie | 29.91 | 32.93 | 35.01 | 38.03 | 40.11 | 43.13 | 45.21 |
Fibonacci | 33.08 | 35.03 | 36.23 | 38.18 | 40.13 | 41.33 | 43.28 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.19 | 32.57 | 36.39 | 39.77 | 43.59 | 46.97 | 50.79 |
Camarilla | 38.24 | 38.90 | 39.56 | 40.22 | 40.88 | 41.54 | 42.20 |
Woodie | 29.42 | 32.68 | 36.62 | 39.88 | 43.82 | 47.08 | 51.02 |
Fibonacci | 32.57 | 35.32 | 37.02 | 39.77 | 42.52 | 44.22 | 46.97 |
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): | 66.76 | |
MACD (12,26,9): | 0.4500 | |
Directional Movement: | 19.09 | |
AROON (14): | 64.29 | |
DEMA (21): | 40.11 | |
Parabolic SAR (0,02-0,02-0,2): | 38.91 | |
Elder Ray (13): | 0.45 | |
Super Trend (3,10): | 39.13 | |
Zig ZAG (10): | 40.16 | |
VORTEX (21): | 1.2200 | |
Stochastique (14,3,5): | 84.60 | |
TEMA (21): | 40.38 | |
Williams %R (14): | -19.74 | |
Chande Momentum Oscillator (20): | 0.06 | |
Repulse (5,40,3): | 0.5800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1900 | |
Courbe Coppock: | 1.51 |
MA7: | 38.83 | |
MA20: | 40.48 | |
MA50: | 42.58 | |
MA100: | 43.09 | |
MAexp7: | 40.00 | |
MAexp20: | 39.52 | |
MAexp50: | 39.12 | |
MAexp100: | 39.51 | |
Price / MA7: | +3.53% | |
Price / MA20: | -0.69% | |
Price / MA50: | -5.59% | |
Price / MA100: | -6.71% | |
Price / MAexp7: | +0.50% | |
Price / MAexp20: | +1.72% | |
Price / MAexp50: | +2.76% | |
Price / MAexp100: | +1.75% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on FUCHS SEVZO NA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: FUCHS with good first half of 2024
- EQS-News: FUCHS successfully completes the acquisition of the LUBCON Group, a manufacturer of high-performance specialty lubricants
- EQS-News: FUCHS with good start into financial year 2024
- EQS-News: FUCHS acquires manufacturer for high-performance specialty lubricants
- EQS-News: FUCHS SE and Mercedes-Benz AG announce strategic business partnership to drive a quality collaboration in the Automotive After-Sales
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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