NAGARRO SE [CBOE]

216.32 EUR (-0.73%)

03/31/2025 - 13:40 Open Real time data - Cboe

Open:	217.90
Change:	-1.60
Volume:	0

Low:	214.71
High:	218.33
High / Low range:	3.62

Type:	Stocks
Ticker:	NA9_GY
ISIN:	DE000A3H2200

NAGARRO SE [CBOE] - Daily - Technical analysis published on 11/20/2024 (GMT)

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11/20/2024 - 11:53
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Timeframe : Daily
- Analysis generated on 11/20/2024 - 11:53
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 89.82 EUR

My targets

96.00 EUR (+1.59%)

107.37 EUR (+13.62%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NAGARRO SE [CBOE] as long as the price remains well above 89.82 EUR. The buyers' bullish objective is set at 96.00 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 107.37 EUR. If there is any crossing, the next objective would be the resistance located at 134.40 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.2

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.

This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NAGARRO SE [CBOE] rating is 94.50 EUR. The price registered a decrease of -3.72% on the session and was traded between 94.50 EUR and 99.50 EUR over the period. The price is currently at 0% from its lowest and -5.03% from its highest.

94.50

99.50

94.50

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of NAGARRO SE [CBOE] in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	79.80	85.49	89.82	94.50	96.00	134.40	189.00
Change (%)	-15.56%	-9.53%	-4.95%	-	+1.59%	+42.22%	+100.00%
Change	-14.70	-9.01	-4.68	-	+1.50	+39.90	+94.50
Level	Intermediate	Major	Major	-	Minor	Intermediate	Minor

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	94.93	95.62	96.88	97.57	98.83	99.52	100.78
Camarilla	97.61	97.79	97.97	98.15	98.33	98.51	98.69
Woodie	95.23	95.76	97.18	97.71	99.13	99.66	101.08
Fibonacci	95.62	96.36	96.82	97.57	98.31	98.77	99.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.33	85.27	89.13	91.07	94.93	96.87	100.73
Camarilla	91.41	91.94	92.47	93.00	93.53	94.06	94.60
Woodie	84.30	85.75	90.10	91.55	95.90	97.35	101.70
Fibonacci	85.27	87.48	88.85	91.07	93.28	94.65	96.87

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.00	70.87	80.25	89.12	98.50	107.37	116.75
Camarilla	84.60	86.27	87.95	89.62	91.29	92.97	94.64
Woodie	62.25	71.00	80.50	89.25	98.75	107.50	117.00
Fibonacci	70.87	77.85	82.15	89.12	96.10	100.40	107.37

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):	63.61
MACD (12,26,9):	1.8300
Directional Movement:	16.19
AROON (14):	64.29
DEMA (21):	94.06
Parabolic SAR (0,02-0,02-0,2):	86.55
Elder Ray (13):	5.33
Super Trend (3,10):	88.47
Zig ZAG (10):	96.95
VORTEX (21):	1.0000
Stochastique (14,3,5):	92.04
TEMA (21):	93.99
Williams %R (14):	-23.08
Chande Momentum Oscillator (20):	8.80
Repulse (5,40,3):	1.0900
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	5.67

MA7:	93.47
MA20:	91.16
MA50:	88.10
MA100:	82.17
MAexp7:	94.04
MAexp20:	91.81
MAexp50:	88.34
MAexp100:	84.97
Price / MA7:	+1.10%
Price / MA20:	+3.66%
Price / MA50:	+7.26%
Price / MA100:	+15.01%
Price / MAexp7:	+0.49%
Price / MAexp20:	+2.93%
Price / MAexp50:	+6.97%
Price / MAexp100:	+11.22%

Quotes : 11/20/2024 - 11:53 - Real time data - Cboe

News

The latest news and videos published on NAGARRO SE [CBOE] at the time of the analysis were as follows:

10/31/2024 - 07:58 Nagarro and Marubeni Announce Global Partnership to Leverage Digital Technologies for Japanese Corporates
09/11/2023 - 08:02 Nagarro initiates change of group auditor
04/14/2023 - 18:15 Nagarro releases audited financial results for 2022, announces share buyback
04/14/2023 - 17:13 Nagarro releases audited financial results for 2022, announces share buyback
11/14/2022 - 12:23 Nagarro posts 63.0% YoY revenue growth in Q3 2022, Adjusted EBITDA more than doubles YoY in Q3 2022

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

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