SYNBIOTIC SENA O.N. - 1H - Technical analysis published on 03/20/2024 (GMT)
- 173
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 8.48 EUR
My targets
9.04 EUR (+2.73%)
9.96 EUR (+13.18%)
My analysis
SYNBIOTIC SENA 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 8.48 EUR. The next resistance located at 9.04 EUR is the next bullish target 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 9.96 EUR. After this resistance, buyers could then target 12.23 EUR.
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
6.1
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SYNBIOTIC SENA O.N. rating is 8.80 EUR. The price registered an increase of +12.53% on the session and was traded between 8.22 EUR and 9.48 EUR over the period. The price is currently at +7.06% from its lowest and -7.17% from its highest.8.22
9.48
8.80
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SYNBIOTIC SENA O.N. chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.21 | 6.80 | 7.97 | 8.80 | 9.04 | 12.23 | 13.60 |
| Change (%) | -40.80% | -22.73% | -9.43% | - | +2.73% | +38.98% | +54.55% |
| Change | -3.59 | -2.00 | -0.83 | - | +0.24 | +3.43 | +4.80 |
| Level | Minor | Major | Minor | - | Intermediate | 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 | 7.37 | 7.53 | 7.67 | 7.83 | 7.97 | 8.13 | 8.27 |
| Camarilla | 7.74 | 7.77 | 7.79 | 7.82 | 7.85 | 7.88 | 7.90 |
| Woodie | 7.37 | 7.53 | 7.67 | 7.83 | 7.97 | 8.13 | 8.27 |
| Fibonacci | 7.53 | 7.64 | 7.71 | 7.83 | 7.94 | 8.01 | 8.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.52 | 5.76 | 7.24 | 8.48 | 9.96 | 11.20 | 12.68 |
| Camarilla | 7.97 | 8.22 | 8.47 | 8.72 | 8.97 | 9.22 | 9.47 |
| Woodie | 4.64 | 5.82 | 7.36 | 8.54 | 10.08 | 11.26 | 12.80 |
| Fibonacci | 5.76 | 6.80 | 7.44 | 8.48 | 9.52 | 10.16 | 11.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -12.79 | -4.35 | 2.63 | 11.07 | 18.05 | 26.49 | 33.47 |
| Camarilla | 5.38 | 6.79 | 8.21 | 9.62 | 11.03 | 12.45 | 13.86 |
| Woodie | -13.51 | -4.72 | 1.91 | 10.71 | 17.33 | 26.13 | 32.75 |
| Fibonacci | -4.35 | 1.54 | 5.18 | 11.07 | 16.96 | 20.60 | 26.49 |
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): | 63.04 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 20.73 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 8.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.63 | |
| Elder Ray (13): | 0.60 | |
| Super Trend (3,10): | 7.97 | |
| Zig ZAG (10): | 9.00 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 78.60 | |
| TEMA (21): | 8.38 | |
| Williams %R (14): | -24.49 | |
| Chande Momentum Oscillator (20): | 1.20 | |
| Repulse (5,40,3): | 5.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 10.12 |
| MA7: | 8.07 | |
| MA20: | 9.26 | |
| MA50: | 7.15 | |
| MA100: | 5.13 | |
| MAexp7: | 8.46 | |
| MAexp20: | 8.27 | |
| MAexp50: | 8.26 | |
| MAexp100: | 8.41 | |
| Price / MA7: | +9.05% | |
| Price / MA20: | -4.97% | |
| Price / MA50: | +23.08% | |
| Price / MA100: | +71.54% | |
| Price / MAexp7: | +4.02% | |
| Price / MAexp20: | +6.41% | |
| Price / MAexp50: | +6.54% | |
| Price / MAexp100: | +4.64% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
Don't forget to follow the news on SYNBIOTIC SENA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: Multi-entrepreneur Frank Otto invests in SynBiotic SE: The Munich-based company acquires majority stake in CannaCare Health and appoints Daniel Kruse as CEO
- EQS-News: SynBiotic SE attracts Canopy Growth founder Bruce Linton as Chairman of newly created Advisory Board
- SynBiotic SE Attracts Canopy Growth Founder Bruce Linton as Chairman of Newly Created Advisory Board
- EQS-News: SynBiotic SE completes successfully capital increase and places all new shares
- EQS-News: SynBiotic SE: “Like winning the lottery” - SynBiotic SE comments on key points paper (“Eckpunktepapier”)
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SYNBIOTIC SENA O.N. - 1H