CHERRY SEO.N. - Daily - Technical analysis published on 06/04/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 2.503 EUR
My targets
1.952 EUR (-11.29%)
1.792 EUR (-18.56%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CHERRY SEO.N. as long as the price remains well below 2.503 EUR. The next bearish objective for sellers is set at 1.952 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1.792 EUR. If there is any crossing, the next objective would be the support located at 1.630 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.5
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 CHERRY SEO.N. rating is 2.200 EUR. The price registered a decrease of -4.35% on the session and was between 2.100 EUR and 2.295 EUR. This implies that the price is at +4.76% from its lowest and at -4.14% from its highest.2.100
2.295
2.200
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHERRY SEO.N. in Daily shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.630 | 1.934 | 2.200 | 2.876 | 3.595 | 4.422 |
| Change (%) | -25.91% | -12.09% | - | +30.73% | +63.41% | +101.00% |
| Change | -0.570 | -0.266 | - | +0.676 | +1.395 | +2.222 |
| Level | Major | Intermediate | - | Intermediate | 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 | 2.050 | 2.110 | 2.205 | 2.265 | 2.360 | 2.420 | 2.515 |
| Camarilla | 2.257 | 2.272 | 2.286 | 2.300 | 2.314 | 2.328 | 2.343 |
| Woodie | 2.068 | 2.119 | 2.223 | 2.274 | 2.378 | 2.429 | 2.533 |
| Fibonacci | 2.110 | 2.169 | 2.206 | 2.265 | 2.324 | 2.361 | 2.420 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.792 | 1.973 | 2.137 | 2.318 | 2.482 | 2.663 | 2.827 |
| Camarilla | 2.205 | 2.237 | 2.268 | 2.300 | 2.332 | 2.363 | 2.395 |
| Woodie | 1.783 | 1.969 | 2.128 | 2.314 | 2.473 | 2.659 | 2.818 |
| Fibonacci | 1.973 | 2.105 | 2.187 | 2.318 | 2.450 | 2.532 | 2.663 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.052 | 1.603 | 1.952 | 2.503 | 2.852 | 3.403 | 3.752 |
| Camarilla | 2.053 | 2.135 | 2.218 | 2.300 | 2.383 | 2.465 | 2.548 |
| Woodie | 0.950 | 1.553 | 1.850 | 2.453 | 2.750 | 3.353 | 3.650 |
| Fibonacci | 1.603 | 1.947 | 2.160 | 2.503 | 2.847 | 3.060 | 3.403 |
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): | 41.32 | |
| MACD (12,26,9): | -0.0030 | |
| Directional Movement: | -13.644 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 2.452 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.608 | |
| Elder Ray (13): | -0.200 | |
| Super Trend (3,10): | 2.707 | |
| Zig ZAG (10): | 2.200 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 14.94 | |
| TEMA (21): | 2.335 | |
| Williams %R (14): | -84.73 | |
| Chande Momentum Oscillator (20): | -0.410 | |
| Repulse (5,40,3): | 2.6960 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.5130 | |
| Courbe Coppock: | 28.70 |
| MA7: | 2.335 | |
| MA20: | 2.567 | |
| MA50: | 2.172 | |
| MA100: | 2.231 | |
| MAexp7: | 2.325 | |
| MAexp20: | 2.410 | |
| MAexp50: | 2.311 | |
| MAexp100: | 2.397 | |
| Price / MA7: | -5.78% | |
| Price / MA20: | -14.30% | |
| Price / MA50: | +1.29% | |
| Price / MA100: | -1.39% | |
| Price / MAexp7: | -5.38% | |
| Price / MAexp20: | -8.71% | |
| Price / MAexp50: | -4.80% | |
| Price / MAexp100: | -8.22% |
Quotes :
-
15 min delayed data
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Germany Stocks
News
The latest news and videos published on CHERRY SEO.N. at the time of the analysis were as follows:
- EQS-News: Cherry SE publishes financial statement on the first quarter of 2024 and confirms outlook for the year
- EQS-News: Cherry SE: Unavailability of the responsible auditor of the auditing firm RSM Ebner Stolz
- EQS-News: Cherry SE: Successful Analyst and Investor Day; preliminary figures for Q1 2024 above own forecast and market expectations; outlook for the current year confirmed
- EQS-News: Cherry SE: Revaluation of assets
- EQS-Adhoc: Cherry SE: Cherry SE recognizes asset impairment for 2023; no impact on preliminary adjusted 2023 EBITDA and cash flow position as well as the forecast for the 2024 financial year
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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