HELVETIA HOLDING N - Daily - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bullish
Technical indicators
17%
44%
39%
My opinion
Neutral between 134.30 CHF and 138.40 CHF
My targets
-
My analysis
The current short-term bearish trend is in contrast to the bullish trend. HELVETIA HOLDING N is apparently trying to reverse the trend. The return to a neutral and then bearish trend should not be long in coming if the current decline continues. What is currently happening on HELVETIA HOLDING N basics that the price is plunging so much? In such a situation, it would be feasible to stay away from HELVETIA HOLDING N or not try to counterbalance this current drop in the short term. If there is a sale, the sellers could use the support located at 134.30 CHF as an objective. Sellers could then target the support located at 129.50 CHF. If there is any crossing, the next objective would be support 122.69 CHF. Attention should be paid to the price reaction at the start of the supports as trend traders may consider resuming purchases if the basic trend has not been able to ease or if the short term has itself become excessive.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HELVETIA HOLDING N price is 137.00 CHF. The price registered a decrease of -0.22% on the session and was traded between 136.10 CHF and 137.50 CHF over the period. The price is currently at +0.66% from its lowest and -0.36% from its highest.136.10
137.50
137.00
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HELVETIA HOLDING N:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of HELVETIA HOLDING N indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that this trend could quickly be called into question. A phase of indecision or a reversal of the trend could occur. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
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:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 122.69 | 129.50 | 134.30 | 137.00 | 138.40 | 141.80 |
| Change (%) | -10.45% | -5.47% | -1.97% | - | +1.02% | +3.50% |
| Change | -14.31 | -7.50 | -2.70 | - | +1.40 | +4.80 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor |
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 | 135.80 | 136.60 | 137.20 | 138.00 | 138.60 | 139.40 | 140.00 |
| Camarilla | 137.42 | 137.54 | 137.67 | 137.80 | 137.93 | 138.06 | 138.19 |
| Woodie | 135.70 | 136.55 | 137.10 | 137.95 | 138.50 | 139.35 | 139.90 |
| Fibonacci | 136.60 | 137.14 | 137.47 | 138.00 | 138.54 | 138.87 | 139.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.53 | 134.37 | 136.23 | 139.07 | 140.93 | 143.77 | 145.63 |
| Camarilla | 136.81 | 137.24 | 137.67 | 138.10 | 138.53 | 138.96 | 139.39 |
| Woodie | 131.05 | 134.13 | 135.75 | 138.83 | 140.45 | 143.53 | 145.15 |
| Fibonacci | 134.37 | 136.16 | 137.27 | 139.07 | 140.86 | 141.97 | 143.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.53 | 130.07 | 134.23 | 137.77 | 141.93 | 145.47 | 149.63 |
| Camarilla | 136.28 | 136.99 | 137.69 | 138.40 | 139.11 | 139.81 | 140.52 |
| Woodie | 126.85 | 130.23 | 134.55 | 137.93 | 142.25 | 145.63 | 149.95 |
| Fibonacci | 130.07 | 133.01 | 134.83 | 137.77 | 140.71 | 142.53 | 145.47 |
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): | 44.83 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -4.10 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 138.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 140.78 | |
| Elder Ray (13): | -0.76 | |
| Super Trend (3,10): | 135.72 | |
| Zig ZAG (10): | 137.80 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 22.00 | |
| TEMA (21): | 137.96 | |
| Williams %R (14): | -82.00 | |
| Chande Momentum Oscillator (20): | -1.80 | |
| Repulse (5,40,3): | -0.5700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.58 |
| MA7: | 138.01 | |
| MA20: | 139.16 | |
| MA50: | 138.27 | |
| MA100: | 132.84 | |
| MAexp7: | 138.26 | |
| MAexp20: | 138.78 | |
| MAexp50: | 137.32 | |
| MAexp100: | 134.04 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | -1.55% | |
| Price / MA50: | -0.92% | |
| Price / MA100: | +3.13% | |
| Price / MAexp7: | -0.91% | |
| Price / MAexp20: | -1.28% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | +2.21% |
News
Don"t forget to follow the news on HELVETIA HOLDING N. At the time of publication of this analysis, the latest news was as follows:
- The Swiss Helvetia Fund, Inc. Announces Board Action On By-Law Amendments And Managed Distribution Policy
- The Swiss Helvetia Fund, Inc. Declares Income Distribution And Announces 2018 Stock Repurchase Program
- The Swiss Helvetia Fund, Inc. Announces New Class II Director
- The Swiss Helvetia Fund, Inc. Announces Preliminary Results Of 2017 Annual Stockholder Meeting
- The Swiss Helvetia Fund, Inc. Declares Income Distribution
This member declared not having a position on this financial instrument or a related financial instrument.
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