MAN SE ST O.N. - Daily - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
MAN SE ST O.N. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
61%
11%
28%
My opinion
Bullish above 41.22 EUR
My targets
47.74 EUR (+9.55%)
52.51 EUR (+20.49%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for MAN SE ST O.N. as long as the price remains well above 41.22 EUR. The buyers” bullish objective is set at 47.74 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 52.51 EUR. If there is any crossing, the next objective would be the resistance located at 57.50 EUR.
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
0
10
3.4
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The MAN SE ST O.N. price is 43.58 EUR. The price registered a decrease of -0.86% on the session and was between 43.20 EUR and 44.10 EUR. This implies that the price is at +0.88% from its lowest and at -1.18% from its highest.43.20
44.10
43.58
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this MAN SE ST O.N. chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 27.63 | 38.22 | 43.58 | 43.68 | 52.51 | 57.50 |
| Change (%) | -36.60% | -12.30% | - | +0.23% | +20.49% | +31.94% |
| Change | -15.95 | -5.36 | - | +0.10 | +8.93 | +13.92 |
| Level | Intermediate | Major | - | Intermediate | Minor | 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 | 43.53 | 43.71 | 43.83 | 44.01 | 44.13 | 44.31 | 44.43 |
| Camarilla | 43.88 | 43.91 | 43.93 | 43.96 | 43.99 | 44.02 | 44.04 |
| Woodie | 43.51 | 43.70 | 43.81 | 44.00 | 44.11 | 44.30 | 44.41 |
| Fibonacci | 43.71 | 43.82 | 43.89 | 44.01 | 44.12 | 44.19 | 44.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.09 | 42.73 | 43.29 | 43.93 | 44.49 | 45.13 | 45.69 |
| Camarilla | 43.53 | 43.64 | 43.75 | 43.86 | 43.97 | 44.08 | 44.19 |
| Woodie | 42.06 | 42.71 | 43.26 | 43.91 | 44.46 | 45.11 | 45.66 |
| Fibonacci | 42.73 | 43.19 | 43.47 | 43.93 | 44.39 | 44.67 | 45.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.96 | 39.24 | 41.22 | 42.50 | 44.48 | 45.76 | 47.74 |
| Camarilla | 42.30 | 42.60 | 42.90 | 43.20 | 43.50 | 43.80 | 44.10 |
| Woodie | 38.31 | 39.42 | 41.57 | 42.68 | 44.83 | 45.94 | 48.09 |
| Fibonacci | 39.24 | 40.49 | 41.26 | 42.50 | 43.75 | 44.52 | 45.76 |
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): | 59.05 | |
| MACD (12,26,9): | 0.6100 | |
| Directional Movement: | 8.64 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 43.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.56 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 41.87 | |
| Zig ZAG (10): | 43.58 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 74.88 | |
| TEMA (21): | 44.28 | |
| Williams %R (14): | -32.89 | |
| Chande Momentum Oscillator (20): | 1.74 | |
| Repulse (5,40,3): | -0.6500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 9.74 |
| MA7: | 43.86 | |
| MA20: | 42.86 | |
| MA50: | 41.64 | |
| MA100: | 43.94 | |
| MAexp7: | 43.72 | |
| MAexp20: | 43.08 | |
| MAexp50: | 42.82 | |
| MAexp100: | 45.39 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | +1.68% | |
| Price / MA50: | +4.66% | |
| Price / MA100: | -0.82% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | +1.16% | |
| Price / MAexp50: | +1.77% | |
| Price / MAexp100: | -3.99% |
News
The latest news and videos published on MAN SE ST O.N. at the time of the analysis were as follows:
- DGAP-Adhoc: MAN SE: Participation of TRATON SE
- DGAP-Adhoc: MAN SE: Power Engineering Business of MAN SE to be sold to a subsidiary of Volkswagen AG
- DGAP-Adhoc: MAN SE: Termination of the domination and profit and loss transfer agreement with MAN SE according to section 304 para 4 German Stock Cooperation Act (AktG) with effect as of 1 January 2019, 0.00 a.m.
- DGAP-Adhoc: MAN SE: Final decision in the appraisal proceedings (Spruchverfahren) regarding the domination and profit transfer agreement with Volkswagen Truck & Bus AG
This member declared not having a position on this financial instrument or a related financial instrument.
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