NORDSON CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NDSN
ISIN:

NORDSON CORP. - 1H - Technical analysis published on 03/01/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 269.63 USD

My targets

263.67 USD (-0.65%)

260.74 USD (-1.75%)

My analysis

NORDSON CORP. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 269.63 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 263.67 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 260.74 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 257.83 USD. Beware of a possible return to above the resistance located at 269.63 USD which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

4.6

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NORDSON CORP. price is 265.39 USD. The price is lower by -0.10% since the last closing with the lowest point at 264.55 USD and the highest point at 266.57 USD. The deviation from the price is +0.32% for the low point and -0.44% for the high point.

264.55

266.57

265.39

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NORDSON CORP.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NORDSON CORP. in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

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

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	257.83	260.74	263.67	265.39	265.81	269.63	275.67
Change (%)	-2.85%	-1.75%	-0.65%	-	+0.16%	+1.60%	+3.87%
Change	-7.56	-4.65	-1.72	-	+0.42	+4.24	+10.28
Level	Intermediate	Minor	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	259.05	261.92	263.78	266.65	268.51	271.38	273.24
Camarilla	264.35	264.78	265.22	265.65	266.08	266.52	266.95
Woodie	258.56	261.67	263.29	266.40	268.02	271.13	272.75
Fibonacci	261.92	263.72	264.84	266.65	268.45	269.57	271.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	249.48	255.11	264.41	270.04	279.34	284.97	294.27
Camarilla	269.60	270.97	272.34	273.71	275.08	276.45	277.82
Woodie	251.32	256.03	266.25	270.96	281.18	285.89	296.11
Fibonacci	255.11	260.81	264.34	270.04	275.74	279.27	284.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	225.42	237.48	251.56	263.62	277.70	289.76	303.84
Camarilla	258.46	260.86	263.25	265.65	268.05	270.44	272.84
Woodie	226.44	237.99	252.58	264.13	278.72	290.27	304.86
Fibonacci	237.48	247.46	253.63	263.62	273.60	279.77	289.76

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):	36.81
MACD (12,26,9):	-0.8500
Directional Movement:	-18.54
AROON (14):	-21.43
DEMA (21):	266.44
Parabolic SAR (0,02-0,02-0,2):	269.24
Elder Ray (13):	-1.95
Super Trend (3,10):	269.71
Zig ZAG (10):	264.55
VORTEX (21):	0.9000
Stochastique (14,3,5):	14.24
TEMA (21):	265.61
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-3.05
Repulse (5,40,3):	-0.8500
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	0.61

MA7:	269.05
MA20:	263.27
MA50:	257.85
MA100:	242.43
MAexp7:	266.27
MAexp20:	267.49
MAexp50:	267.72
MAexp100:	265.63
Price / MA7:	-1.36%
Price / MA20:	+0.81%
Price / MA50:	+2.92%
Price / MA100:	+9.47%
Price / MAexp7:	-0.33%
Price / MAexp20:	-0.79%
Price / MAexp50:	-0.87%
Price / MAexp100:	-0.09%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on NORDSON CORP.. At the time of publication of this analysis, the latest news was as follows:

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

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