DSM FIRMENICH AG - Daily - Technical analysis published on 05/30/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 98.48 EUR
My targets
107.28 EUR (+2.17%)
111.31 EUR (+6.01%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 98.48 EUR remains possible. It is advisable to trade DSM FIRMENICH AG with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 98.48 EUR. The next bullish objective for buyers is set at 107.28 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 111.31 EUR. If there is any crossing, the next objective would be the resistance located at 116.51 EUR. PS: if there is a bearish break in the support located at 98.48 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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Additional analysis
Quotes
The DSM FIRMENICH AG rating is 105.00 EUR. The price registered a decrease of -0.29% on the session with the lowest point at 104.70 EUR and the highest point at 105.70 EUR. The deviation from the price is +0.29% for the low point and -0.66% for the high point.104.70
105.70
105.00
Here is a more detailed summary of the historical variations registered by DSM FIRMENICH AG:
Technical
Technical analysis of this Daily chart of DSM FIRMENICH AG indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 83.44 | 90.13 | 98.48 | 105.00 | 105.85 |
| Change (%) | -20.53% | -14.16% | -6.21% | - | +0.81% |
| Change | -21.56 | -14.87 | -6.52 | - | +0.85 |
| Level | Intermediate | Minor | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.78 | 103.07 | 104.18 | 105.47 | 106.58 | 107.87 | 108.98 |
| Camarilla | 104.64 | 104.86 | 105.08 | 105.30 | 105.52 | 105.74 | 105.96 |
| Woodie | 101.70 | 103.03 | 104.10 | 105.43 | 106.50 | 107.83 | 108.90 |
| Fibonacci | 103.07 | 103.98 | 104.55 | 105.47 | 106.38 | 106.95 | 107.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.17 | 100.18 | 103.07 | 107.08 | 109.97 | 113.98 | 116.87 |
| Camarilla | 104.05 | 104.69 | 105.32 | 105.95 | 106.58 | 107.22 | 107.85 |
| Woodie | 95.60 | 99.90 | 102.50 | 106.80 | 109.40 | 113.70 | 116.30 |
| Fibonacci | 100.18 | 102.82 | 104.45 | 107.08 | 109.72 | 111.35 | 113.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.82 | 92.85 | 98.05 | 102.08 | 107.28 | 111.31 | 116.51 |
| Camarilla | 100.70 | 101.55 | 102.39 | 103.24 | 104.09 | 104.93 | 105.78 |
| Woodie | 89.40 | 93.14 | 98.63 | 102.37 | 107.86 | 111.60 | 117.09 |
| Fibonacci | 92.85 | 96.38 | 98.56 | 102.08 | 105.61 | 107.79 | 111.31 |
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): | 50.48 | |
| MACD (12,26,9): | 0.9900 | |
| Directional Movement: | -0.60 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 106.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.97 | |
| Elder Ray (13): | -0.69 | |
| Super Trend (3,10): | 101.75 | |
| Zig ZAG (10): | 105.00 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 30.47 | |
| TEMA (21): | 106.74 | |
| Williams %R (14): | -79.22 | |
| Chande Momentum Oscillator (20): | -0.40 | |
| Repulse (5,40,3): | -1.4700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 4.20 |
| MA7: | 106.23 | |
| MA20: | 105.55 | |
| MA50: | 103.31 | |
| MA100: | 98.83 | |
| MAexp7: | 105.95 | |
| MAexp20: | 105.41 | |
| MAexp50: | 103.05 | |
| MAexp100: | 99.51 | |
| Price / MA7: | -1.16% | |
| Price / MA20: | -0.52% | |
| Price / MA50: | +1.64% | |
| Price / MA100: | +6.24% | |
| Price / MAexp7: | -0.90% | |
| Price / MAexp20: | -0.39% | |
| Price / MAexp50: | +1.89% | |
| Price / MAexp100: | +5.52% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on DSM FIRMENICH AG at the time of the generation of this analysis was as follows:
- dsm-firmenich completes the divestiture of its Jiangshan Vitamin C plant in China
- dsm-firmenich reports full year 2023 results
- dsm-firmenich completes voluntary cash offer for DSM shares
- dsm-firmenich makes voluntary cash offer for DSM shares
- dsm-firmenich Q3 2023 trading update
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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