PORSCHE AUTOM.HLDG VZO - Daily - Technical analysis published on 10/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 58.57 EUR
My targets
54.66 EUR (-5.79%)
50.37 EUR (-13.19%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on PORSCHE AUTOM.HLDG VZO as long as the price remains well below 58.57 EUR. The next bearish objective for sellers is set at 54.66 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 50.37 EUR. In case of crossing, the next objective would be the support located at 43.70 EUR.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.6
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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 PORSCHE AUTOM.HLDG VZO rating is 58.02 EUR. The price registered a decrease of -0.17% on the session and was between 57.20 EUR and 58.24 EUR. This implies that the price is at +1.43% from its lowest and at -0.38% from its highest.57.20
58.24
58.02
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of PORSCHE AUTOM.HLDG VZO indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals 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 : Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
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 these results:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43.70 | 50.37 | 54.66 | 58.02 | 58.57 | 59.93 | 63.18 |
| Change (%) | -24.68% | -13.19% | -5.79% | - | +0.95% | +3.29% | +8.89% |
| Change | -14.32 | -7.65 | -3.36 | - | +0.55 | +1.91 | +5.16 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
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 | 56.29 | 56.65 | 57.39 | 57.75 | 58.49 | 58.85 | 59.59 |
| Camarilla | 57.82 | 57.92 | 58.02 | 58.12 | 58.22 | 58.32 | 58.42 |
| Woodie | 56.47 | 56.75 | 57.57 | 57.85 | 58.67 | 58.95 | 59.77 |
| Fibonacci | 56.65 | 57.07 | 57.33 | 57.75 | 58.17 | 58.43 | 58.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.98 | 55.00 | 56.56 | 58.58 | 60.14 | 62.16 | 63.72 |
| Camarilla | 57.14 | 57.46 | 57.79 | 58.12 | 58.45 | 58.78 | 59.10 |
| Woodie | 52.75 | 54.89 | 56.33 | 58.47 | 59.91 | 62.05 | 63.49 |
| Fibonacci | 55.00 | 56.37 | 57.21 | 58.58 | 59.95 | 60.79 | 62.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.21 | 53.89 | 56.79 | 59.47 | 62.37 | 65.05 | 67.95 |
| Camarilla | 58.17 | 58.68 | 59.19 | 59.70 | 60.21 | 60.72 | 61.23 |
| Woodie | 51.33 | 53.95 | 56.91 | 59.53 | 62.49 | 65.11 | 68.07 |
| Fibonacci | 53.89 | 56.02 | 57.34 | 59.47 | 61.60 | 62.92 | 65.05 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.11 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -4.67 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 59.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.76 | |
| Elder Ray (13): | -1.31 | |
| Super Trend (3,10): | 57.79 | |
| Zig ZAG (10): | 57.96 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 13.96 | |
| TEMA (21): | 58.81 | |
| Williams %R (14): | -80.08 | |
| Chande Momentum Oscillator (20): | -2.80 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 7.35 |
| MA7: | 58.60 | |
| MA20: | 59.96 | |
| MA50: | 58.36 | |
| MA100: | 57.71 | |
| MAexp7: | 58.60 | |
| MAexp20: | 59.13 | |
| MAexp50: | 58.74 | |
| MAexp100: | 58.08 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | -3.24% | |
| Price / MA50: | -0.58% | |
| Price / MA100: | +0.54% | |
| Price / MAexp7: | -0.99% | |
| Price / MAexp20: | -1.88% | |
| Price / MAexp50: | -1.23% | |
| Price / MAexp100: | -0.10% |
News
Don"t forget to follow the news on PORSCHE AUTOM.HLDG VZO. At the time of publication of this analysis, the latest news was as follows:
- DGAP-Adhoc: Porsche Automobil Holding SE: Adjustment of Porsche SE's earnings guidance due to negative special items
- DGAP-Adhoc: Porsche Automobil Holding SE: Porsche SE purchases approximately 97 percent of the shares in PTV Planung Transport Verkehr AG
- DGAP-Adhoc: Porsche Automobil Holding SE: Change in the shareholder structure
- DGAP-Adhoc: Porsche Automobil Holding SE: Potential change in the shareholder structure
- DGAP-Adhoc: Porsche Automobil Holding SE: Expected settlement between Volkswagen and the US Department of Justice will affect group result of Porsche SE for the fiscal year 2016
This member declared not having a position on this financial instrument or a related financial instrument.
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