PROSIEBENSAT.1NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	PSM
ISIN:	DE000PSM7770

PROSIEBENSAT.1NA O.N. - 1H - Technical analysis published on 04/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 7.378 EUR

My targets

7.979 EUR (+7.46%)

8.182 EUR (+10.20%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROSIEBENSAT.1NA O.N. as long as the price remains well above 7.378 EUR. The buyers' bullish objective is set at 7.979 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.182 EUR. If there is any crossing, the next objective would be the resistance located at 8.545 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.9

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.

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Additional analysis

Quotes

PROSIEBENSAT.1NA O.N. rating 7.425 EUR. On the day, this instrument gained +3.48% with the lowest point at 7.155 EUR and the highest point at 7.475 EUR. The deviation from the price is +3.77% for the low point and -0.67% for the high point.

7.155

7.475

7.425

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PROSIEBENSAT.1NA O.N.:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this PROSIEBENSAT.1NA O.N. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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 harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.648	6.904	7.378	7.425	8.182	8.545	9.052
Change (%)	-10.46%	-7.02%	-0.63%	-	+10.20%	+15.08%	+21.91%
Change	-0.777	-0.521	-0.047	-	+0.757	+1.120	+1.627
Level	Major	Minor	Minor	-	Minor	Minor	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	6.358	6.562	6.868	7.072	7.378	7.582	7.888
Camarilla	7.035	7.082	7.128	7.175	7.222	7.269	7.315
Woodie	6.410	6.588	6.920	7.098	7.430	7.608	7.940
Fibonacci	6.562	6.757	6.877	7.072	7.267	7.387	7.582

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.163	6.317	6.513	6.667	6.863	7.017	7.213
Camarilla	6.614	6.646	6.678	6.710	6.742	6.774	6.806
Woodie	6.185	6.328	6.535	6.678	6.885	7.028	7.235
Fibonacci	6.317	6.450	6.533	6.667	6.800	6.883	7.017

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.973	5.437	5.975	6.439	6.977	7.441	7.979
Camarilla	6.237	6.328	6.420	6.512	6.604	6.696	6.788
Woodie	5.009	5.456	6.011	6.458	7.013	7.460	8.015
Fibonacci	5.437	5.820	6.057	6.439	6.822	7.059	7.441

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):	80.66
MACD (12,26,9):	0.1760
Directional Movement:	38.023
AROON (14):	78.571
DEMA (21):	7.270
Parabolic SAR (0,02-0,02-0,2):	7.155
Elder Ray (13):	0.279
Super Trend (3,10):	7.119
Zig ZAG (10):	7.435
VORTEX (21):	1.2610
Stochastique (14,3,5):	91.60
TEMA (21):	7.351
Williams %R (14):	-10.46
Chande Momentum Oscillator (20):	0.685
Repulse (5,40,3):	0.8390
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	14.97

MA7:	6.833
MA20:	6.540
MA50:	6.252
MA100:	6.016
MAexp7:	7.260
MAexp20:	7.056
MAexp50:	6.831
MAexp100:	6.658
Price / MA7:	+8.66%
Price / MA20:	+13.53%
Price / MA50:	+18.76%
Price / MA100:	+23.42%
Price / MAexp7:	+2.27%
Price / MAexp20:	+5.23%
Price / MAexp50:	+8.70%
Price / MAexp100:	+11.52%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on PROSIEBENSAT.1NA O.N.. 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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