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. - Daily - Technical analysis published on 11/08/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 13.455 EUR

My targets

14.254 EUR (+4.62%)

14.734 EUR (+8.14%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on PROSIEBENSAT.1NA O.N.. This is a positive signal for buyers. As long as the price remains above 13.455 EUR, a purchase could be considered. The first bullish objective is located at 14.254 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.734 EUR as an objective. Crossing it would then enable buyers to target 15.630 EUR. In the event of a return below 13.455 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

FORCE

6.4

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

Additional analysis

Quotes

PROSIEBENSAT.1NA O.N. rating 13.625 EUR. The price registered a decrease of -3.03% on the session and was traded between 12.785 EUR and 13.740 EUR over the period. The price is currently at +6.57% from its lowest and -0.84% from its highest.

12.785

13.740

13.625

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of PROSIEBENSAT.1NA O.N. in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

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:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.760	12.521	13.455	13.625	14.254	14.734	15.630
Change (%)	-21.03%	-8.10%	-1.25%	-	+4.62%	+8.14%	+14.72%
Change	-2.865	-1.104	-0.170	-	+0.629	+1.109	+2.005
Level	Minor	Major	Major	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.557	13.723	13.887	14.053	14.217	14.383	14.547
Camarilla	13.959	13.990	14.020	14.050	14.080	14.111	14.141
Woodie	13.555	13.723	13.885	14.053	14.215	14.383	14.545
Fibonacci	13.723	13.849	13.927	14.053	14.179	14.257	14.383

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.360	12.710	12.980	13.330	13.600	13.950	14.220
Camarilla	13.080	13.136	13.193	13.250	13.307	13.364	13.421
Woodie	12.320	12.690	12.940	13.310	13.560	13.930	14.180
Fibonacci	12.710	12.947	13.093	13.330	13.567	13.713	13.950

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.793	10.817	12.028	13.052	14.263	15.287	16.498
Camarilla	12.625	12.830	13.035	13.240	13.445	13.650	13.855
Woodie	9.888	10.864	12.123	13.099	14.358	15.334	16.593
Fibonacci	10.817	11.670	12.198	13.052	13.905	14.433	15.287

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):	56.57
MACD (12,26,9):	0.2380
Directional Movement:	-4.563
AROON (14):	85.714
DEMA (21):	13.699
Parabolic SAR (0,02-0,02-0,2):	14.320
Elder Ray (13):	-0.259
Super Trend (3,10):	12.909
Zig ZAG (10):	13.625
VORTEX (21):	0.9970
Stochastique (14,3,5):	72.55
TEMA (21):	13.781
Williams %R (14):	-45.28
Chande Momentum Oscillator (20):	0.045
Repulse (5,40,3):	4.2140
ROCnROLL:	1
TRIX (15,9):	0.2350
Courbe Coppock:	9.36

MA7:	13.549
MA20:	13.357
MA50:	13.039
MA100:	12.741
MAexp7:	13.647
MAexp20:	13.395
MAexp50:	13.084
MAexp100:	13.179
Price / MA7:	+0.56%
Price / MA20:	+2.01%
Price / MA50:	+4.49%
Price / MA100:	+6.94%
Price / MAexp7:	-0.16%
Price / MAexp20:	+1.72%
Price / MAexp50:	+4.13%
Price / MAexp100:	+3.38%

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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