PARTEC AG NA O.N. - 1H - Technical analysis published on 03/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
61%
0%
39%
My opinion
Bullish above 123 EUR
My targets
138 EUR (+4.55%)
157 EUR (+18.94%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for PARTEC AGVNA O.N. as long as the price remains well above 123 EUR. The buyers' bullish objective is set at 138 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 157 EUR. If there is any crossing, the next objective would be the resistance located at 160 EUR.
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
0
10
3
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This analysis was given by Londinia.
Additional analysis
Quotes
The PARTEC AGVNA O.N. price is 132 EUR. The price has increased by +11.86% since the last closing and was traded between 120 EUR and 133 EUR over the period. The price is currently at +10.00% from its lowest and -0.75% from its highest.120
133
132
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of PARTEC AGVNA O.N. indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 79 | 109 | 123 | 132 | 138 | 160 | 177 |
| Change (%) | -40.15% | -17.42% | -6.82% | - | +4.55% | +21.21% | +34.09% |
| Change | -53 | -23 | -9 | - | +6 | +28 | +45 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105 | 111 | 115 | 121 | 125 | 131 | 135 |
| Camarilla | 115 | 116 | 117 | 118 | 119 | 120 | 121 |
| Woodie | 103 | 111 | 113 | 121 | 123 | 131 | 133 |
| Fibonacci | 111 | 115 | 118 | 121 | 125 | 128 | 131 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51 | 77 | 108 | 134 | 165 | 191 | 222 |
| Camarilla | 123 | 129 | 134 | 139 | 144 | 149 | 155 |
| Woodie | 54 | 78 | 111 | 135 | 168 | 192 | 225 |
| Fibonacci | 77 | 99 | 112 | 134 | 156 | 169 | 191 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -94 | -3 | 66 | 157 | 226 | 317 | 386 |
| Camarilla | 91 | 106 | 120 | 135 | 150 | 164 | 179 |
| Woodie | -105 | -9 | 55 | 152 | 215 | 312 | 375 |
| Fibonacci | -3 | 58 | 96 | 157 | 218 | 256 | 317 |
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): | 55.00 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4 | |
| AROON (14): | 29 | |
| DEMA (21): | 126 | |
| Parabolic SAR (0,02-0,02-0,2): | 119 | |
| Elder Ray (13): | 4 | |
| Super Trend (3,10): | 119 | |
| Zig ZAG (10): | 132 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 87.00 | |
| TEMA (21): | 128 | |
| Williams %R (14): | -7.00 | |
| Chande Momentum Oscillator (20): | 10 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 126 | |
| MA20: | 137 | |
| MA50: | 102 | |
| MA100: | 95 | |
| MAexp7: | 129 | |
| MAexp20: | 127 | |
| MAexp50: | 131 | |
| MAexp100: | 135 | |
| Price / MA7: | +4.76% | |
| Price / MA20: | -3.65% | |
| Price / MA50: | +29.41% | |
| Price / MA100: | +38.95% | |
| Price / MAexp7: | +2.33% | |
| Price / MAexp20: | +3.94% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | -2.22% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on PARTEC AGVNA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-Adhoc: ParTec AG: Valuation of the ParTec patent portfolio leads to significantly positive earnings contribution
- EQS-News: ParTec AG and Quantum Machines intensify successful cooperation
- EQS-News: ParTec AG wins the IPO Award of the German Stock Exchange for the best small-cap IPO
- EQS-News: ParTec AG: The German manufacturer ParTec AG sets a European milestone building the first Exascale supercomputer “JUPITER” in Jülich, Germany together with the French partner Eviden
- EQS-Adhoc: ParTec AG: ParTec AG expands value chain and positions itself even more broadly on the market as a complete integrator of quantum computers
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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