SWISS RE N

- CHF (-)

- 15 min delayed data - Switzerland SWX Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SREN
ISIN:	CH0126881561

SWISS RE N - Daily - Technical analysis published on 05/17/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 103.30 CHF

My targets

116.75 CHF (+6.52%)

My analysis

SWISS RE N is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 103.30 CHF. The next resistance located at 116.75 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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

The SWISS RE N rating is 109.60 CHF. On the day, this instrument gained +1.81% and was between 108.85 CHF and 110.30 CHF. This implies that the price is at +0.69% from its lowest and at -0.63% from its highest.

108.85

110.30

109.60

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SWISS RE N indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	98.98	103.30	108.04	109.60	116.75
Change (%)	-9.69%	-5.75%	-1.42%	-	+6.52%
Change	-10.62	-6.30	-1.56	-	+7.15
Level	Major	Major	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	102.15	103.65	105.65	107.15	109.15	110.65	112.65
Camarilla	106.69	107.01	107.33	107.65	107.97	108.29	108.61
Woodie	102.40	103.78	105.90	107.28	109.40	110.78	112.90
Fibonacci	103.65	104.99	105.81	107.15	108.49	109.31	110.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.87	97.90	101.98	104.01	108.09	110.12	114.20
Camarilla	104.37	104.93	105.49	106.05	106.61	107.17	107.73
Woodie	96.89	98.41	103.00	104.52	109.11	110.63	115.22
Fibonacci	97.90	100.24	101.68	104.01	106.35	107.79	110.12

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.88	84.30	92.06	104.48	112.24	124.66	132.42
Camarilla	94.27	96.12	97.97	99.82	101.67	103.52	105.37
Woodie	69.55	83.14	89.73	103.32	109.91	123.50	130.09
Fibonacci	84.30	92.01	96.77	104.48	112.19	116.95	124.66

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):	64.54
MACD (12,26,9):	0.3200
Directional Movement:	17.90
AROON (14):	100.00
DEMA (21):	103.84
Parabolic SAR (0,02-0,02-0,2):	101.68
Elder Ray (13):	5.21
Super Trend (3,10):	103.00
Zig ZAG (10):	109.60
VORTEX (21):	1.1500
Stochastique (14,3,5):	83.73
TEMA (21):	105.19
Williams %R (14):	-6.22
Chande Momentum Oscillator (20):	9.30
Repulse (5,40,3):	1.6600
ROCnROLL:	1
TRIX (15,9):	-0.1600
Courbe Coppock:	11.23

MA7:	105.51
MA20:	101.94
MA50:	107.12
MA100:	103.42
MAexp7:	105.68
MAexp20:	104.07
MAexp50:	104.58
MAexp100:	103.39
Price / MA7:	+3.88%
Price / MA20:	+7.51%
Price / MA50:	+2.32%
Price / MA100:	+5.98%
Price / MAexp7:	+3.71%
Price / MAexp20:	+5.31%
Price / MAexp50:	+4.80%
Price / MAexp100:	+6.01%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

News

Don't forget to follow the news on SWISS RE 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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