SWISSCOM N - Daily - Technical analysis published on 05/27/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 506.1 CHF
My targets
466.0 CHF (-5.21%)
460.8 CHF (-6.26%)
My analysis
SWISSCOM N is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 506.1 CHF. The next support located at 466.0 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 460.8 CHF. Below this support, sellers could then target 357.3 CHF. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SWISSCOM N rating 491.6 CHF. The price registered a decrease of -0.08% on the session with the lowest point at 491.4 CHF and the highest point at 492.8 CHF. The deviation from the price is +0.04% for the low point and -0.24% for the high point.491.4
492.8
491.6
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SWISSCOM N chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 318.9 | 357.3 | 466.0 | 491.6 | 497.4 | 506.1 | 523.0 |
| Change (%) | -35.13% | -27.32% | -5.21% | - | +1.18% | +2.95% | +6.39% |
| Change | -172.7 | -134.3 | -25.6 | - | +5.8 | +14.5 | +31.4 |
| Level | Minor | Minor | Major | - | Intermediate | Major | 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 | 487.1 | 488.9 | 490.5 | 492.3 | 493.9 | 495.7 | 497.3 |
| Camarilla | 491.1 | 491.4 | 491.7 | 492.0 | 492.3 | 492.6 | 492.9 |
| Woodie | 486.9 | 488.9 | 490.3 | 492.3 | 493.7 | 495.7 | 497.1 |
| Fibonacci | 488.9 | 490.2 | 491.0 | 492.3 | 493.6 | 494.4 | 495.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 474.0 | 482.4 | 487.2 | 495.6 | 500.4 | 508.8 | 513.6 |
| Camarilla | 488.4 | 489.6 | 490.8 | 492.0 | 493.2 | 494.4 | 495.6 |
| Woodie | 472.2 | 481.5 | 485.4 | 494.7 | 498.6 | 507.9 | 511.8 |
| Fibonacci | 482.4 | 487.4 | 490.6 | 495.6 | 500.6 | 503.8 | 508.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 460.8 | 481.2 | 492.3 | 512.7 | 523.8 | 544.2 | 555.3 |
| Camarilla | 494.8 | 497.7 | 500.6 | 503.5 | 506.4 | 509.3 | 512.2 |
| Woodie | 456.3 | 478.9 | 487.8 | 510.4 | 519.3 | 541.9 | 550.8 |
| Fibonacci | 481.2 | 493.2 | 500.6 | 512.7 | 524.7 | 532.1 | 544.2 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.40 | |
| MACD (12,26,9): | -5.0000 | |
| Directional Movement: | -15.7 | |
| AROON (14): | -57.2 | |
| DEMA (21): | 494.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 506.1 | |
| Elder Ray (13): | -6.1 | |
| Super Trend (3,10): | 506.9 | |
| Zig ZAG (10): | 491.6 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 13.90 | |
| TEMA (21): | 492.6 | |
| Williams %R (14): | -95.10 | |
| Chande Momentum Oscillator (20): | -4.2 | |
| Repulse (5,40,3): | -1.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.60 |
| MA7: | 497.0 | |
| MA20: | 499.5 | |
| MA50: | 513.8 | |
| MA100: | 512.0 | |
| MAexp7: | 495.7 | |
| MAexp20: | 500.9 | |
| MAexp50: | 507.6 | |
| MAexp100: | 512.4 | |
| Price / MA7: | -1.09% | |
| Price / MA20: | -1.58% | |
| Price / MA50: | -4.32% | |
| Price / MA100: | -3.98% | |
| Price / MAexp7: | -0.83% | |
| Price / MAexp20: | -1.86% | |
| Price / MAexp50: | -3.15% | |
| Price / MAexp100: | -4.06% |
Quotes :
-
15 min delayed data
-
Switzerland SWX Stocks
News
The last news published on SWISSCOM N at the time of the generation of this analysis was as follows:
- Neo Medical closes Swisscom Ventures-lead USD $20.6M financing round
- Swisscom Joins FreeMove
- Artificial Solutions and Swisscom Announce Partnership
- Artificial Solutions and Swisscom Announce Partnership
- Artificial Solutions and Swisscom Announce Partnership
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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