SWISSCOM N
SWISSCOM N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SCMN
ISIN: CH0008742519

SWISSCOM N - Daily - Technical analysis published on 09/02/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 532.5 CHF
My targets
553.7 CHF (+1.97%)
586.6 CHF (+8.03%)
My analysis
SWISSCOM 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 532.5 CHF. The next resistance located at 553.7 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 586.6 CHF. After this resistance, buyers could then target 619.4 CHF. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

SWISSCOM N rating 543.0 CHF. The price has increased by +1.21% since the last closing with the lowest point at 537.5 CHF and the highest point at 543.0 CHF. The deviation from the price is +1.02% for the low point and 0% for the high point.

537.5
543.0
543.0

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SWISSCOM N:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SWISSCOM N in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported 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:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 525.8 532.5 538.5 543.0 553.7 586.6 619.4
Change (%) -3.17% -1.93% -0.83% - +1.97% +8.03% +14.07%
Change -17.2 -10.5 -4.5 - +10.7 +43.6 +76.4
Level Minor Intermediate Intermediate - Major Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard530.7532.8534.7536.8538.7540.8542.7
Camarilla535.4535.8536.1536.5536.9537.2537.6
Woodie530.5532.8534.5536.8538.5540.8542.5
Fibonacci532.8534.4535.3536.8538.4539.3540.8


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard528.2530.8533.7536.3539.2541.8544.7
Camarilla535.0535.5536.0536.5537.0537.5538.0
Woodie528.3530.9533.8536.4539.3541.9544.8
Fibonacci530.8532.9534.2536.3538.4539.7541.8


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard494.0503.5520.0529.5546.0555.5572.0
Camarilla529.4531.7534.1536.5538.9541.3543.7
Woodie497.5505.3523.5531.3549.5557.3575.5
Fibonacci503.5513.4519.6529.5539.4545.6555.5

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): 66.30
MACD (12,26,9): 3.8000
Directional Movement: 13.0
AROON (14): 100.0
DEMA (21): 537.4
Parabolic SAR (0,02-0,02-0,2): 524.7
Elder Ray (13): 5.9
Super Trend (3,10): 526.1
Zig ZAG (10): 542.5
VORTEX (21): 1.0000
Stochastique (14,3,5): 84.30
TEMA (21): 537.7
Williams %R (14): -3.10
Chande Momentum Oscillator (20): 14.0
Repulse (5,40,3): 0.7000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 4.30
MA7: 536.8
MA20: 530.2
MA50: 524.9
MA100: 513.7
MAexp7: 536.8
MAexp20: 532.5
MAexp50: 525.5
MAexp100: 520.2
Price / MA7: +1.15%
Price / MA20: +2.41%
Price / MA50: +3.45%
Price / MA100: +5.70%
Price / MAexp7: +1.15%
Price / MAexp20: +1.97%
Price / MAexp50: +3.33%
Price / MAexp100: +4.38%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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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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