SYMRISE AG INH. O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SY1
ISIN:	DE000SYM9999

SYMRISE AG INH. O.N. - Daily - Technical analysis published on 10/15/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 81.46 EUR

My targets

87.27 EUR (+0.24%)

89.84 EUR (+3.19%)

My analysis

The basic bullish trend is very strong on SYMRISE AG INH. O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 81.46 EUR. Crossing the first resistance at 87.27 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 89.84 EUR as an objective. Caution, a return to below 81.46 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

FORCE

4.8

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

SYMRISE AG INH. O.N. rating 87.06 EUR. The price has increased by +1.59% since the last closing and was between 85.58 EUR and 87.08 EUR. This implies that the price is at +1.73% from its lowest and at -0.02% from its highest.

85.58

87.08

87.06

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SYMRISE AG INH. O.N. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

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:

Pivot points : price is over resistance 2

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 this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	76.91	79.14	81.46	87.06	87.27	89.84
Change (%)	-11.66%	-9.10%	-6.43%	-	+0.24%	+3.19%
Change	-10.15	-7.92	-5.60	-	+0.21	+2.78
Level	Minor	Intermediate	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	83.71	84.27	84.99	85.55	86.27	86.83	87.55
Camarilla	85.35	85.47	85.58	85.70	85.82	85.94	86.05
Woodie	83.78	84.31	85.06	85.59	86.34	86.87	87.62
Fibonacci	84.27	84.76	85.06	85.55	86.04	86.34	86.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.84	82.04	83.68	85.88	87.52	89.72	91.36
Camarilla	84.26	84.62	84.97	85.32	85.67	86.02	86.38
Woodie	79.56	81.90	83.40	85.74	87.24	89.58	91.08
Fibonacci	82.04	83.51	84.41	85.88	87.35	88.25	89.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.52	82.52	85.84	87.84	91.16	93.16	96.48
Camarilla	87.70	88.19	88.67	89.16	89.65	90.14	90.62
Woodie	81.18	82.85	86.50	88.17	91.82	93.49	97.14
Fibonacci	82.52	84.55	85.81	87.84	89.87	91.13	93.16

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):	52.55
MACD (12,26,9):	0.0000
Directional Movement:	1.37
AROON (14):	-35.72
DEMA (21):	86.62
Parabolic SAR (0,02-0,02-0,2):	88.39
Elder Ray (13):	-0.07
Super Trend (3,10):	90.38
Zig ZAG (10):	86.84
VORTEX (21):	0.9300
Stochastique (14,3,5):	28.56
TEMA (21):	85.97
Williams %R (14):	-57.33
Chande Momentum Oscillator (20):	-2.18
Repulse (5,40,3):	1.0200
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	5.43

MA7:	85.86
MA20:	87.10
MA50:	85.00
MA100:	84.96
MAexp7:	86.06
MAexp20:	86.40
MAexp50:	85.70
MAexp100:	84.55
Price / MA7:	+1.40%
Price / MA20:	-0.05%
Price / MA50:	+2.42%
Price / MA100:	+2.47%
Price / MAexp7:	+1.16%
Price / MAexp20:	+0.76%
Price / MAexp50:	+1.59%
Price / MAexp100:	+2.97%

News

Don"t forget to follow the news on SYMRISE AG INH. 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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