ADYEN - 1H - Technical analysis published on 02/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 1,376.5 EUR
My targets
1,337.2 EUR (-1.76%)
1,274.6 EUR (-6.36%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ADYEN, which is a positive signal for sellers. As long as the price remains above 1,376.5 EUR, a sale could be considered. The first bearish objective is located at 1,337.2 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,274.6 EUR as an objective. Crossing it would then enable sellers to target 1,240.6 EUR. If the price were to return above 1,376.5 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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Additional analysis
Quotes
ADYEN rating 1,361.2 EUR. The price has increased by +2.64% since the last closing and was between 1,328.4 EUR and 1,361.4 EUR. This implies that the price is at +2.47% from its lowest and at -0.01% from its highest.1,328.4
1,361.4
1,361.2
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ADYEN indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,240.6 | 1,274.6 | 1,337.2 | 1,361.2 | 1,436.4 | 1,566.4 | 1,603.9 |
| Change (%) | -8.86% | -6.36% | -1.76% | - | +5.52% | +15.07% | +17.83% |
| Change | -120.6 | -86.6 | -24.0 | - | +75.2 | +205.2 | +242.7 |
| Level | Major | Intermediate | Minor | - | Major | Minor | 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 | 1,208.2 | 1,264.6 | 1,295.4 | 1,351.8 | 1,382.6 | 1,439.0 | 1,469.8 |
| Camarilla | 1,302.2 | 1,310.2 | 1,318.2 | 1,326.2 | 1,334.2 | 1,342.2 | 1,350.2 |
| Woodie | 1,195.4 | 1,258.2 | 1,282.6 | 1,345.4 | 1,369.8 | 1,432.6 | 1,457.0 |
| Fibonacci | 1,264.6 | 1,297.9 | 1,318.5 | 1,351.8 | 1,385.1 | 1,405.7 | 1,439.0 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,109.3 | 1,215.1 | 1,270.7 | 1,376.5 | 1,432.1 | 1,537.9 | 1,593.5 |
| Camarilla | 1,281.8 | 1,296.6 | 1,311.4 | 1,326.2 | 1,341.0 | 1,355.8 | 1,370.6 |
| Woodie | 1,084.1 | 1,202.6 | 1,245.5 | 1,364.0 | 1,406.9 | 1,525.4 | 1,568.3 |
| Fibonacci | 1,215.1 | 1,276.8 | 1,314.9 | 1,376.5 | 1,438.2 | 1,476.3 | 1,537.9 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,059.7 | 1,151.3 | 1,264.5 | 1,356.1 | 1,469.3 | 1,560.9 | 1,674.1 |
| Camarilla | 1,321.3 | 1,340.1 | 1,358.8 | 1,377.6 | 1,396.4 | 1,415.2 | 1,433.9 |
| Woodie | 1,070.4 | 1,156.7 | 1,275.2 | 1,361.5 | 1,480.0 | 1,566.3 | 1,684.8 |
| Fibonacci | 1,151.3 | 1,229.6 | 1,277.9 | 1,356.1 | 1,434.4 | 1,482.7 | 1,560.9 |
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): | 38.80 | |
| MACD (12,26,9): | -19.1000 | |
| Directional Movement: | -10.8 | |
| AROON (14): | -64.3 | |
| DEMA (21): | 1,345.7 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,361.0 | |
| Elder Ray (13): | -4.2 | |
| Super Trend (3,10): | 1,382.5 | |
| Zig ZAG (10): | 1,357.6 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 39.50 | |
| TEMA (21): | 1,339.0 | |
| Williams %R (14): | -56.90 | |
| Chande Momentum Oscillator (20): | -23.2 | |
| Repulse (5,40,3): | 0.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 7.70 |
| MA7: | 1,407.7 | |
| MA20: | 1,426.3 | |
| MA50: | 1,367.8 | |
| MA100: | 1,392.8 | |
| MAexp7: | 1,353.8 | |
| MAexp20: | 1,371.1 | |
| MAexp50: | 1,396.4 | |
| MAexp100: | 1,406.0 | |
| Price / MA7: | -3.30% | |
| Price / MA20: | -4.56% | |
| Price / MA50: | -0.48% | |
| Price / MA100: | -2.27% | |
| Price / MAexp7: | +0.55% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -2.52% | |
| Price / MAexp100: | -3.19% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on ADYEN at the time of the generation of this analysis was as follows:
- DGAP-News: Adyen Expands Global Acquiring Capabilities to Malaysia
- Michael Hill Helps Customers Continue to Celebrate Life’s Special Moments
- Easi Partners With Adyen to Help Deliver Secure Payment Experiences
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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