ADYEN - 1H - Technical analysis published on 10/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 724.0 EUR
My targets
739.0 EUR (+1.08%)
775.8 EUR (+6.11%)
My analysis
The bullish trend is currently very strong on ADYEN. As long as the price remains above the support at 724.0 EUR, you could try to benefit from the boom. The first bullish objective is located at 739.0 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 775.8 EUR as an objective. Crossing it would then enable buyers to target 1,282.5 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
0
10
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ADYEN price is 731.1 EUR. The price registered an increase of +3.29% on the session and was between 719.9 EUR and 737.9 EUR. This implies that the price is at +1.56% from its lowest and at -0.92% from its highest.719.9
737.9
731.1
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ADYEN indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 652.1 | 682.6 | 724.0 | 731.1 | 739.0 | 775.8 | 1,282.5 |
| Change (%) | -10.81% | -6.63% | -0.97% | - | +1.08% | +6.11% | +75.42% |
| Change | -79.0 | -48.5 | -7.1 | - | +7.9 | +44.7 | +551.4 |
| Level | Minor | Major | Major | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 675.4 | 687.4 | 697.6 | 709.6 | 719.8 | 731.8 | 742.0 |
| Camarilla | 701.7 | 703.7 | 705.8 | 707.8 | 709.8 | 711.9 | 713.9 |
| Woodie | 674.5 | 687.0 | 696.7 | 709.2 | 718.9 | 731.4 | 741.1 |
| Fibonacci | 687.4 | 695.9 | 701.1 | 709.6 | 718.1 | 723.3 | 731.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 575.8 | 603.5 | 654.6 | 682.3 | 733.4 | 761.1 | 812.2 |
| Camarilla | 684.0 | 691.3 | 698.5 | 705.7 | 712.9 | 720.2 | 727.4 |
| Woodie | 587.5 | 609.4 | 666.3 | 688.2 | 745.1 | 767.0 | 823.9 |
| Fibonacci | 603.5 | 633.6 | 652.2 | 682.3 | 712.4 | 731.0 | 761.1 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 427.9 | 524.4 | 615.0 | 711.5 | 802.1 | 898.6 | 989.2 |
| Camarilla | 654.3 | 671.4 | 688.6 | 705.7 | 722.9 | 740.0 | 757.2 |
| Woodie | 425.1 | 522.9 | 612.2 | 710.0 | 799.3 | 897.1 | 986.4 |
| Fibonacci | 524.4 | 595.8 | 640.0 | 711.5 | 782.9 | 827.1 | 898.6 |
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): | 67.10 | |
| MACD (12,26,9): | 6.2000 | |
| Directional Movement: | 23.5 | |
| AROON (14): | 71.5 | |
| DEMA (21): | 719.1 | |
| Parabolic SAR (0,02-0,02-0,2): | 704.8 | |
| Elder Ray (13): | 15.4 | |
| Super Trend (3,10): | 703.4 | |
| Zig ZAG (10): | 731.7 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 69.70 | |
| TEMA (21): | 720.9 | |
| Williams %R (14): | -17.00 | |
| Chande Momentum Oscillator (20): | 32.4 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 4.00 |
| MA7: | 702.2 | |
| MA20: | 685.2 | |
| MA50: | 950.8 | |
| MA100: | 1,251.3 | |
| MAexp7: | 719.2 | |
| MAexp20: | 711.6 | |
| MAexp50: | 701.0 | |
| MAexp100: | 693.8 | |
| Price / MA7: | +4.12% | |
| Price / MA20: | +6.70% | |
| Price / MA50: | -23.11% | |
| Price / MA100: | -41.57% | |
| Price / MAexp7: | +1.65% | |
| Price / MAexp20: | +2.74% | |
| Price / MAexp50: | +4.29% | |
| Price / MAexp100: | +5.38% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
Don't forget to follow the news on ADYEN. At the time of publication of this analysis, the latest news 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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