ADYEN - 1H - Technical analysis published on 11/17/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 963.8 EUR
My targets
1,048.1 EUR (+0.55%)
1,155.4 EUR (+10.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ADYEN as long as the price remains well above 963.8 EUR. The buyers' bullish objective is set at 1,048.1 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,155.4 EUR. If there is any crossing, the next objective would be the resistance located at 1,326.2 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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Additional analysis
Quotes
The ADYEN price is 1,042.4 EUR. On the day, this instrument gained +2.68% with the lowest point at 1,010.0 EUR and the highest point at 1,043.4 EUR. The deviation from the price is +3.21% for the low point and -0.10% for the high point.1,010.0
1,043.4
1,042.4
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ADYEN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
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
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 893.8 | 963.8 | 1,037.9 | 1,042.4 | 1,155.4 | 1,326.2 | 1,460.9 |
| Change (%) | -14.26% | -7.54% | -0.43% | - | +10.84% | +27.23% | +40.15% |
| Change | -148.6 | -78.6 | -4.5 | - | +113.0 | +283.8 | +418.5 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 971.9 | 989.9 | 1,002.5 | 1,020.5 | 1,033.1 | 1,051.1 | 1,063.7 |
| Camarilla | 1,006.8 | 1,009.6 | 1,012.4 | 1,015.2 | 1,018.0 | 1,020.8 | 1,023.6 |
| Woodie | 969.3 | 988.6 | 999.9 | 1,019.2 | 1,030.5 | 1,049.8 | 1,061.1 |
| Fibonacci | 989.9 | 1,001.6 | 1,008.8 | 1,020.5 | 1,032.2 | 1,039.4 | 1,051.1 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 431.1 | 543.2 | 739.6 | 851.7 | 1,048.1 | 1,160.2 | 1,356.6 |
| Camarilla | 851.2 | 879.4 | 907.7 | 936.0 | 964.3 | 992.6 | 1,020.8 |
| Woodie | 473.3 | 564.3 | 781.8 | 872.8 | 1,090.3 | 1,181.3 | 1,398.8 |
| Fibonacci | 543.2 | 661.1 | 733.9 | 851.7 | 969.6 | 1,042.4 | 1,160.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 403.3 | 503.0 | 568.5 | 668.2 | 733.7 | 833.4 | 898.9 |
| Camarilla | 588.5 | 603.6 | 618.8 | 633.9 | 649.0 | 664.2 | 679.3 |
| Woodie | 386.1 | 494.5 | 551.3 | 659.7 | 716.5 | 824.9 | 881.7 |
| Fibonacci | 503.0 | 566.1 | 605.1 | 668.2 | 731.3 | 770.3 | 833.4 |
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): | 63.80 | |
| MACD (12,26,9): | 11.3000 | |
| Directional Movement: | 18.7 | |
| AROON (14): | 14.3 | |
| DEMA (21): | 1,038.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,009.1 | |
| Elder Ray (13): | 9.7 | |
| Super Trend (3,10): | 1,000.4 | |
| Zig ZAG (10): | 1,039.8 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 87.80 | |
| TEMA (21): | 1,025.0 | |
| Williams %R (14): | -3.00 | |
| Chande Momentum Oscillator (20): | 12.0 | |
| Repulse (5,40,3): | 1.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 0.70 |
| MA7: | 1,000.8 | |
| MA20: | 783.6 | |
| MA50: | 731.2 | |
| MA100: | 1,013.2 | |
| MAexp7: | 1,029.2 | |
| MAexp20: | 1,021.2 | |
| MAexp50: | 974.6 | |
| MAexp100: | 896.1 | |
| Price / MA7: | +4.16% | |
| Price / MA20: | +33.03% | |
| Price / MA50: | +42.56% | |
| Price / MA100: | +2.88% | |
| Price / MAexp7: | +1.28% | |
| Price / MAexp20: | +2.08% | |
| Price / MAexp50: | +6.96% | |
| Price / MAexp100: | +16.33% |
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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