ROCHE BOBOIS - Daily - Technical analysis published on 09/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 17.21 EUR
My targets
16.00 EUR (-3.32%)
14.20 EUR (-14.20%)
My analysis
The bearish trend is currently very strong for ROCHE BOBOIS. As long as the price remains below the resistance at 17.21 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 16.00 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14.20 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ROCHE BOBOIS price is 16.55 EUR. On the day, this instrument gained +0.30% and was between 16.55 EUR and 16.55 EUR. This implies that the price is at 0% from its lowest and at 0% from its highest.16.55
16.55
16.55
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of ROCHE BOBOIS indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 14.20 | 16.00 | 16.55 | 17.21 | 17.80 | 18.75 |
| Change (%) | -14.20% | -3.32% | - | +3.99% | +7.55% | +13.29% |
| Change | -2.35 | -0.55 | - | +0.66 | +1.25 | +2.20 |
| Level | Minor | Intermediate | - | Minor | Intermediate | Minor |
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 | 16.17 | 16.33 | 16.42 | 16.58 | 16.67 | 16.83 | 16.92 |
| Camarilla | 16.43 | 16.45 | 16.48 | 16.50 | 16.52 | 16.55 | 16.57 |
| Woodie | 16.13 | 16.31 | 16.38 | 16.56 | 16.63 | 16.81 | 16.88 |
| Fibonacci | 16.33 | 16.43 | 16.49 | 16.58 | 16.68 | 16.74 | 16.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.33 | 15.37 | 15.93 | 16.97 | 17.53 | 18.57 | 19.13 |
| Camarilla | 16.06 | 16.21 | 16.35 | 16.50 | 16.65 | 16.79 | 16.94 |
| Woodie | 14.10 | 15.25 | 15.70 | 16.85 | 17.30 | 18.45 | 18.90 |
| Fibonacci | 15.37 | 15.98 | 16.36 | 16.97 | 17.58 | 17.96 | 18.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.47 | 16.13 | 16.47 | 17.13 | 17.47 | 18.13 | 18.47 |
| Camarilla | 16.53 | 16.62 | 16.71 | 16.80 | 16.89 | 16.98 | 17.08 |
| Woodie | 15.30 | 16.05 | 16.30 | 17.05 | 17.30 | 18.05 | 18.30 |
| Fibonacci | 16.13 | 16.52 | 16.75 | 17.13 | 17.52 | 17.75 | 18.13 |
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): | 40.25 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | 18.76 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 16.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.85 | |
| Elder Ray (13): | -0.18 | |
| Super Trend (3,10): | 17.29 | |
| Zig ZAG (10): | 16.55 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 5.21 | |
| TEMA (21): | 16.52 | |
| Williams %R (14): | -90.62 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -2.7200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 3.57 |
| MA7: | 16.69 | |
| MA20: | 16.83 | |
| MA50: | 17.38 | |
| MA100: | 17.68 | |
| MAexp7: | 16.63 | |
| MAexp20: | 16.84 | |
| MAexp50: | 17.18 | |
| MAexp100: | 17.50 | |
| Price / MA7: | -0.84% | |
| Price / MA20: | -1.66% | |
| Price / MA50: | -4.78% | |
| Price / MA100: | -6.39% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -1.72% | |
| Price / MAexp50: | -3.67% | |
| Price / MAexp100: | -5.43% |
News
The last news published on ROCHE BOBOIS at the time of the generation of this analysis was as follows:
- 8.8% SECOND QUARTER 2019 REVENUE GROWTH - ON TRACK TO MEET 2019 TARGETS
- CHANGE IN GOVERNANCE - APPOINTMENT OF GUILLAUME DEMULIER, CHAIRMAN OF THE ROCHE BOBOIS SA EXECUTIVE BOARD
- EX-DIVIDEND DATE AND PAYMENT OF DIVIDEND OF ROCHE BOBOIS SA
- MINUTES OF THE ROCHE BOBOIS SA GENERAL MEETING OF 27 JUNE 2019
- Q1 2019 REVENUES: EUR 60.3M - OWNED STORES RETAIL SALES UP 9.2% AT END OF MARCH
This member declared not having a position on this financial instrument or a related financial instrument.
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