BAYER AG NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BAYN
ISIN:	DE000BAY0017

BAYER AG NA O.N. - Daily - Technical analysis published on 11/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 50.20 EUR

My targets

58.00 EUR (+4.54%)

60.12 EUR (+8.36%)

My analysis

BAYER AG NA O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 50.20 EUR. The next resistance located at 58.00 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 60.12 EUR. After this resistance, buyers could then target 61.74 EUR.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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.

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Additional analysis

Quotes

The BAYER AG NA O.N. rating is 55.48 EUR. On the day, this instrument lost -0.86% and was between 55.25 EUR and 56.25 EUR. This implies that the price is at +0.42% from its lowest and at -1.37% from its highest.

55.25

56.25

55.48

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 Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BAYER AG NA O.N. in Daily shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

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 : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	42.65	46.80	50.20	55.48	55.48	58.00	60.12
Change (%)	-23.13%	-15.65%	-9.52%	0%	-	+4.54%	+8.36%
Change	-12.83	-8.68	-5.28	0	-	+2.52	+4.64
Level	Major	Intermediate	Minor	Major	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.47	54.94	55.45	55.92	56.43	56.90	57.41
Camarilla	55.69	55.78	55.87	55.96	56.05	56.14	56.23
Woodie	54.49	54.95	55.47	55.93	56.45	56.91	57.43
Fibonacci	54.94	55.31	55.55	55.92	56.29	56.53	56.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.70	52.59	54.02	54.91	56.34	57.23	58.66
Camarilla	54.81	55.03	55.24	55.45	55.66	55.88	56.09
Woodie	51.97	52.73	54.29	55.05	56.61	57.37	58.93
Fibonacci	52.59	53.48	54.02	54.91	55.80	56.34	57.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.06	44.38	48.80	51.12	55.54	57.86	62.28
Camarilla	51.37	51.98	52.60	53.22	53.84	54.46	55.07
Woodie	43.11	44.91	49.85	51.65	56.59	58.39	63.33
Fibonacci	44.38	46.96	48.55	51.12	53.70	55.29	57.86

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):	61.92
MACD (12,26,9):	1.1500
Directional Movement:	14.82
AROON (14):	92.86
DEMA (21):	55.26
Parabolic SAR (0,02-0,02-0,2):	53.43
Elder Ray (13):	1.27
Super Trend (3,10):	52.36
Zig ZAG (10):	55.49
VORTEX (21):	1.0400
Stochastique (14,3,5):	92.28
TEMA (21):	55.96
Williams %R (14):	-14.00
Chande Momentum Oscillator (20):	4.14
Repulse (5,40,3):	-0.4400
ROCnROLL:	1
TRIX (15,9):	0.2700
Courbe Coppock:	12.05

MA7:	55.32
MA20:	53.50
MA50:	51.28
MA100:	52.74
MAexp7:	55.18
MAexp20:	53.84
MAexp50:	52.77
MAexp100:	53.20
Price / MA7:	+0.29%
Price / MA20:	+3.70%
Price / MA50:	+8.19%
Price / MA100:	+5.20%
Price / MAexp7:	+0.54%
Price / MAexp20:	+3.05%
Price / MAexp50:	+5.14%
Price / MAexp100:	+4.29%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on BAYER AG NA O.N. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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