BAY.MOTOREN WERKE AG ST - 1H - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 75.84 EUR
My targets
77.97 EUR (+1.97%)
79.68 EUR (+4.21%)
My analysis
A bullish trend on BAY.MOTOREN WERKE AG ST both in substance and in the short term. A purchase could be considered as long as the price remains above 75.84 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 77.97 EUR. Then the price could move towards 79.68 EUR. Then 81.28 EUR by extension. Be careful, a return below 75.84 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.8
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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 BAY.MOTOREN WERKE AG ST price is 76.46 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 75.36 EUR and the highest point at 76.48 EUR. The deviation from the price is +1.46% for the low point and -0.03% for the high point.75.36
76.48
76.46
Here is a more detailed summary of the historical variations registered by BAY.MOTOREN WERKE AG ST:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BAY.MOTOREN WERKE AG ST chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
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 | 74.49 | 75.04 | 75.84 | 76.46 | 76.58 | 77.97 | 79.68 |
| Change (%) | -2.58% | -1.86% | -0.81% | - | +0.16% | +1.97% | +4.21% |
| Change | -1.97 | -1.42 | -0.62 | - | +0.12 | +1.51 | +3.22 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.00 | 73.72 | 75.10 | 76.82 | 78.20 | 79.92 | 81.30 |
| Camarilla | 75.63 | 75.91 | 76.20 | 76.48 | 76.76 | 77.05 | 77.33 |
| Woodie | 71.83 | 73.64 | 74.93 | 76.74 | 78.03 | 79.84 | 81.13 |
| Fibonacci | 73.72 | 74.90 | 75.64 | 76.82 | 78.00 | 78.74 | 79.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.30 | 72.66 | 73.88 | 75.24 | 76.46 | 77.82 | 79.04 |
| Camarilla | 74.39 | 74.63 | 74.86 | 75.10 | 75.34 | 75.57 | 75.81 |
| Woodie | 71.23 | 72.63 | 73.81 | 75.21 | 76.39 | 77.79 | 78.97 |
| Fibonacci | 72.66 | 73.65 | 74.25 | 75.24 | 76.23 | 76.83 | 77.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.03 | 61.81 | 70.49 | 77.27 | 85.95 | 92.73 | 101.41 |
| Camarilla | 74.93 | 76.35 | 77.76 | 79.18 | 80.60 | 82.01 | 83.43 |
| Woodie | 55.99 | 62.29 | 71.45 | 77.75 | 86.91 | 93.21 | 102.37 |
| Fibonacci | 61.81 | 67.71 | 71.36 | 77.27 | 83.17 | 86.82 | 92.73 |
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): | 52.54 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 7.33 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 76.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 78.23 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 77.67 | |
| Zig ZAG (10): | 76.42 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 24.66 | |
| TEMA (21): | 76.43 | |
| Williams %R (14): | -67.92 | |
| Chande Momentum Oscillator (20): | -1.32 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.36 |
| MA7: | 75.49 | |
| MA20: | 76.36 | |
| MA50: | 77.79 | |
| MA100: | 82.31 | |
| MAexp7: | 76.28 | |
| MAexp20: | 76.30 | |
| MAexp50: | 75.98 | |
| MAexp100: | 75.92 | |
| Price / MA7: | +1.28% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | -1.71% | |
| Price / MA100: | -7.11% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +0.71% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on BAY.MOTOREN WERKE AG ST. At the time of publication of this analysis, the latest news was as follows:
-
Why BMW and Mercedes are struggling in China | DW News
- BMW, Ford and Honda Begin Operations of Vehicle-Grid Integration Joint Venture ChargeScape; Name Joseph Vellone CEO
- Keegan Bradley Claims Victory at BMW Championship
- Infinix Launches All-New NOTE 40 Series Racing Edition In Partnership with BMW Group Designworks in Saudi Arabia
- BMW of North America, LLC and World Woman Foundation Return for 2024 'World Woman Hour’ at the Grammy Museum in Los Angeles
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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