DUERR AG O.N. - Daily - Technical analysis published on 09/16/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 23.05 EUR
My targets
21.15 EUR (-2.71%)
18.27 EUR (-15.98%)
My analysis
The bearish basic trend is very strong on DUERR AG O.N. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 23.05 EUR. Crossing the first support at 21.15 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 18.27 EUR as an objective. Crossing it would then enable sellers to target 16.28 EUR. Caution, a return to above the resistance located at 23.05 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
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 DUERR AG O.N. price is 21.74 EUR. The price registered an increase of +0.56% on the session and was between 21.30 EUR and 21.82 EUR. This implies that the price is at +2.07% from its lowest and at -0.37% from its highest.21.30
21.82
21.74
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of DUERR AG O.N. in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.64 | 16.28 | 21.15 | 21.74 | 24.23 | 26.94 | 31.36 |
| Change (%) | -64.86% | -25.11% | -2.71% | - | +11.45% | +23.92% | +44.25% |
| Change | -14.10 | -5.46 | -0.59 | - | +2.49 | +5.20 | +9.62 |
| Level | Minor | Major | Major | - | Intermediate | 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 | 19.96 | 20.38 | 21.00 | 21.42 | 22.04 | 22.46 | 23.08 |
| Camarilla | 21.33 | 21.43 | 21.53 | 21.62 | 21.72 | 21.81 | 21.91 |
| Woodie | 20.06 | 20.43 | 21.10 | 21.47 | 22.14 | 22.51 | 23.18 |
| Fibonacci | 20.38 | 20.78 | 21.02 | 21.42 | 21.82 | 22.06 | 22.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.69 | 19.21 | 20.15 | 20.67 | 21.61 | 22.13 | 23.07 |
| Camarilla | 20.68 | 20.81 | 20.95 | 21.08 | 21.21 | 21.35 | 21.48 |
| Woodie | 18.89 | 19.32 | 20.35 | 20.78 | 21.81 | 22.24 | 23.27 |
| Fibonacci | 19.21 | 19.77 | 20.12 | 20.67 | 21.23 | 21.58 | 22.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.33 | 18.27 | 20.11 | 23.05 | 24.89 | 27.83 | 29.67 |
| Camarilla | 20.65 | 21.08 | 21.52 | 21.96 | 22.40 | 22.84 | 23.28 |
| Woodie | 14.79 | 18.00 | 19.57 | 22.78 | 24.35 | 27.56 | 29.13 |
| Fibonacci | 18.27 | 20.09 | 21.22 | 23.05 | 24.87 | 26.00 | 27.83 |
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): | 48.05 | |
| MACD (12,26,9): | -0.5000 | |
| Directional Movement: | -2.20 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 21.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.36 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 22.45 | |
| Zig ZAG (10): | 21.82 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 60.44 | |
| TEMA (21): | 20.92 | |
| Williams %R (14): | -30.67 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | 4.8400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4200 | |
| Courbe Coppock: | 7.63 |
| MA7: | 21.43 | |
| MA20: | 21.52 | |
| MA50: | 22.83 | |
| MA100: | 23.57 | |
| MAexp7: | 21.47 | |
| MAexp20: | 21.79 | |
| MAexp50: | 22.65 | |
| MAexp100: | 24.10 | |
| Price / MA7: | +1.45% | |
| Price / MA20: | +1.02% | |
| Price / MA50: | -4.77% | |
| Price / MA100: | -7.76% | |
| Price / MAexp7: | +1.26% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -4.02% | |
| Price / MAexp100: | -9.79% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The last news published on DUERR AG O.N. at the time of the generation of this analysis was as follows:
- DGAP-Adhoc: Dürr AG adjusting earnings forecast for 2022, unchanged medium-term goal for EBIT margin of at least 8%
- DGAP-Adhoc: New Chairman for Dürr AG's Board of Management
- DGAP-Adhoc: Dürr Group increases annual forecast and looks set to achieve record order intake
- DGAP-Adhoc: Dürr AG: Dürr expanding automation business with majority stake in Teamtechnik
- DGAP-Adhoc: Dürr AG to launch convertible bond offering with a total principal amount of around € 150 million due 2026
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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