ADESSO SEINH O.N. - 1H - Technical analysis published on 02/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 95.7 EUR
My targets
101.9 EUR (+3.14%)
105.7 EUR (+6.98%)
My analysis
ADESSO SEINH O.N. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 95.7 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 101.9 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 105.7 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 110.0 EUR. Beware of a possible return to under the support located at 95.7 EUR which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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Additional analysis
Quotes
The ADESSO SEINH O.N. price is 98.8 EUR. On the day, this instrument gained +6.12% and was between 92.0 EUR and 98.8 EUR. This implies that the price is at +7.39% from its lowest and at 0% from its highest.92.0
98.8
98.8
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ADESSO SEINH O.N. indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by 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 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
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 2
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
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:
Resistance of channel is broken
Type : Bullish
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 | 83.2 | 91.0 | 95.7 | 98.8 | 101.9 | 105.7 | 110.0 |
| Change (%) | -15.79% | -7.89% | -3.14% | - | +3.14% | +6.98% | +11.34% |
| Change | -15.6 | -7.8 | -3.1 | - | +3.1 | +6.9 | +11.2 |
| Level | Minor | Major | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.9 | 90.4 | 91.8 | 94.3 | 95.7 | 98.2 | 99.6 |
| Camarilla | 92.0 | 92.4 | 92.7 | 93.1 | 93.5 | 93.8 | 94.2 |
| Woodie | 87.3 | 90.1 | 91.2 | 94.0 | 95.1 | 97.9 | 99.0 |
| Fibonacci | 90.4 | 91.9 | 92.8 | 94.3 | 95.8 | 96.7 | 98.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.1 | 92.2 | 94.5 | 97.6 | 99.9 | 103.0 | 105.3 |
| Camarilla | 95.4 | 95.9 | 96.4 | 96.9 | 97.4 | 97.9 | 98.4 |
| Woodie | 88.8 | 92.0 | 94.2 | 97.4 | 99.6 | 102.8 | 105.0 |
| Fibonacci | 92.2 | 94.2 | 95.5 | 97.6 | 99.6 | 100.9 | 103.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.2 | 80.8 | 86.9 | 98.5 | 104.6 | 116.2 | 122.3 |
| Camarilla | 88.2 | 89.9 | 91.5 | 93.1 | 94.7 | 96.4 | 98.0 |
| Woodie | 66.6 | 79.4 | 84.3 | 97.1 | 102.0 | 114.8 | 119.7 |
| Fibonacci | 80.8 | 87.5 | 91.7 | 98.5 | 105.2 | 109.4 | 116.2 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.50 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 14.7 | |
| AROON (14): | 14.3 | |
| DEMA (21): | 95.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 92.0 | |
| Elder Ray (13): | 2.4 | |
| Super Trend (3,10): | 93.9 | |
| Zig ZAG (10): | 98.8 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 87.90 | |
| TEMA (21): | 96.1 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 3.4 | |
| Repulse (5,40,3): | 4.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.60 |
| MA7: | 96.0 | |
| MA20: | 98.7 | |
| MA50: | 99.4 | |
| MA100: | 98.4 | |
| MAexp7: | 96.2 | |
| MAexp20: | 95.5 | |
| MAexp50: | 96.0 | |
| MAexp100: | 97.0 | |
| Price / MA7: | +2.92% | |
| Price / MA20: | +0.10% | |
| Price / MA50: | -0.60% | |
| Price / MA100: | +0.41% | |
| Price / MAexp7: | +2.70% | |
| Price / MAexp20: | +3.46% | |
| Price / MAexp50: | +2.92% | |
| Price / MAexp100: | +1.86% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on ADESSO SEINH O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: adesso kicks off new year with major orders / Two long-term contracts with well-known enterprises
- EQS-News: Efficient benefit management: The Versicherungskammer Group continues to put its trust in adesso insurance solutions
- EQS-News: adesso increases sales by 28 % to EUR 833.7 million after nine months / Capacity utilisation measures having an effect / Return to usual profitability expected in 2024
- EQS-Adhoc: adesso SE increases sales by 28 % to EUR 833 million after nine months / EBITDA margin significantly increased in the third quarter / Forecast adjustment
- EQS-News: Mark Lohweber assumes CEO position at adesso SE in the beginning of 2024 / Michael Kenfenheuer and Dirk Pothen leave the Executive Board by the end of 2023
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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