SCOUT24 SE NA O.N. - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
11%
78%
11%
My opinion
Bearish under 53.80 EUR
My targets
49.26 EUR (-4.44%)
46.08 EUR (-10.61%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for SCOUT24 AG NA O.N. as long as the price remains well below 53.80 EUR. The sellers” bearish objective is set at 49.26 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 46.08 EUR. If there is any crossing, the next objective would be the support located at 43.50 EUR.
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
3.2
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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 SCOUT24 AG NA O.N. rating is 51.55 EUR. The price is lower by -0.58% since the last closing and was between 51.35 EUR and 52.00 EUR. This implies that the price is at +0.39% from its lowest and at -0.87% from its highest.51.35
52.00
51.55
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SCOUT24 AG NA O.N.:
Technical
Technical analysis of this Daily chart of SCOUT24 AG NA O.N. indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by 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 high 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
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 43.50 | 46.08 | 49.26 | 51.55 | 53.80 | 55.45 |
| Change (%) | -15.62% | -10.61% | -4.44% | - | +4.36% | +7.57% |
| Change | -8.05 | -5.47 | -2.29 | - | +2.25 | +3.90 |
| Level | Minor | Major | Major | - | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.25 | 51.55 | 51.70 | 52.00 | 52.15 | 52.45 | 52.60 |
| Camarilla | 51.73 | 51.77 | 51.81 | 51.85 | 51.89 | 51.93 | 51.97 |
| Woodie | 51.18 | 51.51 | 51.63 | 51.96 | 52.08 | 52.41 | 52.53 |
| Fibonacci | 51.55 | 51.72 | 51.83 | 52.00 | 52.17 | 52.28 | 52.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.42 | 49.58 | 50.82 | 52.98 | 54.22 | 56.38 | 57.62 |
| Camarilla | 51.12 | 51.43 | 51.74 | 52.05 | 52.36 | 52.67 | 52.99 |
| Woodie | 46.95 | 49.35 | 50.35 | 52.75 | 53.75 | 56.15 | 57.15 |
| Fibonacci | 49.58 | 50.88 | 51.69 | 52.98 | 54.28 | 55.09 | 56.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.50 | 50.05 | 52.75 | 54.30 | 57.00 | 58.55 | 61.25 |
| Camarilla | 54.28 | 54.67 | 55.06 | 55.45 | 55.84 | 56.23 | 56.62 |
| Woodie | 49.08 | 50.34 | 53.33 | 54.59 | 57.58 | 58.84 | 61.83 |
| Fibonacci | 50.05 | 51.67 | 52.68 | 54.30 | 55.92 | 56.93 | 58.55 |
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): | 35.39 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -12.38 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 53.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.58 | |
| Elder Ray (13): | -1.42 | |
| Super Trend (3,10): | 54.62 | |
| Zig ZAG (10): | 51.60 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 4.64 | |
| TEMA (21): | 52.71 | |
| Williams %R (14): | -94.51 | |
| Chande Momentum Oscillator (20): | -2.50 | |
| Repulse (5,40,3): | -2.7700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.21 |
| MA7: | 52.84 | |
| MA20: | 53.65 | |
| MA50: | 52.45 | |
| MA100: | 51.38 | |
| MAexp7: | 52.58 | |
| MAexp20: | 53.22 | |
| MAexp50: | 52.64 | |
| MAexp100: | 51.17 | |
| Price / MA7: | -2.44% | |
| Price / MA20: | -3.91% | |
| Price / MA50: | -1.72% | |
| Price / MA100: | +0.33% | |
| Price / MAexp7: | -1.96% | |
| Price / MAexp20: | -3.14% | |
| Price / MAexp50: | -2.07% | |
| Price / MAexp100: | +0.74% |
News
The latest news and videos published on SCOUT24 AG NA O.N. at the time of the analysis were as follows:
- DGAP-News: Scout24 AG: Double-digit revenue growth and sustained high profitability in Q3 2019
- DGAP-News: Scout24 AG: Annual General Meeting passes resolution to increase dividend further and elects three new members to the Supervisory Board
- DGAP-News: Scout24 AG continues to show strong growth in the first six months of the year, while improving margins
- DGAP-News: Scout24 AG: Scout24 comments on current media reports dealing with the strategic direction of the company
- DGAP-News: Scout24 announces strategic roadmap to enhance long-term value creation for its shareholders
This member declared not having a position on this financial instrument or a related financial instrument.
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