PUMA SE - Daily - Technical analysis published on 02/24/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 57.27 EUR
My targets
63.81 EUR (+5.19%)
67.22 EUR (+10.81%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on PUMA SE. As long as you are above the support located at 57.27 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 63.81 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 67.22 EUR as an objective. Crossing it would then enable buyers to target 70.40 EUR. If the support 57.27 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PUMA SE rating 60.66 EUR. On the day, this instrument gained +1.10% with the lowest point at 60.36 EUR and the highest point at 61.32 EUR. The deviation from the price is +0.50% for the low point and -1.08% for the high point.60.36
61.32
60.66
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of PUMA SE in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
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 | 43.85 | 47.79 | 51.93 | 60.66 | 60.88 | 63.81 | 67.22 |
Change (%) | -27.71% | -21.22% | -14.39% | - | +0.36% | +5.19% | +10.81% |
Change | -16.81 | -12.87 | -8.73 | - | +0.22 | +3.15 | +6.56 |
Level | Intermediate | Minor | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 58.23 | 59.11 | 59.55 | 60.43 | 60.87 | 61.75 | 62.19 |
Camarilla | 59.64 | 59.76 | 59.88 | 60.00 | 60.12 | 60.24 | 60.36 |
Woodie | 58.02 | 59.00 | 59.34 | 60.32 | 60.66 | 61.64 | 61.98 |
Fibonacci | 59.11 | 59.61 | 59.92 | 60.43 | 60.93 | 61.24 | 61.75 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56.18 | 58.32 | 59.82 | 61.96 | 63.46 | 65.60 | 67.10 |
Camarilla | 60.32 | 60.65 | 60.99 | 61.32 | 61.65 | 61.99 | 62.32 |
Woodie | 55.86 | 58.16 | 59.50 | 61.80 | 63.14 | 65.44 | 66.78 |
Fibonacci | 58.32 | 59.71 | 60.57 | 61.96 | 63.35 | 64.21 | 65.60 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 48.23 | 52.17 | 57.27 | 61.21 | 66.31 | 70.25 | 75.35 |
Camarilla | 59.87 | 60.70 | 61.53 | 62.36 | 63.19 | 64.02 | 64.85 |
Woodie | 48.80 | 52.46 | 57.84 | 61.50 | 66.88 | 70.54 | 75.92 |
Fibonacci | 52.17 | 55.63 | 57.76 | 61.21 | 64.67 | 66.80 | 70.25 |
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): | 47.30 | |
MACD (12,26,9): | -0.1300 | |
Directional Movement: | -2.16 | |
AROON (14): | -85.71 | |
DEMA (21): | 61.63 | |
Parabolic SAR (0,02-0,02-0,2): | 65.24 | |
Elder Ray (13): | -0.43 | |
Super Trend (3,10): | 64.79 | |
Zig ZAG (10): | 60.60 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 20.61 | |
TEMA (21): | 60.27 | |
Williams %R (14): | -71.73 | |
Chande Momentum Oscillator (20): | -2.76 | |
Repulse (5,40,3): | -2.2600 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 9.75 |
MA7: | 60.87 | |
MA20: | 62.34 | |
MA50: | 60.42 | |
MA100: | 54.55 | |
MAexp7: | 60.77 | |
MAexp20: | 61.46 | |
MAexp50: | 59.94 | |
MAexp100: | 58.46 | |
Price / MA7: | -0.34% | |
Price / MA20: | -2.69% | |
Price / MA50: | +0.40% | |
Price / MA100: | +11.20% | |
Price / MAexp7: | -0.18% | |
Price / MAexp20: | -1.30% | |
Price / MAexp50: | +1.20% | |
Price / MAexp100: | +3.76% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on PUMA SE at the time of the analysis were as follows:
- PUMA Signs European Marathon Champion Aleksandra Lisowska
- PUMA Celebrates 75 Years of History in Sports, Culture and Innovation
- Olympic 100m Champion Marcell Jacobs Joins PUMA
- EQS-News: PUMA SE: PUMA to appoint Maria Valdes as Chief Product Officer and Member of the Board of Management
- EQS-News: PUMA SE: Arne Freundt becomes CEO and Chairman of the Management Board of PUMA with immediate effect
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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