PUMA SE
PUMA SE
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PUM
ISIN: DE0006969603

PUMA SE - 1H - Technical analysis published on 07/12/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 43.23 EUR
My targets
45.17 EUR (+2.94%)
47.08 EUR (+7.29%)
My analysis
The bullish trend is currently very strong on PUMA SE. As long as the price remains above the support at 43.23 EUR, you could try to benefit from the boom. The first bullish objective is located at 45.17 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 47.08 EUR as an objective. Crossing it would then enable buyers to target 47.83 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The PUMA SE rating is 43.88 EUR. On the day, this instrument gained +1.25% and was traded between 43.25 EUR and 43.88 EUR over the period. The price is currently at +1.46% from its lowest and 0% from its highest.

43.25
43.88
43.88

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this PUMA SE chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 42.75 43.23 43.70 43.88 45.17 47.08 47.83
Change (%) -2.58% -1.48% -0.41% - +2.94% +7.29% +9.00%
Change -1.13 -0.65 -0.18 - +1.29 +3.20 +3.95
Level Major Minor Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.5242.7743.0543.3043.5843.8344.11
Camarilla43.1943.2443.2943.3443.3943.4443.49
Woodie42.5542.7843.0843.3143.6143.8444.14
Fibonacci42.7742.9743.0943.3043.5043.6243.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard41.1441.7742.7543.3844.3644.9945.97
Camarilla43.2843.4343.5743.7243.8744.0244.16
Woodie41.3141.8642.9243.4744.5345.0846.14
Fibonacci41.7742.3942.7743.3844.0044.3844.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.5137.6640.2644.4147.0151.1653.76
Camarilla41.0141.6342.2542.8743.4944.1144.73
Woodie32.7537.2739.5044.0246.2550.7753.00
Fibonacci37.6640.2441.8344.4146.9948.5851.16

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): 63.14
MACD (12,26,9): 0.1900
Directional Movement: 6.03
AROON (14): 21.43
DEMA (21): 43.62
Parabolic SAR (0,02-0,02-0,2): 43.15
Elder Ray (13): 0.27
Super Trend (3,10): 43.01
Zig ZAG (10): 43.75
VORTEX (21): 1.1500
Stochastique (14,3,5): 81.05
TEMA (21): 43.76
Williams %R (14): -16.87
Chande Momentum Oscillator (20): 0.31
Repulse (5,40,3): 0.0200
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 2.43
MA7: 43.20
MA20: 43.70
MA50: 46.61
MA100: 44.24
MAexp7: 43.64
MAexp20: 43.40
MAexp50: 43.26
MAexp100: 43.43
Price / MA7: +1.57%
Price / MA20: +0.41%
Price / MA50: -5.86%
Price / MA100: -0.81%
Price / MAexp7: +0.55%
Price / MAexp20: +1.11%
Price / MAexp50: +1.43%
Price / MAexp100: +1.04%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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