PUMA SE - Daily - Technical analysis published on 10/22/2019 (GMT)
- 323
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 67.56 EUR
My targets
72.95 EUR (+2.75%)
My analysis
PUMA SE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 67.56 EUR. The next resistance located at 72.95 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PUMA SE rating is 71.00 EUR. The price registered an increase of +0.35% on the session with the lowest point at 69.45 EUR and the highest point at 71.25 EUR. The deviation from the price is +2.23% for the low point and -0.35% for the high point.69.45
71.25
71.00
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 HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of PUMA SE in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
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
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 56.75 | 65.35 | 67.56 | 71.00 | 72.95 |
| Change (%) | -20.07% | -7.96% | -4.85% | - | +2.75% |
| Change | -14.25 | -5.65 | -3.44 | - | +1.95 |
| Level | Minor | Intermediate | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.30 | 69.35 | 70.05 | 71.10 | 71.80 | 72.85 | 73.55 |
| Camarilla | 70.27 | 70.43 | 70.59 | 70.75 | 70.91 | 71.07 | 71.23 |
| Woodie | 68.13 | 69.26 | 69.88 | 71.01 | 71.63 | 72.76 | 73.38 |
| Fibonacci | 69.35 | 70.02 | 70.43 | 71.10 | 71.77 | 72.18 | 72.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.97 | 68.18 | 69.47 | 71.68 | 72.97 | 75.18 | 76.47 |
| Camarilla | 69.79 | 70.11 | 70.43 | 70.75 | 71.07 | 71.39 | 71.71 |
| Woodie | 65.50 | 67.95 | 69.00 | 71.45 | 72.50 | 74.95 | 76.00 |
| Fibonacci | 68.18 | 69.52 | 70.35 | 71.68 | 73.02 | 73.85 | 75.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.42 | 62.63 | 66.82 | 69.03 | 73.22 | 75.43 | 79.62 |
| Camarilla | 69.24 | 69.83 | 70.41 | 71.00 | 71.59 | 72.17 | 72.76 |
| Woodie | 61.40 | 63.13 | 67.80 | 69.53 | 74.20 | 75.93 | 80.60 |
| Fibonacci | 62.63 | 65.08 | 66.59 | 69.03 | 71.48 | 72.99 | 75.43 |
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): | 54.42 | |
| MACD (12,26,9): | 0.9800 | |
| Directional Movement: | 4.39 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 71.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.90 | |
| Elder Ray (13): | -0.60 | |
| Super Trend (3,10): | 67.05 | |
| Zig ZAG (10): | 71.00 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 58.53 | |
| TEMA (21): | 71.74 | |
| Williams %R (14): | -45.67 | |
| Chande Momentum Oscillator (20): | 3.45 | |
| Repulse (5,40,3): | -0.8100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 5.61 |
| MA7: | 71.61 | |
| MA20: | 70.43 | |
| MA50: | 68.65 | |
| MA100: | 63.57 | |
| MAexp7: | 71.29 | |
| MAexp20: | 70.46 | |
| MAexp50: | 68.17 | |
| MAexp100: | 64.43 | |
| Price / MA7: | -0.85% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | +3.42% | |
| Price / MA100: | +11.69% | |
| Price / MAexp7: | -0.41% | |
| Price / MAexp20: | +0.77% | |
| Price / MAexp50: | +4.15% | |
| Price / MAexp100: | +10.20% |
News
Don"t forget to follow the news on PUMA SE. At the time of publication of this analysis, the latest news was as follows:
- DGAP-News: PUMA SE: Strong sales and EBIT growth continues in the second Quarter PUMA slightly adapts full-year guidance for 2019
- DGAP-News: PUMA SE: Strong Sales and EBIT Growth in the first Quarter
- DGAP-Adhoc: PUMA SE: PUMA SE plans share split at a ratio of 1:10 after preceding increase of the share capital from company funds
- DGAP-News: PUMA SE: PUMA and City Football Group sign global long-term strategic partnership
- DGAP-News: PUMA SE: PUMA delivers strong growth in sales and profitability in 2018
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis PUMA SE - Daily