PUMA SE - Daily - Technical analysis published on 01/10/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 70.19 EUR
My targets
74.03 EUR (+1.35%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PUMA SE as long as the price remains well above 70.19 EUR. The buyers” bullish objective is set at 74.03 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PUMA SE price is 73.05 EUR. The price has increased by +0.34% since the last closing with the lowest point at 72.85 EUR and the highest point at 73.20 EUR. The deviation from the price is +0.27% for the low point and -0.20% for the high point.72.85
73.20
73.05
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PUMA SE:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PUMA SE chart shows a strongly bullish trend. 89.29% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 65.66 | 70.19 | 72.95 | 73.05 |
| Change (%) | -10.12% | -3.92% | -0.14% | - |
| Change | -7.39 | -2.86 | -0.10 | - |
| Level | Major | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.32 | 70.03 | 71.12 | 71.83 | 72.92 | 73.63 | 74.72 |
| Camarilla | 71.71 | 71.87 | 72.04 | 72.20 | 72.37 | 72.53 | 72.70 |
| Woodie | 69.50 | 70.13 | 71.30 | 71.93 | 73.10 | 73.73 | 74.90 |
| Fibonacci | 70.03 | 70.72 | 71.15 | 71.83 | 72.52 | 72.95 | 73.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.27 | 65.53 | 66.87 | 68.13 | 69.47 | 70.73 | 72.07 |
| Camarilla | 67.49 | 67.72 | 67.96 | 68.20 | 68.44 | 68.68 | 68.92 |
| Woodie | 64.30 | 65.55 | 66.90 | 68.15 | 69.50 | 70.75 | 72.10 |
| Fibonacci | 65.53 | 66.53 | 67.14 | 68.13 | 69.13 | 69.74 | 70.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.03 | 63.72 | 66.03 | 67.72 | 70.03 | 71.72 | 74.03 |
| Camarilla | 67.25 | 67.62 | 67.98 | 68.35 | 68.72 | 69.08 | 69.45 |
| Woodie | 62.35 | 63.88 | 66.35 | 67.88 | 70.35 | 71.88 | 74.35 |
| Fibonacci | 63.72 | 65.25 | 66.19 | 67.72 | 69.25 | 70.19 | 71.72 |
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): | 67.62 | |
| MACD (12,26,9): | 0.9800 | |
| Directional Movement: | 16.62 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 70.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 67.78 | |
| Elder Ray (13): | 3.03 | |
| Super Trend (3,10): | 67.86 | |
| Zig ZAG (10): | 72.80 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 92.93 | |
| TEMA (21): | 71.05 | |
| Williams %R (14): | -6.58 | |
| Chande Momentum Oscillator (20): | 5.25 | |
| Repulse (5,40,3): | 4.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 10.30 |
| MA7: | 70.73 | |
| MA20: | 68.33 | |
| MA50: | 67.79 | |
| MA100: | 68.32 | |
| MAexp7: | 71.30 | |
| MAexp20: | 69.09 | |
| MAexp50: | 68.30 | |
| MAexp100: | 66.83 | |
| Price / MA7: | +3.28% | |
| Price / MA20: | +6.91% | |
| Price / MA50: | +7.76% | |
| Price / MA100: | +6.92% | |
| Price / MAexp7: | +2.45% | |
| Price / MAexp20: | +5.73% | |
| Price / MAexp50: | +6.95% | |
| Price / MAexp100: | +9.31% |
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: PUMA and Borussia Dortmund extend partnership
- DGAP-News: PUMA SE: Strong sales and EBIT growth continues in the third Quarter, PUMA slightly adapts guidance for the full year 2019
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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