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STROEER SE + CO. KGAA
STROEER SE + CO. KGAA
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SAX
ISIN: DE0007493991

STROEER SE + CO. KGAA - 1H - Technical analysis published on 10/09/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 42.20 EUR
My targets
43.20 EUR (+1.60%)
43.50 EUR (+2.30%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on STROEER SE + CO. KGAA as long as the price remains well above 42.20 EUR. The buyers' bullish objective is set at 43.20 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.50 EUR. If there is any crossing, the next objective would be the resistance located at 43.72 EUR.

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
5

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.

Londinia
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Daily Weekly

Additional analysis

Quotes

The STROEER SE + CO. KGAA rating is 42.52 EUR. The price registered an increase of +0.52% on the session and was traded between 41.72 EUR and 42.60 EUR over the period. The price is currently at +1.92% from its lowest and -0.19% from its highest.

41.72
42.60
42.52

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by STROEER SE + CO. KGAA:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of STROEER SE + CO. KGAA indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 41.92 42.20 42.40 42.52 43.20 43.50 43.72
Change (%) -1.41% -0.75% -0.28% - +1.60% +2.30% +2.82%
Change -0.60 -0.32 -0.12 - +0.68 +0.98 +1.20
Level Major Minor Intermediate - Minor Intermediate 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
Standard41.5641.7442.0242.2042.4842.6642.94
Camarilla42.1742.2242.2642.3042.3442.3842.43
Woodie41.6141.7742.0742.2342.5342.6942.99
Fibonacci41.7441.9242.0242.2042.3842.4842.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.3940.5541.4342.5943.4744.6345.51
Camarilla41.7441.9342.1142.3042.4942.6742.86
Woodie39.2440.4841.2842.5243.3244.5645.36
Fibonacci40.5541.3341.8142.5943.3743.8544.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.6240.1441.1242.6443.6245.1446.12
Camarilla41.4141.6441.8742.1042.3342.5642.79
Woodie38.3540.0140.8542.5143.3545.0145.85
Fibonacci40.1441.1041.6942.6443.6044.1945.14

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): 57.94
MACD (12,26,9): 0.0000
Directional Movement: -6.64
AROON (14): 14.29
DEMA (21): 42.22
Parabolic SAR (0,02-0,02-0,2): 42.60
Elder Ray (13): 0.22
Super Trend (3,10): 42.59
Zig ZAG (10): 42.52
VORTEX (21): 0.9800
Stochastique (14,3,5): 76.77
TEMA (21): 42.26
Williams %R (14): -9.09
Chande Momentum Oscillator (20): 0.40
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.15
MA7: 42.21
MA20: 42.55
MA50: 43.07
MA100: 43.00
MAexp7: 42.28
MAexp20: 42.24
MAexp50: 42.31
MAexp100: 42.43
Price / MA7: +0.73%
Price / MA20: -0.07%
Price / MA50: -1.28%
Price / MA100: -1.12%
Price / MAexp7: +0.57%
Price / MAexp20: +0.66%
Price / MAexp50: +0.50%
Price / MAexp100: +0.21%

Quotes : - 15 min delayed data - Germany Stocks

News


The last news published on STROEER SE + CO. KGAA at the time of the generation of this analysis was as follows:

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

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