CARL ZEISS MEDITEC AG - 1H - Technical analysis published on 02/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 132.26 EUR
My targets
128.80 EUR (-1.15%)
126.99 EUR (-2.54%)
My analysis
CARL ZEISS MEDITEC AG is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 132.26 EUR. The next support located at 128.80 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 126.99 EUR. Below this support, sellers could then target 120.67 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARL ZEISS MEDITEC AG rating 130.30 EUR. On the day, this instrument lost -0.04% with the lowest point at 130.05 EUR and the highest point at 131.15 EUR. The deviation from the price is +0.19% for the low point and -0.65% for the high point.130.05
131.15
130.30
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CARL ZEISS MEDITEC AG indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 120.67 | 126.99 | 128.80 | 130.30 | 130.48 | 132.26 | 135.01 |
| Change (%) | -7.39% | -2.54% | -1.15% | - | +0.14% | +1.50% | +3.61% |
| Change | -9.63 | -3.31 | -1.50 | - | +0.18 | +1.96 | +4.71 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 126.23 | 127.82 | 129.08 | 130.67 | 131.93 | 133.52 | 134.78 |
| Camarilla | 129.57 | 129.83 | 130.09 | 130.35 | 130.61 | 130.87 | 131.13 |
| Woodie | 126.08 | 127.74 | 128.93 | 130.59 | 131.78 | 133.44 | 134.63 |
| Fibonacci | 127.82 | 128.91 | 129.58 | 130.67 | 131.76 | 132.43 | 133.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 122.83 | 125.82 | 128.08 | 131.07 | 133.33 | 136.32 | 138.58 |
| Camarilla | 128.91 | 129.39 | 129.87 | 130.35 | 130.83 | 131.31 | 131.79 |
| Woodie | 122.48 | 125.64 | 127.73 | 130.89 | 132.98 | 136.14 | 138.23 |
| Fibonacci | 125.82 | 127.82 | 129.06 | 131.07 | 133.07 | 134.31 | 136.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.83 | 106.92 | 119.43 | 128.52 | 141.03 | 150.12 | 162.63 |
| Camarilla | 126.01 | 127.99 | 129.97 | 131.95 | 133.93 | 135.91 | 137.89 |
| Woodie | 99.55 | 107.78 | 121.15 | 129.38 | 142.75 | 150.98 | 164.35 |
| Fibonacci | 106.92 | 115.17 | 120.27 | 128.52 | 136.77 | 141.87 | 150.12 |
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): | 43.64 | |
| MACD (12,26,9): | -0.2600 | |
| Directional Movement: | -4.79 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 130.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 131.65 | |
| Elder Ray (13): | -0.44 | |
| Super Trend (3,10): | 132.55 | |
| Zig ZAG (10): | 130.30 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 32.75 | |
| TEMA (21): | 130.52 | |
| Williams %R (14): | -68.42 | |
| Chande Momentum Oscillator (20): | -0.35 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.51 |
| MA7: | 131.34 | |
| MA20: | 133.52 | |
| MA50: | 128.63 | |
| MA100: | 126.45 | |
| MAexp7: | 130.47 | |
| MAexp20: | 130.76 | |
| MAexp50: | 131.44 | |
| MAexp100: | 132.27 | |
| Price / MA7: | -0.79% | |
| Price / MA20: | -2.41% | |
| Price / MA50: | +1.30% | |
| Price / MA100: | +3.04% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.87% | |
| Price / MAexp100: | -1.49% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The last news published on CARL ZEISS MEDITEC AG at the time of the generation of this analysis was as follows:
- EQS-News: Carl Zeiss Meditec achieves further revenue growth in Q1 2022/23 – Orders on hand remain high
- EQS-News: Carl Zeiss Meditec remains on growth course in fiscal year 2021/22
- DGAP-News: Carl Zeiss Meditec achieves further significant growth in revenue and order intake after nine months of 2021/22
- DGAP-News: Carl Zeiss Meditec achieves further significant growth in revenue and order intake in first half 2021/22
- DGAP-News: Carl Zeiss Meditec acquires two manufacturers of surgical instruments
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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