CARL ZEISS MEDITEC AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AFX
ISIN:	DE0005313704

CARL ZEISS MEDITEC AG - 1H - Technical analysis published on 01/11/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 102.55 EUR

My targets

106.04 EUR (+2.65%)

111.77 EUR (+8.20%)

My analysis

CARL ZEISS MEDITEC AG 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 102.55 EUR. The next resistance located at 106.04 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 111.77 EUR. After this resistance, buyers could then target 119.68 EUR. 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

8.2

Comment on the analysis

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.

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Additional analysis

Quotes

CARL ZEISS MEDITEC AG rating 103.30 EUR. The price registered an increase of +2.23% on the session and was between 101.15 EUR and 103.30 EUR. This implies that the price is at +2.13% from its lowest and at 0% from its highest.

101.15

103.30

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CARL ZEISS MEDITEC AG:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CARL ZEISS MEDITEC AG in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

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 detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	99.40	101.21	102.55	103.30	111.77	119.68	127.47
Change (%)	-3.78%	-2.02%	-0.73%	-	+8.20%	+15.86%	+23.40%
Change	-3.90	-2.09	-0.75	-	+8.47	+16.38	+24.17
Level	Intermediate	Intermediate	Major	-	Major	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	98.23	98.80	99.92	100.49	101.61	102.18	103.30
Camarilla	100.59	100.74	100.90	101.05	101.21	101.36	101.52
Woodie	98.52	98.94	100.21	100.63	101.90	102.32	103.59
Fibonacci	98.80	99.44	99.84	100.49	101.13	101.53	102.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.46	87.00	90.32	94.86	98.18	102.72	106.04
Camarilla	91.48	92.20	92.92	93.64	94.36	95.08	95.80
Woodie	81.85	86.70	89.71	94.56	97.57	102.42	105.43
Fibonacci	87.00	90.00	91.86	94.86	97.86	99.72	102.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	60.53	69.47	84.16	93.10	107.79	116.73	131.42
Camarilla	92.34	94.51	96.67	98.84	101.01	103.17	105.34
Woodie	63.40	70.91	87.03	94.54	110.66	118.17	134.29
Fibonacci	69.47	78.50	84.08	93.10	102.13	107.71	116.73

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):	74.58
MACD (12,26,9):	1.2400
Directional Movement:	34.12
AROON (14):	50.00
DEMA (21):	101.73
Parabolic SAR (0,02-0,02-0,2):	99.43
Elder Ray (13):	2.07
Super Trend (3,10):	100.00
Zig ZAG (10):	103.15
VORTEX (21):	1.1800
Stochastique (14,3,5):	83.18
TEMA (21):	102.07
Williams %R (14):	-2.57
Chande Momentum Oscillator (20):	2.30
Repulse (5,40,3):	2.2300
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	2.30

MA7:	97.93
MA20:	98.07
MA50:	90.13
MA100:	86.26
MAexp7:	101.35
MAexp20:	100.07
MAexp50:	98.37
MAexp100:	97.33
Price / MA7:	+5.48%
Price / MA20:	+5.33%
Price / MA50:	+14.61%
Price / MA100:	+19.75%
Price / MAexp7:	+1.92%
Price / MAexp20:	+3.23%
Price / MAexp50:	+5.01%
Price / MAexp100:	+6.13%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on CARL ZEISS MEDITEC AG at the time of the analysis were as follows:

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

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