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 09/25/2024 (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

94%

My opinion

Bullish above 63.22 EUR

My targets

66.36 EUR (+4.26%)

69.45 EUR (+9.11%)

My analysis

The bullish trend is currently very strong on CARL ZEISS MEDITEC AG. As long as the price remains above the support at 63.22 EUR, you could try to benefit from the boom. The first bullish objective is located at 66.36 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 69.45 EUR as an objective. Crossing it would then enable buyers to target 73.34 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

9.1

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.

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 63.65 EUR. The price has increased by +5.03% since the last closing and was between 60.40 EUR and 64.10 EUR. This implies that the price is at +5.38% from its lowest and at -0.70% from its highest.

60.40

64.10

63.65

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CARL ZEISS MEDITEC AG in 1H shows a strongly overall bullish trend. 92.86% 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, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

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	59.72	61.40	63.22	63.65	66.36	73.34	83.85
Change (%)	-6.17%	-3.53%	-0.68%	-	+4.26%	+15.22%	+31.74%
Change	-3.93	-2.25	-0.43	-	+2.71	+9.69	+20.20
Level	Minor	Minor	Major	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.47	58.33	59.47	61.33	62.47	64.33	65.47
Camarilla	59.78	60.05	60.33	60.60	60.88	61.15	61.43
Woodie	56.10	58.15	59.10	61.15	62.10	64.15	65.10
Fibonacci	58.33	59.48	60.19	61.33	62.48	63.19	64.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.47	53.18	54.82	57.53	59.17	61.88	63.52
Camarilla	55.25	55.65	56.05	56.45	56.85	57.25	57.65
Woodie	49.93	52.91	54.28	57.26	58.63	61.61	62.98
Fibonacci	53.18	54.85	55.87	57.53	59.20	60.22	61.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.85	55.95	61.15	64.25	69.45	72.55	77.75
Camarilla	64.07	64.83	65.59	66.35	67.11	67.87	68.63
Woodie	53.90	56.48	62.20	64.78	70.50	73.08	78.80
Fibonacci	55.95	59.12	61.08	64.25	67.42	69.38	72.55

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):	69.98
MACD (12,26,9):	1.1900
Directional Movement:	34.53
AROON (14):	92.86
DEMA (21):	62.52
Parabolic SAR (0,02-0,02-0,2):	60.47
Elder Ray (13):	1.85
Super Trend (3,10):	61.03
Zig ZAG (10):	63.70
VORTEX (21):	1.2000
Stochastique (14,3,5):	95.53
TEMA (21):	63.29
Williams %R (14):	-5.48
Chande Momentum Oscillator (20):	2.85
Repulse (5,40,3):	2.2400
ROCnROLL:	1
TRIX (15,9):	0.2100
Courbe Coppock:	11.70

MA7:	59.47
MA20:	59.99
MA50:	61.52
MA100:	70.06
MAexp7:	62.62
MAexp20:	61.12
MAexp50:	59.85
MAexp100:	59.52
Price / MA7:	+7.03%
Price / MA20:	+6.10%
Price / MA50:	+3.46%
Price / MA100:	-9.15%
Price / MAexp7:	+1.64%
Price / MAexp20:	+4.14%
Price / MAexp50:	+6.35%
Price / MAexp100:	+6.94%

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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