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 12/04/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

78%

22%

My opinion

Bullish above 56.60 EUR

My targets

57.64 EUR (+1.12%)

59.40 EUR (+4.21%)

My analysis

The strong short-term increase for CARL ZEISS MEDITEC AG reinforces the current slightly bullish trend. As long as the price remains above 56.60 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 57.64 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 59.40 EUR as an objective. Crossing it would then enable buyers to target 60.75 EUR. A return to 56.60 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

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

The CARL ZEISS MEDITEC AG rating is 57.00 EUR. The price has increased by +2.33% since the last closing and was traded between 55.40 EUR and 57.25 EUR over the period. The price is currently at +2.89% from its lowest and -0.44% from its highest.

55.40

57.25

57.00

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 CARL ZEISS MEDITEC AG:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

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 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. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	54.45	55.75	56.60	57.00	57.64	59.40	60.75
Change (%)	-4.47%	-2.19%	-0.70%	-	+1.12%	+4.21%	+6.58%
Change	-2.55	-1.25	-0.40	-	+0.64	+2.40	+3.75
Level	Minor	Major	Intermediate	-	Minor	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	52.55	53.70	54.70	55.85	56.85	58.00	59.00
Camarilla	55.11	55.31	55.50	55.70	55.90	56.09	56.29
Woodie	52.48	53.66	54.63	55.81	56.78	57.96	58.93
Fibonacci	53.70	54.52	55.03	55.85	56.67	57.18	58.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.80	53.05	54.80	57.05	58.80	61.05	62.80
Camarilla	55.45	55.82	56.18	56.55	56.92	57.28	57.65
Woodie	50.55	52.93	54.55	56.93	58.55	60.93	62.55
Fibonacci	53.05	54.58	55.52	57.05	58.58	59.52	61.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.78	50.62	53.58	57.42	60.38	64.22	67.18
Camarilla	54.68	55.30	55.93	56.55	57.17	57.80	58.42
Woodie	46.35	50.40	53.15	57.20	59.95	64.00	66.75
Fibonacci	50.62	53.21	54.82	57.42	60.01	61.62	64.22

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.49
MACD (12,26,9):	-0.0600
Directional Movement:	8.49
AROON (14):	-64.29
DEMA (21):	56.22
Parabolic SAR (0,02-0,02-0,2):	55.08
Elder Ray (13):	0.60
Super Trend (3,10):	55.18
Zig ZAG (10):	56.85
VORTEX (21):	1.0400
Stochastique (14,3,5):	73.31
TEMA (21):	56.32
Williams %R (14):	-21.57
Chande Momentum Oscillator (20):	0.25
Repulse (5,40,3):	0.4200
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	2.00

MA7:	56.94
MA20:	57.41
MA50:	61.13
MA100:	61.33
MAexp7:	56.46
MAexp20:	56.36
MAexp50:	56.60
MAexp100:	56.95
Price / MA7:	+0.11%
Price / MA20:	-0.71%
Price / MA50:	-6.76%
Price / MA100:	-7.06%
Price / MAexp7:	+0.96%
Price / MAexp20:	+1.14%
Price / MAexp50:	+0.71%
Price / MAexp100:	+0.09%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on CARL ZEISS MEDITEC AG. At the time of publication of this analysis, the latest news was as follows:

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

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