BECHTLE AG O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BC8
ISIN:	DE0005158703

BECHTLE AG O.N. - Daily - Technical analysis published on 11/28/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 33.66 EUR

My targets

28.16 EUR (-11.56%)

24.96 EUR (-21.61%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BECHTLE AG O.N. as long as the price remains well below 33.66 EUR. The next bearish objective for sellers is set at 28.16 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 24.96 EUR. If there is any crossing, the next objective would be the support located at 20.31 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.7

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 BECHTLE AG O.N. rating is 31.84 EUR. The price registered an increase of +1.27% on the session and was between 31.66 EUR and 31.88 EUR. This implies that the price is at +0.57% from its lowest and at -0.13% from its highest.

31.66

31.88

31.84

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 BECHTLE AG O.N.:

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

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 Daily chart of BECHTLE AG O.N. indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.72	13.95	20.31	31.84	32.11	33.66	35.52
Change (%)	-88.32%	-56.19%	-36.21%	-	+0.85%	+5.72%	+11.56%
Change	-28.12	-17.89	-11.53	-	+0.27	+1.82	+3.68
Level	Minor	Minor	Major	-	Major	Intermediate	Minor

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	30.36	30.88	31.16	31.68	31.96	32.48	32.76
Camarilla	31.22	31.29	31.37	31.44	31.51	31.59	31.66
Woodie	30.24	30.82	31.04	31.62	31.84	32.42	32.64
Fibonacci	30.88	31.19	31.37	31.68	31.99	32.17	32.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.05	30.95	31.53	32.43	33.01	33.91	34.49
Camarilla	31.69	31.83	31.96	32.10	32.24	32.37	32.51
Woodie	29.88	30.87	31.36	32.35	32.84	33.83	34.32
Fibonacci	30.95	31.52	31.87	32.43	33.00	33.35	33.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.80	24.96	28.16	34.32	37.52	43.68	46.88
Camarilla	28.79	29.64	30.50	31.36	32.22	33.08	33.93
Woodie	17.32	24.22	26.68	33.58	36.04	42.94	45.40
Fibonacci	24.96	28.54	30.74	34.32	37.90	40.10	43.68

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):	37.45
MACD (12,26,9):	-0.7700
Directional Movement:	-10.54
AROON (14):	0
DEMA (21):	31.57
Parabolic SAR (0,02-0,02-0,2):	34.14
Elder Ray (13):	-0.54
Super Trend (3,10):	34.29
Zig ZAG (10):	31.80
VORTEX (21):	0.9600
Stochastique (14,3,5):	11.50
TEMA (21):	31.75
Williams %R (14):	-84.78
Chande Momentum Oscillator (20):	-1.64
Repulse (5,40,3):	-2.1800
ROCnROLL:	2
TRIX (15,9):	-0.3700
Courbe Coppock:	1.90

MA7:	32.01
MA20:	32.39
MA50:	35.03
MA100:	37.02
MAexp7:	32.04
MAexp20:	32.68
MAexp50:	34.44
MAexp100:	36.83
Price / MA7:	-0.53%
Price / MA20:	-1.70%
Price / MA50:	-9.11%
Price / MA100:	-13.99%
Price / MAexp7:	-0.62%
Price / MAexp20:	-2.57%
Price / MAexp50:	-7.55%
Price / MAexp100:	-13.55%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on BECHTLE AG O.N. 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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