BECHTLE AG O.N.
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 09/25/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 100.00 EUR
My targets
89.90 EUR (-1.26%)
85.63 EUR (-5.95%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BECHTLE AG O.N.. As long as you are under the resistance located at 100.00 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 89.90 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 85.63 EUR as an objective. Crossing it would then enable sellers to target 75.00 EUR. If the resistance 100.00 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BECHTLE AG O.N. price is 91.05 EUR. The price is lower by -0.60% since the last closing with the lowest point at 89.80 EUR and the highest point at 91.40 EUR. The deviation from the price is +1.39% for the low point and -0.38% for the high point.

89.80
91.40
91.05

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of BECHTLE AG O.N. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 75.00 85.63 89.90 91.05 100.00 106.58 110.60
Change (%) -17.63% -5.95% -1.26% - +9.83% +17.06% +21.47%
Change -16.05 -5.42 -1.15 - +8.95 +15.53 +19.55
Level Intermediate Major Major - 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
Standard88.6789.9390.7792.0392.8794.1394.97
Camarilla91.0291.2291.4191.6091.7991.9992.18
Woodie88.4589.8390.5591.9392.6594.0394.75
Fibonacci89.9390.7491.2392.0392.8493.3394.13


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard83.6286.3390.9293.6398.22100.93105.52
Camarilla93.4994.1694.8395.5096.1796.8497.51
Woodie84.5586.8091.8594.1099.15101.40106.45
Fibonacci86.3389.1290.8593.6396.4298.15100.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.8374.6782.3392.1799.83109.67117.33
Camarilla85.1986.7988.4090.0091.6093.2194.81
Woodie63.7574.1381.2591.6398.75109.13116.25
Fibonacci74.6781.3585.4892.1798.85102.98109.67

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): 48.54
MACD (12,26,9): 0.2600
Directional Movement: 0.09
AROON (14): 50.00
DEMA (21): 91.36
Parabolic SAR (0,02-0,02-0,2): 88.08
Elder Ray (13): -1.06
Super Trend (3,10): 88.07
Zig ZAG (10): 91.05
VORTEX (21): 1.0700
Stochastique (14,3,5): 53.87
TEMA (21): 92.90
Williams %R (14): -53.54
Chande Momentum Oscillator (20): 1.75
Repulse (5,40,3): -1.7000
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 6.31
MA7: 92.94
MA20: 90.86
MA50: 92.97
MA100: 97.33
MAexp7: 92.13
MAexp20: 91.38
MAexp50: 92.62
MAexp100: 92.77
Price / MA7: -2.03%
Price / MA20: +0.21%
Price / MA50: -2.07%
Price / MA100: -6.45%
Price / MAexp7: -1.17%
Price / MAexp20: -0.36%
Price / MAexp50: -1.70%
Price / MAexp100: -1.85%

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

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