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
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 88.67 | 89.93 | 90.77 | 92.03 | 92.87 | 94.13 | 94.97 |
| Camarilla | 91.02 | 91.22 | 91.41 | 91.60 | 91.79 | 91.99 | 92.18 |
| Woodie | 88.45 | 89.83 | 90.55 | 91.93 | 92.65 | 94.03 | 94.75 |
| Fibonacci | 89.93 | 90.74 | 91.23 | 92.03 | 92.84 | 93.33 | 94.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.62 | 86.33 | 90.92 | 93.63 | 98.22 | 100.93 | 105.52 |
| Camarilla | 93.49 | 94.16 | 94.83 | 95.50 | 96.17 | 96.84 | 97.51 |
| Woodie | 84.55 | 86.80 | 91.85 | 94.10 | 99.15 | 101.40 | 106.45 |
| Fibonacci | 86.33 | 89.12 | 90.85 | 93.63 | 96.42 | 98.15 | 100.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.83 | 74.67 | 82.33 | 92.17 | 99.83 | 109.67 | 117.33 |
| Camarilla | 85.19 | 86.79 | 88.40 | 90.00 | 91.60 | 93.21 | 94.81 |
| Woodie | 63.75 | 74.13 | 81.25 | 91.63 | 98.75 | 109.13 | 116.25 |
| Fibonacci | 74.67 | 81.35 | 85.48 | 92.17 | 98.85 | 102.98 | 109.67 |
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% |
News
The latest news and videos published on BECHTLE AG O.N. at the time of the analysis were as follows:
- DGAP-News: Bechtle Keeps up Growth in Q2
- DGAP-News: Bechtle again reports two-digit growth
- DGAP-News: Bechtle Demonstrates Its Strength
- DGAP-News: Bechtle again with record-breaking figures in 2018
- DGAP-News: Bechtle Perpetuates High Growth Rate
This member declared not having a position on this financial instrument or a related financial instrument.
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