WUESTENROT+WUERTT.AG O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	WUW
ISIN:	DE0008051004

WUESTENROT+WUERTT.AG O.N. - Daily - Technical analysis published on 11/22/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

67%

28%

My opinion

Bullish above 14.26 EUR

My targets

15.41 EUR (+1.65%)

16.08 EUR (+6.07%)

My analysis

The strong short-term increase of WUESTENROT+WUERTT.AG O.N. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 14.26 EUR, a purchase could be considered. The first bullish objective is located at 15.41 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 16.08 EUR. If there is any crossing, the next objective would be the resistance at 16.97 EUR. Caution, if there is a return under 14.26 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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 WUESTENROT+WUERTT.AG O.N. rating is 15.16 EUR. On the day, this instrument lost -0.13% with the lowest point at 15.12 EUR and the highest point at 15.22 EUR. The deviation from the price is +0.26% for the low point and -0.39% for the high point.

15.12

15.22

15.16

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

Bullish opening

Type : Bullish

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:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this WUESTENROT+WUERTT.AG O.N. chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.44	13.92	14.26	15.16	15.41	16.08	16.97
Change (%)	-11.35%	-8.18%	-5.94%	-	+1.65%	+6.07%	+11.94%
Change	-1.72	-1.24	-0.90	-	+0.25	+0.92	+1.81
Level	Major	Major	Minor	-	Minor	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.80	14.98	15.08	15.26	15.36	15.54	15.64
Camarilla	15.10	15.13	15.15	15.18	15.21	15.23	15.26
Woodie	14.76	14.96	15.04	15.24	15.32	15.52	15.60
Fibonacci	14.98	15.09	15.15	15.26	15.37	15.43	15.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.59	14.83	15.11	15.35	15.63	15.87	16.15
Camarilla	15.26	15.31	15.35	15.40	15.45	15.50	15.54
Woodie	14.62	14.84	15.14	15.36	15.66	15.88	16.18
Fibonacci	14.83	15.03	15.15	15.35	15.55	15.67	15.87

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.61	13.01	13.65	14.05	14.69	15.09	15.73
Camarilla	13.99	14.09	14.19	14.28	14.38	14.47	14.57
Woodie	12.72	13.07	13.76	14.11	14.80	15.15	15.84
Fibonacci	13.01	13.41	13.66	14.05	14.45	14.70	15.09

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):	59.03
MACD (12,26,9):	0.2400
Directional Movement:	18.63
AROON (14):	85.71
DEMA (21):	15.23
Parabolic SAR (0,02-0,02-0,2):	15.06
Elder Ray (13):	0.08
Super Trend (3,10):	14.53
Zig ZAG (10):	15.20
VORTEX (21):	1.2100
Stochastique (14,3,5):	70.76
TEMA (21):	15.52
Williams %R (14):	-35.85
Chande Momentum Oscillator (20):	0.48
Repulse (5,40,3):	-0.5800
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	12.10

MA7:	15.26
MA20:	14.88
MA50:	14.51
MA100:	15.54
MAexp7:	15.22
MAexp20:	14.95
MAexp50:	14.91
MAexp100:	15.36
Price / MA7:	-0.66%
Price / MA20:	+1.88%
Price / MA50:	+4.48%
Price / MA100:	-2.45%
Price / MAexp7:	-0.39%
Price / MAexp20:	+1.40%
Price / MAexp50:	+1.68%
Price / MAexp100:	-1.30%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on WUESTENROT+WUERTT.AG O.N.. 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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