NEMETSCHEK SE O.N.
NEMETSCHEK SE O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NEM
ISIN: DE0006452907

NEMETSCHEK SE O.N. - Daily - Technical analysis published on 11/18/2019 (GMT)

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  • 11/18/2019 - 16:29
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  • Timeframe : Daily
  • - Analysis generated on 11/18/2019 - 16:28
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 53.03 EUR
My targets
54.82 EUR (+1.61%)
57.30 EUR (+6.21%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEMETSCHEK SE O.N. as long as the price remains well above 53.03 EUR. The buyers” bullish objective is set at 54.82 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 57.30 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

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 NEMETSCHEK SE O.N. price is 53.95 EUR. The price has increased by +1.51% since the last closing and was traded between 53.15 EUR and 54.00 EUR over the period. The price is currently at +1.51% from its lowest and -0.09% from its highest.

53.15
54.00
53.95

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.

Central Gaps

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:
Created with Raphaël 2.3.0075150225300January 1st3 years1 year6 months1 month5 daysToday

Technical


A technical analysis in Daily of this NEMETSCHEK SE O.N. chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



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

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 48.73 51.13 53.03 53.95 54.82 57.30
Change (%) -9.68% -5.23% -1.71% - +1.61% +6.21%
Change -5.22 -2.82 -0.92 - +0.87 +3.35
Level Major Major Intermediate - Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.1851.7252.4352.9753.6854.2254.93
Camarilla52.8152.9253.0453.1553.2753.3853.49
Woodie51.2851.7652.5353.0153.7854.2655.03
Fibonacci51.7252.1952.4952.9753.4453.7454.22


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.6050.6551.9052.9554.2055.2556.50
Camarilla52.5252.7352.9453.1553.3653.5753.78
Woodie49.7050.7052.0053.0054.3055.3056.60
Fibonacci50.6551.5352.0752.9553.8354.3755.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.2738.2741.9446.9450.6155.6159.28
Camarilla43.2244.0144.8145.6046.4047.1947.98
Woodie32.6037.9441.2746.6149.9455.2858.61
Fibonacci38.2741.5943.6346.9450.2652.3055.61

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy14
Moving averages
Created with Raphaël 2.3.0Buy25

RSI (14): 71.21
MACD (12,26,9): 1.8500
Directional Movement: 21.29
AROON (14): 85.71
DEMA (21): 52.68
Parabolic SAR (0,02-0,02-0,2): 48.72
Elder Ray (13): 2.11
Super Trend (3,10): 48.63
Zig ZAG (10): 53.40
VORTEX (21): 1.1500
Stochastique (14,3,5): 90.34
TEMA (21): 53.98
Williams %R (14): -5.85
Chande Momentum Oscillator (20): 7.95
Repulse (5,40,3): -0.4500
ROCnROLL: 1
TRIX (15,9): 0.4500
Courbe Coppock: 28.00
MA7: 52.86
MA20: 49.50
MA50: 47.49
MA100: 49.11
MAexp7: 52.62
MAexp20: 50.53
MAexp50: 48.78
MAexp100: 48.17
Price / MA7: +2.06%
Price / MA20: +8.99%
Price / MA50: +13.60%
Price / MA100: +9.86%
Price / MAexp7: +2.53%
Price / MAexp20: +6.77%
Price / MAexp50: +10.60%
Price / MAexp100: +12.00%

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

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