DRAEGERWERK VZO O.N.
DRAEGERWERK VZO O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DRW3
ISIN: DE0005550636

DRAEGERWERK VZO O.N. - Daily - Technical analysis published on 01/16/2020 (GMT)

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  • Timeframe : Daily
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  • Status : INVALID

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 51.66 EUR
My targets
56.58 EUR (+2.04%)
58.55 EUR (+5.59%)
My analysis
A bullish trend on DRAEGERWERK VZO O.N. both in substance and in the short term. A purchase could be considered as long as the price remains above 51.66 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 56.58 EUR. Then the price could move towards 58.55 EUR. Then 73.80 EUR by extension. Be careful, a return below 51.66 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
4.1

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The DRAEGERWERK VZO O.N. rating is 55.45 EUR. The price is lower by -0.98% since the last closing and was between 55.45 EUR and 56.75 EUR. This implies that the price is at 0% from its lowest and at -2.29% from its highest.

55.45
56.75
55.45

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 for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this DRAEGERWERK VZO O.N. chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily


Support of triangle is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 48.21 51.66 55.08 55.45 56.58 58.55 73.80
Change (%) -13.06% -6.83% -0.67% - +2.04% +5.59% +33.09%
Change -7.24 -3.79 -0.37 - +1.13 +3.10 +18.35
Level Intermediate Major Major - Major Major Intermediate



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
Standard54.0854.6755.3355.9256.5857.1757.83
Camarilla55.6655.7755.8956.0056.1256.2356.34
Woodie54.1354.6955.3855.9456.6357.1957.88
Fibonacci54.6755.1455.4455.9256.3956.6957.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.8252.1354.0756.3858.3260.6362.57
Camarilla54.8355.2255.6156.0056.3956.7857.17
Woodie49.6352.0453.8856.2958.1360.5462.38
Fibonacci52.1353.7654.7656.3858.0159.0160.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.9850.0752.8854.9757.7859.8762.68
Camarilla54.3554.8055.2555.7056.1556.6057.05
Woodie48.3550.2553.2555.1558.1560.0563.05
Fibonacci50.0751.9453.1054.9756.8458.0059.87

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.21
MACD (12,26,9): 0.3100
Directional Movement: 7.52
AROON (14): 64.29
DEMA (21): 55.98
Parabolic SAR (0,02-0,02-0,2): 54.56
Elder Ray (13): 0.37
Super Trend (3,10): 52.92
Zig ZAG (10): 55.45
VORTEX (21): 1.0400
Stochastique (14,3,5): 43.15
TEMA (21): 55.85
Williams %R (14): -73.03
Chande Momentum Oscillator (20): 0.35
Repulse (5,40,3): -3.3200
ROCnROLL: -1
TRIX (15,9): 0.0600
Courbe Coppock: 5.47
MA7: 56.13
MA20: 55.31
MA50: 55.44
MA100: 50.90
MAexp7: 55.86
MAexp20: 55.58
MAexp50: 54.53
MAexp100: 52.68
Price / MA7: -1.21%
Price / MA20: +0.25%
Price / MA50: +0.02%
Price / MA100: +8.94%
Price / MAexp7: -0.73%
Price / MAexp20: -0.23%
Price / MAexp50: +1.69%
Price / MAexp100: +5.26%

News


The latest news and videos published on DRAEGERWERK VZO O.N. at the time of the analysis were as follows:

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

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