BAYWA AG VINK.NA. O.N. - Daily - Technical analysis published on 09/06/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 33.85 EUR
My targets
30.20 EUR (-8.48%)
25.88 EUR (-21.58%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 33.85 EUR remains possible. It is advisable to trade BAYWA AG VINK.NA. O.N. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 33.85 EUR. The next bearish objective for sellers is set at 30.20 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 25.88 EUR. In case of crossing, the next objective would be the support located at 23.72 EUR. PS: if there is a bullish break in the resistance located at 33.85 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BAYWA AG VINK.NA. O.N. rating 33.00 EUR. On the day, this instrument gained +1.38% with the lowest point at 32.35 EUR and the highest point at 33.00 EUR. The deviation from the price is +2.01% for the low point and 0% for the high point.32.35
33.00
33.00
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this BAYWA AG VINK.NA. O.N. chart shows a bearish trend. 78.57% 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 bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 25.88 | 30.20 | 32.99 | 33.00 | 37.61 | 40.36 | 41.91 |
Change (%) | -21.58% | -8.48% | -0.03% | - | +13.97% | +22.30% | +27.00% |
Change | -7.12 | -2.80 | -0.01 | - | +4.61 | +7.36 | +8.91 |
Level | Major | Major | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 31.30 | 31.85 | 32.20 | 32.75 | 33.10 | 33.65 | 34.00 |
Camarilla | 32.30 | 32.39 | 32.47 | 32.55 | 32.63 | 32.72 | 32.80 |
Woodie | 31.20 | 31.80 | 32.10 | 32.70 | 33.00 | 33.60 | 33.90 |
Fibonacci | 31.85 | 32.19 | 32.41 | 32.75 | 33.09 | 33.31 | 33.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.27 | 30.03 | 31.27 | 32.03 | 33.27 | 34.03 | 35.27 |
Camarilla | 31.95 | 32.13 | 32.32 | 32.50 | 32.68 | 32.87 | 33.05 |
Woodie | 29.50 | 30.15 | 31.50 | 32.15 | 33.50 | 34.15 | 35.50 |
Fibonacci | 30.03 | 30.80 | 31.27 | 32.03 | 32.80 | 33.27 | 34.03 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 20.60 | 25.45 | 29.00 | 33.85 | 37.40 | 42.25 | 45.80 |
Camarilla | 30.24 | 31.01 | 31.78 | 32.55 | 33.32 | 34.09 | 34.86 |
Woodie | 19.95 | 25.13 | 28.35 | 33.53 | 36.75 | 41.93 | 45.15 |
Fibonacci | 25.45 | 28.66 | 30.64 | 33.85 | 37.06 | 39.04 | 42.25 |
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): | 43.56 | |
MACD (12,26,9): | -0.7400 | |
Directional Movement: | -0.99 | |
AROON (14): | 71.42 | |
DEMA (21): | 31.56 | |
Parabolic SAR (0,02-0,02-0,2): | 31.05 | |
Elder Ray (13): | 0.03 | |
Super Trend (3,10): | 30.99 | |
Zig ZAG (10): | 32.45 | |
VORTEX (21): | 0.8800 | |
Stochastique (14,3,5): | 75.12 | |
TEMA (21): | 31.86 | |
Williams %R (14): | -35.82 | |
Chande Momentum Oscillator (20): | 1.75 | |
Repulse (5,40,3): | -0.4600 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.5000 | |
Courbe Coppock: | 3.15 |
MA7: | 32.64 | |
MA20: | 31.95 | |
MA50: | 35.23 | |
MA100: | 36.80 | |
MAexp7: | 32.47 | |
MAexp20: | 32.76 | |
MAexp50: | 34.53 | |
MAexp100: | 36.38 | |
Price / MA7: | +1.10% | |
Price / MA20: | +3.29% | |
Price / MA50: | -6.33% | |
Price / MA100: | -10.33% | |
Price / MAexp7: | +1.63% | |
Price / MAexp20: | +0.73% | |
Price / MAexp50: | -4.43% | |
Price / MAexp100: | -9.29% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on BAYWA AG VINK.NA. O.N. at the time of the analysis were as follows:
- EQS-News: BayWa Group remains on course in first half of year – Board of Management confirms 2023 EBIT target
- EQS-News: BayWa AG reports strong first quarter
- EQS-News: Record result in 2022: BayWa AG underscores profitable growth
- EQS-Adhoc: BayWa AG: Sale of the BayWa Group’s international solar trading business
- EQS-News: BayWa posts record result in 2022 – Board of Management proposes a dividend increase plus payment of a special dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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