SIEGFRIED N - Daily - Technical analysis published on 11/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 398.00 CHF
My targets
406.90 CHF (+1.47%)
417.50 CHF (+4.11%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SIEGFRIED N as long as the price remains well above 398.00 CHF. The buyers” bullish objective is set at 406.90 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 417.50 CHF. If there is any crossing, the next objective would be the resistance located at 462.50 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
0
10
6.3
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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
SIEGFRIED N rating 401.00 CHF. The price registered a decrease of -1.11% on the session with the lowest point at 398.50 CHF and the highest point at 405.50 CHF. The deviation from the price is +0.63% for the low point and -1.11% for the high point.398.50
405.50
401.00
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SIEGFRIED N chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 356.81 | 386.50 | 398.00 | 401.00 | 406.90 | 417.50 | 462.50 |
| Change (%) | -11.02% | -3.62% | -0.75% | - | +1.47% | +4.11% | +15.34% |
| Change | -44.19 | -14.50 | -3.00 | - | +5.90 | +16.50 | +61.50 |
| Level | Intermediate | Major | Minor | - | 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 | 395.17 | 399.33 | 404.67 | 408.83 | 414.17 | 418.33 | 423.67 |
| Camarilla | 407.39 | 408.26 | 409.13 | 410.00 | 410.87 | 411.74 | 412.61 |
| Woodie | 395.75 | 399.63 | 405.25 | 409.13 | 414.75 | 418.63 | 424.25 |
| Fibonacci | 399.33 | 402.96 | 405.20 | 408.83 | 412.46 | 414.70 | 418.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 383.83 | 390.17 | 395.83 | 402.17 | 407.83 | 414.17 | 419.83 |
| Camarilla | 398.20 | 399.30 | 400.40 | 401.50 | 402.60 | 403.70 | 404.80 |
| Woodie | 383.50 | 390.00 | 395.50 | 402.00 | 407.50 | 414.00 | 419.50 |
| Fibonacci | 390.17 | 394.75 | 397.58 | 402.17 | 406.75 | 409.58 | 414.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 348.83 | 362.17 | 381.83 | 395.17 | 414.83 | 428.17 | 447.83 |
| Camarilla | 392.43 | 395.45 | 398.48 | 401.50 | 404.53 | 407.55 | 410.58 |
| Woodie | 352.00 | 363.75 | 385.00 | 396.75 | 418.00 | 429.75 | 451.00 |
| Fibonacci | 362.17 | 374.77 | 382.56 | 395.17 | 407.77 | 415.56 | 428.17 |
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): | 55.62 | |
| MACD (12,26,9): | 3.6000 | |
| Directional Movement: | 7.33 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 405.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 396.95 | |
| Elder Ray (13): | 2.21 | |
| Super Trend (3,10): | 386.53 | |
| Zig ZAG (10): | 405.00 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 80.73 | |
| TEMA (21): | 407.50 | |
| Williams %R (14): | -43.24 | |
| Chande Momentum Oscillator (20): | 1.50 | |
| Repulse (5,40,3): | 0.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 5.62 |
| MA7: | 405.00 | |
| MA20: | 400.30 | |
| MA50: | 399.10 | |
| MA100: | 382.14 | |
| MAexp7: | 405.41 | |
| MAexp20: | 401.31 | |
| MAexp50: | 395.53 | |
| MAexp100: | 387.22 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | +0.17% | |
| Price / MA50: | +0.48% | |
| Price / MA100: | +4.94% | |
| Price / MAexp7: | -1.09% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +1.38% | |
| Price / MAexp100: | +3.56% |
News
The last news published on SIEGFRIED N at the time of the generation of this analysis was as follows:
Siegfried HoldingThis member declared not having a position on this financial instrument or a related financial instrument.
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