WACKER NEUSON SE NA O.N. - Daily - Technical analysis published on 12/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 16.32 EUR
My targets
17.96 EUR (+7.80%)
18.97 EUR (+13.87%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on WACKER NEUSON SE NA O.N. as long as the price remains well above 16.32 EUR. The buyers” bullish objective is set at 17.96 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18.97 EUR. If there is any crossing, the next objective would be the resistance located at 21.06 EUR.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
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
WACKER NEUSON SE NA O.N. rating 16.66 EUR. The price is lower by -1.77% since the last closing and was traded between 16.66 EUR and 17.05 EUR over the period. The price is currently at 0% from its lowest and -2.29% from its highest.16.66
17.05
16.66
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WACKER NEUSON SE NA O.N.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this WACKER NEUSON SE NA O.N. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 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 this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.47 | 14.36 | 16.32 | 16.66 | 18.97 | 21.06 | 22.64 |
| Change (%) | -19.15% | -13.81% | -2.04% | - | +13.87% | +26.41% | +35.89% |
| Change | -3.19 | -2.30 | -0.34 | - | +2.31 | +4.40 | +5.98 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Minor |
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 | 16.41 | 16.61 | 16.79 | 16.99 | 17.17 | 17.37 | 17.55 |
| Camarilla | 16.86 | 16.89 | 16.93 | 16.96 | 17.00 | 17.03 | 17.07 |
| Woodie | 16.39 | 16.61 | 16.77 | 16.99 | 17.15 | 17.37 | 17.53 |
| Fibonacci | 16.61 | 16.76 | 16.85 | 16.99 | 17.14 | 17.23 | 17.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.97 | 15.58 | 16.40 | 17.01 | 17.83 | 18.44 | 19.26 |
| Camarilla | 16.84 | 16.97 | 17.10 | 17.23 | 17.36 | 17.49 | 17.62 |
| Woodie | 15.09 | 15.63 | 16.52 | 17.06 | 17.95 | 18.49 | 19.38 |
| Fibonacci | 15.58 | 16.12 | 16.46 | 17.01 | 17.55 | 17.89 | 18.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.62 | 14.52 | 15.34 | 16.24 | 17.06 | 17.96 | 18.78 |
| Camarilla | 15.69 | 15.85 | 16.00 | 16.16 | 16.32 | 16.48 | 16.63 |
| Woodie | 13.58 | 14.50 | 15.30 | 16.22 | 17.02 | 17.94 | 18.74 |
| Fibonacci | 14.52 | 15.18 | 15.58 | 16.24 | 16.90 | 17.30 | 17.96 |
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): | 52.59 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | 2.35 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 16.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.61 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 15.88 | |
| Zig ZAG (10): | 16.71 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 66.17 | |
| TEMA (21): | 17.12 | |
| Williams %R (14): | -44.78 | |
| Chande Momentum Oscillator (20): | 0.88 | |
| Repulse (5,40,3): | -3.8200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 10.82 |
| MA7: | 17.01 | |
| MA20: | 16.54 | |
| MA50: | 16.01 | |
| MA100: | 16.23 | |
| MAexp7: | 16.92 | |
| MAexp20: | 16.64 | |
| MAexp50: | 16.43 | |
| MAexp100: | 16.89 | |
| Price / MA7: | -2.06% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +4.06% | |
| Price / MA100: | +2.65% | |
| Price / MAexp7: | -1.54% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +1.40% | |
| Price / MAexp100: | -1.36% |
News
The last news published on WACKER NEUSON SE NA O.N. at the time of the generation of this analysis was as follows:
- DGAP-News: Wacker Neuson Group reports double-digit growth in the third quarter - profitability under pressure
- DGAP-Adhoc: The Wacker Neuson Group publishes preliminary figures for Q3/2019 and revises its forecast
- DGAP-News: The Wacker Neuson Group further sharpens its focus on core products and sells its concrete power trowel business
- DGAP-News: Wacker Neuson Group reports double-digit growth in the first half of the year - Revenue and earnings guidance confirmed
- DGAP-News: Wacker Neuson SE: Increase in Wacker Neuson SE free float
This member declared not having a position on this financial instrument or a related financial instrument.
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