ADDEX N
ADDEX N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ADXN
ISIN: CH0029850754

ADDEX N - Daily - Technical analysis published on 01/12/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.0521 CHF
My targets
0.0659 CHF (+16.38%)
0.0700 CHF (+23.67%)
My analysis
The strong short-term increase of ADDEX N should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.0521 CHF, a purchase could be considered. The first bullish objective is located at 0.0659 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.0700 CHF. If there is any crossing, the next objective would be the resistance at 0.0947 CHF. Caution, if there is a return under 0.0521 CHF, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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
3.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The ADDEX N price is 0.0566 CHF. On the day, this instrument gained +10.98% and was traded between 0.0510 CHF and 0.0566 CHF over the period. The price is currently at +10.98% from its lowest and 0% from its highest.

0.0510
0.0566
0.0566

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in Daily of this ADDEX N chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.0457 0.0566 0.0700 0.0947 0.1128
Change (%) -19.26% - +23.67% +67.31% +99.29%
Change -0.0109 - +0.0134 +0.0381 +0.0562
Level Intermediate - Minor 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
Standard0.03900.04500.04800.05400.05700.06300.0660
Camarilla0.04850.04940.05020.05100.05180.05270.0535
Woodie0.03750.04430.04650.05330.05550.06230.0645
Fibonacci0.04500.04840.05060.05400.05740.05960.0630


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.04130.04310.04650.04830.05170.05350.0569
Camarilla0.04840.04890.04930.04980.05030.05080.0512
Woodie0.04200.04350.04720.04870.05240.05390.0576
Fibonacci0.04310.04510.04640.04830.05030.05160.0535


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.02450.03050.03830.04430.05210.05810.0659
Camarilla0.04220.04350.04470.04600.04730.04850.0498
Woodie0.02530.03100.03910.04480.05290.05860.0667
Fibonacci0.03050.03580.03910.04430.04960.05290.0581

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): 60.11
MACD (12,26,9): 0.0026
Directional Movement: 13.3522
AROON (14): 71.4285
DEMA (21): 0.0520
Parabolic SAR (0,02-0,02-0,2): 0.0462
Elder Ray (13): 0.0028
Super Trend (3,10): 0.0439
Zig ZAG (10): 0.0566
VORTEX (21): 1.0399
Stochastique (14,3,5): 55.08
TEMA (21): 0.0556
Williams %R (14): -40.43
Chande Momentum Oscillator (20): 0.0112
Repulse (5,40,3): -8.4118
ROCnROLL: 1
TRIX (15,9): 0.3898
Courbe Coppock: 50.58
MA7: 0.0540
MA20: 0.0473
MA50: 0.0465
MA100: 0.0578
MAexp7: 0.0534
MAexp20: 0.0494
MAexp50: 0.0501
MAexp100: 0.0618
Price / MA7: +4.81%
Price / MA20: +19.66%
Price / MA50: +21.72%
Price / MA100: -2.08%
Price / MAexp7: +5.99%
Price / MAexp20: +14.57%
Price / MAexp50: +12.97%
Price / MAexp100: -8.41%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

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

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