ENCAVIS AGINH. O.N.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ECV
ISIN:	DE0006095003

ENCAVIS AGINH. O.N. - Daily - Technical analysis published on 08/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

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ENCAVIS AGINH. O.N. Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

56%

17%

My opinion

Bearish under 14.682 EUR

My targets

12.474 EUR (-9.58%)

9.158 EUR (-33.61%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ENCAVIS AGINH. O.N. as long as the price remains well below 14.682 EUR. The sellers' bearish objective is set at 12.474 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.158 EUR. In case of crossing, the next objective would be the support located at 7.038 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

Comment on the analysis

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.

Additional analysis

Quotes

The ENCAVIS AGINH. O.N. rating is 13.795 EUR. The price registered a decrease of -0.04% on the session and was between 13.600 EUR and 13.810 EUR. This implies that the price is at +1.43% from its lowest and at -0.11% from its highest.

13.600

13.810

13.795

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ENCAVIS AGINH. O.N. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami cross

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.038	9.158	12.474	13.795	14.682	16.765	18.208
Change (%)	-48.98%	-33.61%	-9.58%	-	+6.43%	+21.53%	+31.99%
Change	-6.757	-4.637	-1.321	-	+0.887	+2.970	+4.413
Level	Minor	Major	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.608	12.867	13.333	13.592	14.058	14.317	14.783
Camarilla	13.601	13.667	13.734	13.800	13.867	13.933	13.999
Woodie	12.713	12.919	13.438	13.644	14.163	14.369	14.888
Fibonacci	12.867	13.144	13.315	13.592	13.869	14.040	14.317

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.410	13.780	13.980	14.350	14.550	14.920	15.120
Camarilla	14.023	14.076	14.128	14.180	14.232	14.285	14.337
Woodie	13.325	13.738	13.895	14.308	14.465	14.878	15.035
Fibonacci	13.780	13.998	14.132	14.350	14.568	14.702	14.920

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.530	13.315	14.280	15.065	16.030	16.815	17.780
Camarilla	14.764	14.924	15.085	15.245	15.405	15.566	15.726
Woodie	12.620	13.360	14.370	15.110	16.120	16.860	17.870
Fibonacci	13.315	13.984	14.397	15.065	15.734	16.147	16.815

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	35.46
MACD (12,26,9):	-0.3760
Directional Movement:	-26.551
AROON (14):	-85.714
DEMA (21):	13.978
Parabolic SAR (0,02-0,02-0,2):	14.357
Elder Ray (13):	-0.509
Super Trend (3,10):	14.706
Zig ZAG (10):	13.760
VORTEX (21):	0.8220
Stochastique (14,3,5):	20.23
TEMA (21):	13.750
Williams %R (14):	-72.45
Chande Momentum Oscillator (20):	-1.400
Repulse (5,40,3):	0.9140
ROCnROLL:	2
TRIX (15,9):	-0.2380
Courbe Coppock:	17.32

MA7:	13.949
MA20:	14.652
MA50:	14.983
MA100:	15.314
MAexp7:	13.937
MAexp20:	14.417
MAexp50:	14.888
MAexp100:	15.498
Price / MA7:	-1.10%
Price / MA20:	-5.85%
Price / MA50:	-7.93%
Price / MA100:	-9.92%
Price / MAexp7:	-1.02%
Price / MAexp20:	-4.31%
Price / MAexp50:	-7.34%
Price / MAexp100:	-10.99%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on ENCAVIS AGINH. O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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