CANCOM SE O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	COK
ISIN:	DE0005419105

CANCOM SE O.N. - Daily - Technical analysis published on 05/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 30.81 EUR

My targets

34.19 EUR (+6.91%)

35.34 EUR (+10.51%)

My analysis

A bullish trend on CANCOM SE O.N. both in substance and in the short term. A purchase could be considered as long as the price remains above 30.81 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 34.19 EUR. Then the price could move towards 35.34 EUR. Then 45.17 EUR by extension. Be careful, a return below 30.81 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

5.2

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.

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Additional analysis

Quotes

The CANCOM SE O.N. rating is 31.98 EUR. The price registered a decrease of -0.37% on the session and was traded between 31.84 EUR and 32.34 EUR over the period. The price is currently at +0.44% from its lowest and -1.11% from its highest.

31.84

32.34

31.98

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CANCOM SE O.N. chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.94	27.20	30.81	31.98	32.25	34.19	35.34
Change (%)	-22.01%	-14.95%	-3.66%	-	+0.84%	+6.91%	+10.51%
Change	-7.04	-4.78	-1.17	-	+0.27	+2.21	+3.36
Level	Minor	Intermediate	Major	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.91	31.27	31.69	32.05	32.47	32.83	33.25
Camarilla	31.89	31.96	32.03	32.10	32.17	32.24	32.32
Woodie	30.93	31.29	31.71	32.07	32.49	32.85	33.27
Fibonacci	31.27	31.57	31.76	32.05	32.35	32.54	32.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.29	29.19	30.87	31.77	33.45	34.35	36.03
Camarilla	31.85	32.09	32.32	32.56	32.80	33.03	33.27
Woodie	28.69	29.39	31.27	31.97	33.85	34.55	36.43
Fibonacci	29.19	30.17	30.78	31.77	32.75	33.36	34.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.86	28.04	30.30	31.48	33.74	34.92	37.18
Camarilla	31.61	31.93	32.25	32.56	32.88	33.19	33.51
Woodie	27.40	28.31	30.84	31.75	34.28	35.19	37.72
Fibonacci	28.04	29.35	30.17	31.48	32.79	33.61	34.92

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):	56.57
MACD (12,26,9):	0.0900
Directional Movement:	3.21
AROON (14):	85.71
DEMA (21):	31.30
Parabolic SAR (0,02-0,02-0,2):	29.39
Elder Ray (13):	0.65
Super Trend (3,10):	32.97
Zig ZAG (10):	31.96
VORTEX (21):	1.0900
Stochastique (14,3,5):	75.66
TEMA (21):	31.68
Williams %R (14):	-31.51
Chande Momentum Oscillator (20):	1.14
Repulse (5,40,3):	-0.9100
ROCnROLL:	1
TRIX (15,9):	-0.1200
Courbe Coppock:	9.96

MA7:	31.74
MA20:	30.82
MA50:	32.09
MA100:	31.49
MAexp7:	31.74
MAexp20:	31.37
MAexp50:	31.55
MAexp100:	31.33
Price / MA7:	+0.76%
Price / MA20:	+3.76%
Price / MA50:	-0.34%
Price / MA100:	+1.56%
Price / MAexp7:	+0.76%
Price / MAexp20:	+1.94%
Price / MAexp50:	+1.36%
Price / MAexp100:	+2.07%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on CANCOM SE O.N. at the time of the analysis were as follows:

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

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