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. - 1H - Technical analysis published on 04/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 29.49 EUR

My targets

28.42 EUR (-2.07%)

28.00 EUR (-3.51%)

My analysis

CANCOM SE O.N. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 29.49 EUR. The next support located at 28.42 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 28.00 EUR. Below this support, sellers could then target 27.52 EUR.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

5.4

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 29.02 EUR. On the day, this instrument lost -0.21% with the lowest point at 29.02 EUR and the highest point at 29.54 EUR. The deviation from the price is 0% for the low point and -1.76% for the high point.

29.02

29.54

29.02

Here is a more detailed summary of the historical variations registered by CANCOM SE O.N.:

Technical

A technical analysis in 1H of this CANCOM SE O.N. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.52	28.00	28.42	29.02	29.12	29.49	30.14
Change (%)	-5.17%	-3.51%	-2.07%	-	+0.34%	+1.62%	+3.86%
Change	-1.50	-1.02	-0.60	-	+0.10	+0.47	+1.12
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	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	27.21	28.11	28.59	29.49	29.97	30.87	31.35
Camarilla	28.70	28.83	28.95	29.08	29.21	29.33	29.46
Woodie	27.01	28.01	28.39	29.39	29.77	30.77	31.15
Fibonacci	28.11	28.63	28.96	29.49	30.01	30.34	30.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.21	26.81	27.73	29.33	30.25	31.85	32.77
Camarilla	27.95	28.18	28.41	28.64	28.87	29.10	29.33
Woodie	24.86	26.64	27.38	29.16	29.90	31.68	32.42
Fibonacci	26.81	27.78	28.37	29.33	30.30	30.89	31.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.05	24.23	25.93	27.11	28.81	29.99	31.69
Camarilla	26.85	27.11	27.38	27.64	27.90	28.17	28.43
Woodie	23.32	24.36	26.20	27.24	29.08	30.12	31.96
Fibonacci	24.23	25.33	26.01	27.11	28.21	28.89	29.99

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	35.62
MACD (12,26,9):	-0.1800
Directional Movement:	-17.47
AROON (14):	-50.00
DEMA (21):	29.38
Parabolic SAR (0,02-0,02-0,2):	29.70
Elder Ray (13):	-0.26
Super Trend (3,10):	29.66
Zig ZAG (10):	29.04
VORTEX (21):	0.7200
Stochastique (14,3,5):	9.40
TEMA (21):	29.06
Williams %R (14):	-96.43
Chande Momentum Oscillator (20):	-1.00
Repulse (5,40,3):	-0.3400
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	6.77

MA7:	29.32
MA20:	29.52
MA50:	28.03
MA100:	28.34
MAexp7:	29.22
MAexp20:	29.56
MAexp50:	29.63
MAexp100:	29.52
Price / MA7:	-1.02%
Price / MA20:	-1.69%
Price / MA50:	+3.53%
Price / MA100:	+2.40%
Price / MAexp7:	-0.68%
Price / MAexp20:	-1.83%
Price / MAexp50:	-2.06%
Price / MAexp100:	-1.69%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on CANCOM SE O.N. at the time of the generation of this analysis was as follows:

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

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