EVOTEC SEINH O.N.
EVOTEC SEINH O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EVT
ISIN: DE0005664809

EVOTEC SEINH O.N. - Daily - Technical analysis published on 05/22/2023 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 18.580 EUR
My targets
20.130 EUR (+2.21%)
21.250 EUR (+7.90%)
My analysis
The bullish trend is currently very strong on EVOTEC SEINH O.N.. As long as the price remains above the support at 18.580 EUR, you could try to benefit from the boom. The first bullish objective is located at 20.130 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.250 EUR as an objective. Crossing it would then enable buyers to target 22.380 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

EVOTEC SEINH O.N. rating 19.695 EUR. The price registered a decrease of -0.05% on the session and was traded between 19.475 EUR and 19.840 EUR over the period. The price is currently at +1.13% from its lowest and -0.73% from its highest.

19.475
19.840
19.695

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EVOTEC SEINH O.N. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.975 16.623 18.580 19.695 20.130 21.250 22.380
Change (%) -23.97% -15.60% -5.66% - +2.21% +7.90% +13.63%
Change -4.720 -3.072 -1.115 - +0.435 +1.555 +2.685
Level Major Major Major - Major Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.88019.10519.40519.63019.93020.15520.455
Camarilla19.56119.60919.65719.70519.75319.80119.849
Woodie18.91819.12419.44319.64919.96820.17420.493
Fibonacci19.10519.30619.43019.63019.83119.95520.155


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.74718.50819.10719.86820.46721.22821.827
Camarilla19.33119.45619.58019.70519.83019.95420.079
Woodie17.66518.46819.02519.82820.38521.18821.745
Fibonacci18.50819.02819.34919.86820.38820.70921.228


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.90513.53515.08017.71019.25521.88523.430
Camarilla15.47715.86016.24216.62517.00817.39017.773
Woodie10.36313.26414.53817.43918.71321.61422.888
Fibonacci13.53515.13016.11517.71019.30520.29021.885

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): 60.64
MACD (12,26,9): 0.4770
Directional Movement: 12.331
AROON (14): 50.000
DEMA (21): 19.092
Parabolic SAR (0,02-0,02-0,2): 17.826
Elder Ray (13): 0.743
Super Trend (3,10): 17.425
Zig ZAG (10): 19.690
VORTEX (21): 1.0520
Stochastique (14,3,5): 79.84
TEMA (21): 19.580
Williams %R (14): -17.91
Chande Momentum Oscillator (20): 2.585
Repulse (5,40,3): 0.0690
ROCnROLL: 1
TRIX (15,9): 0.1180
Courbe Coppock: 31.18
MA7: 19.624
MA20: 17.953
MA50: 18.247
MA100: 17.973
MAexp7: 19.371
MAexp20: 18.617
MAexp50: 18.271
MAexp100: 18.287
Price / MA7: +0.36%
Price / MA20: +9.70%
Price / MA50: +7.94%
Price / MA100: +9.58%
Price / MAexp7: +1.67%
Price / MAexp20: +5.79%
Price / MAexp50: +7.79%
Price / MAexp100: +7.70%

Quotes : - 15 min delayed data - Germany Stocks

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

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