EVOTEC SEINH O.N. - Daily - Technical analysis published on 05/22/2023 (GMT)
- 150
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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:
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 18.880 | 19.105 | 19.405 | 19.630 | 19.930 | 20.155 | 20.455 |
Camarilla | 19.561 | 19.609 | 19.657 | 19.705 | 19.753 | 19.801 | 19.849 |
Woodie | 18.918 | 19.124 | 19.443 | 19.649 | 19.968 | 20.174 | 20.493 |
Fibonacci | 19.105 | 19.306 | 19.430 | 19.630 | 19.831 | 19.955 | 20.155 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17.747 | 18.508 | 19.107 | 19.868 | 20.467 | 21.228 | 21.827 |
Camarilla | 19.331 | 19.456 | 19.580 | 19.705 | 19.830 | 19.954 | 20.079 |
Woodie | 17.665 | 18.468 | 19.025 | 19.828 | 20.385 | 21.188 | 21.745 |
Fibonacci | 18.508 | 19.028 | 19.349 | 19.868 | 20.388 | 20.709 | 21.228 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10.905 | 13.535 | 15.080 | 17.710 | 19.255 | 21.885 | 23.430 |
Camarilla | 15.477 | 15.860 | 16.242 | 16.625 | 17.008 | 17.390 | 17.773 |
Woodie | 10.363 | 13.264 | 14.538 | 17.439 | 18.713 | 21.614 | 22.888 |
Fibonacci | 13.535 | 15.130 | 16.115 | 17.710 | 19.305 | 20.290 | 21.885 |
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
News
Don't forget to follow the news on EVOTEC SEINH O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: Evotec publishes Annual Report 2022 and Quarterly Statement for Q1 2023
- Evotec publishes Annual Report 2022 and Quarterly Statement for Q1 2023
- EQS-News: Just – Evotec Biologics launches tech partnership for biosimilars development and commercial manufacturing
- EQS-Adhoc: Just – Evotec Biologics enters strategic biosimilars partnership with Sandoz
- Just - Evotec Biologics Enters Strategic Biosimilars Partnership with Sandoz
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EVOTEC SEINH O.N. - Daily