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 06/01/2023 (GMT)

Londinia

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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

89%

11%

My opinion

Bullish above 20.360 EUR

My targets

21.250 EUR (+2.21%)

22.380 EUR (+7.65%)

My analysis

EVOTEC SEINH O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 20.360 EUR. The next resistance located at 21.250 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 22.380 EUR. After this resistance, buyers could then target 26.817 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.9

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 EVOTEC SEINH O.N. price is 20.790 EUR. The price has increased by +2.97% since the last closing with the lowest point at 20.350 EUR and the highest point at 20.960 EUR. The deviation from the price is +2.16% for the low point and -0.81% for the high point.

20.350

20.960

20.790

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

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

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EVOTEC SEINH O.N. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.510	19.345	20.360	20.790	21.250	22.380	26.817
Change (%)	-10.97%	-6.95%	-2.07%	-	+2.21%	+7.65%	+28.99%
Change	-2.280	-1.445	-0.430	-	+0.460	+1.590	+6.027
Level	Intermediate	Major	Intermediate	-	Minor	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.125	19.370	19.780	20.025	20.435	20.680	21.090
Camarilla	20.010	20.070	20.130	20.190	20.250	20.310	20.370
Woodie	19.208	19.411	19.863	20.066	20.518	20.721	21.173
Fibonacci	19.370	19.620	19.775	20.025	20.275	20.430	20.680

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.412	18.943	19.657	20.188	20.902	21.433	22.147
Camarilla	20.028	20.142	20.256	20.370	20.484	20.598	20.712
Woodie	18.503	18.989	19.748	20.234	20.993	21.479	22.238
Fibonacci	18.943	19.419	19.713	20.188	20.664	20.958	21.433

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.467	13.423	16.807	18.763	22.147	24.103	27.487
Camarilla	18.722	19.211	19.701	20.190	20.680	21.169	21.659
Woodie	12.180	13.780	17.520	19.120	22.860	24.460	28.200
Fibonacci	13.423	15.463	16.724	18.763	20.803	22.064	24.103

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):	64.81
MACD (12,26,9):	0.6250
Directional Movement:	19.104
AROON (14):	100.000
DEMA (21):	20.276
Parabolic SAR (0,02-0,02-0,2):	19.615
Elder Ray (13):	0.780
Super Trend (3,10):	18.534
Zig ZAG (10):	20.870
VORTEX (21):	1.1490
Stochastique (14,3,5):	77.24
TEMA (21):	20.700
Williams %R (14):	-5.92
Chande Momentum Oscillator (20):	0.460
Repulse (5,40,3):	2.9960
ROCnROLL:	1
TRIX (15,9):	0.4250
Courbe Coppock:	21.84

MA7:	20.201
MA20:	19.316
MA50:	18.664
MA100:	18.345
MAexp7:	20.211
MAexp20:	19.512
MAexp50:	18.808
MAexp100:	18.585
Price / MA7:	+2.92%
Price / MA20:	+7.63%
Price / MA50:	+11.39%
Price / MA100:	+13.33%
Price / MAexp7:	+2.86%
Price / MAexp20:	+6.55%
Price / MAexp50:	+10.54%
Price / MAexp100:	+11.86%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on EVOTEC SEINH 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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