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 07/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

22%

33%

My opinion

Bullish above 20.363 EUR

My targets

22.380 EUR (+6.37%)

24.707 EUR (+17.43%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EVOTEC SEINH O.N. as long as the price remains well above 20.363 EUR. The buyers' bullish objective is set at 22.380 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24.707 EUR. If there is any crossing, the next objective would be the resistance located at 26.817 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EVOTEC SEINH O.N. price is 21.040 EUR. The price registered an increase of +3.95% on the session and was traded between 20.200 EUR and 21.050 EUR over the period. The price is currently at +4.16% from its lowest and -0.05% from its highest.

20.200

21.050

21.040

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EVOTEC SEINH O.N. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.510	19.355	20.363	21.040	21.250	22.380	26.817
Change (%)	-12.02%	-8.01%	-3.22%	-	+1.00%	+6.37%	+27.46%
Change	-2.530	-1.685	-0.677	-	+0.210	+1.340	+5.777
Level	Intermediate	Major	Intermediate	-	Major	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	19.008	19.287	19.763	20.042	20.518	20.797	21.273
Camarilla	20.032	20.102	20.171	20.240	20.309	20.378	20.448
Woodie	19.108	19.336	19.863	20.091	20.618	20.846	21.373
Fibonacci	19.287	19.575	19.753	20.042	20.330	20.508	20.797

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.242	19.083	19.847	20.688	21.452	22.293	23.057
Camarilla	20.169	20.316	20.463	20.610	20.757	20.904	21.051
Woodie	18.203	19.064	19.808	20.669	21.413	22.274	23.018
Fibonacci	19.083	19.696	20.075	20.688	21.301	21.680	22.293

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.828	17.877	19.243	21.292	22.658	24.707	26.073
Camarilla	19.671	19.984	20.297	20.610	20.923	21.236	21.549
Woodie	15.488	17.706	18.903	21.121	22.318	24.536	25.733
Fibonacci	17.877	19.181	19.987	21.292	22.596	23.402	24.707

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):	52.94
MACD (12,26,9):	0.0030
Directional Movement:	1.427
AROON (14):	-85.714
DEMA (21):	20.828
Parabolic SAR (0,02-0,02-0,2):	19.565
Elder Ray (13):	-0.051
Super Trend (3,10):	22.080
Zig ZAG (10):	20.990
VORTEX (21):	0.8150
Stochastique (14,3,5):	29.00
TEMA (21):	20.414
Williams %R (14):	-44.01
Chande Momentum Oscillator (20):	-0.110
Repulse (5,40,3):	4.7440
ROCnROLL:	1
TRIX (15,9):	0.1130
Courbe Coppock:	12.63

MA7:	20.437
MA20:	21.166
MA50:	19.913
MA100:	19.060
MAexp7:	20.559
MAexp20:	20.710
MAexp50:	20.191
MAexp100:	19.573
Price / MA7:	+2.95%
Price / MA20:	-0.60%
Price / MA50:	+5.66%
Price / MA100:	+10.39%
Price / MAexp7:	+2.34%
Price / MAexp20:	+1.59%
Price / MAexp50:	+4.20%
Price / MAexp100:	+7.50%

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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