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. - 1H - Technical analysis published on 04/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

My opinion

Bullish above 13.64 EUR

My targets

14.33 EUR (+2.43%)

14.61 EUR (+4.43%)

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 13.64 EUR. The next resistance located at 14.33 EUR is the next bullish target 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 14.61 EUR. After this resistance, buyers could then target 14.97 EUR.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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

EVOTEC SEINH O.N. rating 13.99 EUR. The price registered an increase of +2.12% on the session and was between 13.82 EUR and 14.02 EUR. This implies that the price is at +1.23% from its lowest and at -0.21% from its highest.

13.82

14.02

13.99

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this 1H chart of EVOTEC SEINH O.N. indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.94	13.45	13.64	13.99	14.05	14.33	14.61
Change (%)	-7.51%	-3.86%	-2.50%	-	+0.43%	+2.43%	+4.43%
Change	-1.05	-0.54	-0.35	-	+0.06	+0.34	+0.62
Level	Intermediate	Intermediate	Minor	-	Intermediate	Minor	Intermediate

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	12.94	13.13	13.42	13.61	13.90	14.09	14.38
Camarilla	13.57	13.61	13.66	13.70	13.74	13.79	13.83
Woodie	12.98	13.16	13.46	13.64	13.94	14.12	14.42
Fibonacci	13.13	13.32	13.43	13.61	13.80	13.91	14.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.66	12.30	12.78	13.42	13.90	14.54	15.02
Camarilla	12.95	13.06	13.16	13.26	13.36	13.47	13.57
Woodie	11.58	12.26	12.70	13.38	13.82	14.50	14.94
Fibonacci	12.30	12.73	12.99	13.42	13.85	14.11	14.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.97	11.79	13.13	13.95	15.29	16.11	17.45
Camarilla	13.88	14.07	14.27	14.47	14.67	14.87	15.06
Woodie	11.23	11.92	13.39	14.08	15.55	16.24	17.71
Fibonacci	11.79	12.62	13.13	13.95	14.78	15.29	16.11

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):	71.83
MACD (12,26,9):	0.1300
Directional Movement:	32.10
AROON (14):	100.00
DEMA (21):	13.58
Parabolic SAR (0,02-0,02-0,2):	13.11
Elder Ray (13):	0.39
Super Trend (3,10):	13.43
Zig ZAG (10):	13.97
VORTEX (21):	1.1400
Stochastique (14,3,5):	89.44
TEMA (21):	13.75
Williams %R (14):	-2.06
Chande Momentum Oscillator (20):	0.89
Repulse (5,40,3):	1.9600
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	7.90

MA7:	13.52
MA20:	13.81
MA50:	13.62
MA100:	15.49
MAexp7:	13.67
MAexp20:	13.45
MAexp50:	13.43
MAexp100:	13.54
Price / MA7:	+3.48%
Price / MA20:	+1.30%
Price / MA50:	+2.72%
Price / MA100:	-9.68%
Price / MAexp7:	+2.34%
Price / MAexp20:	+4.01%
Price / MAexp50:	+4.17%
Price / MAexp100:	+3.32%

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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