EVOTEC SEINH O.N. - Daily - Technical analysis published on 06/14/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 9.197 EUR
My targets
7.733 EUR (-9.50%)
6.812 EUR (-20.28%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EVOTEC SEINH O.N. as long as the price remains well below 9.197 EUR. The sellers' bearish objective is set at 7.733 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.812 EUR. In case of crossing, the next objective would be the support located at 3.178 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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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. rating is 8.545 EUR. The price registered an increase of +2.46% on the session and was traded between 8.320 EUR and 8.645 EUR over the period. The price is currently at +2.70% from its lowest and -1.16% from its highest.8.320
8.645
8.545
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EVOTEC SEINH O.N.:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of EVOTEC SEINH O.N. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.178 | 8.545 | 10.480 | 14.975 | 17.988 |
| Change (%) | -62.81% | - | +22.64% | +75.25% | +110.51% |
| Change | -5.367 | - | +1.935 | +6.430 | +9.443 |
| Level | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.633 | 7.987 | 8.163 | 8.517 | 8.693 | 9.047 | 9.223 |
| Camarilla | 8.194 | 8.243 | 8.291 | 8.340 | 8.389 | 8.437 | 8.486 |
| Woodie | 7.545 | 7.943 | 8.075 | 8.473 | 8.605 | 9.003 | 9.135 |
| Fibonacci | 7.987 | 8.189 | 8.314 | 8.517 | 8.719 | 8.844 | 9.047 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.088 | 8.377 | 8.603 | 8.892 | 9.118 | 9.407 | 9.633 |
| Camarilla | 8.688 | 8.736 | 8.783 | 8.830 | 8.877 | 8.924 | 8.972 |
| Woodie | 8.058 | 8.361 | 8.573 | 8.876 | 9.088 | 9.391 | 9.603 |
| Fibonacci | 8.377 | 8.573 | 8.695 | 8.892 | 9.088 | 9.210 | 9.407 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.348 | 6.812 | 7.733 | 9.197 | 10.118 | 11.582 | 12.503 |
| Camarilla | 7.999 | 8.218 | 8.436 | 8.655 | 8.874 | 9.092 | 9.311 |
| Woodie | 5.078 | 6.676 | 7.463 | 9.061 | 9.848 | 11.446 | 12.233 |
| Fibonacci | 6.812 | 7.723 | 8.286 | 9.197 | 10.108 | 10.671 | 11.582 |
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): | 38.17 | |
| MACD (12,26,9): | -0.4690 | |
| Directional Movement: | -10.258 | |
| AROON (14): | -14.286 | |
| DEMA (21): | 8.368 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.139 | |
| Elder Ray (13): | -0.357 | |
| Super Trend (3,10): | 9.690 | |
| Zig ZAG (10): | 8.540 | |
| VORTEX (21): | 0.7310 | |
| Stochastique (14,3,5): | 32.38 | |
| TEMA (21): | 8.545 | |
| Williams %R (14): | -75.60 | |
| Chande Momentum Oscillator (20): | 0.035 | |
| Repulse (5,40,3): | -4.2650 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7850 | |
| Courbe Coppock: | 9.57 |
| MA7: | 8.744 | |
| MA20: | 8.943 | |
| MA50: | 10.453 | |
| MA100: | 12.093 | |
| MAexp7: | 8.696 | |
| MAexp20: | 9.057 | |
| MAexp50: | 10.259 | |
| MAexp100: | 12.068 | |
| Price / MA7: | -2.28% | |
| Price / MA20: | -4.45% | |
| Price / MA50: | -18.25% | |
| Price / MA100: | -29.34% | |
| Price / MAexp7: | -1.74% | |
| Price / MAexp20: | -5.65% | |
| Price / MAexp50: | -16.71% | |
| Price / MAexp100: | -29.19% |
Quotes :
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15 min delayed data
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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 announces progress in neuroscience collaboration with Bristol Myers Squibb
- Evotec Announces Progress in Neuroscience Collaboration with Bristol Myers Squibb
- EQS-News: Evotec SE: Results of the Annual General Meeting 2024
- Evotec SE: Results of the Annual General Meeting 2024
- EQS-News: Evotec, Inserm, Lille University Hospital and Inserm Transfert enter collaboration to identify novel therapeutic targets in obesity and metabolic diseases
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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