BORUSSIA DORTMUND - 1H - Technical analysis published on 09/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 4.116 EUR
My targets
3.970 EUR (-2.34%)
3.782 EUR (-6.96%)
My analysis
The bearish trend is currently very strong for BORUSSIA DORTMUND. As long as the price remains below the resistance at 4.116 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.970 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.782 EUR as an objective. Crossing it would then enable sellers to target 3.554 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
5.2
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Additional analysis
Quotes
BORUSSIA DORTMUND rating 4.065 EUR. On the day, this instrument lost -0.12% with the lowest point at 4.040 EUR and the highest point at 4.100 EUR. The deviation from the price is +0.62% for the low point and -0.85% for the high point.4.040
4.100
4.065
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BORUSSIA DORTMUND:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BORUSSIA DORTMUND indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 3.554 | 3.782 | 3.970 | 4.065 | 4.116 | 4.242 | 4.435 |
| Change (%) | -12.57% | -6.96% | -2.34% | - | +1.25% | +4.35% | +9.10% |
| Change | -0.511 | -0.283 | -0.095 | - | +0.051 | +0.177 | +0.370 |
| Level | Minor | Major | Intermediate | - | Major | 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 | 3.883 | 3.927 | 3.998 | 4.042 | 4.113 | 4.157 | 4.228 |
| Camarilla | 4.038 | 4.049 | 4.060 | 4.070 | 4.081 | 4.091 | 4.102 |
| Woodie | 3.898 | 3.934 | 4.013 | 4.049 | 4.128 | 4.164 | 4.243 |
| Fibonacci | 3.927 | 3.971 | 3.998 | 4.042 | 4.086 | 4.113 | 4.157 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.870 | 3.970 | 4.020 | 4.120 | 4.170 | 4.270 | 4.320 |
| Camarilla | 4.029 | 4.043 | 4.056 | 4.070 | 4.084 | 4.098 | 4.111 |
| Woodie | 3.845 | 3.958 | 3.995 | 4.108 | 4.145 | 4.258 | 4.295 |
| Fibonacci | 3.970 | 4.027 | 4.063 | 4.120 | 4.177 | 4.213 | 4.270 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.795 | 3.980 | 4.305 | 4.490 | 4.815 | 5.000 | 5.325 |
| Camarilla | 4.490 | 4.537 | 4.583 | 4.630 | 4.677 | 4.724 | 4.770 |
| Woodie | 3.865 | 4.015 | 4.375 | 4.525 | 4.885 | 5.035 | 5.395 |
| Fibonacci | 3.980 | 4.175 | 4.295 | 4.490 | 4.685 | 4.805 | 5.000 |
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): | 45.84 | |
| MACD (12,26,9): | -0.0220 | |
| Directional Movement: | 0.819 | |
| AROON (14): | -64.286 | |
| DEMA (21): | 4.039 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.982 | |
| Elder Ray (13): | 0.011 | |
| Super Trend (3,10): | 4.095 | |
| Zig ZAG (10): | 4.065 | |
| VORTEX (21): | 0.8370 | |
| Stochastique (14,3,5): | 67.14 | |
| TEMA (21): | 4.037 | |
| Williams %R (14): | -29.63 | |
| Chande Momentum Oscillator (20): | -0.005 | |
| Repulse (5,40,3): | 0.5630 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0930 | |
| Courbe Coppock: | 2.26 |
| MA7: | 4.109 | |
| MA20: | 4.296 | |
| MA50: | 4.303 | |
| MA100: | 4.412 | |
| MAexp7: | 4.055 | |
| MAexp20: | 4.070 | |
| MAexp50: | 4.114 | |
| MAexp100: | 4.180 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -5.38% | |
| Price / MA50: | -5.53% | |
| Price / MA100: | -7.86% | |
| Price / MAexp7: | +0.25% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -1.19% | |
| Price / MAexp100: | -2.75% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The last news published on BORUSSIA DORTMUND at the time of the generation of this analysis was as follows:
- EQS-Adhoc: Borussia Dortmund publishes preliminary figures for the 2022/2023 financial year
- EQS-News: annual press conference – preliminary results fiscal year 2022/2023
- Borussia Dortmund Publishes Preliminary Figures for the 2022/2023 Financial Year
- EQS-News: Borussia Dortmund re-admitted to the SDAX
- Borussia Dortmund re-admitted to the SDAX
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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