BORUSSIA DORTMUND
BORUSSIA DORTMUND
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BVB
ISIN: DE0005493092

BORUSSIA DORTMUND - Daily - Technical analysis published on 11/29/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Bullish above 3.545 EUR
My targets
4.187 EUR (+9.46%)
4.637 EUR (+21.23%)
My analysis
The strong short-term increase in BORUSSIA DORTMUND calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 3.545 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 4.187 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.637 EUR as an objective. Crossing it would then enable buyers to target 4.959 EUR. Caution, a return under 3.545 EUR could jeopardize the reversal.

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
0
10
2.3

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:
1H Weekly

Additional analysis

Quotes

BORUSSIA DORTMUND rating 3.825 EUR. On the day, this instrument gained +7.44% and was between 3.760 EUR and 3.860 EUR. This implies that the price is at +1.73% from its lowest and at -0.91% from its highest.

3.760
3.860
3.825

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BORUSSIA DORTMUND:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of BORUSSIA DORTMUND indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



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:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.696 3.278 3.545 3.825 3.857 4.187 4.637
Change (%) -55.66% -14.30% -7.32% - +0.84% +9.46% +21.23%
Change -2.129 -0.547 -0.280 - +0.032 +0.362 +0.812
Level Minor Major Intermediate - Minor Major 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
Standard3.3873.4733.5173.6033.6473.7333.777
Camarilla3.5243.5363.5483.5603.5723.5843.596
Woodie3.3653.4633.4953.5933.6253.7233.755
Fibonacci3.4733.5233.5543.6033.6533.6843.733


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.4873.5333.5773.6233.6673.7133.757
Camarilla3.5953.6043.6123.6203.6283.6373.645
Woodie3.4853.5333.5753.6233.6653.7133.755
Fibonacci3.5333.5683.5893.6233.6583.6793.713


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.9583.2273.4733.7423.9884.2574.503
Camarilla3.5783.6263.6733.7203.7673.8143.862
Woodie2.9483.2213.4633.7363.9784.2514.493
Fibonacci3.2273.4233.5453.7423.9384.0604.257

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.12
MACD (12,26,9): -0.0270
Directional Movement: 2.984
AROON (14): -42.857
DEMA (21): 3.638
Parabolic SAR (0,02-0,02-0,2): 3.560
Elder Ray (13): 0.139
Super Trend (3,10): 3.888
Zig ZAG (10): 3.840
VORTEX (21): 0.9040
Stochastique (14,3,5): 41.16
TEMA (21): 3.667
Williams %R (14): -6.67
Chande Momentum Oscillator (20): 0.210
Repulse (5,40,3): 0.0490
ROCnROLL: 1
TRIX (15,9): -0.1410
Courbe Coppock: 6.38
MA7: 3.647
MA20: 3.700
MA50: 3.741
MA100: 4.021
MAexp7: 3.671
MAexp20: 3.681
MAexp50: 3.785
MAexp100: 3.935
Price / MA7: +4.88%
Price / MA20: +3.38%
Price / MA50: +2.25%
Price / MA100: -4.87%
Price / MAexp7: +4.20%
Price / MAexp20: +3.91%
Price / MAexp50: +1.06%
Price / MAexp100: -2.80%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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