MANZ AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	M5Z
ISIN:	DE000A0JQ5U3

MANZ AG - Daily - Technical analysis published on 12/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

50%

17%

33%

My opinion

Bullish above 11.75 EUR

My targets

12.89 EUR (+5.33%)

14.65 EUR (+19.67%)

My analysis

The strong short-term increase in MANZ AG calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 11.75 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 12.89 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.65 EUR as an objective. Crossing it would then enable buyers to target 16.59 EUR. Caution, a return under 11.75 EUR could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

1.4

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

The MANZ AG price is 12.24 EUR. On the day, this instrument gained +15.04% with the lowest point at 10.70 EUR and the highest point at 12.40 EUR. The deviation from the price is +14.39% for the low point and -1.29% for the high point.

10.70

12.40

12.24

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

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

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 100

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

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

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

White line without lower shadow

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.16	10.28	11.75	12.24	16.59	21.84	25.70
Change (%)	-33.33%	-16.01%	-4.00%	-	+35.54%	+78.43%	+109.97%
Change	-4.08	-1.96	-0.49	-	+4.35	+9.60	+13.46
Level	Major	Minor	Minor	-	Minor	Major	Major

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	9.09	9.43	10.03	10.37	10.97	11.31	11.91
Camarilla	10.38	10.47	10.55	10.64	10.73	10.81	10.90
Woodie	9.23	9.50	10.17	10.44	11.11	11.38	12.05
Fibonacci	9.43	9.79	10.01	10.37	10.73	10.95	11.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.97	8.78	9.23	10.04	10.49	11.30	11.75
Camarilla	9.34	9.46	9.58	9.69	9.81	9.92	10.04
Woodie	7.80	8.69	9.06	9.95	10.32	11.21	11.58
Fibonacci	8.78	9.26	9.56	10.04	10.52	10.82	11.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.61	6.37	8.75	10.51	12.89	14.65	17.03
Camarilla	10.00	10.38	10.76	11.14	11.52	11.90	12.28
Woodie	4.93	6.53	9.07	10.67	13.21	14.81	17.35
Fibonacci	6.37	7.95	8.93	10.51	12.09	13.07	14.65

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):	61.25
MACD (12,26,9):	-0.1400
Directional Movement:	16.85
AROON (14):	14.29
DEMA (21):	10.70
Parabolic SAR (0,02-0,02-0,2):	9.58
Elder Ray (13):	0.70
Super Trend (3,10):	9.85
Zig ZAG (10):	12.24
VORTEX (21):	0.9600
Stochastique (14,3,5):	49.17
TEMA (21):	10.86
Williams %R (14):	-5.67
Chande Momentum Oscillator (20):	0.60
Repulse (5,40,3):	20.0800
ROCnROLL:	1
TRIX (15,9):	-0.1600
Courbe Coppock:	15.73

MA7:	10.48
MA20:	11.13
MA50:	11.20
MA100:	13.07
MAexp7:	10.84
MAexp20:	10.90
MAexp50:	11.54
MAexp100:	13.19
Price / MA7:	+16.79%
Price / MA20:	+9.97%
Price / MA50:	+9.29%
Price / MA100:	-6.35%
Price / MAexp7:	+12.92%
Price / MAexp20:	+12.29%
Price / MAexp50:	+6.07%
Price / MAexp100:	-7.20%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on MANZ AG at the time of the analysis were as follows:

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

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