ECKERT+ZIEGLERINH O.N.
ECKERT+ZIEGLERINH O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EUZ
ISIN: DE0005659700

ECKERT+ZIEGLERINH O.N. - Daily - Technical analysis published on 03/09/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 55.08 EUR
My targets
62.27 EUR (+6.80%)
63.33 EUR (+8.63%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ECKERT+ZIEGLER AG O.N. as long as the price remains well above 55.08 EUR. The buyers' bullish objective is set at 62.27 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 63.33 EUR. If there is any crossing, the next objective would be the resistance located at 89.17 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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:
15 min. 1H Weekly

Additional analysis

Quotes

The ECKERT+ZIEGLER AG O.N. rating is 58.30 EUR. On the day, this instrument gained +0.78% and was traded between 57.35 EUR and 58.50 EUR over the period. The price is currently at +1.66% from its lowest and -0.34% from its highest.

57.35
58.50
58.30

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ECKERT+ZIEGLER AG O.N.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ECKERT+ZIEGLER AG O.N. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 46.84 49.90 57.95 58.30 89.17 103.74 135.75
Change (%) -19.66% -14.41% -0.60% - +52.95% +77.94% +132.85%
Change -11.46 -8.40 -0.35 - +30.87 +45.44 +77.45
Level Intermediate Major Major - Minor Minor 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
Standard54.5855.3256.5857.3258.5859.3260.58
Camarilla57.3057.4857.6757.8558.0358.2258.40
Woodie54.8555.4556.8557.4558.8559.4560.85
Fibonacci55.3256.0856.5557.3258.0858.5559.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.1349.2252.5354.6257.9360.0263.33
Camarilla54.3754.8655.3655.8556.3556.8457.34
Woodie47.7549.5353.1554.9358.5560.3363.95
Fibonacci49.2251.2852.5554.6256.6857.9560.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.6749.8851.8755.0857.0760.2862.27
Camarilla52.4252.9053.3753.8554.3354.8055.28
Woodie46.0549.5851.2554.7856.4559.9861.65
Fibonacci49.8851.8753.1055.0857.0758.3060.28

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): 65.97
MACD (12,26,9): 0.9300
Directional Movement: 8.81
AROON (14): 21.42
DEMA (21): 56.88
Parabolic SAR (0,02-0,02-0,2): 52.43
Elder Ray (13): 1.78
Super Trend (3,10): 52.59
Zig ZAG (10): 58.40
VORTEX (21): 1.0300
Stochastique (14,3,5): 86.36
TEMA (21): 56.84
Williams %R (14): -7.79
Chande Momentum Oscillator (20): 2.40
Repulse (5,40,3): 5.2300
ROCnROLL: 1
TRIX (15,9): 0.1800
Courbe Coppock: 2.12
MA7: 56.26
MA20: 55.65
MA50: 53.34
MA100: 50.31
MAexp7: 56.85
MAexp20: 55.68
MAexp50: 53.67
MAexp100: 50.80
Price / MA7: +3.63%
Price / MA20: +4.76%
Price / MA50: +9.30%
Price / MA100: +15.88%
Price / MAexp7: +2.55%
Price / MAexp20: +4.71%
Price / MAexp50: +8.63%
Price / MAexp100: +14.76%

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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