ADIDAS AG NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ADS
ISIN:	DE000A1EWWW0

ADIDAS AG NA O.N. - Daily - Technical analysis published on 06/01/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 155.75 EUR

My targets

140.41 EUR (-6.54%)

123.97 EUR (-17.48%)

My analysis

The strong short-term decline of ADIDAS AG NA O.N. reinforces the current slightly bearish trend. As long as the price remains below 155.75 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 140.41 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 123.97 EUR as an objective. Crossing it would then enable sellers to target 117.01 EUR. A return to above 155.75 EUR would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

3.8

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 ADIDAS AG NA O.N. price is 150.24 EUR. On the day, this instrument lost -0.83% and was traded between 150.02 EUR and 153.36 EUR over the period. The price is currently at +0.15% from its lowest and -2.03% from its highest.

150.02

153.36

150.24

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ADIDAS AG NA O.N.:

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ADIDAS AG NA O.N. chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

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:

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	93.56	117.01	140.41	150.24	155.75	161.46	169.63
Change (%)	-37.73%	-22.12%	-6.54%	-	+3.67%	+7.47%	+12.91%
Change	-56.68	-33.23	-9.83	-	+5.51	+11.22	+19.39
Level	Major	Intermediate	Major	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	147.36	149.26	150.38	152.28	153.40	155.30	156.42
Camarilla	150.67	150.95	151.22	151.50	151.78	152.05	152.33
Woodie	146.97	149.07	149.99	152.09	153.01	155.11	156.03
Fibonacci	149.26	150.41	151.13	152.28	153.43	154.15	155.30

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	138.49	144.97	150.21	156.69	161.93	168.41	173.65
Camarilla	152.22	153.29	154.37	155.44	156.51	157.59	158.66
Woodie	137.86	144.66	149.58	156.38	161.30	168.10	173.02
Fibonacci	144.97	149.45	152.22	156.69	161.17	163.94	168.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	123.97	137.57	144.53	158.13	165.09	178.69	185.65
Camarilla	145.85	147.73	149.62	151.50	153.39	155.27	157.15
Woodie	120.66	135.91	141.22	156.47	161.78	177.03	182.34
Fibonacci	137.57	145.42	150.27	158.13	165.98	170.83	178.69

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):	37.46
MACD (12,26,9):	-1.9000
Directional Movement:	-14.61
AROON (14):	-100.00
DEMA (21):	155.82
Parabolic SAR (0,02-0,02-0,2):	167.32
Elder Ray (13):	-4.50
Super Trend (3,10):	164.17
Zig ZAG (10):	150.06
VORTEX (21):	0.8800
Stochastique (14,3,5):	8.51
TEMA (21):	152.38
Williams %R (14):	-99.88
Chande Momentum Oscillator (20):	-12.08
Repulse (5,40,3):	-4.6200
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	12.54

MA7:	153.54
MA20:	160.43
MA50:	157.96
MA100:	151.52
MAexp7:	153.94
MAexp20:	157.51
MAexp50:	156.37
MAexp100:	151.81
Price / MA7:	-2.15%
Price / MA20:	-6.35%
Price / MA50:	-4.89%
Price / MA100:	-0.84%
Price / MAexp7:	-2.40%
Price / MAexp20:	-4.62%
Price / MAexp50:	-3.92%
Price / MAexp100:	-1.03%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on ADIDAS AG NA O.N. 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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