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ADIDAS AG NA O.N.
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. - 1H - Technical analysis published on 06/21/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 172.48 EUR
My targets
178.82 EUR (+2.46%)
188.21 EUR (+7.84%)
My analysis
The bullish trend is currently very strong on ADIDAS AG NA O.N.. As long as the price remains above the support at 172.48 EUR, you could try to benefit from the boom. The first bullish objective is located at 178.82 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 188.21 EUR as an objective. Crossing it would then enable buyers to target 244.30 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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
0
10
7.1

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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15 min. Daily Weekly

Additional analysis

Quotes

The ADIDAS AG NA O.N. rating is 174.52 EUR. The price registered an increase of +3.00% on the session and was between 171.64 EUR and 176.92 EUR. This implies that the price is at +1.68% from its lowest and at -1.36% from its highest.

171.64
176.92
174.52

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ADIDAS AG NA O.N.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 1H of this ADIDAS AG NA O.N. chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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 positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 161.46 169.63 172.48 174.52 178.82 188.21 244.30
Change (%) -7.48% -2.80% -1.17% - +2.46% +7.84% +39.98%
Change -13.06 -4.89 -2.04 - +4.30 +13.69 +69.78
Level Intermediate Major Minor - Intermediate Intermediate Intermediate



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
Standard164.61166.77168.11170.27171.61173.77175.11
Camarilla168.48168.80169.12169.44169.76170.08170.40
Woodie164.19166.57167.69170.07171.19173.57174.69
Fibonacci166.77168.11168.94170.27171.61172.44173.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard149.49156.15165.49172.15181.49188.15197.49
Camarilla170.42171.89173.35174.82176.29177.75179.22
Woodie150.82156.82166.82172.82182.82188.82198.82
Fibonacci156.15162.27166.04172.15178.27182.04188.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard123.97137.57144.53158.13165.09178.69185.65
Camarilla145.85147.73149.62151.50153.39155.27157.15
Woodie120.66135.91141.22156.47161.78177.03182.34
Fibonacci137.57145.42150.27158.13165.98170.83178.69

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): 56.35
MACD (12,26,9): 0.4300
Directional Movement: 16.21
AROON (14): 42.86
DEMA (21): 173.17
Parabolic SAR (0,02-0,02-0,2): 169.71
Elder Ray (13): 1.36
Super Trend (3,10): 170.08
Zig ZAG (10): 174.08
VORTEX (21): 0.9900
Stochastique (14,3,5): 70.01
TEMA (21): 173.54
Williams %R (14): -34.59
Chande Momentum Oscillator (20): 4.78
Repulse (5,40,3): -0.2100
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 2.66
MA7: 173.20
MA20: 162.91
MA50: 162.21
MA100: 154.44
MAexp7: 173.86
MAexp20: 172.85
MAexp50: 171.93
MAexp100: 169.17
Price / MA7: +0.76%
Price / MA20: +7.13%
Price / MA50: +7.59%
Price / MA100: +13.00%
Price / MAexp7: +0.38%
Price / MAexp20: +0.97%
Price / MAexp50: +1.51%
Price / MAexp100: +3.16%

Quotes : - 15 min delayed data - Germany Stocks

News


Don't forget to follow the news on ADIDAS AG NA O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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