DALDRUP+SOEHNE AG - Daily - Technical analysis published on 11/23/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 8.36 EUR
My targets
7.38 EUR (-3.40%)
6.60 EUR (-13.61%)
My analysis
DALDRUP+SOEHNE AG is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 8.36 EUR. The next support located at 7.38 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 6.60 EUR. Below this support, sellers could then target 5.91 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DALDRUP+SOEHNE AG rating is 7.64 EUR. The price registered a decrease of -0.26% on the session and was between 7.60 EUR and 7.68 EUR. This implies that the price is at +0.53% from its lowest and at -0.52% from its highest.7.60
7.68
7.64
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this DALDRUP+SOEHNE AG chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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, only 7 technical indicators out of 18 studied are currently bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.24 | 5.91 | 7.38 | 7.64 | 8.64 | 9.74 | 11.70 |
| Change (%) | -44.50% | -22.64% | -3.40% | - | +13.09% | +27.49% | +53.14% |
| Change | -3.40 | -1.73 | -0.26 | - | +1.00 | +2.10 | +4.06 |
| Level | Intermediate | Major | Major | - | Intermediate | 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 | 7.51 | 7.55 | 7.61 | 7.65 | 7.71 | 7.75 | 7.81 |
| Camarilla | 7.63 | 7.64 | 7.65 | 7.66 | 7.67 | 7.68 | 7.69 |
| Woodie | 7.51 | 7.56 | 7.61 | 7.66 | 7.71 | 7.76 | 7.81 |
| Fibonacci | 7.55 | 7.59 | 7.62 | 7.65 | 7.69 | 7.72 | 7.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.55 | 7.05 | 7.41 | 7.91 | 8.27 | 8.77 | 9.13 |
| Camarilla | 7.54 | 7.62 | 7.70 | 7.78 | 7.86 | 7.94 | 8.02 |
| Woodie | 6.49 | 7.02 | 7.35 | 7.88 | 8.21 | 8.74 | 9.07 |
| Fibonacci | 7.05 | 7.38 | 7.58 | 7.91 | 8.24 | 8.44 | 8.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.80 | 6.60 | 7.08 | 7.88 | 8.36 | 9.16 | 9.64 |
| Camarilla | 7.21 | 7.33 | 7.44 | 7.56 | 7.68 | 7.80 | 7.91 |
| Woodie | 5.64 | 6.52 | 6.92 | 7.80 | 8.20 | 9.08 | 9.48 |
| Fibonacci | 6.60 | 7.09 | 7.39 | 7.88 | 8.37 | 8.67 | 9.16 |
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): | 42.47 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -9.19 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 7.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.32 | |
| Elder Ray (13): | -0.20 | |
| Super Trend (3,10): | 7.52 | |
| Zig ZAG (10): | 7.64 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 18.18 | |
| TEMA (21): | 7.84 | |
| Williams %R (14): | -86.36 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 5.79 |
| MA7: | 7.86 | |
| MA20: | 7.79 | |
| MA50: | 8.18 | |
| MA100: | 9.50 | |
| MAexp7: | 7.79 | |
| MAexp20: | 7.88 | |
| MAexp50: | 8.32 | |
| MAexp100: | 9.05 | |
| Price / MA7: | -2.80% | |
| Price / MA20: | -1.93% | |
| Price / MA50: | -6.60% | |
| Price / MA100: | -19.58% | |
| Price / MAexp7: | -1.93% | |
| Price / MAexp20: | -3.05% | |
| Price / MAexp50: | -8.17% | |
| Price / MAexp100: | -15.58% |
Quotes :
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15 min delayed data
-
Germany Stocks
News
Don't forget to follow the news on DALDRUP+SOEHNE AG. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: Daldrup & Söhne AG increases EBIT by 15.3 % in H1
- EQS-News: Daldrup & Söhne AG increases EBIT by 12.5 % in 2022
- EQS-News: Daldrup & Söhne AG receives drilling order for sidetrack from Erdwärme Neustadt-Glewe
- EQS-News: Daldrup & Söhne AG receives order from BGE for exploratory borehole in Asse II mine
- EQS-Adhoc: Daldrup & Söhne AG: Group EBIT margin at 5.5 % in 2022, total output reaches approx. EUR 36 million
This member declared not having a position on this financial instrument or a related financial instrument.
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