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Londinia Opportunities Analyses - 10/08/2024 (GMT) PARAGON KGAAINH O.N. - Daily

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PARAGON KGAAINH O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: PGN
ISIN: DE0005558696

Londinia
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2.41 EUR
My targets
2.05 EUR (-8.35%)
1.83 EUR (-18.44%)
My analysis
The bearish trend is currently very strong for PARAGON KGAAINH O.N.. As long as the price remains below the resistance at 2.41 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.05 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.83 EUR as an objective. Crossing it would then enable sellers to target 1.32 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

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
7.5

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Additional analysis

Quotes

The PARAGON KGAAINH O.N. price is 2.24 EUR. The price has increased by +0.00% since the last closing and was between 2.18 EUR and 2.24 EUR. This implies that the price is at +2.75% from its lowest and at 0% from its highest.

2.18
2.24
2.24

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 Journalier of this PARAGON KGAAINH O.N. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.32 2.21 2.24 2.54 3.32 3.60
Change (%) -41.07% -1.34% - +13.39% +48.21% +60.71%
Change -0.92 -0.03 - +0.30 +1.08 +1.36
Level Major Intermediate - Minor Intermediate Minor



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
Standard2.242.242.242.242.242.242.24
Camarilla2.242.242.242.242.242.242.24
Woodie2.242.242.242.242.242.242.24
Fibonacci2.242.242.242.242.242.242.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.932.052.152.272.372.492.59
Camarilla2.182.202.222.242.262.282.30
Woodie1.912.052.132.272.352.492.57
Fibonacci2.052.142.192.272.362.412.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.471.832.052.412.632.993.21
Camarilla2.122.172.232.282.332.392.44
Woodie1.411.801.992.382.572.963.15
Fibonacci1.832.052.192.412.632.772.99

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.91
MACD (12,26,9): -0.0700
Directional Movement: -13.11
AROON (14): -57.15
DEMA (21): 2.25
Parabolic SAR (0,02-0,02-0,2): 2.60
Elder Ray (13): -0.10
Super Trend (3,10): 2.51
Zig ZAG (10): 2.24
VORTEX (21): 0.8900
Stochastique (14,3,5): 10.14
TEMA (21): 2.26
Williams %R (14): -86.96
Chande Momentum Oscillator (20): -0.30
Repulse (5,40,3): 2.5700
ROCnROLL: 2
TRIX (15,9): -0.3600
Courbe Coppock: 4.37
MA7: 2.27
MA20: 2.33
MA50: 2.50
MA100: 2.86
MAexp7: 2.27
MAexp20: 2.35
MAexp50: 2.51
MAexp100: 2.78
Price / MA7: -1.32%
Price / MA20: -3.86%
Price / MA50: -10.40%
Price / MA100: -21.68%
Price / MAexp7: -1.32%
Price / MAexp20: -4.68%
Price / MAexp50: -10.76%
Price / MAexp100: -19.42%

Quotes : - 15 min delayed data - Actions Allemagne

News


The latest news and videos published on PARAGON KGAAINH O.N. at the time of the analysis were as follows: