Londinia Opportunities Analyses - 10/08/2024 (GMT) NEMETSCHEK SE O.N. - 1H

NEMETSCHEK SE O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: NEM
ISIN: DE0006452907

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 94.20 EUR
My targets
96.00 EUR (+1.21%)
96.90 EUR (+2.16%)
My analysis
NEMETSCHEK SE O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 94.20 EUR. The next resistance located at 96.00 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 96.90 EUR. After this resistance, buyers could then target 112.97 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The NEMETSCHEK SE O.N. rating is 94.85 EUR. The price registered an increase of +0.85% on the session with the lowest point at 93.50 EUR and the highest point at 94.90 EUR. The deviation from the price is +1.44% for the low point and -0.05% for the high point.

93.50
94.90
94.85

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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


Technical analysis of this 1H chart of NEMETSCHEK SE O.N. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 91.55 93.01 94.20 94.85 95.19 96.00 96.90
Change (%) -3.48% -1.94% -0.69% - +0.36% +1.21% +2.16%
Change -3.30 -1.84 -0.65 - +0.34 +1.15 +2.05
Level Minor Major Minor - Minor Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.7792.6893.3794.2894.9795.8896.57
Camarilla93.6193.7693.9094.0594.2094.3494.49
Woodie91.6592.6393.2594.2394.8595.8396.45
Fibonacci92.6893.3093.6794.2894.9095.2795.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard88.5790.5392.0794.0395.5797.5399.07
Camarilla92.6492.9693.2893.6093.9294.2494.56
Woodie88.3590.4391.8593.9395.3597.4398.85
Fibonacci90.5391.8792.7094.0395.3796.2097.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.5382.5787.7891.8297.03101.07106.28
Camarilla90.4691.3092.1593.0093.8594.7095.54
Woodie79.1382.8688.3892.1197.63101.36106.88
Fibonacci82.5786.1088.2891.8295.3597.53101.07

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): 55.97
MACD (12,26,9): 0.1300
Directional Movement: 0.80
AROON (14): -64.28
DEMA (21): 94.18
Parabolic SAR (0,02-0,02-0,2): 95.13
Elder Ray (13): 0.10
Super Trend (3,10): 92.60
Zig ZAG (10): 94.45
VORTEX (21): 1.0100
Stochastique (14,3,5): 40.20
TEMA (21): 94.25
Williams %R (14): -44.12
Chande Momentum Oscillator (20): 0.85
Repulse (5,40,3): 0.3800
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.50
MA7: 93.72
MA20: 91.35
MA50: 90.13
MA100: 90.48
MAexp7: 94.17
MAexp20: 94.03
MAexp50: 93.75
MAexp100: 93.05
Price / MA7: +1.21%
Price / MA20: +3.83%
Price / MA50: +5.24%
Price / MA100: +4.83%
Price / MAexp7: +0.72%
Price / MAexp20: +0.87%
Price / MAexp50: +1.17%
Price / MAexp100: +1.93%

Quotes : - 15 min delayed data - Actions Allemagne