Londinia Opportunities Analyses - 11/18/2024 (GMT) TECAN GROUP AG N - 1H

- CHF (-)

- 15 min delayed data - Switzerland SWX Stocks

Type:	Stocks
Ticker:	TECN
ISIN:	CH0012100191

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 212.0 CHF

My targets

199.2 CHF (-4.32%)

190.8 CHF (-8.36%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TECAN GROUP AG N as long as the price remains well below 212.0 CHF. The sellers' bearish objective is set at 199.2 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 190.8 CHF. In case of crossing, the next objective would be the support located at 181.1 CHF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

7.9

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Additional analysis

Quotes

The TECAN GROUP AG N price is 208.2 CHF. On the day, this instrument lost -0.67% and was between 208.2 CHF and 210.0 CHF. This implies that the price is at 0% from its lowest and at -0.86% from its highest.

208.2

210.0

208.2

Here is a more detailed summary of the historical variations registered by TECAN GROUP AG N:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TECAN GROUP AG N in 1H shows a overall strongly 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.

An assessment of technical indicators shows a bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	82.1	133.0	181.1	208.2	212.0	217.3	221.1
Change (%)	-60.57%	-36.12%	-13.02%	-	+1.83%	+4.37%	+6.20%
Change	-126.1	-75.2	-27.1	-	+3.8	+9.1	+12.9
Level	Intermediate	Minor	Major	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	203.1	205.3	207.5	209.7	211.9	214.1	216.3
Camarilla	208.4	208.8	209.2	209.6	210.0	210.4	210.8
Woodie	203.0	205.3	207.4	209.7	211.8	214.1	216.2
Fibonacci	205.3	207.0	208.1	209.7	211.4	212.5	214.1

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	190.8	199.2	204.4	212.8	218.0	226.4	231.6
Camarilla	205.9	207.1	208.4	209.6	210.9	212.1	213.3
Woodie	189.2	198.4	202.8	212.0	216.4	225.6	230.0
Fibonacci	199.2	204.4	207.6	212.8	218.0	221.2	226.4

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	126.5	172.1	195.1	240.7	263.7	309.3	332.3
Camarilla	199.1	205.4	211.7	218.0	224.3	230.6	236.9
Woodie	115.1	166.5	183.7	235.1	252.3	303.7	320.9
Fibonacci	172.1	198.3	214.5	240.7	266.9	283.1	309.3

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):	35.30
MACD (12,26,9):	-1.8000
Directional Movement:	-20.2
AROON (14):	-57.1
DEMA (21):	209.0
Parabolic SAR (0,02-0,02-0,2):	213.1
Elder Ray (13):	-1.6
Super Trend (3,10):	213.5
Zig ZAG (10):	208.4
VORTEX (21):	0.8000
Stochastique (14,3,5):	18.00
TEMA (21):	208.2
Williams %R (14):	-88.20
Chande Momentum Oscillator (20):	-1.6
Repulse (5,40,3):	-0.3000
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	3.70

MA7:	214.1
MA20:	220.7
MA50:	249.2
MA100:	276.8
MAexp7:	209.2
MAexp20:	211.3
MAexp50:	214.1
MAexp100:	217.8
Price / MA7:	-2.76%
Price / MA20:	-5.66%
Price / MA50:	-16.45%
Price / MA100:	-24.78%
Price / MAexp7:	-0.48%
Price / MAexp20:	-1.47%
Price / MAexp50:	-2.76%
Price / MAexp100:	-4.41%

Quotes : - 15 min delayed data - Actions Suisse SWX

News

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