SWISS PERFORMANCE INDEX - Daily - Technical analysis published on 07/31/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 10,771.10 CHF
My targets
11,383.90 CHF (+1.65%)
11,526.10 CHF (+2.92%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SWISS PERFORMANCE INDEX as long as the price remains well above 10,771.10 CHF. The buyers' bullish objective is set at 11,383.90 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11,526.10 CHF. If there is any crossing, the next objective would be the resistance located at 11,833.80 CHF.
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
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SWISS PERFORMANCE INDEX rating 11,198.58 CHF. The price is lower by -0.01% since the last closing with the lowest point at 11,185.90 CHF and the highest point at 11,229.77 CHF. The deviation from the price is +0.11% for the low point and -0.28% for the high point.11,185.90
11,229.77
11,198.58
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SWISS PERFORMANCE INDEX:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SWISS PERFORMANCE INDEX indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,609.90 | 10,771.10 | 11,191.40 | 11,198.58 | 11,383.90 | 11,526.10 | 11,833.80 |
| Change (%) | -5.26% | -3.82% | -0.06% | - | +1.65% | +2.92% | +5.67% |
| Change | -588.68 | -427.48 | -7.18 | - | +185.32 | +327.52 | +635.22 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,110.00 | 11,147.02 | 11,173.16 | 11,210.18 | 11,236.32 | 11,273.34 | 11,299.48 |
| Camarilla | 11,181.93 | 11,187.72 | 11,193.51 | 11,199.30 | 11,205.09 | 11,210.88 | 11,216.67 |
| Woodie | 11,104.56 | 11,144.30 | 11,167.72 | 11,207.46 | 11,230.88 | 11,270.62 | 11,294.04 |
| Fibonacci | 11,147.02 | 11,171.15 | 11,186.05 | 11,210.18 | 11,234.31 | 11,249.21 | 11,273.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,741.26 | 10,865.83 | 11,032.56 | 11,157.13 | 11,323.86 | 11,448.43 | 11,615.16 |
| Camarilla | 11,119.19 | 11,145.90 | 11,172.60 | 11,199.30 | 11,226.00 | 11,252.71 | 11,279.41 |
| Woodie | 10,762.35 | 10,876.37 | 11,053.65 | 11,167.67 | 11,344.95 | 11,458.97 | 11,636.25 |
| Fibonacci | 10,865.83 | 10,977.10 | 11,045.85 | 11,157.13 | 11,268.40 | 11,337.15 | 11,448.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,564.10 | 10,767.53 | 10,966.87 | 11,170.30 | 11,369.64 | 11,573.07 | 11,772.41 |
| Camarilla | 11,055.46 | 11,092.38 | 11,129.30 | 11,166.22 | 11,203.14 | 11,240.06 | 11,276.98 |
| Woodie | 10,562.07 | 10,766.51 | 10,964.84 | 11,169.28 | 11,367.61 | 11,572.05 | 11,770.38 |
| Fibonacci | 10,767.53 | 10,921.39 | 11,016.44 | 11,170.30 | 11,324.16 | 11,419.21 | 11,573.07 |
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): | 58.43 | |
| MACD (12,26,9): | 23.9400 | |
| Directional Movement: | 8.88 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 11,085.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,894.67 | |
| Elder Ray (13): | 113.18 | |
| Super Trend (3,10): | 10,911.78 | |
| Zig ZAG (10): | 11,208.55 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 86.99 | |
| TEMA (21): | 11,149.99 | |
| Williams %R (14): | -16.51 | |
| Chande Momentum Oscillator (20): | 300.17 | |
| Repulse (5,40,3): | 0.7700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 3.99 |
| MA7: | 11,136.56 | |
| MA20: | 11,009.77 | |
| MA50: | 11,120.18 | |
| MA100: | 11,113.09 | |
| MAexp7: | 11,144.00 | |
| MAexp20: | 11,076.57 | |
| MAexp50: | 11,101.61 | |
| MAexp100: | 11,105.98 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | +1.71% | |
| Price / MA50: | +0.71% | |
| Price / MA100: | +0.77% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +1.10% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | +0.83% |
Quotes :
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15 min delayed data
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Switzerland Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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