STRAUMANN N - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 891.40 CHF
My targets
921.80 CHF (+2.63%)
963.80 CHF (+7.30%)
My analysis
STRAUMANN 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 891.40 CHF. The next resistance located at 921.80 CHF 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 963.80 CHF. After this resistance, buyers could then target 1,031.60 CHF. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STRAUMANN N rating 898.20 CHF. On the day, this instrument gained +0.63% and was between 888.20 CHF and 900.60 CHF. This implies that the price is at +1.13% from its lowest and at -0.27% from its highest.888.20
900.60
898.20
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 STRAUMANN N in Daily shows a strongly overall bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 809.50 | 856.92 | 891.40 | 898.20 |
| Change (%) | -9.88% | -4.60% | -0.76% | - |
| Change | -88.70 | -41.28 | -6.80 | - |
| Level | Major | Intermediate | Intermediate | - |
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 | 866.20 | 873.80 | 881.20 | 888.80 | 896.20 | 903.80 | 911.20 |
| Camarilla | 884.48 | 885.85 | 887.23 | 888.60 | 889.98 | 891.35 | 892.73 |
| Woodie | 866.10 | 873.75 | 881.10 | 888.75 | 896.10 | 903.75 | 911.10 |
| Fibonacci | 873.80 | 879.53 | 883.07 | 888.80 | 894.53 | 898.07 | 903.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 817.67 | 836.33 | 858.67 | 877.33 | 899.67 | 918.33 | 940.67 |
| Camarilla | 869.73 | 873.48 | 877.24 | 881.00 | 884.76 | 888.52 | 892.28 |
| Woodie | 819.50 | 837.25 | 860.50 | 878.25 | 901.50 | 919.25 | 942.50 |
| Fibonacci | 836.33 | 852.00 | 861.67 | 877.33 | 893.00 | 902.67 | 918.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 702.20 | 744.20 | 812.00 | 854.00 | 921.80 | 963.80 | 1,031.60 |
| Camarilla | 849.61 | 859.67 | 869.74 | 879.80 | 889.87 | 899.93 | 910.00 |
| Woodie | 715.10 | 750.65 | 824.90 | 860.45 | 934.70 | 970.25 | 1,044.50 |
| Fibonacci | 744.20 | 786.14 | 812.06 | 854.00 | 895.94 | 921.86 | 963.80 |
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): | 64.74 | |
| MACD (12,26,9): | 16.5100 | |
| Directional Movement: | 16.08 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 888.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 858.38 | |
| Elder Ray (13): | 11.66 | |
| Super Trend (3,10): | 840.46 | |
| Zig ZAG (10): | 887.80 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 85.74 | |
| TEMA (21): | 894.44 | |
| Williams %R (14): | -13.69 | |
| Chande Momentum Oscillator (20): | 47.00 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 8.07 |
| MA7: | 884.80 | |
| MA20: | 868.01 | |
| MA50: | 834.96 | |
| MA100: | 826.85 | |
| MAexp7: | 883.59 | |
| MAexp20: | 867.33 | |
| MAexp50: | 844.20 | |
| MAexp100: | 829.37 | |
| Price / MA7: | +1.51% | |
| Price / MA20: | +3.48% | |
| Price / MA50: | +7.57% | |
| Price / MA100: | +8.63% | |
| Price / MAexp7: | +1.65% | |
| Price / MAexp20: | +3.56% | |
| Price / MAexp50: | +6.40% | |
| Price / MAexp100: | +8.30% |
News
Don"t forget to follow the news on STRAUMANN N. At the time of publication of this analysis, the latest news was as follows:
- Anthogyr joins the Straumann Group
- Straumann Becomes a Strategic Investor in Dental Monitoring
- Rodo Medical and Straumann Group enter into Distribution Agreement Outside North America; Straumann Increases Its Investment in Rodo Medical
-
Straumann Holding
This member declared not having a position on this financial instrument or a related financial instrument.
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