ADIDAS AG NA O.N.
ADIDAS AG NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ADS
ISIN: DE000A1EWWW0

ADIDAS AG NA O.N. - 1H - Technical analysis published on 09/21/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 275.9 EUR
My targets
264.8 EUR (-2.36%)
259.0 EUR (-4.50%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ADIDAS AG NA O.N., which is a positive signal for sellers. As long as the price remains above 275.9 EUR, a sale could be considered. The first bearish objective is located at 264.8 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 259.0 EUR as an objective. Crossing it would then enable sellers to target 250.2 EUR. If the price were to return above 275.9 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.5

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The ADIDAS AG NA O.N. price is 271.2 EUR. The price registered a decrease of -3.00% on the session and was traded between 268.3 EUR and 280.2 EUR over the period. The price is currently at +1.08% from its lowest and -3.21% from its highest.

268.3
280.2
271.2

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ADIDAS AG NA O.N. chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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 support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 250.2 259.0 264.8 271.2 275.9 284.5 296.4
Change (%) -7.74% -4.50% -2.36% - +1.73% +4.90% +9.29%
Change -21.0 -12.2 -6.4 - +4.7 +13.3 +25.2
Level Minor Intermediate Major - Intermediate Intermediate Intermediate



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
Standard273.1275.7277.6280.2282.1284.7286.6
Camarilla278.4278.8279.2279.6280.0280.4280.8
Woodie272.9275.5277.4280.0281.9284.5286.4
Fibonacci275.7277.4278.5280.2281.9283.0284.7


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard264.1269.1274.4279.4284.7289.7295.0
Camarilla276.8277.7278.7279.6280.5281.5282.4
Woodie264.2269.2274.5279.5284.8289.8295.1
Fibonacci269.1273.1275.5279.4283.4285.8289.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard197.0215.1234.8252.9272.6290.7310.4
Camarilla244.2247.7251.1254.6258.1261.5265.0
Woodie197.9215.5235.7253.3273.5291.1311.3
Fibonacci215.1229.5238.4252.9267.3276.2290.7

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): 34.80
MACD (12,26,9): -2.1000
Directional Movement: -15.7
AROON (14): -78.6
DEMA (21): 273.0
Parabolic SAR (0,02-0,02-0,2): 277.1
Elder Ray (13): -3.4
Super Trend (3,10): 277.2
Zig ZAG (10): 271.2
VORTEX (21): 0.9000
Stochastique (14,3,5): 13.50
TEMA (21): 270.7
Williams %R (14): -79.90
Chande Momentum Oscillator (20): -10.6
Repulse (5,40,3): 0.1000
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 5.80
MA7: 277.3
MA20: 266.5
MA50: 255.8
MA100: 242.8
MAexp7: 272.3
MAexp20: 275.2
MAexp50: 275.9
MAexp100: 273.2
Price / MA7: -2.20%
Price / MA20: +1.76%
Price / MA50: +6.02%
Price / MA100: +11.70%
Price / MAexp7: -0.40%
Price / MAexp20: -1.45%
Price / MAexp50: -1.70%
Price / MAexp100: -0.73%

Quotes : 2020-09-21 15:34:59 - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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