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. - Daily - Technical analysis published on 08/09/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

56%

11%

33%

My opinion

Bullish above 163.76 EUR

My targets

188.34 EUR (+8.23%)

210.91 EUR (+21.20%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ADIDAS AG NA O.N. as long as the price remains well above 163.76 EUR. The buyers' bullish objective is set at 188.34 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 210.91 EUR. If there is any crossing, the next objective would be the resistance located at 247.92 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 188.34 EUR. On this resistance, against the trend traders who would like to go short on ADIDAS AG NA O.N. with a bearish signal from their trading strategy, should not hesitate to act.

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

1.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The ADIDAS AG NA O.N. rating is 174.02 EUR. On the day, this instrument lost -0.62% with the lowest point at 173.52 EUR and the highest point at 176.20 EUR. The deviation from the price is +0.29% for the low point and -1.24% for the high point.

173.52

176.20

174.02

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ADIDAS AG NA O.N.:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ADIDAS AG NA O.N. indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being 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 bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	85.43	127.84	163.76	174.02	188.34	210.91	247.92
Change (%)	-50.91%	-26.54%	-5.90%	-	+8.23%	+21.20%	+42.47%
Change	-88.59	-46.18	-10.26	-	+14.32	+36.89	+73.90
Level	Minor	Minor	Major	-	Minor	Intermediate	Major

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
Standard	169.88	171.10	173.10	174.32	176.32	177.54	179.54
Camarilla	174.22	174.51	174.81	175.10	175.40	175.69	175.99
Woodie	170.27	171.30	173.49	174.52	176.71	177.74	179.93
Fibonacci	171.10	172.33	173.09	174.32	175.55	176.31	177.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	151.24	158.12	164.84	171.72	178.44	185.32	192.04
Camarilla	167.82	169.07	170.31	171.56	172.81	174.05	175.30
Woodie	151.16	158.08	164.76	171.68	178.36	185.28	191.96
Fibonacci	158.12	163.32	166.53	171.72	176.92	180.13	185.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	128.24	140.88	154.34	166.98	180.44	193.08	206.54
Camarilla	160.62	163.02	165.41	167.80	170.19	172.59	174.98
Woodie	128.65	141.09	154.75	167.19	180.85	193.29	206.95
Fibonacci	140.88	150.85	157.01	166.98	176.95	183.11	193.08

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.07
MACD (12,26,9):	1.0000
Directional Movement:	7.41
AROON (14):	-21.42
DEMA (21):	171.33
Parabolic SAR (0,02-0,02-0,2):	160.53
Elder Ray (13):	3.64
Super Trend (3,10):	158.78
Zig ZAG (10):	173.98
VORTEX (21):	1.0900
Stochastique (14,3,5):	69.86
TEMA (21):	173.63
Williams %R (14):	-28.19
Chande Momentum Oscillator (20):	-2.64
Repulse (5,40,3):	-0.1800
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	3.92

MA7:	172.12
MA20:	169.45
MA50:	170.72
MA100:	181.08
MAexp7:	172.44
MAexp20:	170.52
MAexp50:	172.62
MAexp100:	183.53
Price / MA7:	+1.10%
Price / MA20:	+2.70%
Price / MA50:	+1.93%
Price / MA100:	-3.90%
Price / MAexp7:	+0.92%
Price / MAexp20:	+2.05%
Price / MAexp50:	+0.81%
Price / MAexp100:	-5.18%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on ADIDAS AG NA O.N. at the time of the generation of this analysis was as follows:

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

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