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 08/15/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 169.61 EUR

My targets

188.21 EUR (+4.09%)

216.29 EUR (+19.62%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ADIDAS AG NA O.N. as long as the price remains well above 169.61 EUR. The buyers' bullish objective is set at 188.21 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 216.29 EUR. If there is any crossing, the next objective would be the resistance located at 244.30 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

6.4

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ADIDAS AG NA O.N. rating 180.82 EUR. The price has increased by +1.47% since the last closing with the lowest point at 179.44 EUR and the highest point at 182.78 EUR. The deviation from the price is +0.77% for the low point and -1.07% for the high point.

179.44

182.78

180.82

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

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 for higher/lower results shows the following items:

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 ADIDAS AG NA O.N. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	150.90	161.46	169.61	180.82	188.21	244.30	290.30
Change (%)	-16.55%	-10.71%	-6.20%	-	+4.09%	+35.11%	+60.55%
Change	-29.92	-19.36	-11.21	-	+7.39	+63.48	+109.48
Level	Intermediate	Major	Major	-	Major	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
Standard	173.75	175.23	176.71	178.19	179.67	181.15	182.63
Camarilla	177.39	177.66	177.93	178.20	178.47	178.74	179.01
Woodie	173.76	175.23	176.72	178.19	179.68	181.15	182.64
Fibonacci	175.23	176.36	177.06	178.19	179.32	180.02	181.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	165.43	169.99	173.97	178.53	182.51	187.07	191.05
Camarilla	175.59	176.37	177.16	177.94	178.72	179.51	180.29
Woodie	165.13	169.85	173.67	178.39	182.21	186.93	190.75
Fibonacci	169.99	173.26	175.27	178.53	181.80	183.81	187.07

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	146.09	154.99	169.49	178.39	192.89	201.79	216.29
Camarilla	177.57	179.71	181.86	184.00	186.15	188.29	190.44
Woodie	148.90	156.39	172.30	179.79	195.70	203.19	219.10
Fibonacci	154.99	163.93	169.45	178.39	187.33	192.85	201.79

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):	54.10
MACD (12,26,9):	1.5800
Directional Movement:	11.12
AROON (14):	-42.86
DEMA (21):	180.59
Parabolic SAR (0,02-0,02-0,2):	176.70
Elder Ray (13):	2.19
Super Trend (3,10):	171.67
Zig ZAG (10):	179.98
VORTEX (21):	0.9800
Stochastique (14,3,5):	32.34
TEMA (21):	179.93
Williams %R (14):	-57.08
Chande Momentum Oscillator (20):	-5.12
Repulse (5,40,3):	-1.8700
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	1.83

MA7:	178.67
MA20:	178.69
MA50:	174.71
MA100:	166.87
MAexp7:	179.15
MAexp20:	178.20
MAexp50:	173.92
MAexp100:	166.84
Price / MA7:	+1.20%
Price / MA20:	+1.19%
Price / MA50:	+3.50%
Price / MA100:	+8.36%
Price / MAexp7:	+0.93%
Price / MAexp20:	+1.47%
Price / MAexp50:	+3.97%
Price / MAexp100:	+8.38%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on ADIDAS AG NA O.N. at the time of the analysis were as follows:

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

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