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 02/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 176.10 EUR

My targets

180.40 EUR (+1.29%)

188.21 EUR (+5.68%)

My analysis

The bullish trend is currently very strong on ADIDAS AG NA O.N.. As long as the price remains above the support at 176.10 EUR, you could try to benefit from the boom. The first bullish objective is located at 180.40 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 188.21 EUR as an objective. Crossing it would then enable buyers to target 197.36 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.4

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.

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Additional analysis

Quotes

The ADIDAS AG NA O.N. rating is 178.10 EUR. The price has increased by +2.29% since the last closing with the lowest point at 174.68 EUR and the highest point at 178.32 EUR. The deviation from the price is +1.96% for the low point and -0.12% for the high point.

174.68

178.32

178.10

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

Bullish opening

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, which identifies the highest / lowest, has detected several elements:

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 this 1H chart of ADIDAS AG NA O.N. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being 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 bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	172.46	176.10	177.95	178.10	180.40	188.21	197.36
Change (%)	-3.17%	-1.12%	-0.08%	-	+1.29%	+5.68%	+10.81%
Change	-5.64	-2.00	-0.15	-	+2.30	+10.11	+19.26
Level	Minor	Major	Major	-	Minor	Major	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	167.31	170.23	172.17	175.09	177.03	179.95	181.89
Camarilla	172.78	173.23	173.68	174.12	174.57	175.01	175.46
Woodie	166.83	169.99	171.69	174.85	176.55	179.71	181.41
Fibonacci	170.23	172.08	173.23	175.09	176.94	178.09	179.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	159.43	165.35	168.55	174.47	177.67	183.59	186.79
Camarilla	169.23	170.07	170.90	171.74	172.58	173.41	174.25
Woodie	158.06	164.67	167.18	173.79	176.30	182.91	185.42
Fibonacci	165.35	168.84	170.99	174.47	177.96	180.11	183.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	135.61	147.91	162.01	174.31	188.41	200.71	214.81
Camarilla	168.86	171.28	173.70	176.12	178.54	180.96	183.38
Woodie	136.52	148.36	162.92	174.76	189.32	201.16	215.72
Fibonacci	147.91	157.99	164.22	174.31	184.39	190.62	200.71

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):	63.19
MACD (12,26,9):	1.1400
Directional Movement:	17.11
AROON (14):	28.57
DEMA (21):	176.88
Parabolic SAR (0,02-0,02-0,2):	173.34
Elder Ray (13):	1.83
Super Trend (3,10):	173.85
Zig ZAG (10):	178.06
VORTEX (21):	1.1700
Stochastique (14,3,5):	93.44
TEMA (21):	177.67
Williams %R (14):	-1.18
Chande Momentum Oscillator (20):	1.46
Repulse (5,40,3):	0.8800
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	2.33

MA7:	173.75
MA20:	173.91
MA50:	179.72
MA100:	176.71
MAexp7:	177.27
MAexp20:	175.52
MAexp50:	174.40
MAexp100:	174.10
Price / MA7:	+2.50%
Price / MA20:	+2.41%
Price / MA50:	-0.90%
Price / MA100:	+0.79%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.47%
Price / MAexp50:	+2.12%
Price / MAexp100:	+2.30%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on ADIDAS AG NA O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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