BREDERODE - Daily - Technical analysis published on 01/02/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 71.8 EUR
My targets
77.4 EUR (+2.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BREDERODE as long as the price remains well above 71.8 EUR. The buyers” bullish objective is set at 77.4 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
5.7
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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
The BREDERODE rating is 75.4 EUR. The price has increased by +1.07% since the last closing and was traded between 74.6 EUR and 75.6 EUR over the period. The price is currently at +1.07% from its lowest and -0.26% from its highest.74.6
75.6
75.4
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BREDERODE in Daily shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
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 resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 65.0 | 69.2 | 71.8 | 75.4 | 77.4 |
| Change (%) | -13.79% | -8.22% | -4.77% | - | +2.65% |
| Change | -10.4 | -6.2 | -3.6 | - | +2.0 |
| Level | Minor | Minor | Major | - | 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 | 73.4 | 73.8 | 74.2 | 74.6 | 75.0 | 75.4 | 75.8 |
| Camarilla | 74.4 | 74.5 | 74.5 | 74.6 | 74.7 | 74.8 | 74.8 |
| Woodie | 73.4 | 73.8 | 74.2 | 74.6 | 75.0 | 75.4 | 75.8 |
| Fibonacci | 73.8 | 74.1 | 74.3 | 74.6 | 74.9 | 75.1 | 75.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.5 | 73.3 | 74.3 | 75.1 | 76.1 | 76.9 | 77.9 |
| Camarilla | 74.9 | 75.1 | 75.2 | 75.4 | 75.6 | 75.7 | 75.9 |
| Woodie | 72.7 | 73.4 | 74.5 | 75.2 | 76.3 | 77.0 | 78.1 |
| Fibonacci | 73.3 | 74.0 | 74.4 | 75.1 | 75.8 | 76.2 | 76.9 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.3 | 67.5 | 71.1 | 74.3 | 77.9 | 81.1 | 84.7 |
| Camarilla | 72.7 | 73.4 | 74.0 | 74.6 | 75.2 | 75.9 | 76.5 |
| Woodie | 64.4 | 67.6 | 71.2 | 74.4 | 78.0 | 81.2 | 84.8 |
| Fibonacci | 67.5 | 70.1 | 71.7 | 74.3 | 76.9 | 78.5 | 81.1 |
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): | 59.10 | |
| MACD (12,26,9): | 0.7000 | |
| Directional Movement: | 7.0 | |
| AROON (14): | -35.7 | |
| DEMA (21): | 75.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 76.3 | |
| Elder Ray (13): | 0.1 | |
| Super Trend (3,10): | 77.2 | |
| Zig ZAG (10): | 75.6 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 31.60 | |
| TEMA (21): | 75.5 | |
| Williams %R (14): | -52.60 | |
| Chande Momentum Oscillator (20): | -1.4 | |
| Repulse (5,40,3): | 0.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 1.40 |
| MA7: | 74.9 | |
| MA20: | 75.4 | |
| MA50: | 72.6 | |
| MA100: | 70.0 | |
| MAexp7: | 75.1 | |
| MAexp20: | 74.7 | |
| MAexp50: | 72.9 | |
| MAexp100: | 70.4 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | -0% | |
| Price / MA50: | +3.86% | |
| Price / MA100: | +7.71% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +0.94% | |
| Price / MAexp50: | +3.43% | |
| Price / MAexp100: | +7.10% |
BrederodeThis member declared not having a position on this financial instrument or a related financial instrument.
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