LENZING AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LEN
ISIN:	AT0000644505

LENZING AG - Daily - Technical analysis published on 04/04/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

61%

33%

My opinion

Bullish above 62.0 EUR

My targets

70.4 EUR (+3.53%)

76.0 EUR (+11.76%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade LENZING AG with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 62.0 EUR. The buyers' bullish objective is set at 70.4 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 76.0 EUR. If there is any crossing, the next objective would be the resistance located at 85.5 EUR. If there is a bearish break in the support located at 62.0 EUR some indecision would arise.

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

4.1

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 LENZING AG price is 68.0 EUR. The price is lower by -2.16% since the last closing and was between 67.7 EUR and 68.6 EUR. This implies that the price is at +0.44% from its lowest and at -0.87% from its highest.

67.7

68.6

68.0

Here is a more detailed summary of the historical variations registered by LENZING AG:

Technical

Technical analysis of this Daily chart of LENZING AG indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	44.3	54.6	62.0	68.0	70.4	76.0	85.5
Change (%)	-34.85%	-19.71%	-8.82%	-	+3.53%	+11.76%	+25.74%
Change	-23.7	-13.4	-6.0	-	+2.4	+8.0	+17.5
Level	Intermediate	Major	Intermediate	-	Major	Minor	Minor

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	69.3	69.4	69.4	69.5	69.5	69.6	69.6
Camarilla	69.5	69.5	69.5	69.5	69.5	69.5	69.5
Woodie	69.4	69.4	69.5	69.5	69.6	69.6	69.7
Fibonacci	69.4	69.4	69.4	69.5	69.5	69.5	69.6

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.2	58.0	63.8	66.6	72.4	75.2	81.0
Camarilla	67.1	67.9	68.7	69.5	70.3	71.1	71.9
Woodie	56.6	58.8	65.2	67.4	73.8	76.0	82.4
Fibonacci	58.0	61.3	63.4	66.6	69.9	72.0	75.2

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.3	53.1	61.3	69.1	77.3	85.1	93.3
Camarilla	65.1	66.6	68.0	69.5	71.0	72.4	73.9
Woodie	45.5	53.2	61.5	69.2	77.5	85.2	93.5
Fibonacci	53.1	59.2	63.0	69.1	75.2	79.0	85.1

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):	51.90
MACD (12,26,9):	-0.5000
Directional Movement:	1.9
AROON (14):	-64.3
DEMA (21):	66.1
Parabolic SAR (0,02-0,02-0,2):	61.4
Elder Ray (13):	1.5
Super Trend (3,10):	62.6
Zig ZAG (10):	68.0
VORTEX (21):	0.7000
Stochastique (14,3,5):	71.50
TEMA (21):	65.7
Williams %R (14):	-31.70
Chande Momentum Oscillator (20):	4.1
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	-0.2000
Courbe Coppock:	10.10

MA7:	66.1
MA20:	67.2
MA50:	68.1
MA100:	66.6
MAexp7:	67.0
MAexp20:	66.9
MAexp50:	67.2
MAexp100:	66.9
Price / MA7:	+2.87%
Price / MA20:	+1.19%
Price / MA50:	-0.15%
Price / MA100:	+2.10%
Price / MAexp7:	+1.49%
Price / MAexp20:	+1.64%
Price / MAexp50:	+1.19%
Price / MAexp100:	+1.64%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on LENZING AG 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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