ASR NEDERLAND - Daily - Technical analysis published on 11/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 33.89 EUR
My targets
32.81 EUR (-1.26%)
31.85 EUR (-4.15%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ASR NEDERLAND, which is a positive signal for sellers. As long as the price remains above 33.89 EUR, a sale could be considered. The first bearish objective is located at 32.81 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 31.85 EUR as an objective. Crossing it would then enable sellers to target 30.30 EUR. If the price were to return above 33.89 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
5
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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 ASR NEDERLAND rating is 33.23 EUR. The price is lower by -0.24% since the last closing and was between 32.59 EUR and 33.34 EUR. This implies that the price is at +1.96% from its lowest and at -0.33% from its highest.32.59
33.34
33.23
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ASR NEDERLAND indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.30 | 31.85 | 32.81 | 33.23 | 33.89 | 35.30 | 36.54 |
| Change (%) | -8.82% | -4.15% | -1.26% | - | +1.99% | +6.23% | +9.96% |
| Change | -2.93 | -1.38 | -0.42 | - | +0.66 | +2.07 | +3.31 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | 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 | 32.62 | 32.89 | 33.10 | 33.37 | 33.58 | 33.85 | 34.06 |
| Camarilla | 33.18 | 33.22 | 33.27 | 33.31 | 33.35 | 33.40 | 33.44 |
| Woodie | 32.59 | 32.88 | 33.07 | 33.36 | 33.55 | 33.84 | 34.03 |
| Fibonacci | 32.89 | 33.07 | 33.19 | 33.37 | 33.55 | 33.67 | 33.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.85 | 32.73 | 33.28 | 34.16 | 34.71 | 35.59 | 36.14 |
| Camarilla | 33.45 | 33.58 | 33.71 | 33.84 | 33.97 | 34.10 | 34.23 |
| Woodie | 31.70 | 32.65 | 33.13 | 34.08 | 34.56 | 35.51 | 35.99 |
| Fibonacci | 32.73 | 33.27 | 33.61 | 34.16 | 34.70 | 35.04 | 35.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.51 | 29.96 | 31.39 | 32.84 | 34.27 | 35.72 | 37.15 |
| Camarilla | 32.02 | 32.28 | 32.55 | 32.81 | 33.07 | 33.34 | 33.60 |
| Woodie | 28.49 | 29.96 | 31.37 | 32.84 | 34.25 | 35.72 | 37.13 |
| Fibonacci | 29.96 | 31.06 | 31.74 | 32.84 | 33.94 | 34.62 | 35.72 |
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): | 44.95 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | -13.12 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 33.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.32 | |
| Elder Ray (13): | -0.80 | |
| Super Trend (3,10): | 33.20 | |
| Zig ZAG (10): | 33.23 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 24.50 | |
| TEMA (21): | 33.74 | |
| Williams %R (14): | -77.70 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -1.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 0.88 |
| MA7: | 33.67 | |
| MA20: | 33.89 | |
| MA50: | 33.42 | |
| MA100: | 33.14 | |
| MAexp7: | 33.61 | |
| MAexp20: | 33.75 | |
| MAexp50: | 33.46 | |
| MAexp100: | 33.48 | |
| Price / MA7: | -1.31% | |
| Price / MA20: | -1.95% | |
| Price / MA50: | -0.57% | |
| Price / MA100: | +0.27% | |
| Price / MAexp7: | -1.13% | |
| Price / MAexp20: | -1.54% | |
| Price / MAexp50: | -0.69% | |
| Price / MAexp100: | -0.75% |
This member declared not having a position on this financial instrument or a related financial instrument.
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