MERCEDES-BENZ GRP NA O.N. - 1H - Technical analysis published on 09/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 45.140 EUR
My targets
46.617 EUR (+1.62%)
47.293 EUR (+3.09%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DAIMLER AG NA O.N. as long as the price remains well above 45.140 EUR. The buyers” bullish objective is set at 46.617 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 47.293 EUR. If there is any crossing, the next objective would be the resistance located at 51.050 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4
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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
DAIMLER AG NA O.N. rating 45.875 EUR. On the day, this instrument gained +3.83% and was between 44.895 EUR and 46.145 EUR. This implies that the price is at +2.18% from its lowest and at -0.59% from its highest.44.895
46.145
45.875
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DAIMLER AG NA O.N. chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 44.642 | 45.140 | 45.734 | 45.875 | 46.617 | 51.050 | 53.889 |
| Change (%) | -2.69% | -1.60% | -0.31% | - | +1.62% | +11.28% | +17.47% |
| Change | -1.233 | -0.735 | -0.141 | - | +0.742 | +5.175 | +8.014 |
| Level | Major | Intermediate | Minor | - | Intermediate | 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 | 42.108 | 42.812 | 43.498 | 44.202 | 44.888 | 45.592 | 46.278 |
| Camarilla | 43.803 | 43.930 | 44.058 | 44.185 | 44.312 | 44.440 | 44.567 |
| Woodie | 42.100 | 42.808 | 43.490 | 44.198 | 44.880 | 45.588 | 46.270 |
| Fibonacci | 42.812 | 43.343 | 43.671 | 44.202 | 44.733 | 45.061 | 45.592 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.038 | 42.062 | 43.123 | 44.147 | 45.208 | 46.232 | 47.293 |
| Camarilla | 43.612 | 43.803 | 43.994 | 44.185 | 44.376 | 44.567 | 44.758 |
| Woodie | 41.058 | 42.071 | 43.143 | 44.156 | 45.228 | 46.241 | 47.313 |
| Fibonacci | 42.062 | 42.858 | 43.350 | 44.147 | 44.943 | 45.435 | 46.232 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.467 | 34.958 | 38.802 | 41.293 | 45.137 | 47.628 | 51.472 |
| Camarilla | 40.903 | 41.484 | 42.064 | 42.645 | 43.226 | 43.806 | 44.387 |
| Woodie | 33.143 | 35.296 | 39.478 | 41.631 | 45.813 | 47.966 | 52.148 |
| Fibonacci | 34.958 | 37.378 | 38.873 | 41.293 | 43.713 | 45.208 | 47.628 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.09 | |
| MACD (12,26,9): | 0.3860 | |
| Directional Movement: | 16.121 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 45.615 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.907 | |
| Elder Ray (13): | 0.468 | |
| Super Trend (3,10): | 44.651 | |
| Zig ZAG (10): | 45.875 | |
| VORTEX (21): | 1.0740 | |
| Stochastique (14,3,5): | 87.90 | |
| TEMA (21): | 45.965 | |
| Williams %R (14): | -10.27 | |
| Chande Momentum Oscillator (20): | 1.850 | |
| Repulse (5,40,3): | 0.2810 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0810 | |
| Courbe Coppock: | 7.22 |
| MA7: | 44.504 | |
| MA20: | 44.954 | |
| MA50: | 42.663 | |
| MA100: | 39.019 | |
| MAexp7: | 45.693 | |
| MAexp20: | 45.181 | |
| MAexp50: | 44.929 | |
| MAexp100: | 44.943 | |
| Price / MA7: | +3.08% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | +7.53% | |
| Price / MA100: | +17.57% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +1.54% | |
| Price / MAexp50: | +2.11% | |
| Price / MAexp100: | +2.07% |
Quotes :
2020-09-28 15:34:59
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15 min delayed data
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Germany Stocks
News
The last news published on DAIMLER AG NA O.N. at the time of the generation of this analysis was as follows:
- DGAP-Adhoc: Daimler AG: Daimler reaches agreements in principle to settle regulatory and civil proceedings in the United States regarding diesel emissions
- DGAP-Adhoc: Daimler AG: Preliminary results for the second quarter 2020 above market expectations
- DGAP-Adhoc: Daimler AG: Preliminary results for the first quarter 2020 and outlook for the financial year 2020
- DGAP-Adhoc: Daimler AG: Daimler takes further measures in response to the COVID-19 pandemic
- DGAP-Adhoc: Daimler AG: Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations
This member declared not having a position on this financial instrument or a related financial instrument.
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