BASF SE NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BAS
ISIN:	DE000BASF111

BASF SE NA O.N. - 1H - Technical analysis published on 12/12/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 44.519 EUR

My targets

45.873 EUR (+1.32%)

46.726 EUR (+3.20%)

My analysis

The basic bullish trend is very strong on BASF SE NA O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 44.519 EUR. Crossing the first resistance at 45.873 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 46.726 EUR as an objective. Crossing it would then enable buyers to target 48.334 EUR. Caution, a return to below 44.519 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

4.8

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 BASF SE NA O.N. rating is 45.275 EUR. The price registered an increase of +0.87% on the session and was between 45.035 EUR and 45.720 EUR. This implies that the price is at +0.53% from its lowest and at -0.97% from its highest.

45.035

45.720

45.275

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BASF SE NA O.N.:

Technical

Technical analysis of BASF SE NA O.N. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 9 are neutral and 6 are bearish. 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 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	43.640	44.519	45.125	45.275	45.873	46.726	48.334
Change (%)	-3.61%	-1.67%	-0.33%	-	+1.32%	+3.20%	+6.76%
Change	-1.635	-0.756	-0.150	-	+0.598	+1.451	+3.059
Level	Minor	Major	Minor	-	Intermediate	Major	Major

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	44.102	44.348	44.617	44.863	45.132	45.378	45.647
Camarilla	44.743	44.791	44.838	44.885	44.932	44.979	45.027
Woodie	44.113	44.354	44.628	44.869	45.143	45.384	45.658
Fibonacci	44.348	44.545	44.667	44.863	45.060	45.182	45.378

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.177	41.838	42.902	43.563	44.627	45.288	46.352
Camarilla	43.491	43.649	43.807	43.965	44.123	44.281	44.439
Woodie	41.378	41.939	43.103	43.664	44.828	45.389	46.553
Fibonacci	41.838	42.497	42.904	43.563	44.222	44.629	45.288

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.297	38.983	40.702	43.388	45.107	47.793	49.512
Camarilla	41.209	41.612	42.016	42.420	42.824	43.228	43.631
Woodie	35.813	38.741	40.218	43.146	44.623	47.551	49.028
Fibonacci	38.983	40.666	41.706	43.388	45.071	46.111	47.793

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):	53.43
MACD (12,26,9):	0.0900
Directional Movement:	-0.748
AROON (14):	-21.428
DEMA (21):	45.019
Parabolic SAR (0,02-0,02-0,2):	45.253
Elder Ray (13):	-0.069
Super Trend (3,10):	44.479
Zig ZAG (10):	44.885
VORTEX (21):	0.9440
Stochastique (14,3,5):	47.17
TEMA (21):	44.882
Williams %R (14):	-45.28
Chande Momentum Oscillator (20):	-0.085
Repulse (5,40,3):	0.0570
ROCnROLL:	-1
TRIX (15,9):	0.0460
Courbe Coppock:	0.31

MA7:	44.304
MA20:	43.196
MA50:	44.732
MA100:	44.354
MAexp7:	44.882
MAexp20:	44.858
MAexp50:	44.482
MAexp100:	43.984
Price / MA7:	+2.19%
Price / MA20:	+4.81%
Price / MA50:	+1.21%
Price / MA100:	+2.08%
Price / MAexp7:	+0.88%
Price / MAexp20:	+0.93%
Price / MAexp50:	+1.78%
Price / MAexp100:	+2.94%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on BASF SE 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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