DEUTSCHE EUROSHOP NA O.N. - Daily - Technical analysis published on 08/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 25.40 EUR
My targets
27.36 EUR (+2.93%)
29.35 EUR (+10.41%)
My analysis
DEUTSCHE EUROSHOP NA O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 25.40 EUR. The next resistance located at 27.36 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 29.35 EUR. After this resistance, buyers could then target 33.30 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.9
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Additional analysis
Quotes
The DEUTSCHE EUROSHOP NA O.N. price is 26.58 EUR. The price registered an increase of +5.39% on the session and was traded between 24.84 EUR and 26.62 EUR over the period. The price is currently at +7.00% from its lowest and -0.15% from its highest.24.84
26.62
26.58
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DEUTSCHE EUROSHOP NA O.N. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 21.34 | 24.40 | 25.40 | 26.58 | 27.36 | 33.30 | 37.79 |
Change (%) | -19.71% | -8.20% | -4.44% | - | +2.93% | +25.28% | +42.17% |
Change | -5.24 | -2.18 | -1.18 | - | +0.78 | +6.72 | +11.21 |
Level | Major | Minor | Major | - | 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 | 21.29 | 22.31 | 23.77 | 24.79 | 26.25 | 27.27 | 28.73 |
Camarilla | 24.54 | 24.77 | 24.99 | 25.22 | 25.45 | 25.68 | 25.90 |
Woodie | 21.50 | 22.42 | 23.98 | 24.90 | 26.46 | 27.38 | 28.94 |
Fibonacci | 22.31 | 23.26 | 23.85 | 24.79 | 25.74 | 26.33 | 27.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 20.53 | 21.71 | 23.47 | 24.65 | 26.41 | 27.59 | 29.35 |
Camarilla | 24.41 | 24.68 | 24.95 | 25.22 | 25.49 | 25.76 | 26.03 |
Woodie | 20.81 | 21.86 | 23.75 | 24.80 | 26.69 | 27.74 | 29.63 |
Fibonacci | 21.71 | 22.84 | 23.53 | 24.65 | 25.78 | 26.47 | 27.59 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19.67 | 20.51 | 20.93 | 21.77 | 22.19 | 23.03 | 23.45 |
Camarilla | 21.01 | 21.13 | 21.25 | 21.36 | 21.48 | 21.59 | 21.71 |
Woodie | 19.47 | 20.41 | 20.73 | 21.67 | 21.99 | 22.93 | 23.25 |
Fibonacci | 20.51 | 20.99 | 21.29 | 21.77 | 22.25 | 22.55 | 23.03 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 74.95 | |
MACD (12,26,9): | 0.8400 | |
Directional Movement: | 23.76 | |
AROON (14): | 64.29 | |
DEMA (21): | 24.25 | |
Parabolic SAR (0,02-0,02-0,2): | 21.24 | |
Elder Ray (13): | 1.93 | |
Super Trend (3,10): | 21.72 | |
Zig ZAG (10): | 26.58 | |
VORTEX (21): | 1.1100 | |
Stochastique (14,3,5): | 92.77 | |
TEMA (21): | 24.75 | |
Williams %R (14): | -0.59 | |
Chande Momentum Oscillator (20): | 4.24 | |
Repulse (5,40,3): | 15.0100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2200 | |
Courbe Coppock: | 19.03 |
MA7: | 24.58 | |
MA20: | 22.84 | |
MA50: | 22.45 | |
MA100: | 19.90 | |
MAexp7: | 24.64 | |
MAexp20: | 23.30 | |
MAexp50: | 22.14 | |
MAexp100: | 20.67 | |
Price / MA7: | +8.14% | |
Price / MA20: | +16.37% | |
Price / MA50: | +18.40% | |
Price / MA100: | +33.57% | |
Price / MAexp7: | +7.87% | |
Price / MAexp20: | +14.08% | |
Price / MAexp50: | +20.05% | |
Price / MAexp100: | +28.59% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on DEUTSCHE EUROSHOP NA O.N. at the time of the analysis were as follows:
- DGAP-News: Deutsche EuroShop: Positive business development in the first half of 2022
- DGAP-News: Deutsche EuroShop: Financing extended for 2022, interest savings secured
- DGAP-News: Deutsche EuroShop: Amicable departure of the Executive Board team Wilhelm Wellner and Olaf Borkers following successful takeover bid
- DGAP-Adhoc: Deutsche EuroShop: Changes on the Executive Board
- DGAP-News: Executive Board and Supervisory Boards of Deutsche EuroShop AG recommend shareholders tender their shares into offer by Oaktree and CURA
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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