COMPUGROUP MED. NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	COP
ISIN:	DE000A288904

COMPUGROUP MED. NA O.N. - 1H - Technical analysis published on 05/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 27.92 EUR

My targets

28.83 EUR (+1.66%)

29.29 EUR (+3.28%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COMPUGROUP MED. NA O.N. as long as the price remains well above 27.92 EUR. The buyers' bullish objective is set at 28.83 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.29 EUR. If there is any crossing, the next objective would be the resistance located at 29.66 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

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 COMPUGROUP MED. NA O.N. price is 28.36 EUR. The price registered a decrease of -0.14% on the session and was traded between 28.20 EUR and 28.38 EUR over the period. The price is currently at +0.57% from its lowest and -0.07% from its highest.

28.20

28.38

28.36

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of COMPUGROUP MED. NA O.N. indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.40	27.92	28.24	28.36	28.83	29.29	29.66
Change (%)	-3.39%	-1.55%	-0.42%	-	+1.66%	+3.28%	+4.58%
Change	-0.96	-0.44	-0.12	-	+0.47	+0.93	+1.30
Level	Minor	Major	Minor	-	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	26.93	27.33	27.87	28.27	28.81	29.21	29.75
Camarilla	28.14	28.23	28.31	28.40	28.49	28.57	28.66
Woodie	26.99	27.37	27.93	28.31	28.87	29.25	29.81
Fibonacci	27.33	27.69	27.91	28.27	28.63	28.85	29.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.41	25.69	26.75	28.03	29.09	30.37	31.43
Camarilla	27.18	27.39	27.61	27.82	28.04	28.25	28.46
Woodie	24.31	25.64	26.65	27.98	28.99	30.32	31.33
Fibonacci	25.69	26.58	27.13	28.03	28.92	29.47	30.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.34	25.48	26.80	28.94	30.26	32.40	33.72
Camarilla	27.17	27.49	27.80	28.12	28.44	28.75	29.07
Woodie	22.93	25.28	26.39	28.74	29.85	32.20	33.31
Fibonacci	25.48	26.80	27.62	28.94	30.26	31.08	32.40

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):	63.76
MACD (12,26,9):	0.2100
Directional Movement:	19.75
AROON (14):	71.43
DEMA (21):	28.23
Parabolic SAR (0,02-0,02-0,2):	28.00
Elder Ray (13):	0.19
Super Trend (3,10):	27.58
Zig ZAG (10):	28.36
VORTEX (21):	1.1600
Stochastique (14,3,5):	76.80
TEMA (21):	28.42
Williams %R (14):	-23.88
Chande Momentum Oscillator (20):	0.48
Repulse (5,40,3):	1.0100
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	5.08

MA7:	27.87
MA20:	28.44
MA50:	28.59
MA100:	31.98
MAexp7:	28.24
MAexp20:	27.98
MAexp50:	27.85
MAexp100:	28.05
Price / MA7:	+1.76%
Price / MA20:	-0.28%
Price / MA50:	-0.80%
Price / MA100:	-11.32%
Price / MAexp7:	+0.42%
Price / MAexp20:	+1.36%
Price / MAexp50:	+1.83%
Price / MAexp100:	+1.11%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on COMPUGROUP MED. NA O.N. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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