CLARIANT N - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 19.73 CHF
My targets
20.17 CHF (+2.13%)
20.70 CHF (+4.81%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CLARIANT N as long as the price remains well above 19.73 CHF. The buyers” bullish objective is set at 20.17 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.70 CHF. If there is any crossing, the next objective would be the resistance located at 21.64 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.4
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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
CLARIANT N rating 19.75 CHF. The price has increased by +0.71% since the last closing with the lowest point at 19.46 CHF and the highest point at 19.82 CHF. The deviation from the price is +1.49% for the low point and -0.35% for the high point.19.46
19.82
19.75
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
Here is a more detailed summary of the historical variations registered by CLARIANT N:
Technical
A technical analysis in Daily of this CLARIANT N chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
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 | 18.20 | 18.88 | 19.73 | 19.75 | 20.17 | 20.70 | 21.64 |
| Change (%) | -7.85% | -4.41% | -0.10% | - | +2.13% | +4.81% | +9.57% |
| Change | -1.55 | -0.87 | -0.02 | - | +0.42 | +0.95 | +1.89 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.18 | 19.31 | 19.51 | 19.63 | 19.83 | 19.96 | 20.16 |
| Camarilla | 19.62 | 19.65 | 19.68 | 19.71 | 19.74 | 19.77 | 19.79 |
| Woodie | 19.22 | 19.32 | 19.54 | 19.65 | 19.87 | 19.97 | 20.19 |
| Fibonacci | 19.31 | 19.43 | 19.51 | 19.63 | 19.75 | 19.83 | 19.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.14 | 18.58 | 19.00 | 19.44 | 19.86 | 20.30 | 20.72 |
| Camarilla | 19.18 | 19.26 | 19.34 | 19.42 | 19.50 | 19.58 | 19.66 |
| Woodie | 18.13 | 18.58 | 18.99 | 19.44 | 19.85 | 20.30 | 20.71 |
| Fibonacci | 18.58 | 18.91 | 19.11 | 19.44 | 19.77 | 19.97 | 20.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.34 | 16.65 | 18.04 | 19.35 | 20.74 | 22.05 | 23.44 |
| Camarilla | 18.69 | 18.94 | 19.18 | 19.43 | 19.68 | 19.93 | 20.17 |
| Woodie | 15.38 | 16.67 | 18.08 | 19.37 | 20.78 | 22.07 | 23.48 |
| Fibonacci | 16.65 | 17.68 | 18.32 | 19.35 | 20.38 | 21.02 | 22.05 |
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): | 59.59 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 7.90 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 19.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.98 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 20.37 | |
| Zig ZAG (10): | 19.83 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 51.44 | |
| TEMA (21): | 19.72 | |
| Williams %R (14): | -34.36 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | 2.7100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 5.56 |
| MA7: | 19.49 | |
| MA20: | 19.76 | |
| MA50: | 18.66 | |
| MA100: | 18.88 | |
| MAexp7: | 19.57 | |
| MAexp20: | 19.45 | |
| MAexp50: | 19.14 | |
| MAexp100: | 19.24 | |
| Price / MA7: | +1.33% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | +5.84% | |
| Price / MA100: | +4.61% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +1.54% | |
| Price / MAexp50: | +3.19% | |
| Price / MAexp100: | +2.65% |
News
The last news published on CLARIANT N at the time of the generation of this analysis was as follows:
- SABIC acquires strategic stake in Clariant from 40 North and Corvex
- SABIC acquires strategic stake in Clariant from 40 North and Corvex
- SABIC acquires strategic stake in Clariant from 40 North and Corvex
- Huntsman and Clariant Mutually Agree to Abandon Planned Merger of Equals
- Huntsman Responds to False and Misleading Comments from White Tale on Proposed Merger with Clariant
This member declared not having a position on this financial instrument or a related financial instrument.
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