SUSE S.A.
SUSE S.A.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SUSE
ISIN: LU2333210958

SUSE S.A. - 1H - Technical analysis published on 08/18/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 14.777 EUR
My targets
16.123 EUR (+4.90%)
17.173 EUR (+11.73%)
My analysis
SUSE S.A. 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 14.777 EUR. The next resistance located at 16.123 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 17.173 EUR. After this resistance, buyers could then target 19.640 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
8.4

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.

This analysis was given by Londinia.

Additional analysis

Quotes

The SUSE S.A. rating is 15.370 EUR. On the day, this instrument gained +60.02% with the lowest point at 15.110 EUR and the highest point at 15.370 EUR. The deviation from the price is +1.72% for the low point and 0% for the high point.

15.110
15.370
15.370

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of this 1H chart of SUSE S.A. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 90

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.897 11.920 13.810 15.370 17.173 19.640 31.200
Change (%) -29.10% -22.45% -10.15% - +11.73% +27.78% +102.99%
Change -4.473 -3.450 -1.560 - +1.803 +4.270 +15.830
Level Intermediate Minor Minor - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.8389.2229.4139.7979.98810.37210.563
Camarilla9.4479.5009.5529.6059.6589.7109.763
Woodie8.7439.1749.3189.7499.89310.32410.468
Fibonacci9.2229.4419.5779.79710.01610.15210.372


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.2439.76710.03310.55710.82311.34711.613
Camarilla10.08310.15510.22810.30010.37210.44510.517
Woodie9.1159.7039.90510.49310.69511.28311.485
Fibonacci9.76710.06810.25510.55710.85811.04511.347


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.9838.0179.36311.39712.74314.77716.123
Camarilla9.78110.09010.40010.71011.02011.33011.640
Woodie5.6407.8459.02011.22512.40014.60515.780
Fibonacci8.0179.30810.10611.39712.68813.48614.777

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): 91.21
MACD (12,26,9): 0.6710
Directional Movement: 70.486
AROON (14): 14.286
DEMA (21): 11.578
Parabolic SAR (0,02-0,02-0,2): 9.605
Elder Ray (13): 4.004
Super Trend (3,10): 13.483
Zig ZAG (10): 15.340
VORTEX (21): 0.9710
Stochastique (14,3,5): 66.38
TEMA (21): 12.275
Williams %R (14): -0.69
Chande Momentum Oscillator (20): 5.270
Repulse (5,40,3): -0.3140
ROCnROLL: 1
TRIX (15,9): 0.1420
Courbe Coppock: 33.63
MA7: 10.851
MA20: 10.722
MA50: 11.695
MA100: 13.455
MAexp7: 12.233
MAexp20: 10.935
MAexp50: 10.544
MAexp100: 10.516
Price / MA7: +41.65%
Price / MA20: +43.35%
Price / MA50: +31.42%
Price / MA100: +14.23%
Price / MAexp7: +25.64%
Price / MAexp20: +40.56%
Price / MAexp50: +45.77%
Price / MAexp100: +46.16%

Quotes : - 15 min delayed data - Germany Stocks

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

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