DSM KON - Daily - Technical analysis published on 10/13/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
DSM KON Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 122.90 EUR
My targets
111.64 EUR (-2.58%)
100.31 EUR (-12.47%)
My analysis
The bearish trend is currently very strong for DSM KON. As long as the price remains below the resistance at 122.90 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 111.64 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 100.31 EUR as an objective. Crossing it would then enable sellers to target 82.87 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia.
Additional analysis
Quotes
The DSM KON rating is 114.60 EUR. The price registered a decrease of -0.56% on the session and was between 110.25 EUR and 115.25 EUR. This implies that the price is at +3.95% from its lowest and at -0.56% from its highest.110.25
115.25
114.60
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DSM KON chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 82.87 | 100.31 | 111.64 | 114.60 | 122.90 | 129.41 | 143.08 |
| Change (%) | -27.69% | -12.47% | -2.58% | - | +7.24% | +12.92% | +24.85% |
| Change | -31.73 | -14.29 | -2.96 | - | +8.30 | +14.81 | +28.48 |
| Level | Major | Minor | Major | - | Intermediate | Major | Intermediate |
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 | 110.78 | 113.02 | 114.13 | 116.37 | 117.48 | 119.72 | 120.83 |
| Camarilla | 114.33 | 114.64 | 114.94 | 115.25 | 115.56 | 115.86 | 116.17 |
| Woodie | 110.23 | 112.74 | 113.58 | 116.09 | 116.93 | 119.44 | 120.28 |
| Fibonacci | 113.02 | 114.30 | 115.09 | 116.37 | 117.65 | 118.44 | 119.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.25 | 109.05 | 112.20 | 118.00 | 121.15 | 126.95 | 130.10 |
| Camarilla | 112.89 | 113.71 | 114.53 | 115.35 | 116.17 | 116.99 | 117.81 |
| Woodie | 101.93 | 108.39 | 110.88 | 117.34 | 119.83 | 126.29 | 128.78 |
| Fibonacci | 109.05 | 112.47 | 114.58 | 118.00 | 121.42 | 123.53 | 126.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.43 | 99.62 | 108.53 | 119.72 | 128.63 | 139.82 | 148.73 |
| Camarilla | 111.92 | 113.77 | 115.61 | 117.45 | 119.29 | 121.14 | 122.98 |
| Woodie | 87.30 | 99.05 | 107.40 | 119.15 | 127.50 | 139.25 | 147.60 |
| Fibonacci | 99.62 | 107.30 | 112.04 | 119.72 | 127.40 | 132.14 | 139.82 |
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): | 38.30 | |
| MACD (12,26,9): | -2.9400 | |
| Directional Movement: | -17.93 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 113.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 122.71 | |
| Elder Ray (13): | -4.09 | |
| Super Trend (3,10): | 124.30 | |
| Zig ZAG (10): | 114.05 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 31.51 | |
| TEMA (21): | 115.05 | |
| Williams %R (14): | -69.74 | |
| Chande Momentum Oscillator (20): | 1.90 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4100 | |
| Courbe Coppock: | 1.54 |
| MA7: | 116.90 | |
| MA20: | 116.34 | |
| MA50: | 127.23 | |
| MA100: | 136.19 | |
| MAexp7: | 116.07 | |
| MAexp20: | 118.20 | |
| MAexp50: | 125.25 | |
| MAexp100: | 133.87 | |
| Price / MA7: | -1.97% | |
| Price / MA20: | -1.50% | |
| Price / MA50: | -9.93% | |
| Price / MA100: | -15.85% | |
| Price / MAexp7: | -1.27% | |
| Price / MAexp20: | -3.05% | |
| Price / MAexp50: | -8.50% | |
| Price / MAexp100: | -14.39% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on DSM KON at the time of the generation of this analysis was as follows:
- DSM completes acquisition of Prodap
- DSM completes sale of Protective Materials business
- Avient Completes Acquisition of DSM Protective Materials (Dyneema®)
- DSM reports H1 2022 results
- Avient Announces Debt Financing to Fund Acquisition of DSM Protective Materials
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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