DSM KON - Daily - Technical analysis published on 10/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
DSM KON Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
56%
11%
33%
My opinion
Neutral between 106.40 EUR and 110.39 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on DSM KON. It is difficult to advise a trading direction under these conditions. The first resistance is located at 110.39 EUR. The first support is located at 106.40 EUR. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 Vincent Launay.
Additional analysis
Quotes
The DSM KON price is 108.70 EUR. The price is lower by -0.28% since the last closing and was traded between 108.55 EUR and 109.85 EUR over the period. The price is currently at +0.14% from its lowest and -1.05% from its highest.108.55
109.85
108.70
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this DSM KON chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
Bearish harami cross
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 98.04 | 103.63 | 106.40 | 108.70 | 110.39 | 116.12 |
| Change (%) | -9.81% | -4.66% | -2.12% | - | +1.55% | +6.83% |
| Change | -10.66 | -5.07 | -2.30 | - | +1.69 | +7.42 |
| Level | Intermediate | Intermediate | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.38 | 107.97 | 108.48 | 109.07 | 109.58 | 110.17 | 110.68 |
| Camarilla | 108.70 | 108.80 | 108.90 | 109.00 | 109.10 | 109.20 | 109.30 |
| Woodie | 107.35 | 107.95 | 108.45 | 109.05 | 109.55 | 110.15 | 110.65 |
| Fibonacci | 107.97 | 108.39 | 108.65 | 109.07 | 109.49 | 109.75 | 110.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.92 | 102.73 | 106.37 | 108.18 | 111.82 | 113.63 | 117.27 |
| Camarilla | 108.50 | 109.00 | 109.50 | 110.00 | 110.50 | 111.00 | 111.50 |
| Woodie | 101.83 | 103.19 | 107.28 | 108.64 | 112.73 | 114.09 | 118.18 |
| Fibonacci | 102.73 | 104.82 | 106.10 | 108.18 | 110.27 | 111.55 | 113.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.07 | 97.63 | 104.02 | 110.58 | 116.97 | 123.53 | 129.92 |
| Camarilla | 106.84 | 108.03 | 109.21 | 110.40 | 111.59 | 112.77 | 113.96 |
| Woodie | 90.98 | 97.59 | 103.93 | 110.54 | 116.88 | 123.49 | 129.83 |
| Fibonacci | 97.63 | 102.58 | 105.64 | 110.58 | 115.53 | 118.59 | 123.53 |
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): | 50.43 | |
| MACD (12,26,9): | -0.5600 | |
| Directional Movement: | -0.55 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 107.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.71 | |
| Elder Ray (13): | 1.12 | |
| Super Trend (3,10): | 111.22 | |
| Zig ZAG (10): | 108.80 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 72.84 | |
| TEMA (21): | 107.48 | |
| Williams %R (14): | -35.11 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | 0.5800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 0.74 |
| MA7: | 107.86 | |
| MA20: | 107.62 | |
| MA50: | 109.94 | |
| MA100: | 109.35 | |
| MAexp7: | 108.18 | |
| MAexp20: | 108.36 | |
| MAexp50: | 109.11 | |
| MAexp100: | 107.34 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +1.00% | |
| Price / MA50: | -1.13% | |
| Price / MA100: | -0.59% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | +1.27% |
News
The latest news and videos published on DSM KON at the time of the analysis were as follows:
- DSM - Repurchase of shares (7 - 11 October 2019)
- DSM - Repurchase of Shares (30 September - 4 October 2019)
- DSM - Repurchase of Shares (23 - 27 September 2019)
- DSM - Repurchase of Shares (16 - 20 September 2019)
- DSM - Repurchase of Shares (9 - 13 September 2019)
This member declared not having a position on this financial instrument or a related financial instrument.
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