DSM FIRMENICH AG
DSM FIRMENICH AG
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DSFIR
ISIN: CH1216478797

DSM FIRMENICH AG - 1H - Technical analysis published on 01/16/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 90.90 EUR
My targets
93.11 EUR (+0.97%)
97.39 EUR (+5.61%)
My analysis
DSM FIRMENICH AG 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 90.90 EUR. The next resistance located at 93.11 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 97.39 EUR. After this resistance, buyers could then target 103.25 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6

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. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily

Additional analysis

Quotes

DSM FIRMENICH AG rating 92.22 EUR. The price has increased by +0.50% since the last closing and was traded between 90.53 EUR and 92.35 EUR over the period. The price is currently at +1.87% from its lowest and -0.14% from its highest.

90.53
92.35
92.22

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

Central Gaps

Bearish opening

Type : Bearish

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DSM FIRMENICH AG indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 87.16 89.90 90.90 92.22 92.34 93.11 97.39
Change (%) -5.49% -2.52% -1.43% - +0.13% +0.97% +5.61%
Change -5.06 -2.32 -1.32 - +0.12 +0.89 +5.17
Level Intermediate Minor Minor - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard89.5490.4191.0991.9692.6493.5194.19
Camarilla91.3391.4891.6291.7691.9092.0492.19
Woodie89.4490.3690.9991.9192.5493.4694.09
Fibonacci90.4191.0191.3791.9692.5692.9293.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.6284.8988.6590.9294.6896.95100.71
Camarilla90.7491.3091.8592.4092.9593.5194.06
Woodie83.3685.2689.3991.2995.4297.32101.45
Fibonacci84.8987.2088.6290.9293.2394.6596.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard76.4179.9885.9989.5695.5799.14105.15
Camarilla89.3790.2491.1292.0092.8893.7694.64
Woodie77.6380.5987.2190.1796.7999.75106.37
Fibonacci79.9883.6485.9089.5693.2295.4899.14

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): 63.14
MACD (12,26,9): 0.4300
Directional Movement: 0.98
AROON (14): -64.29
DEMA (21): 92.35
Parabolic SAR (0,02-0,02-0,2): 90.63
Elder Ray (13): 0.32
Super Trend (3,10): 90.48
Zig ZAG (10): 92.29
VORTEX (21): 1.1200
Stochastique (14,3,5): 68.69
TEMA (21): 92.20
Williams %R (14): -23.81
Chande Momentum Oscillator (20): 0.37
Repulse (5,40,3): 0.4100
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 0.73
MA7: 90.24
MA20: 90.37
MA50: 89.59
MA100: 84.72
MAexp7: 91.97
MAexp20: 91.70
MAexp50: 90.81
MAexp100: 90.25
Price / MA7: +2.19%
Price / MA20: +2.05%
Price / MA50: +2.94%
Price / MA100: +8.85%
Price / MAexp7: +0.27%
Price / MAexp20: +0.57%
Price / MAexp50: +1.55%
Price / MAexp100: +2.18%

Quotes : - 15 min delayed data - Euronext Amsterdam

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

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