SWISS RE N - 1H - Technical analysis published on 08/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 84.4625 CHF
My targets
80.6600 CHF (-3.95%)
78.4229 CHF (-6.62%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 84.4625 CHF remains possible. It is advisable to trade SWISS RE N with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 84.4625 CHF. The next bearish objective for sellers is set at 80.6600 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 78.4229 CHF. In case of crossing, the next objective would be the support located at 69.5871 CHF. PS: if there is a bullish break in the resistance located at 84.4625 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SWISS RE N rating is 83.9800 CHF. The price has increased by +0.96% since the last closing with the lowest point at 83.2000 CHF and the highest point at 84.2800 CHF. The deviation from the price is +0.94% for the low point and -0.36% for the high point.83.2000
84.2800
83.9800
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SWISS RE N:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of SWISS RE N indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 69.5871 | 78.4229 | 80.6600 | 83.9800 | 84.4625 | 85.4071 | 87.9200 |
Change (%) | -17.14% | -6.62% | -3.95% | - | +0.57% | +1.70% | +4.69% |
Change | -14.3929 | -5.5571 | -3.3200 | - | +0.4825 | +1.4271 | +3.9400 |
Level | Major | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 81.4200 | 82.2600 | 82.7200 | 83.5600 | 84.0200 | 84.8600 | 85.3200 |
Camarilla | 82.8225 | 82.9417 | 83.0608 | 83.1800 | 83.2992 | 83.4183 | 83.5375 |
Woodie | 81.2300 | 82.1650 | 82.5300 | 83.4650 | 83.8300 | 84.7650 | 85.1300 |
Fibonacci | 82.2600 | 82.7566 | 83.0634 | 83.5600 | 84.0566 | 84.3634 | 84.8600 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 79.9667 | 81.6533 | 82.7667 | 84.4533 | 85.5667 | 87.2533 | 88.3667 |
Camarilla | 83.1100 | 83.3667 | 83.6233 | 83.8800 | 84.1367 | 84.3933 | 84.6500 |
Woodie | 79.6800 | 81.5100 | 82.4800 | 84.3100 | 85.2800 | 87.1100 | 88.0800 |
Fibonacci | 81.6533 | 82.7229 | 83.3837 | 84.4533 | 85.5229 | 86.1837 | 87.2533 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 79.1200 | 82.8600 | 86.8800 | 90.6200 | 94.6400 | 98.3800 | 102.4000 |
Camarilla | 88.7660 | 89.4773 | 90.1887 | 90.9000 | 91.6113 | 92.3227 | 93.0340 |
Woodie | 79.2600 | 82.9300 | 87.0200 | 90.6900 | 94.7800 | 98.4500 | 102.5400 |
Fibonacci | 82.8600 | 85.8243 | 87.6557 | 90.6200 | 93.5843 | 95.4157 | 98.3800 |
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): | 49.48 | |
MACD (12,26,9): | -0.0911 | |
Directional Movement: | -5.1304 | |
AROON (14): | -57.1428 | |
DEMA (21): | 83.8021 | |
Parabolic SAR (0,02-0,02-0,2): | 84.2800 | |
Elder Ray (13): | -0.0309 | |
Super Trend (3,10): | 84.1223 | |
Zig ZAG (10): | 83.9800 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 66.67 | |
TEMA (21): | 83.9047 | |
Williams %R (14): | -32.31 | |
Chande Momentum Oscillator (20): | -0.2000 | |
Repulse (5,40,3): | 0.1493 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0202 | |
Courbe Coppock: | 0.34 |
MA7: | 84.0400 | |
MA20: | 87.2680 | |
MA50: | 88.6736 | |
MA100: | 89.6832 | |
MAexp7: | 83.9094 | |
MAexp20: | 83.9493 | |
MAexp50: | 84.3533 | |
MAexp100: | 85.3743 | |
Price / MA7: | -0.07% | |
Price / MA20: | -3.77% | |
Price / MA50: | -5.29% | |
Price / MA100: | -6.36% | |
Price / MAexp7: | +0.08% | |
Price / MAexp20: | +0.04% | |
Price / MAexp50: | -0.44% | |
Price / MAexp100: | -1.63% |
Quotes :
-
15 min delayed data
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Switzerland SWX Stocks
News
The last news published on SWISS RE N at the time of the generation of this analysis was as follows:
- Severe thunderstorms account for up to 70% of all insured natural catastrophe losses in first half of 2023, Swiss Re Institute estimates
- Swiss Re reports a net income of USD 1.4 billion for the first half of 2023
- Swiss Re structures Blackstone's first indemnity catastrophe bond
- Swiss Re's Board of Directors proposes Jacques de Vaucleroy for election as Chairman at next AGM in April 2024
- Emerging Asia to drive global economic growth, says Swiss Re
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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