SWISS RE N - 1H - Technical analysis published on 11/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 117.81 CHF
My targets
123.85 CHF (+2.19%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 117.81 CHF remains possible. It is advisable to trade SWISS RE N with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 117.81 CHF. The next bullish objective for buyers is set at 123.85 CHF. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 117.81 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9
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Additional analysis
Quotes
The SWISS RE N price is 121.20 CHF. The price registered an increase of +0.62% on the session and was between 119.95 CHF and 121.25 CHF. This implies that the price is at +1.04% from its lowest and at -0.04% from its highest.119.95
121.25
121.20
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SWISS RE N:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 SWISS RE N in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
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
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 116.75 | 117.81 | 120.85 | 121.20 | 123.85 |
| Change (%) | -3.67% | -2.80% | -0.29% | - | +2.19% |
| Change | -4.45 | -3.39 | -0.35 | - | +2.65 |
| Level | Major | Minor | Minor | - | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 117.27 | 118.68 | 119.57 | 120.98 | 121.87 | 123.28 | 124.17 |
| Camarilla | 119.82 | 120.03 | 120.24 | 120.45 | 120.66 | 120.87 | 121.08 |
| Woodie | 117.00 | 118.55 | 119.30 | 120.85 | 121.60 | 123.15 | 123.90 |
| Fibonacci | 118.68 | 119.56 | 120.11 | 120.98 | 121.86 | 122.41 | 123.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.52 | 105.88 | 112.12 | 116.48 | 122.72 | 127.08 | 133.32 |
| Camarilla | 115.44 | 116.41 | 117.38 | 118.35 | 119.32 | 120.29 | 121.27 |
| Woodie | 102.45 | 106.35 | 113.05 | 116.95 | 123.65 | 127.55 | 134.25 |
| Fibonacci | 105.88 | 109.93 | 112.43 | 116.48 | 120.53 | 123.03 | 127.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.95 | 101.95 | 106.30 | 112.30 | 116.65 | 122.65 | 127.00 |
| Camarilla | 107.80 | 108.75 | 109.70 | 110.65 | 111.60 | 112.55 | 113.50 |
| Woodie | 95.13 | 101.54 | 105.48 | 111.89 | 115.83 | 122.24 | 126.18 |
| Fibonacci | 101.95 | 105.90 | 108.35 | 112.30 | 116.25 | 118.70 | 122.65 |
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): | 52.97 | |
| MACD (12,26,9): | 0.3900 | |
| Directional Movement: | 4.99 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 121.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 119.81 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 120.16 | |
| Zig ZAG (10): | 121.00 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 31.43 | |
| TEMA (21): | 120.80 | |
| Williams %R (14): | -66.13 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.13 |
| MA7: | 118.06 | |
| MA20: | 114.63 | |
| MA50: | 115.18 | |
| MA100: | 112.35 | |
| MAexp7: | 120.97 | |
| MAexp20: | 120.94 | |
| MAexp50: | 119.08 | |
| MAexp100: | 116.91 | |
| Price / MA7: | +2.66% | |
| Price / MA20: | +5.73% | |
| Price / MA50: | +5.23% | |
| Price / MA100: | +7.88% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +1.78% | |
| Price / MAexp100: | +3.67% |
Quotes :
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15 min delayed data
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Switzerland SWX Stocks
News
Don't forget to follow the news on SWISS RE N. At the time of publication of this analysis, the latest news was as follows:
- Flood risk: protective measures up to ten times more cost-effective than rebuilding
- Swiss Re strengthens US liability reserves, following a comprehensive reserve review
- Swiss Re agrees to sell iptiQ's European P&C business to Allianz Direct
- Covid-19 may lead to longest period of peacetime excess mortality, says new Swiss Re report
- Swiss Re sees increasing demand for reinsurance in volatile environment
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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