SWISS RE N
SWISS RE N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SREN
ISIN: CH0126881561

SWISS RE N - 1H - Technical analysis published on 12/09/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
11%
61%
28%
My opinion
Bearish under 133.75 CHF
My targets
127.65 CHF (-2.33%)
122.55 CHF (-6.24%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for SWISS RE N as long as the price remains well below 133.75 CHF. The next bearish objective for sellers is set at 127.65 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 122.55 CHF. In case of crossing, the next objective would be the support located at 120.85 CHF. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 127.65 CHF. With this support, against the trend traders who want to buy SWISS RE N on a buy signal from their trading strategy should not hesitate to act.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
2.3

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 Weekly

Additional analysis

Quotes

SWISS RE N rating 130.70 CHF. The price registered a decrease of -0.46% on the session and was traded between 130.40 CHF and 131.20 CHF over the period. The price is currently at +0.23% from its lowest and -0.38% from its highest.

130.40
131.20
130.70

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a 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 this 1H chart of SWISS RE N indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1R1PriceR2
ProTrendLines 120.85 122.55 127.65 130.70 130.70 133.75
Change (%) -7.54% -6.24% -2.33% 0% - +2.33%
Change -9.85 -8.15 -3.05 0 - +3.05
Level Minor Minor Intermediate Minor - 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
Standard126.83128.87130.08132.12133.33135.37136.58
Camarilla130.41130.70131.00131.30131.60131.90132.19
Woodie126.43128.66129.68131.91132.93135.16136.18
Fibonacci128.87130.11130.88132.12133.36134.13135.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard124.92127.33129.32131.73133.72136.13138.12
Camarilla130.09130.49130.90131.30131.70132.11132.51
Woodie124.70127.23129.10131.63133.50136.03137.90
Fibonacci127.33129.01130.05131.73133.41134.45136.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.65103.45116.80123.60136.95143.75157.10
Camarilla124.61126.46128.30130.15132.00133.84135.69
Woodie99.93105.09120.08125.24140.23145.39160.38
Fibonacci103.45111.15115.90123.60131.30136.05143.75

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): 32.85
MACD (12,26,9): -0.3100
Directional Movement: -12.38
AROON (14): -78.57
DEMA (21): 131.40
Parabolic SAR (0,02-0,02-0,2): 133.69
Elder Ray (13): -0.89
Super Trend (3,10): 132.29
Zig ZAG (10): 130.45
VORTEX (21): 0.8700
Stochastique (14,3,5): 4.30
TEMA (21): 130.89
Williams %R (14): -98.67
Chande Momentum Oscillator (20): -2.10
Repulse (5,40,3): -0.5500
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 1.66
MA7: 131.63
MA20: 127.73
MA50: 119.64
MA100: 115.74
MAexp7: 131.13
MAexp20: 131.69
MAexp50: 131.50
MAexp100: 129.96
Price / MA7: -0.71%
Price / MA20: +2.33%
Price / MA50: +9.24%
Price / MA100: +12.93%
Price / MAexp7: -0.33%
Price / MAexp20: -0.75%
Price / MAexp50: -0.61%
Price / MAexp100: +0.57%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

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

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