SWISSCOM N
SWISSCOM N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SCMN
ISIN: CH0008742519

SWISSCOM N - Daily - Technical analysis published on 10/22/2019 (GMT)

  • Who voted?
  • 230
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 497.20 CHF
My targets
507.50 CHF (+0.06%)
516.80 CHF (+1.89%)
My analysis
The bullish trend is currently very strong on SWISSCOM N. As long as the price remains above the support at 497.20 CHF, you could try to benefit from the boom. The first bullish objective is located at 507.50 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 516.80 CHF as an objective. Crossing it would then enable buyers to target 530.60 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.4

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. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

SWISSCOM N rating 507.20 CHF. The price registered an increase of +0.08% on the session with the lowest point at 505.20 CHF and the highest point at 508.60 CHF. The deviation from the price is +0.40% for the low point and -0.28% for the high point.

505.20
508.60
507.20

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SWISSCOM N:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this SWISSCOM N chart shows a strongly bullish trend. 92.86% 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 market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 473.10 483.25 497.20 507.20 507.50 516.80 530.60
Change (%) -6.72% -4.72% -1.97% - +0.06% +1.89% +4.61%
Change -34.10 -23.95 -10.00 - +0.30 +9.60 +23.40
Level Minor Major Intermediate - 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
Standard497.33499.47502.33504.47507.33509.47512.33
Camarilla503.83504.28504.74505.20505.66506.12506.58
Woodie497.70499.65502.70504.65507.70509.65512.70
Fibonacci499.47501.38502.56504.47506.38507.56509.47


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard481.67485.13492.07495.53502.47505.93512.87
Camarilla496.14497.09498.05499.00499.95500.91501.86
Woodie483.40486.00493.80496.40504.20506.80514.60
Fibonacci485.13489.11491.56495.53499.51501.96505.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard465.47472.83482.57489.93499.67507.03516.77
Camarilla487.60489.17490.73492.30493.87495.44497.00
Woodie466.65473.43483.75490.53500.85507.63517.95
Fibonacci472.83479.37483.40489.93496.47500.50507.03

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): 57.83
MACD (12,26,9): 4.0000
Directional Movement: 9.21
AROON (14): 42.86
DEMA (21): 502.95
Parabolic SAR (0,02-0,02-0,2): 497.17
Elder Ray (13): 2.92
Super Trend (3,10): 487.60
Zig ZAG (10): 502.00
VORTEX (21): 1.1200
Stochastique (14,3,5): 86.18
TEMA (21): 504.87
Williams %R (14): -27.96
Chande Momentum Oscillator (20): 7.80
Repulse (5,40,3): 0.3400
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 4.57
MA7: 502.89
MA20: 496.84
MA50: 490.86
MA100: 488.84
MAexp7: 502.50
MAexp20: 498.00
MAexp50: 492.77
MAexp100: 488.15
Price / MA7: +0.86%
Price / MA20: +2.09%
Price / MA50: +3.33%
Price / MA100: +3.76%
Price / MAexp7: +0.94%
Price / MAexp20: +1.85%
Price / MAexp50: +2.93%
Price / MAexp100: +3.90%

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

About author

Online

Overall rating :
15118
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis SWISSCOM N - Daily