CYAN AGINH O.N. - Daily - Technical analysis published on 06/15/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1.86 EUR
My targets
2.16 EUR (+8.15%)
2.20 EUR (+10.00%)
My analysis
CYAN AGINH O.N. 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 1.86 EUR. The next resistance located at 2.16 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 2.20 EUR. After this resistance, buyers could then target 2.37 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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Additional analysis
Quotes
CYAN AGINH O.N. rating 2.00 EUR. The price registered an increase of +8.70% on the session and was between 1.81 EUR and 2.00 EUR. This implies that the price is at +10.50% from its lowest and at 0% from its highest.1.81
2.00
2.00
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CYAN AGINH O.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 is currently detecting several bullish signals that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Daily
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 1.55 | 1.67 | 1.86 | 2.00 | 2.03 | 2.20 | 2.37 |
| Change (%) | -22.50% | -16.50% | -7.00% | - | +1.50% | +10.00% | +18.50% |
| Change | -0.45 | -0.33 | -0.14 | - | +0.03 | +0.20 | +0.37 |
| Level | Minor | Major | Major | - | Minor | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.76 | 1.78 | 1.81 | 1.83 | 1.86 | 1.88 | 1.91 |
| Camarilla | 1.83 | 1.83 | 1.84 | 1.84 | 1.85 | 1.85 | 1.85 |
| Woodie | 1.77 | 1.78 | 1.82 | 1.83 | 1.87 | 1.88 | 1.92 |
| Fibonacci | 1.78 | 1.80 | 1.81 | 1.83 | 1.85 | 1.86 | 1.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.41 | 1.51 | 1.63 | 1.73 | 1.85 | 1.95 | 2.07 |
| Camarilla | 1.69 | 1.71 | 1.73 | 1.75 | 1.77 | 1.79 | 1.81 |
| Woodie | 1.42 | 1.52 | 1.64 | 1.74 | 1.86 | 1.96 | 2.08 |
| Fibonacci | 1.51 | 1.59 | 1.65 | 1.73 | 1.81 | 1.87 | 1.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.13 | 1.32 | 1.55 | 1.74 | 1.97 | 2.16 | 2.39 |
| Camarilla | 1.66 | 1.69 | 1.73 | 1.77 | 1.81 | 1.85 | 1.89 |
| Woodie | 1.14 | 1.33 | 1.56 | 1.75 | 1.98 | 2.17 | 2.40 |
| Fibonacci | 1.32 | 1.48 | 1.58 | 1.74 | 1.90 | 2.00 | 2.16 |
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): | 64.01 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 14.63 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.63 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 1.55 | |
| Zig ZAG (10): | 2.00 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 84.51 | |
| TEMA (21): | 1.83 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | 11.6400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 4.74 |
| MA7: | 1.78 | |
| MA20: | 1.76 | |
| MA50: | 1.66 | |
| MA100: | 1.61 | |
| MAexp7: | 1.82 | |
| MAexp20: | 1.76 | |
| MAexp50: | 1.69 | |
| MAexp100: | 1.68 | |
| Price / MA7: | +12.36% | |
| Price / MA20: | +13.64% | |
| Price / MA50: | +20.48% | |
| Price / MA100: | +24.22% | |
| Price / MAexp7: | +9.89% | |
| Price / MAexp20: | +13.64% | |
| Price / MAexp50: | +18.34% | |
| Price / MAexp100: | +19.05% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on CYAN AGINH O.N. at the time of the analysis were as follows:
- EQS-Adhoc: cyan AG announces forthcoming change in the Management Board
- EQS-News: cyan AG publishes Annual Report 2022
- EQS-News: cyan AG: Changes in the Supervisory Board and Executive Board
- EQS-Adhoc: cyan AG: Implementation of capital increase through contributions in kind resolved
- EQS-News: cyan and MTEL expand successful MVNO partnership to include cybersecurity solutions
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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