ADYEN
ADYEN
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ADYEN
ISIN: NL0012969182

ADYEN - Daily - Technical analysis published on 10/15/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Bullish above 639.0 EUR
My targets
677.9 EUR (+4.84%)
711.8 EUR (+10.08%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ADYEN as long as the price remains well above 639.0 EUR. The buyers” bullish objective is set at 677.9 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 711.8 EUR. If there is any crossing, the next objective would be the resistance located at 731.5 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 677.9 EUR. On this resistance, against the trend traders who would like to go short on ADYEN with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.7

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

ADYEN rating 646.6 EUR. On the day, this instrument gained +1.28% and was between 634.8 EUR and 646.8 EUR. This implies that the price is at +1.86% from its lowest and at -0.03% from its highest.

634.8
646.8
646.6

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ADYEN:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ADYEN in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 570.1 618.7 639.0 646.6 677.9 711.8 731.5
Change (%) -11.83% -4.31% -1.18% - +4.84% +10.08% +13.13%
Change -76.5 -27.9 -7.6 - +31.3 +65.2 +84.9
Level Intermediate 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
Standard612.5621.1629.7638.3646.9655.5664.1
Camarilla633.7635.3636.8638.4640.0641.6643.1
Woodie612.6621.1629.8638.3647.0655.5664.2
Fibonacci621.1627.6631.7638.3644.8648.9655.5


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard550.5569.7605.7624.9660.9680.1716.1
Camarilla626.6631.7636.7641.8646.9651.9657.0
Woodie559.0573.9614.2629.1669.4684.3724.6
Fibonacci569.7590.8603.8624.9646.0659.0680.1


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard500.2546.4575.4621.6650.6696.8725.8
Camarilla583.7590.6597.5604.4611.3618.2625.1
Woodie491.6542.1566.8617.3642.0692.5717.2
Fibonacci546.4575.1592.9621.6650.3668.1696.8

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): 58.20
MACD (12,26,9): -2.5000
Directional Movement: 5.2
AROON (14): 50.0
DEMA (21): 613.2
Parabolic SAR (0,02-0,02-0,2): 572.0
Elder Ray (13): 20.4
Super Trend (3,10): 588.8
Zig ZAG (10): 643.6
VORTEX (21): 1.0000
Stochastique (14,3,5): 94.50
TEMA (21): 620.8
Williams %R (14): -3.60
Chande Momentum Oscillator (20): 24.8
Repulse (5,40,3): 3.0000
ROCnROLL: 1
TRIX (15,9): -0.2000
Courbe Coppock: 0.00
MA7: 621.5
MA20: 614.6
MA50: 637.0
MA100: 660.7
MAexp7: 626.2
MAexp20: 619.9
MAexp50: 634.2
MAexp100: 646.8
Price / MA7: +4.04%
Price / MA20: +5.21%
Price / MA50: +1.51%
Price / MA100: -2.13%
Price / MAexp7: +3.26%
Price / MAexp20: +4.31%
Price / MAexp50: +1.96%
Price / MAexp100: -0.03%

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

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