SMI20 FULL0624 - 1H - Technical analysis published on 07/13/2020 (GMT)
- Who voted?
- 130
- 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!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 10,141.90 CHF
My targets
10,242.00 CHF (+0.35%)
10,504.00 CHF (+2.92%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SMI20 FULL0920 as long as the price remains well above 10,141.90 CHF. The buyers” bullish objective is set at 10,242.00 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10,504.00 CHF. If there is any crossing, the next objective would be the resistance located at 10,792.00 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.8
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:
Additional analysis
Quotes
The SMI20 FULL0920 rating is 10,206.00 CHF. The price has increased by +0.04% since the last closing and was between 10,196.00 CHF and 10,307.00 CHF. This implies that the price is at +0.10% from its lowest and at -0.98% from its highest.10,196.00
10,307.00
10,206.00
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SMI20 FULL0920:
Technical
Technical analysis of this 1H chart of SMI20 FULL0920 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,958.89 | 10,065.00 | 10,141.90 | 10,206.00 | 10,242.00 | 10,504.00 | 10,792.00 |
| Change (%) | -2.42% | -1.38% | -0.63% | - | +0.35% | +2.92% | +5.74% |
| Change | -247.11 | -141.00 | -64.10 | - | +36.00 | +298.00 | +586.00 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | 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 | 9,921.00 | 9,988.00 | 10,114.00 | 10,181.00 | 10,307.00 | 10,374.00 | 10,500.00 |
| Camarilla | 10,186.93 | 10,204.62 | 10,222.31 | 10,240.00 | 10,257.69 | 10,275.38 | 10,293.08 |
| Woodie | 9,950.50 | 10,002.75 | 10,143.50 | 10,195.75 | 10,336.50 | 10,388.75 | 10,529.50 |
| Fibonacci | 9,988.00 | 10,061.73 | 10,107.27 | 10,181.00 | 10,254.73 | 10,300.27 | 10,374.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,921.00 | 9,988.00 | 10,114.00 | 10,181.00 | 10,307.00 | 10,374.00 | 10,500.00 |
| Camarilla | 10,186.93 | 10,204.62 | 10,222.31 | 10,240.00 | 10,257.69 | 10,275.38 | 10,293.08 |
| Woodie | 9,950.50 | 10,002.75 | 10,143.50 | 10,195.75 | 10,336.50 | 10,388.75 | 10,529.50 |
| Fibonacci | 9,988.00 | 10,061.73 | 10,107.27 | 10,181.00 | 10,254.73 | 10,300.27 | 10,374.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,899.33 | 9,236.67 | 9,626.33 | 9,963.67 | 10,353.33 | 10,690.67 | 11,080.33 |
| Camarilla | 9,816.08 | 9,882.72 | 9,949.36 | 10,016.00 | 10,082.64 | 10,149.28 | 10,215.93 |
| Woodie | 8,925.50 | 9,249.75 | 9,652.50 | 9,976.75 | 10,379.50 | 10,703.75 | 11,106.50 |
| Fibonacci | 9,236.67 | 9,514.38 | 9,685.95 | 9,963.67 | 10,241.38 | 10,412.95 | 10,690.67 |
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): | 53.26 | |
| MACD (12,26,9): | 20.1300 | |
| Directional Movement: | 6.19 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 10,226.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,206.25 | |
| Elder Ray (13): | 7.10 | |
| Super Trend (3,10): | 10,174.16 | |
| Zig ZAG (10): | 10,215.00 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 61.03 | |
| TEMA (21): | 10,239.26 | |
| Williams %R (14): | -62.13 | |
| Chande Momentum Oscillator (20): | 23.00 | |
| Repulse (5,40,3): | -0.8700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.68 |
| MA7: | 10,183.29 | |
| MA20: | 10,123.55 | |
| MA50: | 9,891.50 | |
| MA100: | 9,591.52 | |
| MAexp7: | 10,227.00 | |
| MAexp20: | 10,204.48 | |
| MAexp50: | 10,182.64 | |
| MAexp100: | 10,160.56 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | +3.18% | |
| Price / MA100: | +6.41% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.45% |
Quotes :
2020-07-13 08:41:18
-
15 min delayed data
-
EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis SMI20 FULL0624 - 1H