SMI20 FULL0624 - 1H - Technical analysis published on 09/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 12,462.00 CHF
My targets
12,362.80 CHF (-0.41%)
12,315.00 CHF (-0.80%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SMI20 FULL0921 as long as the price remains well below 12,462.00 CHF. The sellers' bearish objective is set at 12,362.80 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12,315.00 CHF. In case of crossing, the next objective would be the support located at 12,285.00 CHF.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SMI20 FULL0921 price is 12,414.00 CHF. The price registered a decrease of -0.10% on the session with the lowest point at 12,410.00 CHF and the highest point at 12,431.00 CHF. The deviation from the price is +0.03% for the low point and -0.14% for the high point.12,410.00
12,431.00
12,414.00
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SMI20 FULL0921 in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,315.00 | 12,362.80 | 12,390.00 | 12,414.00 | 12,439.90 | 12,462.00 | 12,490.00 |
| Change (%) | -0.80% | -0.41% | -0.19% | - | +0.21% | +0.39% | +0.61% |
| Change | -99.00 | -51.20 | -24.00 | - | +25.90 | +48.00 | +76.00 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,317.33 | 12,354.67 | 12,390.33 | 12,427.67 | 12,463.33 | 12,500.67 | 12,536.33 |
| Camarilla | 12,405.93 | 12,412.62 | 12,419.31 | 12,426.00 | 12,432.69 | 12,439.38 | 12,446.08 |
| Woodie | 12,316.50 | 12,354.25 | 12,389.50 | 12,427.25 | 12,462.50 | 12,500.25 | 12,535.50 |
| Fibonacci | 12,354.67 | 12,382.55 | 12,399.78 | 12,427.67 | 12,455.55 | 12,472.78 | 12,500.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,117.33 | 12,215.67 | 12,320.33 | 12,418.67 | 12,523.33 | 12,621.67 | 12,726.33 |
| Camarilla | 12,369.18 | 12,387.78 | 12,406.39 | 12,425.00 | 12,443.61 | 12,462.22 | 12,480.83 |
| Woodie | 12,120.50 | 12,217.25 | 12,323.50 | 12,420.25 | 12,526.50 | 12,623.25 | 12,729.50 |
| Fibonacci | 12,215.67 | 12,293.21 | 12,341.12 | 12,418.67 | 12,496.21 | 12,544.12 | 12,621.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,688.67 | 11,894.33 | 12,152.67 | 12,358.33 | 12,616.67 | 12,822.33 | 13,080.67 |
| Camarilla | 12,283.40 | 12,325.93 | 12,368.47 | 12,411.00 | 12,453.53 | 12,496.07 | 12,538.60 |
| Woodie | 11,715.00 | 11,907.50 | 12,179.00 | 12,371.50 | 12,643.00 | 12,835.50 | 13,107.00 |
| Fibonacci | 11,894.33 | 12,071.58 | 12,181.09 | 12,358.33 | 12,535.58 | 12,645.09 | 12,822.33 |
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): | 45.99 | |
| MACD (12,26,9): | -6.1700 | |
| Directional Movement: | -1.75 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 12,421.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,449.68 | |
| Elder Ray (13): | -3.12 | |
| Super Trend (3,10): | 12,457.83 | |
| Zig ZAG (10): | 12,420.00 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 26.94 | |
| TEMA (21): | 12,413.68 | |
| Williams %R (14): | -64.38 | |
| Chande Momentum Oscillator (20): | -43.00 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.38 |
| MA7: | 12,417.00 | |
| MA20: | 12,414.05 | |
| MA50: | 12,183.02 | |
| MA100: | 11,780.79 | |
| MAexp7: | 12,417.02 | |
| MAexp20: | 12,427.48 | |
| MAexp50: | 12,428.81 | |
| MAexp100: | 12,424.20 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | +0.00% | |
| Price / MA50: | +1.90% | |
| Price / MA100: | +5.37% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.08% |
Quotes :
-
15 min delayed data
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EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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