STROEER SE + CO. KGAA

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SAX
ISIN:	DE0007493991

STROEER SE + CO. KGAA - 1H - Technical analysis published on 08/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

22%

56%

My opinion

Bullish above 58.18 EUR

My targets

59.82 EUR (+1.91%)

61.85 EUR (+5.37%)

My analysis

The basic trend is currently slightly bullish on STROEER SE + CO. KGAA and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 58.18 EUR, purchases could be favourable. The first bullish objective would be the resistance located at 59.82 EUR. Then the price could move towards 61.85 EUR. Then 62.64 EUR by extension. A return under the support to 58.18 EUR could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

2.7

Comment on the analysis

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.

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Additional analysis

Quotes

STROEER SE + CO. KGAA rating 58.70 EUR. The price registered a decrease of -0.17% on the session and was traded between 58.60 EUR and 59.20 EUR over the period. The price is currently at +0.17% from its lowest and -0.84% from its highest.

58.60

59.20

58.70

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of STROEER SE + CO. KGAA in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	55.23	57.48	58.18	58.70	58.94	59.82	61.85
Change (%)	-5.91%	-2.08%	-0.89%	-	+0.41%	+1.91%	+5.37%
Change	-3.47	-1.22	-0.52	-	+0.24	+1.12	+3.15
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Intermediate

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	57.93	58.17	58.48	58.72	59.03	59.27	59.58
Camarilla	58.65	58.70	58.75	58.80	58.85	58.90	58.95
Woodie	57.98	58.19	58.53	58.74	59.08	59.29	59.63
Fibonacci	58.17	58.38	58.51	58.72	58.93	59.06	59.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.28	56.87	57.78	58.37	59.28	59.87	60.78
Camarilla	58.29	58.43	58.56	58.70	58.84	58.98	59.11
Woodie	56.45	56.95	57.95	58.45	59.45	59.95	60.95
Fibonacci	56.87	57.44	57.79	58.37	58.94	59.29	59.87

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.38	56.07	59.28	61.97	65.18	67.87	71.08
Camarilla	60.88	61.42	61.96	62.50	63.04	63.58	64.12
Woodie	53.65	56.20	59.55	62.10	65.45	68.00	71.35
Fibonacci	56.07	58.32	59.71	61.97	64.22	65.61	67.87

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	53.35
MACD (12,26,9):	0.1200
Directional Movement:	3.97
AROON (14):	64.29
DEMA (21):	58.82
Parabolic SAR (0,02-0,02-0,2):	58.51
Elder Ray (13):	0.02
Super Trend (3,10):	58.32
Zig ZAG (10):	58.70
VORTEX (21):	0.9100
Stochastique (14,3,5):	45.28
TEMA (21):	58.84
Williams %R (14):	-62.50
Chande Momentum Oscillator (20):	0.00
Repulse (5,40,3):	-1.1400
ROCnROLL:	-1
TRIX (15,9):	0.0400
Courbe Coppock:	0.32

MA7:	58.44
MA20:	59.78
MA50:	60.95
MA100:	61.43
MAexp7:	58.74
MAexp20:	58.65
MAexp50:	58.52
MAexp100:	58.90
Price / MA7:	+0.44%
Price / MA20:	-1.81%
Price / MA50:	-3.69%
Price / MA100:	-4.44%
Price / MAexp7:	-0.07%
Price / MAexp20:	+0.09%
Price / MAexp50:	+0.31%
Price / MAexp100:	-0.34%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on STROEER SE + CO. KGAA at the time of the analysis were as follows:

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

About author

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