SCHAEFFLER AG INH. VZO - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 8.474 EUR
My targets
11.615 EUR (+12.77%)
13.832 EUR (+34.29%)
My analysis
SCHAEFFLER AG INH. VZO 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 8.474 EUR. The next resistance located at 11.615 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 13.832 EUR. After this resistance, buyers could then target 14.801 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.
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
8.8
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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 SCHAEFFLER AG INH. VZO rating is 10.300 EUR. The price has increased by +3.12% since the last closing and was traded between 9.704 EUR and 10.385 EUR over the period. The price is currently at +6.14% from its lowest and -0.82% from its highest.9.704
10.385
10.300
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SCHAEFFLER AG INH. VZO in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Daily
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 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 7.443 | 7.940 | 8.474 | 10.300 | 11.615 | 13.832 | 14.801 |
| Change (%) | -27.74% | -22.91% | -17.73% | - | +12.77% | +34.29% | +43.70% |
| Change | -2.857 | -2.360 | -1.826 | - | +1.315 | +3.532 | +4.501 |
| Level | Intermediate | Intermediate | Intermediate | - | 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 | 9.415 | 9.563 | 9.775 | 9.923 | 10.135 | 10.283 | 10.495 |
| Camarilla | 9.889 | 9.922 | 9.955 | 9.988 | 10.021 | 10.054 | 10.087 |
| Woodie | 9.448 | 9.579 | 9.808 | 9.939 | 10.168 | 10.299 | 10.528 |
| Fibonacci | 9.563 | 9.700 | 9.785 | 9.923 | 10.060 | 10.145 | 10.283 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.970 | 6.770 | 8.238 | 9.038 | 10.506 | 11.306 | 12.774 |
| Camarilla | 9.082 | 9.290 | 9.498 | 9.706 | 9.914 | 10.122 | 10.330 |
| Woodie | 6.304 | 6.937 | 8.572 | 9.205 | 10.840 | 11.473 | 13.108 |
| Fibonacci | 6.770 | 7.636 | 8.172 | 9.038 | 9.904 | 10.440 | 11.306 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.775 | 5.597 | 6.579 | 7.401 | 8.383 | 9.205 | 10.187 |
| Camarilla | 7.064 | 7.229 | 7.395 | 7.560 | 7.725 | 7.891 | 8.056 |
| Woodie | 4.854 | 5.637 | 6.658 | 7.441 | 8.462 | 9.245 | 10.266 |
| Fibonacci | 5.597 | 6.287 | 6.712 | 7.401 | 8.091 | 8.516 | 9.205 |
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): | 83.05 | |
| MACD (12,26,9): | 0.6940 | |
| Directional Movement: | 36.469 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 9.549 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.267 | |
| Elder Ray (13): | 0.933 | |
| Super Trend (3,10): | 8.765 | |
| Zig ZAG (10): | 10.350 | |
| VORTEX (21): | 1.1760 | |
| Stochastique (14,3,5): | 97.34 | |
| TEMA (21): | 9.952 | |
| Williams %R (14): | -0.50 | |
| Chande Momentum Oscillator (20): | 2.248 | |
| Repulse (5,40,3): | 11.8210 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8990 | |
| Courbe Coppock: | 41.22 |
| MA7: | 9.684 | |
| MA20: | 8.506 | |
| MA50: | 7.714 | |
| MA100: | 7.023 | |
| MAexp7: | 9.620 | |
| MAexp20: | 8.721 | |
| MAexp50: | 7.901 | |
| MAexp100: | 7.453 | |
| Price / MA7: | +6.36% | |
| Price / MA20: | +21.09% | |
| Price / MA50: | +33.52% | |
| Price / MA100: | +46.66% | |
| Price / MAexp7: | +7.07% | |
| Price / MAexp20: | +18.11% | |
| Price / MAexp50: | +30.36% | |
| Price / MAexp100: | +38.20% |
News
The latest news and videos published on SCHAEFFLER AG INH. VZO at the time of the analysis were as follows:
- DGAP-News: Schaeffler AG: BDT Capital Partners acquires significant holding of non-voting common shares
- DGAP-News: Schaeffler AG: Chief Financial Officer Dietmar Heinrich does not extend contract
- DGAP-News: Schaeffler AG: Earnings quality improved in third quarter, measures taken making an impact
- DGAP-News: Schaeffler AG: Chief Technology Officer Prof. Dr.-Ing. Peter Gutzmer to retire
- DGAP-News: Schaeffler AG: Schaeffler presents interim report for the first half of 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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