EMMI N - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 826.18 CHF
My targets
796.36 CHF (-0.58%)
764.60 CHF (-4.54%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EMMI N as long as the price remains well below 826.18 CHF. The sellers” bearish objective is set at 796.36 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 764.60 CHF. In case of crossing, the next objective would be the support located at 709.75 CHF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.7
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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
EMMI N rating 801.00 CHF. The price registered an increase of +0.63% on the session and was traded between 788.00 CHF and 801.00 CHF over the period. The price is currently at +1.65% from its lowest and 0% from its highest.788.00
801.00
801.00
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of EMMI N in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
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
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 709.75 | 764.60 | 796.36 | 801.00 | 826.18 | 868.00 | 924.50 |
| Change (%) | -11.39% | -4.54% | -0.58% | - | +3.14% | +8.36% | +15.42% |
| Change | -91.25 | -36.40 | -4.64 | - | +25.18 | +67.00 | +123.50 |
| Level | Minor | Major | Major | - | Minor | Major | 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 | 787.83 | 791.67 | 799.33 | 803.17 | 810.83 | 814.67 | 822.33 |
| Camarilla | 803.84 | 804.89 | 805.95 | 807.00 | 808.05 | 809.11 | 810.16 |
| Woodie | 789.75 | 792.63 | 801.25 | 804.13 | 812.75 | 815.63 | 824.25 |
| Fibonacci | 791.67 | 796.06 | 798.77 | 803.17 | 807.56 | 810.27 | 814.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 772.33 | 782.67 | 800.83 | 811.17 | 829.33 | 839.67 | 857.83 |
| Camarilla | 811.16 | 813.78 | 816.39 | 819.00 | 821.61 | 824.23 | 826.84 |
| Woodie | 776.25 | 784.63 | 804.75 | 813.13 | 833.25 | 841.63 | 861.75 |
| Fibonacci | 782.67 | 793.55 | 800.28 | 811.17 | 822.05 | 828.78 | 839.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 752.33 | 772.67 | 793.33 | 813.67 | 834.33 | 854.67 | 875.33 |
| Camarilla | 802.73 | 806.48 | 810.24 | 814.00 | 817.76 | 821.52 | 825.28 |
| Woodie | 752.50 | 772.75 | 793.50 | 813.75 | 834.50 | 854.75 | 875.50 |
| Fibonacci | 772.67 | 788.33 | 798.01 | 813.67 | 829.33 | 839.01 | 854.67 |
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): | 46.82 | |
| MACD (12,26,9): | -3.6800 | |
| Directional Movement: | -4.43 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 804.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 786.84 | |
| Elder Ray (13): | -4.58 | |
| Super Trend (3,10): | 845.96 | |
| Zig ZAG (10): | 805.00 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 26.89 | |
| TEMA (21): | 806.91 | |
| Williams %R (14): | -65.85 | |
| Chande Momentum Oscillator (20): | 4.50 | |
| Repulse (5,40,3): | -0.9100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.04 |
| MA7: | 808.93 | |
| MA20: | 809.90 | |
| MA50: | 818.85 | |
| MA100: | 858.28 | |
| MAexp7: | 806.57 | |
| MAexp20: | 809.72 | |
| MAexp50: | 821.84 | |
| MAexp100: | 835.39 | |
| Price / MA7: | -0.98% | |
| Price / MA20: | -1.10% | |
| Price / MA50: | -2.18% | |
| Price / MA100: | -6.67% | |
| Price / MAexp7: | -0.69% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | -2.54% | |
| Price / MAexp100: | -4.12% |
News
Don"t forget to follow the news on EMMI N. At the time of publication of this analysis, the latest news was as follows:
EmmiThis member declared not having a position on this financial instrument or a related financial instrument.
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