BECHTLE AG O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BC8
ISIN:	DE0005158703

BECHTLE AG O.N. - Daily - Technical analysis published on 05/02/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

72%

22%

My opinion

Bearish under 46.27 EUR

My targets

43.22 EUR (-4.00%)

41.10 EUR (-8.71%)

My analysis

BECHTLE AG O.N. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 46.27 EUR. The next support located at 43.22 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 41.10 EUR. Below this support, sellers could then target 39.05 EUR.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BECHTLE AG O.N. price is 45.02 EUR. The price is lower by -0.62% since the last closing with the lowest point at 44.78 EUR and the highest point at 45.28 EUR. The deviation from the price is +0.54% for the low point and -0.57% for the high point.

44.78

45.28

45.02

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BECHTLE AG O.N. in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	41.10	43.22	44.63	45.02	46.27	48.35	50.25
Change (%)	-8.71%	-4.00%	-0.87%	-	+2.78%	+7.40%	+11.62%
Change	-3.92	-1.80	-0.39	-	+1.25	+3.33	+5.23
Level	Intermediate	Major	Intermediate	-	Major	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.65	44.35	44.83	45.53	46.01	46.71	47.19
Camarilla	44.98	45.08	45.19	45.30	45.41	45.52	45.63
Woodie	43.53	44.30	44.71	45.48	45.89	46.66	47.07
Fibonacci	44.35	44.80	45.08	45.53	45.98	46.26	46.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.41	44.49	45.43	46.51	47.45	48.53	49.47
Camarilla	45.83	46.01	46.20	46.38	46.57	46.75	46.94
Woodie	43.35	44.46	45.37	46.48	47.39	48.50	49.41
Fibonacci	44.49	45.26	45.74	46.51	47.28	47.76	48.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.07	40.81	43.06	46.80	49.05	52.79	55.04
Camarilla	43.65	44.20	44.75	45.30	45.85	46.40	46.95
Woodie	36.32	40.44	42.31	46.43	48.30	52.42	54.29
Fibonacci	40.81	43.10	44.52	46.80	49.09	50.51	52.79

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):	35.82
MACD (12,26,9):	-0.7200
Directional Movement:	-13.37
AROON (14):	-35.72
DEMA (21):	45.97
Parabolic SAR (0,02-0,02-0,2):	48.00
Elder Ray (13):	-1.37
Super Trend (3,10):	48.14
Zig ZAG (10):	45.02
VORTEX (21):	0.8500
Stochastique (14,3,5):	17.95
TEMA (21):	45.41
Williams %R (14):	-91.12
Chande Momentum Oscillator (20):	-3.08
Repulse (5,40,3):	-2.1700
ROCnROLL:	2
TRIX (15,9):	-0.1600
Courbe Coppock:	11.41

MA7:	46.13
MA20:	47.30
MA50:	47.79
MA100:	47.09
MAexp7:	45.89
MAexp20:	46.81
MAexp50:	47.36
MAexp100:	46.81
Price / MA7:	-2.41%
Price / MA20:	-4.82%
Price / MA50:	-5.80%
Price / MA100:	-4.40%
Price / MAexp7:	-1.90%
Price / MAexp20:	-3.82%
Price / MAexp50:	-4.94%
Price / MAexp100:	-3.82%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on BECHTLE AG O.N. at the time of the generation of this analysis was as follows:

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

About author

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