NEMETSCHEK SE O.N.
NEMETSCHEK SE O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NEM
ISIN: DE0006452907

NEMETSCHEK SE O.N. - Daily - Technical analysis published on 12/01/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 46.51 EUR
My targets
50.96 EUR (+1.84%)
57.59 EUR (+15.09%)
My analysis
The strong short-term increase of NEMETSCHEK SE O.N. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 46.51 EUR, a purchase could be considered. The first bullish objective is located at 50.96 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 57.59 EUR. If there is any crossing, the next objective would be the resistance at 61.27 EUR. Caution, if there is a return under 46.51 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.6

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:
15 min. 1H Weekly

Additional analysis

Quotes

NEMETSCHEK SE O.N. rating 50.04 EUR. On the day, this instrument gained +7.38% and was between 48.11 EUR and 50.40 EUR. This implies that the price is at +4.01% from its lowest and at -0.71% from its highest.

48.11
50.40
50.04

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.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NEMETSCHEK SE O.N. in Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.57 35.08 44.69 50.04 50.96 61.27 70.46
Change (%) -52.90% -29.90% -10.69% - +1.84% +22.44% +40.81%
Change -26.47 -14.96 -5.35 - +0.92 +11.23 +20.42
Level Minor Major Major - Major Intermediate Major



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
Standard44.7445.2545.9246.4347.1047.6148.28
Camarilla46.2846.3846.4946.6046.7146.8246.93
Woodie44.8345.2946.0146.4747.1947.6548.37
Fibonacci45.2545.7045.9846.4346.8847.1647.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.1240.9544.4246.2549.7251.5555.02
Camarilla46.4346.9247.4047.8948.3848.8649.35
Woodie39.9441.3645.2446.6650.5451.9655.84
Fibonacci40.9542.9844.2346.2548.2849.5351.55


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.5139.1542.8746.5150.2353.8757.59
Camarilla44.5845.2545.9346.6047.2847.9548.62
Woodie35.5639.1742.9246.5350.2853.8957.64
Fibonacci39.1541.9643.7046.5149.3251.0653.87

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): 57.74
MACD (12,26,9): -0.2700
Directional Movement: 2.59
AROON (14): 42.86
DEMA (21): 46.66
Parabolic SAR (0,02-0,02-0,2): 43.19
Elder Ray (13): 2.09
Super Trend (3,10): 50.55
Zig ZAG (10): 50.16
VORTEX (21): 0.9700
Stochastique (14,3,5): 63.25
TEMA (21): 47.40
Williams %R (14): -4.72
Chande Momentum Oscillator (20): 1.87
Repulse (5,40,3): 4.7500
ROCnROLL: 1
TRIX (15,9): -0.1800
Courbe Coppock: 0.96
MA7: 47.34
MA20: 46.77
MA50: 47.96
MA100: 54.64
MAexp7: 47.40
MAexp20: 47.24
MAexp50: 49.14
MAexp100: 53.64
Price / MA7: +5.70%
Price / MA20: +6.99%
Price / MA50: +4.34%
Price / MA100: -8.42%
Price / MAexp7: +5.57%
Price / MAexp20: +5.93%
Price / MAexp50: +1.83%
Price / MAexp100: -6.71%

Quotes : - 15 min delayed data - Germany Stocks

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

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