NEMETSCHEK SE O.N. - Daily - Technical analysis published on 05/22/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 70.46 EUR
My targets
77.14 EUR (+6.58%)
81.41 EUR (+12.48%)
My analysis
The bullish trend is currently very strong on NEMETSCHEK SE O.N.. As long as the price remains above the support at 70.46 EUR, you could try to benefit from the boom. The first bullish objective is located at 77.14 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 81.41 EUR as an objective. Crossing it would then enable buyers to target 91.99 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEMETSCHEK SE O.N. rating 72.38 EUR. The price registered an increase of +0.92% on the session and was traded between 71.12 EUR and 72.46 EUR over the period. The price is currently at +1.77% from its lowest and -0.11% from its highest.71.12
72.46
72.38
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a 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 this Daily chart of NEMETSCHEK SE O.N. indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 50.96 | 62.64 | 70.46 | 72.38 | 81.41 | 91.99 | 113.69 |
Change (%) | -29.59% | -13.46% | -2.65% | - | +12.48% | +27.09% | +57.07% |
Change | -21.42 | -9.74 | -1.92 | - | +9.03 | +19.61 | +41.31 |
Level | Major | Intermediate | Major | - | Minor | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 69.33 | 69.91 | 70.81 | 71.39 | 72.29 | 72.87 | 73.77 |
Camarilla | 71.31 | 71.45 | 71.58 | 71.72 | 71.86 | 71.99 | 72.13 |
Woodie | 69.50 | 69.99 | 70.98 | 71.47 | 72.46 | 72.95 | 73.94 |
Fibonacci | 69.91 | 70.47 | 70.82 | 71.39 | 71.95 | 72.30 | 72.87 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 65.27 | 66.65 | 69.19 | 70.57 | 73.11 | 74.49 | 77.03 |
Camarilla | 70.64 | 71.00 | 71.36 | 71.72 | 72.08 | 72.44 | 72.80 |
Woodie | 65.84 | 66.94 | 69.76 | 70.86 | 73.68 | 74.78 | 77.60 |
Fibonacci | 66.65 | 68.15 | 69.08 | 70.57 | 72.07 | 73.00 | 74.49 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 55.38 | 58.66 | 64.62 | 67.90 | 73.86 | 77.14 | 83.10 |
Camarilla | 68.04 | 68.89 | 69.73 | 70.58 | 71.43 | 72.27 | 73.12 |
Woodie | 56.72 | 59.33 | 65.96 | 68.57 | 75.20 | 77.81 | 84.44 |
Fibonacci | 58.66 | 62.19 | 64.37 | 67.90 | 71.43 | 73.61 | 77.14 |
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): | 68.79 | |
MACD (12,26,9): | 2.1300 | |
Directional Movement: | 23.47 | |
AROON (14): | 57.14 | |
DEMA (21): | 71.01 | |
Parabolic SAR (0,02-0,02-0,2): | 67.67 | |
Elder Ray (13): | 2.59 | |
Super Trend (3,10): | 66.93 | |
Zig ZAG (10): | 72.28 | |
VORTEX (21): | 1.1100 | |
Stochastique (14,3,5): | 88.51 | |
TEMA (21): | 71.03 | |
Williams %R (14): | -2.67 | |
Chande Momentum Oscillator (20): | 5.18 | |
Repulse (5,40,3): | 3.6200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4500 | |
Courbe Coppock: | 9.84 |
MA7: | 69.98 | |
MA20: | 68.06 | |
MA50: | 63.09 | |
MA100: | 57.40 | |
MAexp7: | 70.26 | |
MAexp20: | 68.14 | |
MAexp50: | 63.96 | |
MAexp100: | 59.92 | |
Price / MA7: | +3.43% | |
Price / MA20: | +6.35% | |
Price / MA50: | +14.72% | |
Price / MA100: | +26.10% | |
Price / MAexp7: | +3.02% | |
Price / MAexp20: | +6.22% | |
Price / MAexp50: | +13.16% | |
Price / MAexp100: | +20.79% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on NEMETSCHEK SE O.N. at the time of the analysis were as follows:
- EQS-News: Nemetschek SE: Successful Start to the Year in Q1 2023 with Continued Strong Growth in Subscriptions and SaaS
- EQS-News: Nemetschek SE lays decisive foundations for future dynamic growth after successful 2022 financial year
- EQS-News: Nemetschek Group proposes dividend increase by 15.4% to EUR 0.45 per share
- EQS-News: Nemetschek Group Achieves Its Revenue and Profitability Targets in the Fiscal Year 2022
- EQS-News: Nemetschek Group announces Louise Öfverström as new CFO
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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