SGL CARBON SE O.N.
SGL CARBON SE O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SGL
ISIN: DE0007235301

SGL CARBON SE O.N. - Daily - Technical analysis published on 02/13/2020 (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
39%
22%
39%
My opinion
Bearish under 4.406 EUR
My targets
3.917 EUR (-6.73%)
3.650 EUR (-13.10%)
My analysis
The bearish trend is currently very strong for SGL CARBON SE O.N.. As long as the price remains below the resistance at 4.406 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.917 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.650 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.2

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

SGL CARBON SE O.N. rating 4.200 EUR. The price registered a decrease of -1.82% on the session and was traded between 4.174 EUR and 4.336 EUR over the period. The price is currently at +0.62% from its lowest and -3.14% from its highest.

4.174
4.336
4.200

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of SGL CARBON SE O.N. in Daily shows a overall strongly bearish trend. 89.29% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 under support 3

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 3.650 4.157 4.200 4.814 5.990 6.570
Change (%) -13.10% -1.02% - +14.62% +42.62% +56.43%
Change -0.550 -0.043 - +0.614 +1.790 +2.370
Level Major Major - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.1574.2074.2434.2934.3294.3794.415
Camarilla4.2544.2624.2704.2784.2864.2944.302
Woodie4.1494.2044.2354.2904.3214.3764.407
Fibonacci4.2074.2404.2614.2934.3264.3474.379


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.4953.7133.9174.1354.3394.5574.761
Camarilla4.0064.0454.0834.1224.1614.1994.238
Woodie3.4893.7103.9114.1324.3334.5544.755
Fibonacci3.7133.8743.9744.1354.2964.3964.557


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.4713.2413.6364.4064.8015.5715.966
Camarilla3.7123.8183.9254.0324.1394.2464.352
Woodie2.2853.1473.4504.3124.6155.4775.780
Fibonacci3.2413.6863.9614.4064.8515.1265.571

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): 43.67
MACD (12,26,9): -0.1010
Directional Movement: -4.940
AROON (14): -42.857
DEMA (21): 4.155
Parabolic SAR (0,02-0,02-0,2): 3.938
Elder Ray (13): 0.017
Super Trend (3,10): 4.533
Zig ZAG (10): 4.206
VORTEX (21): 0.8580
Stochastique (14,3,5): 51.10
TEMA (21): 4.116
Williams %R (14): -44.58
Chande Momentum Oscillator (20): -0.102
Repulse (5,40,3): -3.2960
ROCnROLL: 2
TRIX (15,9): -0.3700
Courbe Coppock: 10.71
MA7: 4.200
MA20: 4.286
MA50: 4.505
MA100: 4.486
MAexp7: 4.205
MAexp20: 4.290
MAexp50: 4.433
MAexp100: 4.654
Price / MA7: -0%
Price / MA20: -2.01%
Price / MA50: -6.77%
Price / MA100: -6.38%
Price / MAexp7: -0.12%
Price / MAexp20: -2.10%
Price / MAexp50: -5.26%
Price / MAexp100: -9.76%

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

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