INDUS HOLDING AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	INH
ISIN:	DE0006200108

INDUS HOLDING AG - Daily - Technical analysis published on 01/08/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 38.77 EUR

My targets

40.89 EUR (+3.13%)

43.50 EUR (+9.71%)

My analysis

INDUS HOLDING AG is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 38.77 EUR. The next resistance located at 40.89 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 43.50 EUR. After this resistance, buyers could then target 46.05 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

FORCE

6.4

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 Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

INDUS HOLDING AG rating 39.65 EUR. On the day, this instrument gained +0.76% and was traded between 39.00 EUR and 39.95 EUR over the period. The price is currently at +1.67% from its lowest and -0.75% from its highest.

39.00

39.95

39.65

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by INDUS HOLDING AG:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this INDUS HOLDING AG chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Support of channel is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

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:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.20	36.88	38.77	39.65	40.89	43.50	46.05
Change (%)	-13.75%	-6.99%	-2.22%	-	+3.13%	+9.71%	+16.14%
Change	-5.45	-2.77	-0.88	-	+1.24	+3.85	+6.40
Level	Major	Major	Major	-	Major	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.12	38.38	38.87	39.13	39.62	39.88	40.37
Camarilla	39.14	39.21	39.28	39.35	39.42	39.49	39.56
Woodie	38.23	38.44	38.98	39.19	39.73	39.94	40.48
Fibonacci	38.38	38.67	38.85	39.13	39.42	39.60	39.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.90	37.65	38.35	39.10	39.80	40.55	41.25
Camarilla	38.65	38.78	38.92	39.05	39.18	39.32	39.45
Woodie	36.88	37.64	38.33	39.09	39.78	40.54	41.23
Fibonacci	37.65	38.20	38.55	39.10	39.65	40.00	40.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.75	35.65	37.25	39.15	40.75	42.65	44.25
Camarilla	37.89	38.21	38.53	38.85	39.17	39.49	39.81
Woodie	33.60	35.58	37.10	39.08	40.60	42.58	44.10
Fibonacci	35.65	36.99	37.81	39.15	40.49	41.31	42.65

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):	56.94
MACD (12,26,9):	0.3400
Directional Movement:	7.26
AROON (14):	-71.42
DEMA (21):	39.55
Parabolic SAR (0,02-0,02-0,2):	40.15
Elder Ray (13):	0.30
Super Trend (3,10):	37.85
Zig ZAG (10):	39.65
VORTEX (21):	1.0300
Stochastique (14,3,5):	38.98
TEMA (21):	39.39
Williams %R (14):	-47.46
Chande Momentum Oscillator (20):	-0.80
Repulse (5,40,3):	2.9300
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	0.69

MA7:	39.21
MA20:	39.27
MA50:	37.77
MA100:	36.83
MAexp7:	39.26
MAexp20:	39.04
MAexp50:	38.22
MAexp100:	37.82
Price / MA7:	+1.12%
Price / MA20:	+0.97%
Price / MA50:	+4.98%
Price / MA100:	+7.66%
Price / MAexp7:	+0.99%
Price / MAexp20:	+1.56%
Price / MAexp50:	+3.74%
Price / MAexp100:	+4.84%

News

The latest news and videos published on INDUS HOLDING AG at the time of the analysis were as follows:

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

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