WACKER NEUSON SE NA O.N. - 1H - Technical analysis published on 09/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 19.04 EUR
My targets
18.12 EUR (-4.23%)
16.73 EUR (-11.58%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WACKER NEUSON SE NA O.N. as long as the price remains well below 19.04 EUR. The sellers' bearish objective is set at 18.12 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16.73 EUR. In case of crossing, the next objective would be the support located at 15.76 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WACKER NEUSON SE NA O.N. rating 18.92 EUR. The price registered a decrease of -0.11% on the session with the lowest point at 18.92 EUR and the highest point at 18.94 EUR. The deviation from the price is 0% for the low point and -0.11% for the high point.18.92
18.94
18.92
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WACKER NEUSON SE NA O.N. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
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 | 16.73 | 18.12 | 18.85 | 18.92 | 19.04 | 19.58 | 20.26 |
| Change (%) | -11.58% | -4.23% | -0.37% | - | +0.63% | +3.49% | +7.08% |
| Change | -2.19 | -0.80 | -0.07 | - | +0.12 | +0.66 | +1.34 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Major |
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 | 18.22 | 18.58 | 18.76 | 19.12 | 19.30 | 19.66 | 19.84 |
| Camarilla | 18.79 | 18.84 | 18.89 | 18.94 | 18.99 | 19.04 | 19.09 |
| Woodie | 18.13 | 18.54 | 18.67 | 19.08 | 19.21 | 19.62 | 19.75 |
| Fibonacci | 18.58 | 18.79 | 18.91 | 19.12 | 19.33 | 19.45 | 19.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.58 | 19.04 | 19.38 | 19.84 | 20.18 | 20.64 | 20.98 |
| Camarilla | 19.50 | 19.57 | 19.65 | 19.72 | 19.79 | 19.87 | 19.94 |
| Woodie | 18.52 | 19.01 | 19.32 | 19.81 | 20.12 | 20.61 | 20.92 |
| Fibonacci | 19.04 | 19.35 | 19.53 | 19.84 | 20.15 | 20.33 | 20.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.53 | 15.83 | 18.11 | 21.41 | 23.69 | 26.99 | 29.27 |
| Camarilla | 18.87 | 19.38 | 19.89 | 20.40 | 20.91 | 21.42 | 21.94 |
| Woodie | 12.03 | 15.58 | 17.61 | 21.16 | 23.19 | 26.74 | 28.77 |
| Fibonacci | 15.83 | 17.96 | 19.28 | 21.41 | 23.54 | 24.86 | 26.99 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 29.13 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -17.09 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 19.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.35 | |
| Elder Ray (13): | -0.22 | |
| Super Trend (3,10): | 19.34 | |
| Zig ZAG (10): | 18.92 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 18.90 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.48 | |
| Repulse (5,40,3): | -1.2600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 5.76 |
| MA7: | 19.47 | |
| MA20: | 19.85 | |
| MA50: | 21.03 | |
| MA100: | 21.29 | |
| MAexp7: | 19.03 | |
| MAexp20: | 19.26 | |
| MAexp50: | 19.52 | |
| MAexp100: | 19.71 | |
| Price / MA7: | -2.82% | |
| Price / MA20: | -4.69% | |
| Price / MA50: | -10.03% | |
| Price / MA100: | -11.13% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -1.77% | |
| Price / MAexp50: | -3.07% | |
| Price / MAexp100: | -4.01% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The last news published on WACKER NEUSON SE NA O.N. at the time of the generation of this analysis was as follows:
- Wacker Neuson Group Selects Syncron as Strategic Partner for Aftermarket Pricing
- Wacker Neuson Group Selects Syncron as Strategic Partner for Aftermarket Pricing
- EQS-News: Wacker Neuson Group remains on growth track in first half of 2023
- EQS-Adhoc: Wacker Neuson Group raises guidance for fiscal 2023 and publishes preliminary business figures for the first half of 2023
- EQS-News: Wacker Neuson Group strives for significant revenue growth with “Strategy 2030”
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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