ALSO N - 1H - Technical analysis published on 06/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 197.6667 CHF
My targets
255.0000 CHF (+24.39%)
287.5000 CHF (+40.24%)
My analysis
ALSO N 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 197.6667 CHF. The next resistance located at 255.0000 CHF 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 287.5000 CHF. After this resistance, buyers could then target 300.9000 CHF. 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.
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
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ALSO N rating 205.0000 CHF. The price has increased by +7.11% since the last closing and was between 190.8000 CHF and 206.0000 CHF. This implies that the price is at +7.44% from its lowest and at -0.49% from its highest.190.8000
206.0000
205.0000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this ALSO N 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Upside gap
Type : Bullish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 191.0000 | 192.5330 | 194.1600 | 205.0000 | 206.0000 | 255.0000 | 287.5000 |
| Change (%) | -6.83% | -6.08% | -5.29% | - | +0.49% | +24.39% | +40.24% |
| Change | -14.0000 | -12.4670 | -10.8400 | - | +1.0000 | +50.0000 | +82.5000 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Minor |
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 | 188.4667 | 189.5333 | 190.4667 | 191.5333 | 192.4667 | 193.5333 | 194.4667 |
| Camarilla | 190.8500 | 191.0333 | 191.2167 | 191.4000 | 191.5833 | 191.7667 | 191.9500 |
| Woodie | 188.4000 | 189.5000 | 190.4000 | 191.5000 | 192.4000 | 193.5000 | 194.4000 |
| Fibonacci | 189.5333 | 190.2973 | 190.7693 | 191.5333 | 192.2973 | 192.7693 | 193.5333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.2667 | 182.7333 | 186.0667 | 188.5333 | 191.8667 | 194.3333 | 197.6667 |
| Camarilla | 187.8050 | 188.3367 | 188.8683 | 189.4000 | 189.9317 | 190.4633 | 190.9950 |
| Woodie | 180.7000 | 182.9500 | 186.5000 | 188.7500 | 192.3000 | 194.5500 | 198.1000 |
| Fibonacci | 182.7333 | 184.9489 | 186.3177 | 188.5333 | 190.7489 | 192.1177 | 194.3333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 168.7333 | 175.2667 | 178.9333 | 185.4667 | 189.1333 | 195.6667 | 199.3333 |
| Camarilla | 179.7950 | 180.7300 | 181.6650 | 182.6000 | 183.5350 | 184.4700 | 185.4050 |
| Woodie | 167.3000 | 174.5500 | 177.5000 | 184.7500 | 187.7000 | 194.9500 | 197.9000 |
| Fibonacci | 175.2667 | 179.1631 | 181.5703 | 185.4667 | 189.3631 | 191.7703 | 195.6667 |
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): | 82.67 | |
| MACD (12,26,9): | 2.2867 | |
| Directional Movement: | 54.2375 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 196.8798 | |
| Parabolic SAR (0,02-0,02-0,2): | 191.5920 | |
| Elder Ray (13): | 9.4913 | |
| Super Trend (3,10): | 199.2709 | |
| Zig ZAG (10): | 205.0000 | |
| VORTEX (21): | 1.3605 | |
| Stochastique (14,3,5): | 96.83 | |
| TEMA (21): | 198.5830 | |
| Williams %R (14): | -6.49 | |
| Chande Momentum Oscillator (20): | 12.6000 | |
| Repulse (5,40,3): | 4.5251 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0634 | |
| Courbe Coppock: | 5.77 |
| MA7: | 193.0857 | |
| MA20: | 188.9500 | |
| MA50: | 188.2700 | |
| MA100: | 186.5300 | |
| MAexp7: | 198.2262 | |
| MAexp20: | 194.4404 | |
| MAexp50: | 192.1685 | |
| MAexp100: | 190.5601 | |
| Price / MA7: | +6.17% | |
| Price / MA20: | +8.49% | |
| Price / MA50: | +8.89% | |
| Price / MA100: | +9.90% | |
| Price / MAexp7: | +3.42% | |
| Price / MAexp20: | +5.43% | |
| Price / MAexp50: | +6.68% | |
| Price / MAexp100: | +7.58% |
Quotes :
-
15 min delayed data
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Switzerland SWX Stocks
News
The latest news and videos published on ALSO N at the time of the analysis were as follows:
- For more than 2 years: ALSO empowers SMBs with AI solutions
- As of May 2024: Realignment of operational management at ALSO
- ALSO partners with AMD
- Top Performance since 12 years: ALSO Member of the SPI Select Dividend 20 Index
- Plus 557% dividend per share in the last twelve years Future strong growth expected for the industry
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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