BORUSSIA DORTMUND - Daily - Technical analysis published on 01/02/2020 (GMT)
- Who voted?
- 241
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
50%
22%
28%
My opinion
Bullish above 8.277 EUR
My targets
8.845 EUR (+1.55%)
9.036 EUR (+3.74%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BORUSSIA DORTMUND as long as the price remains well above 8.277 EUR. The buyers” bullish objective is set at 8.845 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.036 EUR. If there is any crossing, the next objective would be the resistance located at 9.455 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 8.845 EUR. On this resistance, against the trend traders who would like to go short on BORUSSIA DORTMUND with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.6
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BORUSSIA DORTMUND rating 8.710 EUR. On the day, this instrument lost -1.02% and was between 8.655 EUR and 8.805 EUR. This implies that the price is at +0.64% from its lowest and at -1.08% from its highest.8.655
8.805
8.710
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of BORUSSIA DORTMUND indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.005 | 8.277 | 8.646 | 8.710 | 8.845 | 9.036 | 9.455 |
| Change (%) | -19.58% | -4.97% | -0.73% | - | +1.55% | +3.74% | +8.55% |
| Change | -1.705 | -0.433 | -0.064 | - | +0.135 | +0.326 | +0.745 |
| Level | Minor | Major | Intermediate | - | Intermediate | 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 | 8.473 | 8.547 | 8.673 | 8.747 | 8.873 | 8.947 | 9.073 |
| Camarilla | 8.745 | 8.763 | 8.782 | 8.800 | 8.818 | 8.837 | 8.855 |
| Woodie | 8.500 | 8.560 | 8.700 | 8.760 | 8.900 | 8.960 | 9.100 |
| Fibonacci | 8.547 | 8.623 | 8.670 | 8.747 | 8.823 | 8.870 | 8.947 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.915 | 8.100 | 8.295 | 8.480 | 8.675 | 8.860 | 9.055 |
| Camarilla | 8.386 | 8.420 | 8.455 | 8.490 | 8.525 | 8.560 | 8.595 |
| Woodie | 7.920 | 8.103 | 8.300 | 8.483 | 8.680 | 8.863 | 9.060 |
| Fibonacci | 8.100 | 8.245 | 8.335 | 8.480 | 8.625 | 8.715 | 8.860 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.442 | 7.863 | 8.332 | 8.753 | 9.222 | 9.643 | 10.112 |
| Camarilla | 8.555 | 8.637 | 8.718 | 8.800 | 8.882 | 8.963 | 9.045 |
| Woodie | 7.465 | 7.875 | 8.355 | 8.765 | 9.245 | 9.655 | 10.135 |
| Fibonacci | 7.863 | 8.203 | 8.413 | 8.753 | 9.093 | 9.303 | 9.643 |
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): | 53.71 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -0.349 | |
| AROON (14): | -57.142 | |
| DEMA (21): | 8.586 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.935 | |
| Elder Ray (13): | 0.133 | |
| Super Trend (3,10): | 8.027 | |
| Zig ZAG (10): | 8.725 | |
| VORTEX (21): | 0.9220 | |
| Stochastique (14,3,5): | 43.45 | |
| TEMA (21): | 8.659 | |
| Williams %R (14): | -50.56 | |
| Chande Momentum Oscillator (20): | 0.375 | |
| Repulse (5,40,3): | 1.0070 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0010 | |
| Courbe Coppock: | 0.08 |
| MA7: | 8.566 | |
| MA20: | 8.589 | |
| MA50: | 8.571 | |
| MA100: | 9.023 | |
| MAexp7: | 8.620 | |
| MAexp20: | 8.587 | |
| MAexp50: | 8.671 | |
| MAexp100: | 8.789 | |
| Price / MA7: | +1.68% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +1.62% | |
| Price / MA100: | -3.47% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +1.43% | |
| Price / MAexp50: | +0.45% | |
| Price / MAexp100: | -0.90% |
News
The latest news and videos published on BORUSSIA DORTMUND at the time of the analysis were as follows:
- DGAP-News: Borussia Dortmund and PUMA extend their partnership until 2028
- Borussia Dortmund and PUMA Extend Their Partnership Until 2028
- DGAP-News: BVB share: Frankfurt Main Research confirms 'buy' recommendation
- DGAP-Adhoc: Borussia Dortmund announces preliminary results for the first quarter (Q1) of the fiscal year 2019/2020
- DGAP-News: Borussia Dortmund intends to pay a dividend in an amount of 0.06 EUR per share
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BORUSSIA DORTMUND - Daily