SUSS MICROTEC SE NA O.N.
SUSS MICROTEC SE NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SMHN
ISIN: DE000A1K0235

SUSS MICROTEC SE NA O.N. - 1H - Technical analysis published on 11/08/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 19.39 EUR
My targets
20.77 EUR (+3.61%)
21.62 EUR (+7.83%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on SUESS MICROTEC SE NA O.N.. This is a positive signal for buyers. As long as the price remains above 19.39 EUR, a purchase could be considered. The first bullish objective is located at 20.77 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.62 EUR as an objective. Crossing it would then enable buyers to target 22.55 EUR. In the event of a return below 19.39 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SUESS MICROTEC SE NA O.N. rating is 20.05 EUR. On the day, this instrument gained +17.11% and was traded between 16.72 EUR and 20.45 EUR over the period. The price is currently at +19.92% from its lowest and -1.96% from its highest.

16.72
20.45
20.05

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



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 1H chart of SUESS MICROTEC SE NA O.N. indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

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

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.74 17.99 19.39 20.05 21.62 22.55 23.25
Change (%) -16.51% -10.27% -3.29% - +7.83% +12.47% +15.96%
Change -3.31 -2.06 -0.66 - +1.57 +2.50 +3.20
Level Major Minor 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
Standard16.0716.5516.8317.3117.5918.0718.35
Camarilla16.9116.9817.0517.1217.1917.2617.33
Woodie15.9816.5016.7417.2617.5018.0218.26
Fibonacci16.5516.8417.0217.3117.6017.7818.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.7714.8116.7517.7919.7320.7722.71
Camarilla17.8618.1318.4118.6818.9519.2319.50
Woodie14.2115.0417.1918.0220.1721.0023.15
Fibonacci14.8115.9516.6617.7918.9319.6420.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.919.9713.1418.2021.3726.4329.60
Camarilla14.0614.8115.5716.3217.0717.8318.58
Woodie3.989.5012.2117.7320.4425.9628.67
Fibonacci9.9713.1115.0518.2021.3423.2826.43

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): 75.77
MACD (12,26,9): 0.1000
Directional Movement: 44.30
AROON (14): 14.29
DEMA (21): 17.80
Parabolic SAR (0,02-0,02-0,2): 16.72
Elder Ray (13): 2.16
Super Trend (3,10): 18.26
Zig ZAG (10): 19.62
VORTEX (21): 1.1400
Stochastique (14,3,5): 55.82
TEMA (21): 17.90
Williams %R (14): -22.25
Chande Momentum Oscillator (20): 2.28
Repulse (5,40,3): 9.2200
ROCnROLL: 1
TRIX (15,9): -0.1300
Courbe Coppock: 2.21
MA7: 17.86
MA20: 19.44
MA50: 20.46
MA100: 21.81
MAexp7: 18.15
MAexp20: 17.75
MAexp50: 17.76
MAexp100: 18.19
Price / MA7: +12.26%
Price / MA20: +3.14%
Price / MA50: -2.00%
Price / MA100: -8.07%
Price / MAexp7: +10.47%
Price / MAexp20: +12.96%
Price / MAexp50: +12.89%
Price / MAexp100: +10.23%

Quotes : - 15 min delayed data - Germany Stocks

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

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