EINHELL GERMANY VZO O.N. - Daily - Technical analysis published on 10/19/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 138.6 EUR
My targets
125.2 EUR (-3.99%)
114.2 EUR (-12.42%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EINHELL GERMANY VZO O.N. as long as the price remains well below 138.6 EUR. The sellers' bearish objective is set at 125.2 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 114.2 EUR. In case of crossing, the next objective would be the support located at 76.7 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
The EINHELL GERMANY VZO O.N. rating is 130.4 EUR. The price is lower by -0.61% since the last closing and was between 128.4 EUR and 131.2 EUR. This implies that the price is at +1.56% from its lowest and at -0.61% from its highest.128.4
131.2
130.4
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EINHELL GERMANY VZO O.N. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
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
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:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.9 | 76.7 | 114.2 | 130.4 | 138.6 | 146.4 | 153.9 |
| Change (%) | -70.17% | -41.18% | -12.42% | - | +6.29% | +12.27% | +18.02% |
| Change | -91.5 | -53.7 | -16.2 | - | +8.2 | +16.0 | +23.5 |
| Level | Major | Intermediate | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.8 | 126.8 | 129.0 | 131.0 | 133.2 | 135.2 | 137.4 |
| Camarilla | 130.1 | 130.4 | 130.8 | 131.2 | 131.6 | 132.0 | 132.4 |
| Woodie | 124.9 | 126.9 | 129.1 | 131.1 | 133.3 | 135.3 | 137.5 |
| Fibonacci | 126.8 | 128.4 | 129.4 | 131.0 | 132.6 | 133.6 | 135.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.9 | 133.5 | 135.7 | 139.3 | 141.5 | 145.1 | 147.3 |
| Camarilla | 136.2 | 136.7 | 137.3 | 137.8 | 138.3 | 138.9 | 139.4 |
| Woodie | 129.1 | 133.2 | 134.9 | 139.0 | 140.7 | 144.8 | 146.5 |
| Fibonacci | 133.5 | 135.8 | 137.1 | 139.3 | 141.6 | 142.9 | 145.1 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.6 | 125.2 | 133.6 | 142.2 | 150.6 | 159.2 | 167.6 |
| Camarilla | 137.3 | 138.9 | 140.4 | 142.0 | 143.6 | 145.1 | 146.7 |
| Woodie | 116.5 | 125.2 | 133.5 | 142.2 | 150.5 | 159.2 | 167.5 |
| Fibonacci | 125.2 | 131.7 | 135.7 | 142.2 | 148.7 | 152.7 | 159.2 |
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): | 38.10 | |
| MACD (12,26,9): | -2.6000 | |
| Directional Movement: | -16.6 | |
| AROON (14): | -28.6 | |
| DEMA (21): | 134.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.8 | |
| Elder Ray (13): | -6.3 | |
| Super Trend (3,10): | 143.9 | |
| Zig ZAG (10): | 130.4 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 31.80 | |
| TEMA (21): | 133.3 | |
| Williams %R (14): | -75.30 | |
| Chande Momentum Oscillator (20): | -10.2 | |
| Repulse (5,40,3): | -3.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 7.10 |
| MA7: | 135.9 | |
| MA20: | 137.9 | |
| MA50: | 141.8 | |
| MA100: | 145.6 | |
| MAexp7: | 134.4 | |
| MAexp20: | 137.5 | |
| MAexp50: | 141.3 | |
| MAexp100: | 144.4 | |
| Price / MA7: | -4.05% | |
| Price / MA20: | -5.44% | |
| Price / MA50: | -8.04% | |
| Price / MA100: | -10.44% | |
| Price / MAexp7: | -2.98% | |
| Price / MAexp20: | -5.16% | |
| Price / MAexp50: | -7.71% | |
| Price / MAexp100: | -9.70% |
Quotes :
-
15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on EINHELL GERMANY VZO O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-Adhoc: Einhell Germany AG: Preliminary financial figures as at 30 September 2023 / adjustment to forecasts
- EQS-Adhoc: Einhell Germany AG: Business Development 2023
- EQS-News: Einhell Germany AG: 2022 a record year: Einhell hits billion euro mark in sales for the first time
- EQS-Adhoc: Einhell Germany AG: Peliminary business figures for 2022
- EQS-Adhoc: Einhell Germany AG: Preliminary business figures for 2022 / Forecast for the 2023 financial year
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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