Londinia Opportunities Analyses - 06/18/2021 (GMT) DRAEGERWERK VZO O.N. - 1H

DRAEGERWERK VZO O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: DRW3
ISIN: DE0005550636

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 76.24 EUR
My targets
77.30 EUR (+0.72%)
79.10 EUR (+3.06%)
My analysis
DRAEGERWERK VZO O.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 76.24 EUR. The next resistance located at 77.30 EUR 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 79.10 EUR. After this resistance, buyers could then target 89.09 EUR. 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.

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
8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The DRAEGERWERK VZO O.N. rating is 76.75 EUR. On the day, this instrument gained +1.86% and was traded between 75.50 EUR and 77.05 EUR over the period. The price is currently at +1.66% from its lowest and -0.39% from its highest.

75.50
77.05
76.75

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DRAEGERWERK VZO O.N. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. 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 2

Type : Neutral

Timeframe : 1 hour


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 74.50 75.28 76.24 76.75 77.30 77.65 89.09
Change (%) -2.93% -1.92% -0.66% - +0.72% +1.17% +16.08%
Change -2.25 -1.47 -0.51 - +0.55 +0.90 +12.34
Level Minor Intermediate Major - Minor Minor Intermediate



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
Standard73.7774.3874.8775.4875.9776.5877.07
Camarilla75.0575.1575.2575.3575.4575.5575.65
Woodie73.7074.3574.8075.4575.9076.5577.00
Fibonacci74.3874.8075.0675.4875.9076.1676.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.1071.4073.1074.4076.1077.4079.10
Camarilla73.9874.2574.5374.8075.0875.3575.63
Woodie70.3071.5073.3074.5076.3077.5079.30
Fibonacci71.4072.5573.2574.4075.5576.2577.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.9568.8071.7074.5577.4580.3083.20
Camarilla73.0273.5574.0774.6075.1375.6576.18
Woodie65.9868.8171.7374.5677.4880.3183.23
Fibonacci68.8071.0072.3574.5576.7578.1080.30

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): 65.15
MACD (12,26,9): 0.1300
Directional Movement: 24.89
AROON (14): 92.86
DEMA (21): 75.93
Parabolic SAR (0,02-0,02-0,2): 75.01
Elder Ray (13): 0.55
Super Trend (3,10): 74.89
Zig ZAG (10): 76.60
VORTEX (21): 0.9300
Stochastique (14,3,5): 63.83
TEMA (21): 75.79
Williams %R (14): -10.00
Chande Momentum Oscillator (20): 1.15
Repulse (5,40,3): 1.6400
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.90
MA7: 75.56
MA20: 75.11
MA50: 74.69
MA100: 70.99
MAexp7: 75.85
MAexp20: 75.59
MAexp50: 75.37
MAexp100: 75.16
Price / MA7: +1.57%
Price / MA20: +2.18%
Price / MA50: +2.76%
Price / MA100: +8.11%
Price / MAexp7: +1.19%
Price / MAexp20: +1.53%
Price / MAexp50: +1.83%
Price / MAexp100: +2.12%

Quotes : - 15 min delayed data - Actions Allemagne

News


Don't forget to follow the news on DRAEGERWERK VZO O.N.. At the time of publication of this analysis, the latest news was as follows: