Londinia Opportunities Analyses - 09/23/2021 (GMT) ELMOS SEMICOND. INH O.N. - 1H

ELMOS SEMICOND. INH O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: ELG
ISIN: DE0005677108

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 41.50 EUR
My targets
43.27 EUR (+3.02%)
45.03 EUR (+7.22%)
My analysis
ELMOS SEMICOND. INH 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 41.50 EUR. The next resistance located at 43.27 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 45.03 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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

ELMOS SEMICOND. INH O.N. rating 42.00 EUR. The price registered an increase of +1.57% on the session with the lowest point at 41.65 EUR and the highest point at 42.25 EUR. The deviation from the price is +0.84% for the low point and -0.59% for the high point.

41.65
42.25
42.00

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

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 study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ELMOS SEMICOND. INH O.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 market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 39.45 40.60 41.50 42.00
Change (%) -6.07% -3.33% -1.19% -
Change -2.55 -1.40 -0.50 -
Level Major Major Intermediate -



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
Standard39.4039.9540.6541.2041.9042.4543.15
Camarilla41.0141.1241.2441.3541.4741.5841.69
Woodie39.4839.9940.7341.2441.9842.4943.23
Fibonacci39.9540.4340.7241.2041.6841.9742.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.7337.0738.8340.1741.9343.2745.03
Camarilla39.7540.0340.3240.6040.8841.1741.45
Woodie35.9537.1839.0540.2842.1543.3845.25
Fibonacci37.0738.2538.9840.1741.3542.0843.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.7829.5733.7836.5740.7843.5747.78
Camarilla36.0836.7237.3638.0038.6439.2839.93
Woodie27.5029.9334.5036.9341.5043.9348.50
Fibonacci29.5732.2433.8936.5739.2440.8943.57

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): 64.56
MACD (12,26,9): 0.3300
Directional Movement: 25.88
AROON (14): 78.57
DEMA (21): 41.40
Parabolic SAR (0,02-0,02-0,2): 40.96
Elder Ray (13): 0.76
Super Trend (3,10): 40.58
Zig ZAG (10): 41.75
VORTEX (21): 1.1100
Stochastique (14,3,5): 75.14
TEMA (21): 41.67
Williams %R (14): -24.39
Chande Momentum Oscillator (20): 1.10
Repulse (5,40,3): -0.5100
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 4.65
MA7: 40.76
MA20: 39.42
MA50: 37.44
MA100: 36.76
MAexp7: 41.49
MAexp20: 41.01
MAexp50: 40.54
MAexp100: 39.92
Price / MA7: +3.04%
Price / MA20: +6.54%
Price / MA50: +12.18%
Price / MA100: +14.25%
Price / MAexp7: +1.23%
Price / MAexp20: +2.41%
Price / MAexp50: +3.60%
Price / MAexp100: +5.21%

Quotes : - 15 min delayed data - Actions Allemagne