Londinia Opportunities Analyses - 05/23/2022 (GMT) BAY.MOTOREN WERKEVZO - 1H
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EUR
(-)
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15 min delayed data - Germany Stocks
Type: | Stocks |
Ticker: | BMW3 |
ISIN: | DE0005190037 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 71.34 EUR
My targets
72.56 EUR (+1.06%)
75.88 EUR (+5.68%)
My analysis
BAY.MOTOREN WERKEVZO 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 71.34 EUR. The next resistance located at 72.56 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 75.88 EUR. After this resistance, buyers could then target 78.58 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The BAY.MOTOREN WERKEVZO price is 71.80 EUR. The price has increased by +0.70% since the last closing and was between 70.70 EUR and 72.40 EUR. This implies that the price is at +1.56% from its lowest and at -0.83% from its highest.70.70
72.40
71.80
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BAY.MOTOREN WERKEVZO indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 69.11 | 69.87 | 71.34 | 71.80 | 72.56 | 75.88 | 78.58 |
Change (%) | -3.75% | -2.69% | -0.64% | - | +1.06% | +5.68% | +9.44% |
Change | -2.69 | -1.93 | -0.46 | - | +0.76 | +4.08 | +6.78 |
Level | Intermediate | Major | Major | - | 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 |
---|---|---|---|---|---|---|---|
Standard | 69.57 | 70.23 | 70.77 | 71.43 | 71.97 | 72.63 | 73.17 |
Camarilla | 70.97 | 71.08 | 71.19 | 71.30 | 71.41 | 71.52 | 71.63 |
Woodie | 69.50 | 70.20 | 70.70 | 71.40 | 71.90 | 72.60 | 73.10 |
Fibonacci | 70.23 | 70.69 | 70.98 | 71.43 | 71.89 | 72.18 | 72.63 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 65.32 | 66.83 | 69.07 | 70.58 | 72.82 | 74.33 | 76.57 |
Camarilla | 70.27 | 70.61 | 70.96 | 71.30 | 71.64 | 71.99 | 72.33 |
Woodie | 65.68 | 67.01 | 69.43 | 70.76 | 73.18 | 74.51 | 76.93 |
Fibonacci | 66.83 | 68.27 | 69.15 | 70.58 | 72.02 | 72.90 | 74.33 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 58.33 | 60.15 | 62.66 | 64.48 | 66.99 | 68.81 | 71.32 |
Camarilla | 63.97 | 64.37 | 64.76 | 65.16 | 65.56 | 65.95 | 66.35 |
Woodie | 58.67 | 60.32 | 63.00 | 64.65 | 67.33 | 68.98 | 71.66 |
Fibonacci | 60.15 | 61.81 | 62.83 | 64.48 | 66.14 | 67.16 | 68.81 |
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): | 58.71 | |
MACD (12,26,9): | 0.3500 | |
Directional Movement: | 16.20 | |
AROON (14): | -14.28 | |
DEMA (21): | 71.67 | |
Parabolic SAR (0,02-0,02-0,2): | 70.83 | |
Elder Ray (13): | 0.50 | |
Super Trend (3,10): | 70.16 | |
Zig ZAG (10): | 71.85 | |
VORTEX (21): | 1.1500 | |
Stochastique (14,3,5): | 66.51 | |
TEMA (21): | 71.70 | |
Williams %R (14): | -32.35 | |
Chande Momentum Oscillator (20): | -0.10 | |
Repulse (5,40,3): | 0.0600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0700 | |
Courbe Coppock: | 2.48 |
MA7: | 70.55 | |
MA20: | 67.37 | |
MA50: | 65.16 | |
MA100: | 67.49 | |
MAexp7: | 71.54 | |
MAexp20: | 71.18 | |
MAexp50: | 70.43 | |
MAexp100: | 69.26 | |
Price / MA7: | +1.77% | |
Price / MA20: | +6.58% | |
Price / MA50: | +10.19% | |
Price / MA100: | +6.39% | |
Price / MAexp7: | +0.36% | |
Price / MAexp20: | +0.87% | |
Price / MAexp50: | +1.95% | |
Price / MAexp100: | +3.67% |
Quotes :
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