Londinia Opportunities Analyses - 01/27/2023 (GMT) SUSE S.A. - 1H

SUSE S.A.
Type: Stocks
Ticker: SUSE
ISIN: LU2333210958

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 18.21 EUR
My targets
18.56 EUR (+1.37%)
19.43 EUR (+6.12%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUSE S.A.DL 1 as long as the price remains well above 18.21 EUR. The buyers' bullish objective is set at 18.56 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.43 EUR. If there is any crossing, the next objective would be the resistance located at 20.88 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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Additional analysis

Quotes

SUSE S.A.DL 1 rating 18.31 EUR. The price registered an increase of +0.72% on the session and was traded between 18.05 EUR and 18.31 EUR over the period. The price is currently at +1.44% from its lowest and 0% from its highest.

18.05
18.31
18.31

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SUSE S.A.DL 1 in 1H shows a strongly overall 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.

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.20 17.65 18.21 18.31 18.56 20.88 23.52
Change (%) -6.06% -3.60% -0.55% - +1.37% +14.04% +28.45%
Change -1.11 -0.66 -0.10 - +0.25 +2.57 +5.21
Level Minor Major Minor - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.3617.5817.8818.1018.4018.6218.92
Camarilla18.0418.0918.1318.1818.2318.2818.32
Woodie17.4017.6017.9218.1218.4418.6418.96
Fibonacci17.5817.7817.9018.1018.3018.4218.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.7815.7516.6217.5918.4619.4320.30
Camarilla16.9817.1517.3217.4917.6617.8318.00
Woodie14.7315.7316.5717.5718.4119.4120.25
Fibonacci15.7516.4516.8917.5918.2918.7319.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.4212.4414.6417.6619.8622.8825.08
Camarilla15.4115.8816.3616.8417.3217.8018.28
Woodie9.0112.2414.2317.4619.4522.6824.67
Fibonacci12.4414.4315.6717.6619.6520.8922.88

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): 59.27
MACD (12,26,9): 0.1000
Directional Movement: 14.70
AROON (14): 64.29
DEMA (21): 18.17
Parabolic SAR (0,02-0,02-0,2): 17.95
Elder Ray (13): 0.11
Super Trend (3,10): 17.83
Zig ZAG (10): 18.21
VORTEX (21): 0.9800
Stochastique (14,3,5): 83.09
TEMA (21): 18.21
Williams %R (14): -16.18
Chande Momentum Oscillator (20): 0.17
Repulse (5,40,3): 0.5600
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 4.38
MA7: 17.86
MA20: 17.78
MA50: 17.79
MA100: 17.56
MAexp7: 18.16
MAexp20: 18.05
MAexp50: 17.93
MAexp100: 17.79
Price / MA7: +2.52%
Price / MA20: +2.98%
Price / MA50: +2.92%
Price / MA100: +4.27%
Price / MAexp7: +0.83%
Price / MAexp20: +1.44%
Price / MAexp50: +2.12%
Price / MAexp100: +2.92%

Quotes : - 15 min delayed data - Actions Allemagne