Londinia Opportunities Analyses - 03/22/2023 (GMT) SYMRISE AG INH. O.N. - 1H

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	SY1
ISIN:	DE000SYM9999

Londinia

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: Bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 96.44 EUR

My targets

98.01 EUR (+0.81%)

99.18 EUR (+2.02%)

My analysis

The basic bullish trend is very strong on SYMRISE AG INH. O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 96.44 EUR. Crossing the first resistance at 98.01 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 99.18 EUR as an objective. Crossing it would then enable buyers to target 100.70 EUR. Caution, a return to below 96.44 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The SYMRISE AG INH. O.N. rating is 97.22 EUR. On the day, this instrument gained +1.48% with the lowest point at 94.86 EUR and the highest point at 97.36 EUR. The deviation from the price is +2.49% for the low point and -0.14% for the high point.

94.86

97.36

97.22

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SYMRISE AG INH. O.N. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	92.34	94.63	96.44	97.22	97.24	98.01	99.18
Change (%)	-5.02%	-2.66%	-0.80%	-	+0.02%	+0.81%	+2.02%
Change	-4.88	-2.59	-0.78	-	+0.02	+0.79	+1.96
Level	Intermediate	Major	Intermediate	-	Intermediate	Intermediate	Minor

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	92.02	93.76	94.78	96.52	97.54	99.28	100.30
Camarilla	95.04	95.29	95.55	95.80	96.05	96.31	96.56
Woodie	91.66	93.58	94.42	96.34	97.18	99.10	99.94
Fibonacci	93.76	94.81	95.47	96.52	97.57	98.23	99.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.98	88.16	92.34	96.52	100.70	104.88	109.06
Camarilla	94.22	94.99	95.75	96.52	97.29	98.05	98.82
Woodie	83.98	88.16	92.34	96.52	100.70	104.88	109.06
Fibonacci	88.16	91.35	93.33	96.52	99.71	101.69	104.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.87	90.51	93.66	97.30	100.45	104.09	107.24
Camarilla	94.93	95.56	96.18	96.80	97.42	98.05	98.67
Woodie	86.62	90.39	93.41	97.18	100.20	103.97	106.99
Fibonacci	90.51	93.11	94.71	97.30	99.90	101.50	104.09

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):	56.43
MACD (12,26,9):	0.0200
Directional Movement:	-0.15
AROON (14):	42.86
DEMA (21):	96.71
Parabolic SAR (0,02-0,02-0,2):	94.91
Elder Ray (13):	0.51
Super Trend (3,10):	97.46
Zig ZAG (10):	97.20
VORTEX (21):	0.8900
Stochastique (14,3,5):	82.64
TEMA (21):	96.47
Williams %R (14):	-4.13
Chande Momentum Oscillator (20):	0.46
Repulse (5,40,3):	0.6500
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.17

MA7:	95.92
MA20:	95.97
MA50:	98.00
MA100:	101.93
MAexp7:	96.74
MAexp20:	96.65
MAexp50:	96.30
MAexp100:	95.95
Price / MA7:	+1.36%
Price / MA20:	+1.30%
Price / MA50:	-0.80%
Price / MA100:	-4.62%
Price / MAexp7:	+0.50%
Price / MAexp20:	+0.59%
Price / MAexp50:	+0.96%
Price / MAexp100:	+1.32%

Quotes : - 15 min delayed data - Actions Allemagne

News

The latest news and videos published on SYMRISE AG INH. O.N. at the time of the analysis were as follows: