Londinia Opportunities Analyses - 06/08/2023 (GMT) BURCKHARDT N - 1H

BURCKHARDT N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Type: Stocks
Ticker: BCHN
ISIN: CH0025536027

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 bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 536.3330 CHF
My targets
521.0000 CHF (-2.07%)
510.2000 CHF (-4.10%)
My analysis
The bearish trend is currently very strong for BURCKHARDT N. As long as the price remains below the resistance at 536.3330 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 521.0000 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 510.2000 CHF as an objective. Crossing it would then enable sellers to target 480.0000 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8

Analysis too old. There are no more charts available.

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

BURCKHARDT N rating 532.0000 CHF. On the day, this instrument gained +0.00% and was traded between 532.0000 CHF and 533.0000 CHF over the period. The price is currently at 0% from its lowest and -0.19% from its highest.

532.0000
533.0000
532.0000

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



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 result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of BURCKHARDT N in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 510.2000 521.0000 530.0000 532.0000 536.3330 557.2220 564.0000
Change (%) -4.10% -2.07% -0.38% - +0.81% +4.74% +6.02%
Change -21.8000 -11.0000 -2.0000 - +4.3330 +25.2220 +32.0000
Level Intermediate Intermediate Major - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard519.6667525.3333528.6667534.3333537.6667543.3333546.6667
Camarilla529.5250530.3500531.1750532.0000532.8250533.6500534.4750
Woodie518.5000524.7500527.5000533.7500536.5000542.7500545.5000
Fibonacci525.3333528.7713530.8953534.3333537.7713539.8953543.3333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard498.6667515.3333530.6667547.3333562.6667579.3333594.6667
Camarilla537.2000540.1333543.0667546.0000548.9333551.8667554.8000
Woodie498.0000515.0000530.0000547.0000562.0000579.0000594.0000
Fibonacci515.3333527.5573535.1093547.3333559.5573567.1093579.3333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard484.0000509.0000533.0000558.0000582.0000607.0000631.0000
Camarilla543.5250548.0167552.5083557.0000561.4917565.9833570.4750
Woodie483.5000508.7500532.5000557.7500581.5000606.7500630.5000
Fibonacci509.0000527.7180539.2820558.0000576.7180588.2820607.0000

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 37.40
MACD (12,26,9): -2.2121
Directional Movement: -19.6717
AROON (14): 42.8571
DEMA (21): 533.9133
Parabolic SAR (0,02-0,02-0,2): 545.8263
Elder Ray (13): -3.7895
Super Trend (3,10): 543.4780
Zig ZAG (10): 532.0000
VORTEX (21): 0.8585
Stochastique (14,3,5): 31.67
TEMA (21): 533.8312
Williams %R (14): -80.00
Chande Momentum Oscillator (20): -2.0000
Repulse (5,40,3): -0.2669
ROCnROLL: 2
TRIX (15,9): -0.0571
Courbe Coppock: 0.51
MA7: 544.2857
MA20: 550.7500
MA50: 550.8200
MA100: 556.9900
MAexp7: 534.6750
MAexp20: 536.9020
MAexp50: 541.1016
MAexp100: 545.2239
Price / MA7: -2.26%
Price / MA20: -3.40%
Price / MA50: -3.42%
Price / MA100: -4.49%
Price / MAexp7: -0.50%
Price / MAexp20: -0.91%
Price / MAexp50: -1.68%
Price / MAexp100: -2.43%

Quotes : - 15 min delayed data - Actions Suisse SWX