Londinia Opportunities Analyses - 04/30/2024 (GMT) BIONTECH SE SPON. ADRS 1 - 1H

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	22UA
ISIN:

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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 82.70 EUR

My targets

83.60 EUR (+0.54%)

84.90 EUR (+2.10%)

My analysis

The bullish trend is currently very strong on BIONTECH SE SPON. ADRS 1. As long as the price remains above the support at 82.70 EUR, you could try to benefit from the boom. The first bullish objective is located at 83.60 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 84.90 EUR as an objective. Crossing it would then enable buyers to target 85.98 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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Additional analysis

Quotes

BIONTECH SE SPON. ADRS 1 rating 83.15 EUR. On the day, this instrument lost -0.84% with the lowest point at 82.20 EUR and the highest point at 83.20 EUR. The deviation from the price is +1.16% for the low point and -0.06% for the high point.

82.20

83.20

83.15

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BIONTECH SE SPON. ADRS 1 in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	80.55	82.07	82.70	83.15	83.60	84.90	85.98
Change (%)	-3.13%	-1.30%	-0.54%	-	+0.54%	+2.10%	+3.40%
Change	-2.60	-1.08	-0.45	-	+0.45	+1.75	+2.83
Level	Major	Intermediate	Minor	-	Minor	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.60	80.45	82.15	83.00	84.70	85.55	87.25
Camarilla	83.15	83.38	83.62	83.85	84.08	84.32	84.55
Woodie	80.03	80.66	82.58	83.21	85.13	85.76	87.68
Fibonacci	80.45	81.42	82.03	83.00	83.97	84.58	85.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.47	78.93	80.67	82.13	83.87	85.33	87.07
Camarilla	81.52	81.81	82.11	82.40	82.69	82.99	83.28
Woodie	77.60	79.00	80.80	82.20	84.00	85.40	87.20
Fibonacci	78.93	80.16	80.91	82.13	83.36	84.11	85.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69.17	73.79	79.95	84.57	90.73	95.35	101.51
Camarilla	83.14	84.12	85.11	86.10	87.09	88.08	89.07
Woodie	69.93	74.18	80.71	84.96	91.49	95.74	102.27
Fibonacci	73.79	77.91	80.46	84.57	88.69	91.24	95.35

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):	57.78
MACD (12,26,9):	0.2000
Directional Movement:	8.79
AROON (14):	14.29
DEMA (21):	82.60
Parabolic SAR (0,02-0,02-0,2):	82.20
Elder Ray (13):	0.16
Super Trend (3,10):	81.40
Zig ZAG (10):	83.05
VORTEX (21):	1.0700
Stochastique (14,3,5):	49.67
TEMA (21):	82.70
Williams %R (14):	-37.25
Chande Momentum Oscillator (20):	1.20
Repulse (5,40,3):	0.4800
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	1.76

MA7:	82.51
MA20:	82.17
MA50:	83.91
MA100:	87.95
MAexp7:	82.59
MAexp20:	82.35
MAexp50:	82.11
MAexp100:	82.06
Price / MA7:	+0.78%
Price / MA20:	+1.19%
Price / MA50:	-0.91%
Price / MA100:	-5.46%
Price / MAexp7:	+0.68%
Price / MAexp20:	+0.97%
Price / MAexp50:	+1.27%
Price / MAexp100:	+1.33%

Quotes : - 15 min delayed data - Actions Allemagne