BAYN/N trade ideas
Bayer breaks mult-year trend resistanceThe Supreme Court has asked the Biden administration to comment on the RoundUp weed killer case before it. Bayer execs see this as an indication that the court is taking an interest in it, and appear hopeful that the glyphosate litigation can finally be put to rest without adding to the already staggering cost to the company. The 2018 acquisition of Monsanto, which put Bayer on the hook for the RoundUp product liability claims was (at least so far) devastating for Bayer shares, which remain 60% off their 2015 (!) peak.
The global seed and agricultural chemicals industry has undergone significant consolidation over the last decade, with Bayer absorbing Monsanto, Dow and Du Pont combining their agribusinesses into Corteva, Syngenta getting bought by ChemChina, and Potash and Agrium combining to form Nutrien.
Ultimately, this more concentrated supply should lead to better margins for the remaining competitors, especially in a world where climate change, rising population, and increasingly depleted soils will challenge global food supply.
I will be adding to BAYRY from here. This will be a strategic long-term holding. Since I don't anticipate selling in the next few years, I won't attempt to put a price target on it.
Bayer broadening wedgeAttempt to break the upper resistance of the broadening wedge. Target of the W pattern is reached. A pullback can be expected.
Bayer AG (BAYN.de) bullish scenario:The technical figure Channel Down can be found in the German company Bayer AG (BAYN.de) at daily chart. Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. The Channel Down has broken through the resistance line on 12/01/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 49 days towards 54.270 EUR. Your stop loss order according to experts should be placed at 43.905 EUR if you decide to enter this position.
Bayer AG on Monday struck a partnership deal with Mammoth Biosciences to develop therapeutic tools based on CRISPR/CAS9 gene editing as the German drug maker seeks to widen its cell and gene therapy development efforts.
Unlisted U.S. biotech firm Mammoth will initially receive $40 million from Bayer plus potential milestone payments of more than $1 billion contingent on scientific and commercial achievements.
The initial focus of the collaboration will be liver-based diseases, the companies said in a joint statement on Monday.
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Bayer AG - another chance to reverse a 4 year long bearish trendDaily:
- Ichimoku setup is neautral, with some bullish bias. Price attempts a bullish cloud breakout, which in case of a success would mean a break of the long term bearish trendline too.
- HA price action and indicators are positive
- EWO is picking up
Weekly:
- Ichimoku setup is turning to neutral from bearish. Price trades above weekly Kijun (26 weeks average)
- A possible higher low print in Dec/2021.
- Upper key levels to confirm a bullish trend reversal is around 51,15.
- Weekly EWO is still negative
This stock still has to do some hard work to reverse, but it must be put on your watchlist. In case it decisively broke out and reversed the trend, it would have a decebt upside target to around 80.
Long BAYER - Trading & Portfolio To evaluate XETR:BAYN share in the short term, it is necessary to make a premise on the weekly chart.
The trend is bearish from 2015 until today, the stock has gone from just over 140 in the spring of 2015, to just under 40 in October 2020; today XETR:BAYN is around 47.
In the weekly chart you can see several recurrences:
1) Bullish divergences between prices and indicators (February 2016 - September 2016 and December 2018 - May 2019) with subsequent price rebound of about 30-35% from the breaking of the trendline.
2) Failure of new relative highs (post bullish divergences) both in 2017 and in the V-shaped rebound occurred post lockdown Covid-19 in 2020.
In the last weeks, prices are approaching the bearish trendline , after having marked a double relative low in the 44 area, without reaching the previous low in the 40 area.
Given these premises, the daily chart has created several interesting movements from August 2021 until today. First of all, I point out the bullish divergence of the August-September 2021 period, which was followed by a rebound in the price of XETR:BAYN from 45 to 51 (approximately + 13%), a rebound that was "perfectly" interrupted on the trendline of the weekly chart. Subsequently, the price fell again, marking new relative lows in area 44, and then building an interesting LONG entry in the last month.
In detail, I personally noticed the following patterns:
1) Tweezer Bottom Pattern created by the lower shadows of the 2 candles indicated in the circle, the second candle is also a Southern Doji (without body); this corroborates the reversal potential.
2) Cup & Handle (forced) as the second corner is very wide, and is more like a double low. However, overall the pattern indicates further reversal potential; as the price did not hit new lows below 44.
3) Currently the price is inside the resistance zone created by the previous gap. That zone was breached intraday, but not with daily candles, so in my view it is somewhat intact but less "strong".
Given these analyzes, several LONG strategies could be constructed.
In the short term (very short), a strategy could be set up with the following values:
- Entry price: 47.00 (current value)
- Stop Loss: 45.70 (approximately -2.7%) -> value taken from the last gap
- Target Price: 51.00 (approximately + 8.5%) -> value chosen for the relative maximum of November 2021
If XETR:BAYN stock will reach the value of 50.00, it could be considered to modify the stop loss by bringing it above the entry price, allowing any gains to run.
From a short/medium term perspective, a strategy could be set up with the following values:
- Entry price: 47.00 (current value)
- Stop Loss: 43.50 (approximately -7.5%) -> value below the last relative minimum of 44
- Target Price: 57.00 (approximately + 21%) -> value chosen for the relative maximum of May 2021
If XETR:BAYN stock will reach the value of 54.00 (Gap still open), it could be considered to modify the stop loss, bringing it to the 51.00 area and letting any gains run.
In a long-term and portfolio construction perspective, the holding of XETR:BAYN could be evaluated, given the following considerations.
COMPANY DESCRIPTION
Bayer operates in the pharmaceutical chemical sector in businesses related to the improvement of the quality of life. The first sector is the pharmaceutical and the second is the agricultural, through which it supplies products that improve the quality of food. Bayer consolidates 420 companies in over 90 countries with a total of 117,000 employees. The company is very active in portfolio rationalization operations. The last significant acquisition implemented in 2018 was that of Monsanto, financed with a capital increase of EUR6bn.
Geographically, Bayer achieved 35.7% of turnover in Europe, the Middle East and Africa, 29.2% in North America, 20.5% in Asia and 14.6% in Latin America.
FUNDAMENTAL ANALYSIS
Corporate business recovering in 2021 after 2020 affected by the pandemic. After a first half year with growing turnover and better profitability (EBIT returned to positive and net loss reduced to EUR 246 million from 8 billion in 1H20), the third quarter also improved in terms of sales (+ 14.3%) and profitability. Net profit of EUR 85 million against a loss of EUR 2.7 billion in the corresponding period of the previous year.
The good results prompted the management to improve again the forecast for 2021: turnover at EUR 44 billion and EPS in the range of EUR 6.5-6.7 vs respectively 43 billion and EUR 6.4-6.6 range estimated in August .
No new extraordinary costs have been allocated related to the dispute with the US Supreme Court in relation to the Roundup affair (herbicide based on glyphosate considered carcinogenic), denoting how Bayer, after the compensation plans proposed in recent years, is now more confident for a favorable sentence , expected by 2022.
In this long-term context, the position is to be considered without stop loss and any entry and exit prices will be evaluated in the future, based on how the stock will behave in the coming weeks; as XETR:BAYN stock is part of the pharmaceutical sector and is therefore a "defensive" stock.
Dr. Cunti Mattia, CFTe®, EFA
** WARNING **
The content of the analysis just carried out is the result of personal opinions and does not constitute a solicitation to buy or sell any financial instrument.
These views therefore do not constitute advice or a recommendation to invest or disinvest.
The analyzes are for informational purposes only, and do not constitute personalized advice, as the writer does not know the personal characteristics of any of the readers, especially income flows, ability to bear losses, equity consistency.
nice rejection off fib. must take 47.46 soon to continue upI like the exhaustion this morning at the fib line. Confluence also with pitchfork trendline. Critical to move over 47.46 soon to continue uptrend.
Bayer Swing TradeHello, as im slowly going from crypto to stock Trading here´s a random Stock Play.
30-35eur Zone is historic Support zone and also the support from the downward channel.
Im not shorting it but will Swing trade from ~33 to 55.
Pretty confident in this setup as 2 Supprts cross each other at 33eur Range, that is one of my favorite setups when trading.
Dyor and im propably recommending to also use sl as im not fundamentally confident in Bayer in the long term.
This is purely TA, i didnt research Bayer fundamentals, just you know.
Bayer AG attempts a multi year bearish trend line breakOn daily time frame (left panel) the Ichimoku setup has turned absolutely Bullish. What's more, on back of another better than expected earnings reported today, the price action gave a buy signal and price started to attack a very long term trend line.
Funadmenytally all bad news had been discounted into price including Monsanto story, provisionings, etc., meanwhile the company has been delivering better results, beating analyst forecasts.
Looking at the weekly it has some more job to do technically, but once it establishes a long term uptrend, it will give us an extremely great upside.
From now on the recommendation is accumulate, and hold.
BAYN: Long (end of cycle + support)Hello everyone!!!
Bayer AG at the channel support. There is hope for the end of the bearish trend that began in 2015.
Additionally, according to the cyclical analysis, we can see the completion of a cycle of 1610 days (or 230 weeks, or 4.5 years). The cycle was repeated 7 times: of which 5 times there was an increase in the share price and 2 times - a fall. Therefore, this time too, we can expect the price to rise at least to the slope and horizontal resistance lines - about € 79 or 70% = take profit.
My stop loss is set at € 42.610 (about -12% and 3% below the last local low).
As for the indicators, the background is bullish. However, there was a huge bullish gap in 1996 and it has not been closed until now ....
I plan to increase my position using the pyramiding method.
Not a recommendation, not advice.
I wish everyone a lot of profit !!
PS
Bayer AG - is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Headquartered in Leverkusen, Bayer's areas of business include human and veterinary pharmaceuticals; consumer healthcare products; agricultural chemicals, seeds and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. Werner Baumann has been CEO since 2016.
Founded in Barmen in 1863 as a dyestuffs factory, Bayer's first and best-known product was aspirin.
en.wikipedia.org
End of Correction move up into WAVE 1Looks like we finished the correction and will move up to WAVE 1.
I set my TP to the last WAVE 4 as a potential double top.
WAVE count + FIBs in combination with a strong bullish divergence on 1D, 4H and 1H gimme a good confluence.
What are your thoughts?
Buying Bayer is not a good ideaBayer broke throu resitance and may now target down lower.
A stabilization of this stock is not in sight.
An investment is currently not reasonable
Bayer Long - Bounce from support line I am expecting Bayer Ag to bounce from support line and from lower Bollinger band.
Price target 75+ i.e. long term resistance line.
buyer powerfull buy signalour target is 80$
put buystop on high,if trend break ,bayer must see fibo 61% 60$
in our idea buy it and hold longterm min 6month
Bayer - bullishThis is an update of the charted idea posted on March 13, 2021. The bullish crossover of the 50MA coming up above the 200MA has now happened. The price remains above the green Ichimoku cloud (positive). The Heikin Achi candlestick are small with long wicks on either side, indicating some indecision regarding direction. This could still go on for a while. In the short term, based on the positive sentiment but with the lack of momentum behind it, price could make a swing lower and then break the higher resistance zone (red box). Possible target shown in blue. Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer hasn't had the easiest of times, with the price in decline since all time highs in 2015. Keen to know what others think. Please leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
BAYAN Wait for bulls to showCurrent situation on BAYN is telling us that we might see some bullish move to the upside, bcs we met extreme demand zone. Watif for bulls to prove demand intent (sos in wyckoff accumulation as BOS and look for long entries.)
Bayer pharmaceutical stock long term buy opportunityBayer stock is a life science company trading on the German stock exchanges with the symbol BAYN. The Company’s segments are Pharmaceuticals, Consumer Health, Crop Science and Animal Health. The Pharmaceuticals segment focuses on researching, developing and marketing prescription products and speciality therapeutics, especially in the areas of cardiology, oncology, gynaecology, haematology and ophthalmology, as well as radio-pharmacology and others. The Consumer Health segment develops, produces and markets nonprescription over-the-counter.
Bayer AG stock is a German company trading in the German Stock Exchange. It is one of the biggest and most important pharmaceutical companies in the world. I doubt that you’ve never heard from Bayer AG, because its products range from the famous Aspirin to even “more popular” Viagra 🙂 Now, I believe you are probably smiling and remembering this company 🙂 Before starting to write this blog post on Bayer, I googled the company name to try and find some extra information I could add, that would either support or negate the strong rally we are expecting on this particular pharmaceutical German stock.
Bayer - neutral for now with bullish potentialBayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer hasn't had the easiest of times, with the price in decline since all time highs in 2015. Contributing factors to the price decline could be the Monsanto acquisition of 2016. In near-term, the RSI is bullish (>50) on the daily chart, and is looks like the 50-day MA will soon move above the 200-day MA. This crossover, when it happens, is considered bullish. Keen to know what others think. Please leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
