AIR FRANCE -KLM - Daily - Technical analysis published on 04/08/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 10.774 EUR
My targets
9.525 EUR (-3.22%)
My analysis
With a strongly bearish trend, the price of AIR FRANCE -KLM is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 10.774 EUR remains possible. It would be possible for traders to only trade short positions (for sale) on AIR FRANCE -KLM as long as the price remains well below 10.774 EUR. The next bearish objective for sellers is set at 9.525 EUR. A bearish break of this support would revive the bearish momentum.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AIR FRANCE -KLM price is 9.842 EUR. The price has increased by +2.78% since the last closing with the lowest point at 9.602 EUR and the highest point at 9.872 EUR. The deviation from the price is +2.50% for the low point and -0.30% for the high point.9.602
9.872
9.842
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 this Daily chart of AIR FRANCE -KLM indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 9.525 | 9.842 | 10.774 | 11.440 | 12.642 |
| Change (%) | -3.22% | - | +9.47% | +16.24% | +28.45% |
| Change | -0.317 | - | +0.932 | +1.598 | +2.800 |
| Level | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.413 | 9.487 | 9.531 | 9.605 | 9.649 | 9.723 | 9.767 |
| Camarilla | 9.544 | 9.554 | 9.565 | 9.576 | 9.587 | 9.598 | 9.609 |
| Woodie | 9.399 | 9.480 | 9.517 | 9.598 | 9.635 | 9.716 | 9.753 |
| Fibonacci | 9.487 | 9.532 | 9.560 | 9.605 | 9.650 | 9.678 | 9.723 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.444 | 8.960 | 9.268 | 9.784 | 10.092 | 10.608 | 10.916 |
| Camarilla | 9.349 | 9.425 | 9.501 | 9.576 | 9.652 | 9.727 | 9.803 |
| Woodie | 8.340 | 8.908 | 9.164 | 9.732 | 9.988 | 10.556 | 10.812 |
| Fibonacci | 8.960 | 9.275 | 9.469 | 9.784 | 10.099 | 10.293 | 10.608 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.310 | 8.843 | 9.585 | 10.118 | 10.860 | 11.393 | 12.135 |
| Camarilla | 9.975 | 10.092 | 10.209 | 10.326 | 10.443 | 10.560 | 10.677 |
| Woodie | 8.414 | 8.895 | 9.689 | 10.170 | 10.964 | 11.445 | 12.239 |
| Fibonacci | 8.843 | 9.330 | 9.631 | 10.118 | 10.605 | 10.906 | 11.393 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.82 | |
| MACD (12,26,9): | -0.2090 | |
| Directional Movement: | -5.239 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 9.636 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.340 | |
| Elder Ray (13): | -0.135 | |
| Super Trend (3,10): | 10.423 | |
| Zig ZAG (10): | 9.846 | |
| VORTEX (21): | 0.9430 | |
| Stochastique (14,3,5): | 37.66 | |
| TEMA (21): | 9.771 | |
| Williams %R (14): | -53.69 | |
| Chande Momentum Oscillator (20): | 0.338 | |
| Repulse (5,40,3): | 3.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3840 | |
| Courbe Coppock: | 2.67 |
| MA7: | 9.921 | |
| MA20: | 9.831 | |
| MA50: | 10.640 | |
| MA100: | 11.572 | |
| MAexp7: | 9.836 | |
| MAexp20: | 9.963 | |
| MAexp50: | 10.541 | |
| MAexp100: | 11.297 | |
| Price / MA7: | -0.80% | |
| Price / MA20: | +0.11% | |
| Price / MA50: | -7.50% | |
| Price / MA100: | -14.95% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -1.21% | |
| Price / MAexp50: | -6.63% | |
| Price / MAexp100: | -12.88% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on AIR FRANCE -KLM. At the time of publication of this analysis, the latest news was as follows:
- HydrogenPro Partner, DG Fuels announces strategic cooperation with Air France- KLM
- Declaration of number of voting rights
- Q2 2023 Financial Results
- Declaration of number of voting rights
- Declaration of transactions in own shares completed on June 20th, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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