FREENET AG NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FNTN
ISIN:	DE000A0Z2ZZ5

FREENET AG NA O.N. - Daily - Technical analysis published on 12/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 24.64 EUR

My targets

26.78 EUR (+3.48%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FREENET AG NA O.N. as long as the price remains well above 24.64 EUR. The buyers' bullish objective is set at 26.78 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.9

Comment on the analysis

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.

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Additional analysis

Quotes

The FREENET AG NA O.N. rating is 25.88 EUR. On the day, this instrument gained +1.25% and was between 25.54 EUR and 25.88 EUR. This implies that the price is at +1.33% from its lowest and at 0% from its highest.

25.54

25.88

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

Bullish opening

Type : Bullish

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 HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FREENET AG NA O.N. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	23.50	24.64	25.50	25.88	26.78
Change (%)	-9.20%	-4.79%	-1.47%	-	+3.48%
Change	-2.38	-1.24	-0.38	-	+0.90
Level	Major	Major	Intermediate	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.79	25.13	25.35	25.69	25.91	26.25	26.47
Camarilla	25.41	25.46	25.51	25.56	25.61	25.66	25.71
Woodie	24.72	25.10	25.28	25.66	25.84	26.22	26.40
Fibonacci	25.13	25.35	25.48	25.69	25.91	26.04	26.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.57	24.89	25.55	25.87	26.53	26.85	27.51
Camarilla	25.93	26.02	26.11	26.20	26.29	26.38	26.47
Woodie	24.73	24.98	25.71	25.96	26.69	26.94	27.67
Fibonacci	24.89	25.27	25.50	25.87	26.25	26.48	26.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.44	23.16	24.46	25.18	26.48	27.20	28.50
Camarilla	25.21	25.39	25.58	25.76	25.95	26.13	26.32
Woodie	22.73	23.31	24.75	25.33	26.77	27.35	28.79
Fibonacci	23.16	23.93	24.41	25.18	25.95	26.43	27.20

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):	65.07
MACD (12,26,9):	0.4800
Directional Movement:	13.84
AROON (14):	78.57
DEMA (21):	25.94
Parabolic SAR (0,02-0,02-0,2):	25.42
Elder Ray (13):	0.18
Super Trend (3,10):	25.10
Zig ZAG (10):	25.80
VORTEX (21):	1.1000
Stochastique (14,3,5):	74.19
TEMA (21):	25.96
Williams %R (14):	-25.81
Chande Momentum Oscillator (20):	0.74
Repulse (5,40,3):	1.2200
ROCnROLL:	1
TRIX (15,9):	0.3100
Courbe Coppock:	4.56

MA7:	25.72
MA20:	25.37
MA50:	24.06
MA100:	23.05
MAexp7:	25.71
MAexp20:	25.27
MAexp50:	24.37
MAexp100:	23.61
Price / MA7:	+0.62%
Price / MA20:	+2.01%
Price / MA50:	+7.56%
Price / MA100:	+12.28%
Price / MAexp7:	+0.66%
Price / MAexp20:	+2.41%
Price / MAexp50:	+6.20%
Price / MAexp100:	+9.61%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on FREENET AG NA O.N. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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