FREENET AG NA O.N. - 1H - Technical analysis published on 01/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 25.51 EUR
My targets
26.00 EUR (+0.54%)
26.20 EUR (+1.31%)
My analysis
The basic bullish trend is very strong on FREENET AG NA O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 25.51 EUR. Crossing the first resistance at 26.00 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 26.20 EUR as an objective. Crossing it would then enable buyers to target 26.78 EUR. Caution, a return to below 25.51 EUR would be a sign of a consolidation phase in the short-term basic trend. 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.
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
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FREENET AG NA O.N. rating 25.86 EUR. The price registered an increase of +0.00% on the session with the lowest point at 25.82 EUR and the highest point at 25.96 EUR. The deviation from the price is +0.15% for the low point and -0.39% for the high point.25.82
25.96
25.86
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FREENET AG NA O.N.:
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FREENET AG NA O.N. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 25.23 | 25.51 | 25.76 | 25.86 | 26.00 | 26.20 | 26.78 |
Change (%) | -2.44% | -1.35% | -0.39% | - | +0.54% | +1.31% | +3.56% |
Change | -0.63 | -0.35 | -0.10 | - | +0.14 | +0.34 | +0.92 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
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 | 25.39 | 25.51 | 25.69 | 25.81 | 25.99 | 26.11 | 26.29 |
Camarilla | 25.78 | 25.81 | 25.83 | 25.86 | 25.89 | 25.92 | 25.94 |
Woodie | 25.41 | 25.53 | 25.71 | 25.83 | 26.01 | 26.13 | 26.31 |
Fibonacci | 25.51 | 25.63 | 25.70 | 25.81 | 25.93 | 26.00 | 26.11 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.41 | 24.75 | 25.31 | 25.65 | 26.21 | 26.55 | 27.11 |
Camarilla | 25.61 | 25.70 | 25.78 | 25.86 | 25.94 | 26.03 | 26.11 |
Woodie | 24.51 | 24.81 | 25.41 | 25.71 | 26.31 | 26.61 | 27.21 |
Fibonacci | 24.75 | 25.10 | 25.31 | 25.65 | 26.00 | 26.21 | 26.55 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 22.99 | 23.81 | 24.57 | 25.39 | 26.15 | 26.97 | 27.73 |
Camarilla | 24.91 | 25.05 | 25.20 | 25.34 | 25.49 | 25.63 | 25.78 |
Woodie | 22.97 | 23.80 | 24.55 | 25.38 | 26.13 | 26.96 | 27.71 |
Fibonacci | 23.81 | 24.41 | 24.78 | 25.39 | 25.99 | 26.36 | 26.97 |
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): | 55.42 | |
MACD (12,26,9): | 0.0400 | |
Directional Movement: | 9.47 | |
AROON (14): | 71.42 | |
DEMA (21): | 25.88 | |
Parabolic SAR (0,02-0,02-0,2): | 25.70 | |
Elder Ray (13): | 0.02 | |
Super Trend (3,10): | 25.93 | |
Zig ZAG (10): | 25.88 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 76.47 | |
TEMA (21): | 25.87 | |
Williams %R (14): | -35.29 | |
Chande Momentum Oscillator (20): | 0.00 | |
Repulse (5,40,3): | 0.2200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0200 | |
Courbe Coppock: | 0.57 |
MA7: | 25.71 | |
MA20: | 25.48 | |
MA50: | 25.37 | |
MA100: | 23.97 | |
MAexp7: | 25.87 | |
MAexp20: | 25.83 | |
MAexp50: | 25.75 | |
MAexp100: | 25.65 | |
Price / MA7: | +0.58% | |
Price / MA20: | +1.49% | |
Price / MA50: | +1.93% | |
Price / MA100: | +7.88% | |
Price / MAexp7: | -0.04% | |
Price / MAexp20: | +0.12% | |
Price / MAexp50: | +0.43% | |
Price / MAexp100: | +0.82% |
Quotes :
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15 min delayed data
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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:
- EQS-News: freenet AG: freenet continues to impress with strong customer growth in IPTV and specifies 2023 guidance
- EQS-News: freenet impresses in the 1st half of 2023: EBITDA, free cash flow and subscribers significantly above prior year
- EQS-News: freenet AG: Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)
- EQS-News: freenet AG: freenet starts the 2023 financial year with a significant increase in EBITDA
- EQS-News: freenet confirms 2022 preliminary results, dividend proposal of 1.68 euros and 2023 guidance
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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