RWE AG INH O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RWE
ISIN:	DE0007037129

RWE AG INH O.N. - 1H - Technical analysis published on 06/29/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

33%

50%

17%

My opinion

Neutral between 39.77 EUR and 40.43 EUR

My targets

My analysis

The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 40.43 EUR. The first support is located at 39.77 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by RWE AG INH O.N..

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 RWE AG INH O.N. price is 39.98 EUR. The price is lower by -0.23% since the last closing and was traded between 39.78 EUR and 40.22 EUR over the period. The price is currently at +0.50% from its lowest and -0.60% from its highest.

39.78

40.22

39.98

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RWE AG INH O.N.:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of RWE AG INH O.N. in 1H shows an overall slightly bearish trend. 46.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 3 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.99	39.50	39.77	39.98	40.04	40.43	40.66
Change (%)	-2.48%	-1.20%	-0.53%	-	+0.15%	+1.13%	+1.70%
Change	-0.99	-0.48	-0.21	-	+0.06	+0.45	+0.68
Level	Major	Major	Minor	-	Minor	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	39.39	39.57	39.82	40.00	40.25	40.43	40.68
Camarilla	39.95	39.99	40.03	40.07	40.11	40.15	40.19
Woodie	39.43	39.59	39.86	40.02	40.29	40.45	40.72
Fibonacci	39.57	39.73	39.84	40.00	40.16	40.27	40.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.31	38.96	39.35	40.00	40.39	41.04	41.43
Camarilla	39.44	39.54	39.64	39.73	39.83	39.92	40.02
Woodie	38.17	38.90	39.21	39.94	40.25	40.98	41.29
Fibonacci	38.96	39.36	39.61	40.00	40.40	40.65	41.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.82	35.61	37.36	40.15	41.90	44.69	46.44
Camarilla	37.87	38.29	38.70	39.12	39.54	39.95	40.37
Woodie	32.31	35.35	36.85	39.89	41.39	44.43	45.93
Fibonacci	35.61	37.34	38.41	40.15	41.88	42.95	44.69

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):	47.94
MACD (12,26,9):	0.0300
Directional Movement:	-9.28
AROON (14):	57.14
DEMA (21):	40.00
Parabolic SAR (0,02-0,02-0,2):	40.21
Elder Ray (13):	-0.11
Super Trend (3,10):	40.16
Zig ZAG (10):	39.92
VORTEX (21):	1.0800
Stochastique (14,3,5):	41.84
TEMA (21):	40.06
Williams %R (14):	-63.83
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	-0.0900
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	1.01

MA7:	39.96
MA20:	39.78
MA50:	40.40
MA100:	39.51
MAexp7:	40.00
MAexp20:	39.97
MAexp50:	39.98
MAexp100:	39.97
Price / MA7:	+0.05%
Price / MA20:	+0.50%
Price / MA50:	-1.04%
Price / MA100:	+1.19%
Price / MAexp7:	-0.05%
Price / MAexp20:	+0.03%
Price / MAexp50:	-0%
Price / MAexp100:	+0.03%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on RWE AG INH O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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