KBC ANCORA - 1H - Technical analysis published on 09/16/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 36.76 EUR
My targets
37.26 EUR (+0.54%)
38.28 EUR (+3.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KBC ANCORA as long as the price remains well above 36.76 EUR. The buyers' bullish objective is set at 37.26 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 38.28 EUR. If there is any crossing, the next objective would be the resistance located at 39.41 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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Additional analysis
Quotes
The KBC ANCORA price is 37.06 EUR. The price registered an increase of +2.89% on the session and was traded between 36.08 EUR and 37.22 EUR over the period. The price is currently at +2.72% from its lowest and -0.43% from its highest.36.08
37.22
37.06
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of KBC ANCORA indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35.36 | 36.34 | 36.76 | 37.06 | 37.26 | 38.28 | 39.41 |
| Change (%) | -4.59% | -1.94% | -0.81% | - | +0.54% | +3.29% | +6.34% |
| Change | -1.70 | -0.72 | -0.30 | - | +0.20 | +1.22 | +2.35 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | 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 | 35.21 | 35.65 | 36.35 | 36.79 | 37.49 | 37.93 | 38.63 |
| Camarilla | 36.75 | 36.85 | 36.96 | 37.06 | 37.17 | 37.27 | 37.37 |
| Woodie | 35.35 | 35.72 | 36.49 | 36.86 | 37.63 | 38.00 | 38.77 |
| Fibonacci | 35.65 | 36.08 | 36.35 | 36.79 | 37.22 | 37.49 | 37.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.49 | 31.65 | 33.53 | 34.69 | 36.57 | 37.73 | 39.61 |
| Camarilla | 34.58 | 34.86 | 35.14 | 35.42 | 35.70 | 35.98 | 36.26 |
| Woodie | 30.86 | 31.83 | 33.90 | 34.87 | 36.94 | 37.91 | 39.98 |
| Fibonacci | 31.65 | 32.81 | 33.53 | 34.69 | 35.85 | 36.57 | 37.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.21 | 28.43 | 30.67 | 33.89 | 36.13 | 39.35 | 41.59 |
| Camarilla | 31.40 | 31.90 | 32.40 | 32.90 | 33.40 | 33.90 | 34.40 |
| Woodie | 24.71 | 28.19 | 30.17 | 33.65 | 35.63 | 39.11 | 41.09 |
| Fibonacci | 28.43 | 30.52 | 31.81 | 33.89 | 35.98 | 37.27 | 39.35 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 66.25 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 16.22 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 36.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.15 | |
| Elder Ray (13): | 0.45 | |
| Super Trend (3,10): | 36.39 | |
| Zig ZAG (10): | 37.06 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 96.39 | |
| TEMA (21): | 36.94 | |
| Williams %R (14): | -9.52 | |
| Chande Momentum Oscillator (20): | 1.28 | |
| Repulse (5,40,3): | 0.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 5.21 |
| MA7: | 35.54 | |
| MA20: | 33.88 | |
| MA50: | 34.17 | |
| MA100: | 34.65 | |
| MAexp7: | 36.87 | |
| MAexp20: | 36.51 | |
| MAexp50: | 35.88 | |
| MAexp100: | 35.15 | |
| Price / MA7: | +4.28% | |
| Price / MA20: | +9.39% | |
| Price / MA50: | +8.46% | |
| Price / MA100: | +6.96% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +1.51% | |
| Price / MAexp50: | +3.29% | |
| Price / MAexp100: | +5.43% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on KBC ANCORA at the time of the generation of this analysis was as follows:
- Update on share repurchase program KBC Ancora until 02 September 2022
- Announcement of the total number of voting rights as at 31 August 2022
- Update on share repurchase program KBC Ancora until 8 July 2022
- Announcement of the total number of voting rights as at 30 June 2022
- Confirmation of the dividend policy, in combination with the intention to proceed with a share repurchase for an amount of 50 million euros
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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