DIETEREN GROUP - 1H - Technical analysis published on 07/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 202.6 EUR
My targets
206.9 EUR (+0.63%)
210.8 EUR (+2.53%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on DIETEREN GROUP as long as the price remains well above 202.6 EUR. The buyers' bullish objective is set at 206.9 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 210.8 EUR. If there is any crossing, the next objective would be the resistance located at 215.8 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
5.2
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DIETEREN GROUP rating 205.6 EUR. The price registered an increase of +0.69% on the session and was between 204.4 EUR and 206.2 EUR. This implies that the price is at +0.59% from its lowest and at -0.29% from its highest.204.4
206.2
205.6
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DIETEREN GROUP in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 195.1 | 200.2 | 202.6 | 205.6 | 206.9 | 210.8 | 215.8 |
| Change (%) | -5.11% | -2.63% | -1.46% | - | +0.63% | +2.53% | +4.96% |
| Change | -10.5 | -5.4 | -3.0 | - | +1.3 | +5.2 | +10.2 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 198.6 | 200.6 | 202.4 | 204.4 | 206.2 | 208.2 | 210.0 |
| Camarilla | 203.2 | 203.5 | 203.9 | 204.2 | 204.6 | 204.9 | 205.3 |
| Woodie | 198.5 | 200.6 | 202.3 | 204.4 | 206.1 | 208.2 | 209.9 |
| Fibonacci | 200.6 | 202.1 | 203.0 | 204.4 | 205.9 | 206.8 | 208.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.0 | 191.8 | 199.2 | 205.0 | 212.4 | 218.2 | 225.6 |
| Camarilla | 203.0 | 204.2 | 205.4 | 206.6 | 207.8 | 209.0 | 210.2 |
| Woodie | 186.8 | 192.2 | 200.0 | 205.4 | 213.2 | 218.6 | 226.4 |
| Fibonacci | 191.8 | 196.8 | 200.0 | 205.0 | 210.0 | 213.2 | 218.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.8 | 184.8 | 191.4 | 196.4 | 203.0 | 208.0 | 214.6 |
| Camarilla | 194.9 | 196.0 | 197.0 | 198.1 | 199.2 | 200.2 | 201.3 |
| Woodie | 180.7 | 185.2 | 192.3 | 196.8 | 203.9 | 208.4 | 215.5 |
| Fibonacci | 184.8 | 189.2 | 191.9 | 196.4 | 200.8 | 203.5 | 208.0 |
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): | 51.70 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | 3.8 | |
| AROON (14): | 50.0 | |
| DEMA (21): | 205.0 | |
| Parabolic SAR (0,02-0,02-0,2): | 203.5 | |
| Elder Ray (13): | 0.4 | |
| Super Trend (3,10): | 207.0 | |
| Zig ZAG (10): | 205.6 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 82.50 | |
| TEMA (21): | 205.0 | |
| Williams %R (14): | -21.10 | |
| Chande Momentum Oscillator (20): | 2.2 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 206.3 | |
| MA20: | 199.7 | |
| MA50: | 201.2 | |
| MA100: | 197.3 | |
| MAexp7: | 205.4 | |
| MAexp20: | 205.2 | |
| MAexp50: | 205.1 | |
| MAexp100: | 203.5 | |
| Price / MA7: | -0.34% | |
| Price / MA20: | +2.95% | |
| Price / MA50: | +2.19% | |
| Price / MA100: | +4.21% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +1.03% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The latest news and videos published on DIETEREN GROUP at the time of the analysis were as follows:
- D'Ieteren and Clayton, Dubilier & Rice Enter Exclusive Discussions Regarding Partnership Investment in Belron
-
D'Ieteren
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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