TKH GROUP

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TWEKA
ISIN:	NL0000852523

TKH GROUP - Daily - Technical analysis published on 05/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 39.23 EUR

My targets

42.83 EUR (+3.30%)

44.50 EUR (+7.33%)

My analysis

TKH GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 39.23 EUR. The next resistance located at 42.83 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 44.50 EUR. After this resistance, buyers could then target 46.54 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TKH GROUP rating 41.46 EUR. The price has increased by +0.53% since the last closing with the lowest point at 41.26 EUR and the highest point at 41.72 EUR. The deviation from the price is +0.48% for the low point and -0.62% for the high point.

41.26

41.72

41.46

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TKH GROUP:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TKH GROUP 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.41	37.75	39.23	41.46	42.83	44.50	46.54
Change (%)	-17.00%	-8.95%	-5.38%	-	+3.30%	+7.33%	+12.25%
Change	-7.05	-3.71	-2.23	-	+1.37	+3.04	+5.08
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Intermediate

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	40.50	40.72	40.98	41.20	41.46	41.68	41.94
Camarilla	41.11	41.15	41.20	41.24	41.28	41.33	41.37
Woodie	40.52	40.73	41.00	41.21	41.48	41.69	41.96
Fibonacci	40.72	40.90	41.02	41.20	41.38	41.50	41.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.97	38.61	39.91	40.55	41.85	42.49	43.79
Camarilla	40.67	40.84	41.02	41.20	41.38	41.56	41.73
Woodie	38.29	38.78	40.23	40.72	42.17	42.66	44.11
Fibonacci	38.61	39.35	39.81	40.55	41.29	41.75	42.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.30	34.88	36.87	38.45	40.44	42.02	44.01
Camarilla	37.89	38.22	38.54	38.87	39.20	39.53	39.85
Woodie	33.52	34.98	37.09	38.55	40.66	42.12	44.23
Fibonacci	34.88	36.24	37.08	38.45	39.81	40.65	42.02

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):	71.60
MACD (12,26,9):	0.8000
Directional Movement:	9.15
AROON (14):	78.57
DEMA (21):	40.75
Parabolic SAR (0,02-0,02-0,2):	38.93
Elder Ray (13):	1.29
Super Trend (3,10):	39.20
Zig ZAG (10):	41.42
VORTEX (21):	1.1200
Stochastique (14,3,5):	96.99
TEMA (21):	41.07
Williams %R (14):	-5.20
Chande Momentum Oscillator (20):	3.18
Repulse (5,40,3):	1.6000
ROCnROLL:	1
TRIX (15,9):	0.2300
Courbe Coppock:	11.12

MA7:	40.59
MA20:	39.44
MA50:	38.20
MA100:	37.13
MAexp7:	40.74
MAexp20:	39.78
MAexp50:	38.63
MAexp100:	37.92
Price / MA7:	+2.14%
Price / MA20:	+5.12%
Price / MA50:	+8.53%
Price / MA100:	+11.66%
Price / MAexp7:	+1.77%
Price / MAexp20:	+4.22%
Price / MAexp50:	+7.33%
Price / MAexp100:	+9.34%

Quotes : - 15 min delayed data - Euronext Amsterdam

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

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