HOCHTIEF AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	HOT
ISIN:	DE0006070006

HOCHTIEF AG - Daily - Technical analysis published on 09/18/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

28%

22%

50%

My opinion

Bullish above 90.35 EUR

My targets

102.52 EUR (+4.98%)

110.95 EUR (+13.62%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HOCHTIEF AG as long as the price remains well above 90.35 EUR. The buyers' bullish objective is set at 102.52 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 110.95 EUR. If there is any crossing, the next objective would be the resistance located at 120.80 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.2

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

The HOCHTIEF AG price is 97.65 EUR. The price registered a decrease of -0.10% on the session with the lowest point at 97.60 EUR and the highest point at 98.65 EUR. The deviation from the price is +0.05% for the low point and -1.01% for the high point.

97.60

98.65

97.65

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 HOCHTIEF AG:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of HOCHTIEF AG in Daily shows a strongly overall bullish trend. 85.71% 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. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 9 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	77.22	81.43	90.35	97.65	98.65	110.95	120.80
Change (%)	-20.92%	-16.61%	-7.48%	-	+1.02%	+13.62%	+23.71%
Change	-20.43	-16.22	-7.30	-	+1.00	+13.30	+23.15
Level	Major	Major	Intermediate	-	Major	Intermediate	Minor

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	94.50	96.05	96.90	98.45	99.30	100.85	101.70
Camarilla	97.09	97.31	97.53	97.75	97.97	98.19	98.41
Woodie	94.15	95.88	96.55	98.28	98.95	100.68	101.35
Fibonacci	96.05	96.97	97.53	98.45	99.37	99.93	100.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	92.50	94.85	96.30	98.65	100.10	102.45	103.90
Camarilla	96.71	97.05	97.40	97.75	98.10	98.45	98.80
Woodie	92.05	94.63	95.85	98.43	99.65	102.23	103.45
Fibonacci	94.85	96.30	97.20	98.65	100.10	101.00	102.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.62	83.48	91.07	94.93	102.52	106.38	113.97
Camarilla	95.50	96.55	97.60	98.65	99.70	100.75	101.80
Woodie	81.48	84.41	92.93	95.86	104.38	107.31	115.83
Fibonacci	83.48	87.86	90.56	94.93	99.31	102.01	106.38

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):	57.13
MACD (12,26,9):	2.0700
Directional Movement:	2.27
AROON (14):	21.43
DEMA (21):	100.29
Parabolic SAR (0,02-0,02-0,2):	96.23
Elder Ray (13):	-0.05
Super Trend (3,10):	94.56
Zig ZAG (10):	97.80
VORTEX (21):	1.1100
Stochastique (14,3,5):	57.00
TEMA (21):	99.68
Williams %R (14):	-53.78
Chande Momentum Oscillator (20):	-0.85
Repulse (5,40,3):	-1.3500
ROCnROLL:	-1
TRIX (15,9):	0.4100
Courbe Coppock:	4.83

MA7:	99.16
MA20:	97.86
MA50:	91.19
MA100:	84.70
MAexp7:	98.52
MAexp20:	97.20
MAexp50:	92.28
MAexp100:	85.70
Price / MA7:	-1.52%
Price / MA20:	-0.21%
Price / MA50:	+7.08%
Price / MA100:	+15.29%
Price / MAexp7:	-0.88%
Price / MAexp20:	+0.46%
Price / MAexp50:	+5.82%
Price / MAexp100:	+13.94%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on HOCHTIEF AG at the time of the generation of this analysis was as follows:

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

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