THE KRAFT HEINZ CO. - 15 min. - Technical analysis published on 01/20/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 32.27 USD
My targets
32.69 USD (+0.72%)
33.01 USD (+1.73%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THE KRAFT HEINZ CO. as long as the price remains well above 32.27 USD. The buyers” bullish objective is set at 32.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.01 USD. If there is any crossing, the next objective would be the resistance located at 33.43 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6
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This analysis was given by sp3gibbs. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE KRAFT HEINZ CO. price is 32.45 USD. The price registered an increase of +0.28% on the session and was traded between 32.17 USD and 32.65 USD over the period. The price is currently at +0.87% from its lowest and -0.61% from its highest.32.17
32.65
32.45
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this THE KRAFT HEINZ CO. chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being 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, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.51 | 31.82 | 32.41 | 32.45 | 33.01 | 33.97 | 34.61 |
| Change (%) | -5.98% | -1.94% | -0.12% | - | +1.73% | +4.68% | +6.66% |
| Change | -1.94 | -0.63 | -0.04 | - | +0.56 | +1.52 | +2.16 |
| Level | Intermediate | Intermediate | 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 | 31.21 | 31.53 | 31.95 | 32.27 | 32.69 | 33.01 | 33.43 |
| Camarilla | 32.16 | 32.22 | 32.29 | 32.36 | 32.43 | 32.50 | 32.56 |
| Woodie | 31.25 | 31.55 | 31.99 | 32.29 | 32.73 | 33.03 | 33.47 |
| Fibonacci | 31.53 | 31.81 | 31.99 | 32.27 | 32.55 | 32.73 | 33.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.11 | 30.35 | 31.17 | 32.42 | 33.24 | 34.48 | 35.30 |
| Camarilla | 31.42 | 31.61 | 31.80 | 31.99 | 32.18 | 32.37 | 32.56 |
| Woodie | 28.89 | 30.25 | 30.96 | 32.31 | 33.02 | 34.38 | 35.09 |
| Fibonacci | 30.35 | 31.14 | 31.63 | 32.42 | 33.21 | 33.70 | 34.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.48 | 31.61 | 33.14 | 34.27 | 35.80 | 36.93 | 38.46 |
| Camarilla | 33.93 | 34.17 | 34.42 | 34.66 | 34.90 | 35.15 | 35.39 |
| Woodie | 30.67 | 31.71 | 33.33 | 34.37 | 35.99 | 37.03 | 38.65 |
| Fibonacci | 31.61 | 32.63 | 33.26 | 34.27 | 35.29 | 35.92 | 36.93 |
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): | 54.45 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 9.22 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 32.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.27 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 32.18 | |
| Zig ZAG (10): | 32.51 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 71.65 | |
| TEMA (21): | 32.52 | |
| Williams %R (14): | -31.25 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.09 |
| MA7: | 32.27 | |
| MA20: | 33.66 | |
| MA50: | 33.21 | |
| MA100: | 32.31 | |
| MAexp7: | 32.43 | |
| MAexp20: | 32.41 | |
| MAexp50: | 32.29 | |
| MAexp100: | 32.28 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | -3.59% | |
| Price / MA50: | -2.29% | |
| Price / MA100: | +0.43% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | +0.53% |
Quotes :
2021-01-20 16:57:06
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on THE KRAFT HEINZ CO. at the time of the analysis were as follows:
- The Kraft Heinz Company to Report Fourth Quarter and Full Year 2020 Results on February 11, 2021; Leadership to Present at 2021 CAGNY Conference on February 16, 2021
- Kraft Mac & Cheese Developing and Testing Its First Recyclable Fiber-Based Microwavable Cup
- Lunchables Is Covering the Cost of Groceries Plus Instacart Grocery Delivery for a Year as Part of New Rewards Program
- The Kraft Heinz Company Commences Exchange Offer
- Refrigerated Pickles Pioneer Claussen Celebrates 150 Years
This member declared not having a position on this financial instrument or a related financial instrument.
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