AIR FRANCE -KLM - Daily - Technical analysis published on 12/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 9.960 EUR
My targets
10.780 EUR (+3.11%)
11.867 EUR (+13.51%)
My analysis
The basic bullish trend is very strong on AIR FRANCE -KLM but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 9.960 EUR. Crossing the first resistance at 10.780 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 11.867 EUR as an objective. Crossing it would then enable buyers to target 12.730 EUR. Caution, a return to below 9.960 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AIR FRANCE -KLM rating is 10.455 EUR. On the day, this instrument gained +1.06% and was between 10.390 EUR and 10.630 EUR. This implies that the price is at +0.63% from its lowest and at -1.65% from its highest.10.390
10.630
10.455
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
Here is a more detailed summary of the historical variations registered by AIR FRANCE -KLM:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AIR FRANCE -KLM 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 bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
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:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.414 | 8.767 | 9.960 | 10.455 | 10.780 | 11.867 | 12.730 |
| Change (%) | -19.52% | -16.15% | -4.73% | - | +3.11% | +13.51% | +21.76% |
| Change | -2.041 | -1.688 | -0.495 | - | +0.325 | +1.412 | +2.275 |
| Level | Minor | Major | Major | - | Major | Minor | 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 | 9.937 | 10.038 | 10.192 | 10.293 | 10.447 | 10.548 | 10.702 |
| Camarilla | 10.275 | 10.298 | 10.322 | 10.345 | 10.368 | 10.392 | 10.415 |
| Woodie | 9.963 | 10.051 | 10.218 | 10.306 | 10.473 | 10.561 | 10.728 |
| Fibonacci | 10.038 | 10.136 | 10.196 | 10.293 | 10.391 | 10.451 | 10.548 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.823 | 9.325 | 9.797 | 10.299 | 10.771 | 11.273 | 11.745 |
| Camarilla | 10.002 | 10.091 | 10.181 | 10.270 | 10.359 | 10.449 | 10.538 |
| Woodie | 8.809 | 9.318 | 9.783 | 10.292 | 10.757 | 11.266 | 11.731 |
| Fibonacci | 9.325 | 9.697 | 9.927 | 10.299 | 10.671 | 10.901 | 11.273 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.693 | 9.231 | 9.955 | 10.493 | 11.217 | 11.755 | 12.479 |
| Camarilla | 10.333 | 10.449 | 10.564 | 10.680 | 10.796 | 10.911 | 11.027 |
| Woodie | 8.787 | 9.278 | 10.049 | 10.540 | 11.311 | 11.802 | 12.573 |
| Fibonacci | 9.231 | 9.713 | 10.011 | 10.493 | 10.975 | 11.273 | 11.755 |
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): | 51.63 | |
| MACD (12,26,9): | -0.0080 | |
| Directional Movement: | -4.325 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 10.423 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.937 | |
| Elder Ray (13): | 0.114 | |
| Super Trend (3,10): | 10.011 | |
| Zig ZAG (10): | 10.455 | |
| VORTEX (21): | 1.0270 | |
| Stochastique (14,3,5): | 41.58 | |
| TEMA (21): | 10.329 | |
| Williams %R (14): | -47.76 | |
| Chande Momentum Oscillator (20): | -0.410 | |
| Repulse (5,40,3): | 0.9730 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0380 | |
| Courbe Coppock: | 3.18 |
| MA7: | 10.328 | |
| MA20: | 10.479 | |
| MA50: | 10.373 | |
| MA100: | 10.064 | |
| MAexp7: | 10.361 | |
| MAexp20: | 10.409 | |
| MAexp50: | 10.288 | |
| MAexp100: | 10.044 | |
| Price / MA7: | +1.23% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | +0.79% | |
| Price / MA100: | +3.89% | |
| Price / MAexp7: | +0.91% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +1.62% | |
| Price / MAexp100: | +4.09% |
News
The last news published on AIR FRANCE -KLM at the time of the generation of this analysis was as follows:
- press release
- Declaration of number of voting rights
- October 2019 Traffic
- China Eastern, Virgin Atlantic, Air France and KLM Announce Intention to Launch a Joint Venture
- IBM Advances 'Watson Anywhere' with New Clients and Innovations Designed to Make it Even Easier to Scale AI Across Any Cloud
This member declared not having a position on this financial instrument or a related financial instrument.
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