DT.TELEKOM AG NA - 1H - Technical analysis published on 10/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 20.140 EUR
My targets
19.822 EUR (-1.06%)
19.682 EUR (-1.76%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DT.TELEKOM AG NA as long as the price remains well below 20.140 EUR. The sellers' bearish objective is set at 19.822 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19.682 EUR. In case of crossing, the next objective would be the support located at 19.565 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DT.TELEKOM AG NA rating is 20.035 EUR. The price is lower by -0.84% since the last closing with the lowest point at 20.010 EUR and the highest point at 20.285 EUR. The deviation from the price is +0.12% for the low point and -1.23% for the high point.20.010
20.285
20.035
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
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 (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DT.TELEKOM AG NA chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
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 : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 19.565 | 19.682 | 19.822 | 20.035 | 20.140 | 20.385 | 20.550 |
Change (%) | -2.35% | -1.76% | -1.06% | - | +0.52% | +1.75% | +2.57% |
Change | -0.470 | -0.353 | -0.213 | - | +0.105 | +0.350 | +0.515 |
Level | Intermediate | Major | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19.923 | 20.032 | 20.118 | 20.227 | 20.313 | 20.422 | 20.508 |
Camarilla | 20.151 | 20.169 | 20.187 | 20.205 | 20.223 | 20.241 | 20.259 |
Woodie | 19.913 | 20.026 | 20.108 | 20.221 | 20.303 | 20.416 | 20.498 |
Fibonacci | 20.032 | 20.106 | 20.152 | 20.227 | 20.301 | 20.347 | 20.422 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19.430 | 19.785 | 19.995 | 20.350 | 20.560 | 20.915 | 21.125 |
Camarilla | 20.050 | 20.101 | 20.153 | 20.205 | 20.257 | 20.309 | 20.360 |
Woodie | 19.358 | 19.749 | 19.923 | 20.314 | 20.488 | 20.879 | 21.053 |
Fibonacci | 19.785 | 20.001 | 20.134 | 20.350 | 20.566 | 20.699 | 20.915 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17.842 | 18.692 | 19.280 | 20.130 | 20.718 | 21.568 | 22.156 |
Camarilla | 19.473 | 19.604 | 19.736 | 19.868 | 20.000 | 20.132 | 20.264 |
Woodie | 17.711 | 18.627 | 19.149 | 20.065 | 20.587 | 21.503 | 22.025 |
Fibonacci | 18.692 | 19.241 | 19.581 | 20.130 | 20.679 | 21.019 | 21.568 |
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): | 34.50 | |
MACD (12,26,9): | -0.0700 | |
Directional Movement: | -11.742 | |
AROON (14): | -85.714 | |
DEMA (21): | 20.133 | |
Parabolic SAR (0,02-0,02-0,2): | 20.357 | |
Elder Ray (13): | -0.140 | |
Super Trend (3,10): | 20.341 | |
Zig ZAG (10): | 20.040 | |
VORTEX (21): | 0.9030 | |
Stochastique (14,3,5): | 10.55 | |
TEMA (21): | 20.096 | |
Williams %R (14): | -91.55 | |
Chande Momentum Oscillator (20): | -0.185 | |
Repulse (5,40,3): | -0.7110 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0380 | |
Courbe Coppock: | 1.30 |
MA7: | 20.312 | |
MA20: | 20.131 | |
MA50: | 19.968 | |
MA100: | 19.702 | |
MAexp7: | 20.136 | |
MAexp20: | 20.218 | |
MAexp50: | 20.294 | |
MAexp100: | 20.301 | |
Price / MA7: | -1.36% | |
Price / MA20: | -0.48% | |
Price / MA50: | +0.34% | |
Price / MA100: | +1.69% | |
Price / MAexp7: | -0.50% | |
Price / MAexp20: | -0.91% | |
Price / MAexp50: | -1.28% | |
Price / MAexp100: | -1.31% |
Quotes :
-
15 min delayed data
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Germany Stocks
News
The latest news and videos published on DT.TELEKOM AG NA at the time of the analysis were as follows:
- EQS-AGM: Deutsche Telekom AG: Announcement of the Convening of the General Meeting in Bonn on 05.04.2023 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
- DGAP-News: Deutsche Telekom AG: dividend announcement
- DGAP-Adhoc: Deutsche Telekom AG: Deutsche Telekom's Board of Management plans to increase dividend for 2021 to 0.64 euros per share
- DGAP-Adhoc: Deutsche Telekom AG: Deutsche Telekom to postpone its annual shareholders' meeting
- DGAP-Adhoc: Deutsche Telekom AG: T-Mobile US, Inc. and Sprint Corp. announce amendment to business combination agreement
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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