LUFTHANSA AG VNA O.N. - 1H - Technical analysis published on 04/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 6.719 EUR
My targets
6.990 EUR (+2.34%)
7.092 EUR (+3.84%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade LUFTHANSA AG VNA O.N. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.719 EUR. The buyers' bullish objective is set at 6.990 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.092 EUR. If there is any crossing, the next objective would be the resistance located at 7.281 EUR. If there is a bearish break in the support located at 6.719 EUR some indecision would arise.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.1
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Additional analysis
Quotes
LUFTHANSA AG VNA O.N. rating 6.830 EUR. On the day, this instrument gained +1.31% and was between 6.688 EUR and 6.842 EUR. This implies that the price is at +2.12% from its lowest and at -0.18% from its highest.6.688
6.842
6.830
Here is a more detailed summary of the historical variations registered by LUFTHANSA AG VNA O.N.:
Technical
Technical analysis of this 1H chart of LUFTHANSA AG VNA O.N. indicates that the overall trend is slightly bullish. Only 46.43% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.449 | 6.569 | 6.719 | 6.830 | 6.844 | 6.990 | 7.092 |
| Change (%) | -5.58% | -3.82% | -1.63% | - | +0.20% | +2.34% | +3.84% |
| Change | -0.381 | -0.261 | -0.111 | - | +0.014 | +0.160 | +0.262 |
| Level | Minor | Major | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.591 | 6.629 | 6.685 | 6.723 | 6.779 | 6.817 | 6.873 |
| Camarilla | 6.716 | 6.725 | 6.733 | 6.742 | 6.751 | 6.759 | 6.768 |
| Woodie | 6.601 | 6.634 | 6.695 | 6.728 | 6.789 | 6.822 | 6.883 |
| Fibonacci | 6.629 | 6.665 | 6.687 | 6.723 | 6.759 | 6.781 | 6.817 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.367 | 6.493 | 6.595 | 6.721 | 6.823 | 6.949 | 7.051 |
| Camarilla | 6.633 | 6.654 | 6.675 | 6.696 | 6.717 | 6.738 | 6.759 |
| Woodie | 6.354 | 6.487 | 6.582 | 6.715 | 6.810 | 6.943 | 7.038 |
| Fibonacci | 6.493 | 6.580 | 6.634 | 6.721 | 6.808 | 6.862 | 6.949 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.267 | 6.484 | 6.882 | 7.099 | 7.497 | 7.714 | 8.112 |
| Camarilla | 7.112 | 7.168 | 7.225 | 7.281 | 7.337 | 7.394 | 7.450 |
| Woodie | 6.359 | 6.529 | 6.974 | 7.144 | 7.589 | 7.759 | 8.204 |
| Fibonacci | 6.484 | 6.719 | 6.864 | 7.099 | 7.334 | 7.479 | 7.714 |
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): | 54.86 | |
| MACD (12,26,9): | -0.0030 | |
| Directional Movement: | 2.247 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 6.714 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.791 | |
| Elder Ray (13): | 0.028 | |
| Super Trend (3,10): | 6.820 | |
| Zig ZAG (10): | 6.742 | |
| VORTEX (21): | 1.0520 | |
| Stochastique (14,3,5): | 38.42 | |
| TEMA (21): | 6.708 | |
| Williams %R (14): | -47.95 | |
| Chande Momentum Oscillator (20): | -0.036 | |
| Repulse (5,40,3): | 0.3920 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0060 | |
| Courbe Coppock: | 1.73 |
| MA7: | 6.711 | |
| MA20: | 6.826 | |
| MA50: | 6.988 | |
| MA100: | 7.395 | |
| MAexp7: | 6.715 | |
| MAexp20: | 6.717 | |
| MAexp50: | 6.717 | |
| MAexp100: | 6.745 | |
| Price / MA7: | +1.77% | |
| Price / MA20: | +0.06% | |
| Price / MA50: | -2.26% | |
| Price / MA100: | -7.64% | |
| Price / MAexp7: | +1.71% | |
| Price / MAexp20: | +1.68% | |
| Price / MAexp50: | +1.68% | |
| Price / MAexp100: | +1.26% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on LUFTHANSA AG VNA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-Adhoc: Deutsche Lufthansa AG: Lufthansa Group reports impact of strikes on results and adjusts full-year outlook accordingly
-
German train drivers strike coincides with Lufthansa cabin crew walkout
-
German train drivers strike coincides with Lufthansa cabin crew walkout
-
German train drivers strike coincides with Lufthansa cabin crew walkout
- EQS-Adhoc: Deutsche Lufthansa AG: Supervisory Board of Deutsche Lufthansa AG decides on comprehensive reorganisation of the Executive Board
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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