AALBERTS NV - Daily - Technical analysis published on 09/30/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
6%
44%
50%
My opinion
Bullish above 34.61 EUR
My targets
36.97 EUR (+2.07%)
39.06 EUR (+7.84%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 34.61 EUR remains possible. It is advisable to trade AALBERTS NV with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 34.61 EUR. The next bullish objective for buyers is set at 36.97 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 39.06 EUR. If there is any crossing, the next objective would be the resistance located at 41.14 EUR. PS: if there is a bearish break in the support located at 34.61 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
2
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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 AALBERTS NV rating is 36.22 EUR. The price has increased by +0.08% since the last closing and was traded between 36.21 EUR and 36.25 EUR over the period. The price is currently at +0.03% from its lowest and -0.08% from its highest.36.21
36.25
36.22
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Technical
Technical analysis of AALBERTS NV in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 31.96 | 33.30 | 34.61 | 36.22 | 36.97 | 39.06 | 41.14 |
| Change (%) | -11.76% | -8.06% | -4.45% | - | +2.07% | +7.84% | +13.58% |
| Change | -4.26 | -2.92 | -1.61 | - | +0.75 | +2.84 | +4.92 |
| Level | Minor | Intermediate | Major | - | Major | Major | 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 | 35.58 | 35.74 | 35.87 | 36.03 | 36.16 | 36.32 | 36.45 |
| Camarilla | 35.91 | 35.94 | 35.96 | 35.99 | 36.02 | 36.04 | 36.07 |
| Woodie | 35.56 | 35.73 | 35.85 | 36.02 | 36.14 | 36.31 | 36.43 |
| Fibonacci | 35.74 | 35.85 | 35.92 | 36.03 | 36.14 | 36.21 | 36.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.05 | 36.07 | 36.62 | 37.64 | 38.19 | 39.21 | 39.76 |
| Camarilla | 36.75 | 36.89 | 37.04 | 37.18 | 37.32 | 37.47 | 37.61 |
| Woodie | 34.83 | 35.95 | 36.40 | 37.52 | 37.97 | 39.09 | 39.54 |
| Fibonacci | 36.07 | 36.67 | 37.04 | 37.64 | 38.24 | 38.61 | 39.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.75 | 30.81 | 32.59 | 34.65 | 36.43 | 38.49 | 40.27 |
| Camarilla | 33.30 | 33.66 | 34.01 | 34.36 | 34.71 | 35.06 | 35.42 |
| Woodie | 28.60 | 30.74 | 32.44 | 34.58 | 36.28 | 38.42 | 40.12 |
| Fibonacci | 30.81 | 32.28 | 33.19 | 34.65 | 36.12 | 37.03 | 38.49 |
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): | 51.17 | |
| MACD (12,26,9): | 0.4200 | |
| Directional Movement: | -3.39 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 36.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 37.95 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 38.08 | |
| Zig ZAG (10): | 36.19 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 27.03 | |
| TEMA (21): | 36.95 | |
| Williams %R (14): | -78.85 | |
| Chande Momentum Oscillator (20): | -1.14 | |
| Repulse (5,40,3): | -0.5700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 6.62 |
| MA7: | 36.57 | |
| MA20: | 36.45 | |
| MA50: | 35.43 | |
| MA100: | 33.96 | |
| MAexp7: | 36.46 | |
| MAexp20: | 36.30 | |
| MAexp50: | 35.46 | |
| MAexp100: | 34.47 | |
| Price / MA7: | -0.96% | |
| Price / MA20: | -0.63% | |
| Price / MA50: | +2.23% | |
| Price / MA100: | +6.65% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | +2.14% | |
| Price / MAexp100: | +5.08% |
News
The latest news and videos published on AALBERTS NV at the time of the analysis were as follows:
- Aalberts N.V.: Aalberts acquires heat treatment specialist in North America
- Aalberts N.V.: organic revenue growth +3%; EBITA growth +5%; net profit and earnings per share +6%; acceleration innovation, organic growth initiatives
- Aalberts N.V.: Aalberts further expands surface treatment network in North America
- Aalberts Industries N.V.: Aalberts appoints new CFO
- Aalberts Industries N.V.: organic revenue growth +5%; earnings per share +16%; continued investments in growth and innovations
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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