FREENET AG NA O.N. - 1H - Technical analysis published on 09/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 22.58 EUR
My targets
22.06 EUR (-1.43%)
21.80 EUR (-2.59%)
My analysis
The strong short-term decline of FREENET AG NA O.N. reinforces the current slightly bearish trend. As long as the price remains below 22.58 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 22.06 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 21.80 EUR as an objective. Crossing it would then enable sellers to target 21.37 EUR. A return to above 22.58 EUR would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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Additional analysis
Quotes
The FREENET AG NA O.N. rating is 22.38 EUR. The price is lower by -0.18% since the last closing and was between 22.36 EUR and 22.44 EUR. This implies that the price is at +0.09% from its lowest and at -0.27% from its highest.22.36
22.44
22.38
Here is a more detailed summary of the historical variations registered by FREENET AG NA O.N.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FREENET AG NA O.N. indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
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 a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.37 | 21.80 | 22.06 | 22.38 | 22.46 | 22.58 | 22.70 |
| Change (%) | -4.51% | -2.59% | -1.43% | - | +0.36% | +0.89% | +1.43% |
| Change | -1.01 | -0.58 | -0.32 | - | +0.08 | +0.20 | +0.32 |
| Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 22.15 | 22.29 | 22.35 | 22.49 | 22.55 | 22.69 | 22.75 |
| Camarilla | 22.37 | 22.38 | 22.40 | 22.42 | 22.44 | 22.46 | 22.48 |
| Woodie | 22.12 | 22.27 | 22.32 | 22.47 | 22.52 | 22.67 | 22.72 |
| Fibonacci | 22.29 | 22.36 | 22.41 | 22.49 | 22.56 | 22.61 | 22.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.63 | 21.97 | 22.19 | 22.53 | 22.75 | 23.09 | 23.31 |
| Camarilla | 22.27 | 22.32 | 22.37 | 22.42 | 22.47 | 22.52 | 22.57 |
| Woodie | 21.58 | 21.94 | 22.14 | 22.50 | 22.70 | 23.06 | 23.26 |
| Fibonacci | 21.97 | 22.18 | 22.31 | 22.53 | 22.74 | 22.87 | 23.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.45 | 20.17 | 21.13 | 21.85 | 22.81 | 23.53 | 24.49 |
| Camarilla | 21.64 | 21.79 | 21.95 | 22.10 | 22.25 | 22.41 | 22.56 |
| Woodie | 19.58 | 20.23 | 21.26 | 21.91 | 22.94 | 23.59 | 24.62 |
| Fibonacci | 20.17 | 20.81 | 21.21 | 21.85 | 22.49 | 22.89 | 23.53 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.19 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -8.85 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 22.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.63 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 22.63 | |
| Zig ZAG (10): | 22.42 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 3.92 | |
| TEMA (21): | 22.46 | |
| Williams %R (14): | -88.24 | |
| Chande Momentum Oscillator (20): | -0.26 | |
| Repulse (5,40,3): | -0.5200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.23 |
| MA7: | 22.54 | |
| MA20: | 22.30 | |
| MA50: | 22.08 | |
| MA100: | 22.68 | |
| MAexp7: | 22.48 | |
| MAexp20: | 22.54 | |
| MAexp50: | 22.53 | |
| MAexp100: | 22.42 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | +0.36% | |
| Price / MA50: | +1.36% | |
| Price / MA100: | -1.32% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.71% | |
| Price / MAexp50: | -0.67% | |
| Price / MAexp100: | -0.18% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The latest news and videos published on FREENET AG NA O.N. at the time of the analysis were as follows:
- EQS-News: freenet impresses in the 1st half of 2023: EBITDA, free cash flow and subscribers significantly above prior year
- EQS-News: freenet AG: Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)
- EQS-News: freenet AG: freenet starts the 2023 financial year with a significant increase in EBITDA
- EQS-News: freenet confirms 2022 preliminary results, dividend proposal of 1.68 euros and 2023 guidance
- EQS-News: freenet AG: freenet continues to impress in financial year 2022 and proposes a dividend of 1.68 euros per share
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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