HEINEKEN - Daily - Technical analysis published on 02/17/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 91.42 EUR
My targets
96.09 EUR (+2.46%)
102.50 EUR (+9.30%)
My analysis
The bullish trend is currently very strong on HEINEKEN. As long as the price remains above the support at 91.42 EUR, you could try to benefit from the boom. The first bullish objective is located at 96.09 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 102.50 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HEINEKEN rating is 93.78 EUR. On the day, this instrument lost -0.53% and was traded between 93.00 EUR and 94.78 EUR over the period. The price is currently at +0.84% from its lowest and -1.06% from its highest.93.00
94.78
93.78
Here is a more detailed summary of the historical variations registered by HEINEKEN:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this HEINEKEN chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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 resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 85.04 | 88.64 | 91.42 | 93.78 | 94.63 | 96.09 | 102.50 |
Change (%) | -9.32% | -5.48% | -2.52% | - | +0.91% | +2.46% | +9.30% |
Change | -8.74 | -5.14 | -2.36 | - | +0.85 | +2.31 | +8.72 |
Level | Major | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 89.79 | 91.07 | 92.67 | 93.95 | 95.55 | 96.83 | 98.43 |
Camarilla | 93.49 | 93.75 | 94.02 | 94.28 | 94.54 | 94.81 | 95.07 |
Woodie | 89.96 | 91.15 | 92.84 | 94.03 | 95.72 | 96.91 | 98.60 |
Fibonacci | 91.07 | 92.17 | 92.85 | 93.95 | 95.05 | 95.73 | 96.83 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 88.59 | 89.75 | 90.43 | 91.59 | 92.27 | 93.43 | 94.11 |
Camarilla | 90.61 | 90.78 | 90.95 | 91.12 | 91.29 | 91.46 | 91.63 |
Woodie | 88.36 | 89.63 | 90.20 | 91.47 | 92.04 | 93.31 | 93.88 |
Fibonacci | 89.75 | 90.45 | 90.88 | 91.59 | 92.29 | 92.72 | 93.43 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 82.80 | 85.18 | 88.36 | 90.74 | 93.92 | 96.30 | 99.48 |
Camarilla | 90.01 | 90.52 | 91.03 | 91.54 | 92.05 | 92.56 | 93.07 |
Woodie | 83.20 | 85.38 | 88.76 | 90.94 | 94.32 | 96.50 | 99.88 |
Fibonacci | 85.18 | 87.30 | 88.62 | 90.74 | 92.86 | 94.18 | 96.30 |
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): | 60.58 | |
MACD (12,26,9): | 0.6600 | |
Directional Movement: | 16.15 | |
AROON (14): | 92.86 | |
DEMA (21): | 92.86 | |
Parabolic SAR (0,02-0,02-0,2): | 90.50 | |
Elder Ray (13): | 1.50 | |
Super Trend (3,10): | 89.22 | |
Zig ZAG (10): | 93.72 | |
VORTEX (21): | 1.1200 | |
Stochastique (14,3,5): | 80.70 | |
TEMA (21): | 93.05 | |
Williams %R (14): | -34.70 | |
Chande Momentum Oscillator (20): | 1.24 | |
Repulse (5,40,3): | 1.3300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 2.80 |
MA7: | 92.47 | |
MA20: | 91.90 | |
MA50: | 90.75 | |
MA100: | 89.26 | |
MAexp7: | 92.86 | |
MAexp20: | 92.03 | |
MAexp50: | 91.01 | |
MAexp100: | 90.31 | |
Price / MA7: | +1.42% | |
Price / MA20: | +2.05% | |
Price / MA50: | +3.34% | |
Price / MA100: | +5.06% | |
Price / MAexp7: | +0.99% | |
Price / MAexp20: | +1.90% | |
Price / MAexp50: | +3.04% | |
Price / MAexp100: | +3.84% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
Don't forget to follow the news on HEINEKEN. At the time of publication of this analysis, the latest news was as follows:
- Heineken N.V. purchases €1 billion in shares from FEMSA
- Heineken N.V. to participate in equity offering by FEMSA
- HEINEKEN notes FEMSA’s intention to divest its shareholding in Heineken N.V. and Heineken Holding N.V.
- Heineken N.V. reports 2022 full year results
- Wynn Las Vegas Announces the "Official FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX Million Dollar All-Access Experience" in Partnership with F1®
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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