HEINEKEN HOLDING - Daily - Technical analysis published on 10/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 89.65 EUR
My targets
86.43 EUR (-2.94%)
83.85 EUR (-5.84%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEINEKEN HOLDING as long as the price remains well below 89.65 EUR. The sellers” bearish objective is set at 86.43 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 83.85 EUR. In case of crossing, the next objective would be the support located at 77.76 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.4
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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 HEINEKEN HOLDING rating is 89.05 EUR. The price registered an increase of +0.96% on the session and was between 88.20 EUR and 89.20 EUR. This implies that the price is at +0.96% from its lowest and at -0.17% from its highest.88.20
89.20
89.05
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HEINEKEN HOLDING:
Technical
Technical analysis of this Daily chart of HEINEKEN HOLDING indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
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 | 77.76 | 83.85 | 86.43 | 89.05 | 89.65 | 91.78 | 93.80 |
| Change (%) | -12.68% | -5.84% | -2.94% | - | +0.67% | +3.07% | +5.33% |
| Change | -11.29 | -5.20 | -2.62 | - | +0.60 | +2.73 | +4.75 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.57 | 86.93 | 87.57 | 87.93 | 88.57 | 88.93 | 89.57 |
| Camarilla | 87.93 | 88.02 | 88.11 | 88.20 | 88.29 | 88.38 | 88.48 |
| Woodie | 86.70 | 87.00 | 87.70 | 88.00 | 88.70 | 89.00 | 89.70 |
| Fibonacci | 86.93 | 87.32 | 87.55 | 87.93 | 88.32 | 88.55 | 88.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.45 | 83.60 | 85.90 | 89.05 | 91.35 | 94.50 | 96.80 |
| Camarilla | 86.70 | 87.20 | 87.70 | 88.20 | 88.70 | 89.20 | 89.70 |
| Woodie | 80.03 | 83.39 | 85.48 | 88.84 | 90.93 | 94.29 | 96.38 |
| Fibonacci | 83.60 | 85.68 | 86.97 | 89.05 | 91.13 | 92.42 | 94.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.43 | 86.42 | 88.88 | 90.87 | 93.33 | 95.32 | 97.78 |
| Camarilla | 90.13 | 90.53 | 90.94 | 91.35 | 91.76 | 92.17 | 92.57 |
| Woodie | 84.68 | 86.54 | 89.13 | 90.99 | 93.58 | 95.44 | 98.03 |
| Fibonacci | 86.42 | 88.12 | 89.17 | 90.87 | 92.57 | 93.62 | 95.32 |
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): | 46.81 | |
| MACD (12,26,9): | -0.3900 | |
| Directional Movement: | 0.37 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 89.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 91.82 | |
| Elder Ray (13): | -0.66 | |
| Super Trend (3,10): | 91.72 | |
| Zig ZAG (10): | 89.05 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 24.70 | |
| TEMA (21): | 88.91 | |
| Williams %R (14): | -58.93 | |
| Chande Momentum Oscillator (20): | -1.00 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.56 |
| MA7: | 89.11 | |
| MA20: | 89.90 | |
| MA50: | 89.56 | |
| MA100: | 90.65 | |
| MAexp7: | 88.91 | |
| MAexp20: | 89.59 | |
| MAexp50: | 89.96 | |
| MAexp100: | 89.48 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | -0.95% | |
| Price / MA50: | -0.57% | |
| Price / MA100: | -1.77% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | -1.01% | |
| Price / MAexp100: | -0.48% |
News
The latest news and videos published on HEINEKEN HOLDING at the time of the analysis were as follows:
- Heineken Holding N.V. reports 2019 half year results
- Heineken Holding N.V. reports on 2019 first quarter trading
- Heineken Holding N.V. reports 2018 full year results
- Heineken Holding N.V. reports on 2018 third quarter trading
- Heineken Holding N.V. reports 2018 half year results
This member declared not having a position on this financial instrument or a related financial instrument.
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