KERING - 1H - Technical analysis published on 03/01/2024 (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
28%
44%
28%
My opinion
Bearish under 431.00 EUR
My targets
421.23 EUR (-0.89%)
410.25 EUR (-3.47%)
My analysis
The strong short-term decline of KERING reinforces the current slightly bearish trend. As long as the price remains below 431.00 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 421.23 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 410.25 EUR as an objective. Crossing it would then enable sellers to target 390.85 EUR. A return to above 431.00 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KERING rating 425.00 EUR. The price registered a decrease of -0.01% on the session with the lowest point at 421.85 EUR and the highest point at 426.65 EUR. The deviation from the price is +0.75% for the low point and -0.39% for the high point.421.85
426.65
425.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KERING chart shows a slightly bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 390.85 | 410.25 | 421.23 | 425.00 | 431.00 | 439.07 | 475.50 |
| Change (%) | -8.04% | -3.47% | -0.89% | - | +1.41% | +3.31% | +11.88% |
| Change | -34.15 | -14.75 | -3.77 | - | +6.00 | +14.07 | +50.50 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major | Intermediate |
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 | 416.87 | 420.88 | 422.97 | 426.98 | 429.07 | 433.08 | 435.17 |
| Camarilla | 423.37 | 423.93 | 424.49 | 425.05 | 425.61 | 426.17 | 426.73 |
| Woodie | 415.90 | 420.40 | 422.00 | 426.50 | 428.10 | 432.60 | 434.20 |
| Fibonacci | 420.88 | 423.21 | 424.65 | 426.98 | 429.31 | 430.75 | 433.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 401.50 | 411.45 | 418.55 | 428.50 | 435.60 | 445.55 | 452.65 |
| Camarilla | 420.96 | 422.52 | 424.09 | 425.65 | 427.21 | 428.78 | 430.34 |
| Woodie | 400.08 | 410.74 | 417.13 | 427.79 | 434.18 | 444.84 | 451.23 |
| Fibonacci | 411.45 | 417.96 | 421.99 | 428.50 | 435.01 | 439.04 | 445.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 326.02 | 351.18 | 388.12 | 413.28 | 450.22 | 475.38 | 512.32 |
| Camarilla | 407.97 | 413.67 | 419.36 | 425.05 | 430.74 | 436.44 | 442.13 |
| Woodie | 331.90 | 354.13 | 394.00 | 416.23 | 456.10 | 478.33 | 518.20 |
| Fibonacci | 351.18 | 374.91 | 389.56 | 413.28 | 437.01 | 451.66 | 475.38 |
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): | 44.12 | |
| MACD (12,26,9): | -1.2300 | |
| Directional Movement: | -3.43 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 424.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 425.98 | |
| Elder Ray (13): | -1.63 | |
| Super Trend (3,10): | 429.26 | |
| Zig ZAG (10): | 424.75 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 16.24 | |
| TEMA (21): | 423.69 | |
| Williams %R (14): | -67.21 | |
| Chande Momentum Oscillator (20): | -1.65 | |
| Repulse (5,40,3): | 0.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.80 |
| MA7: | 428.23 | |
| MA20: | 418.12 | |
| MA50: | 393.88 | |
| MA100: | 398.31 | |
| MAexp7: | 424.53 | |
| MAexp20: | 425.79 | |
| MAexp50: | 427.08 | |
| MAexp100: | 424.36 | |
| Price / MA7: | -0.75% | |
| Price / MA20: | +1.65% | |
| Price / MA50: | +7.90% | |
| Price / MA100: | +6.70% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | +0.15% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on KERING at the time of the analysis were as follows:
- Kering: Monthly statement on the total number of shares and voting rights (February 2024)
- Kering: Monthly statement on the total number of shares and voting rights (January 2024)
- Kering: Acquisition of prestigious Fifth Avenue property in New York City
- Kering: Half-yearly achievement report on Kering share quotations liquidity mandate as of December 31, 2023
- Press release: Kering completes the acquisition of a 30% shareholding in Valentino
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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