KERING
KERING
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: KER
ISIN: FR0000121485

KERING - 1H - Technical analysis published on 11/07/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 237.27 EUR
My targets
242.28 EUR (+0.82%)
244.85 EUR (+1.89%)
My analysis
The bullish trend is currently very strong on KERING. As long as the price remains above the support at 237.27 EUR, you could try to benefit from the boom. The first bullish objective is located at 242.28 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 244.85 EUR as an objective. Crossing it would then enable buyers to target 266.85 EUR. 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
7.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

KERING rating 240.30 EUR. The price has increased by +4.21% since the last closing and was traded between 229.85 EUR and 241.65 EUR over the period. The price is currently at +4.55% from its lowest and -0.56% from its highest.

229.85
241.65
240.30

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by KERING:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of KERING indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 228.44 231.16 237.27 240.30 242.28 244.85 266.85
Change (%) -4.94% -3.80% -1.26% - +0.82% +1.89% +11.05%
Change -11.86 -9.14 -3.03 - +1.98 +4.55 +26.55
Level Major Minor Intermediate - Intermediate Minor 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
Standard210.90219.50225.05233.65239.20247.80253.35
Camarilla226.71228.01229.30230.60231.90233.19234.49
Woodie209.38218.74223.53232.89237.68247.04251.83
Fibonacci219.50224.91228.25233.65239.06242.40247.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard203.75214.80222.75233.80241.75252.80260.75
Camarilla225.48227.22228.96230.70232.44234.18235.93
Woodie202.20214.03221.20233.03240.20252.03259.20
Fibonacci214.80222.06226.54233.80241.06245.54252.80


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard170.65193.05210.95233.35251.25273.65291.55
Camarilla217.77221.46225.16228.85232.54236.24239.93
Woodie168.40191.93208.70232.23249.00272.53289.30
Fibonacci193.05208.45217.96233.35248.75258.26273.65

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): 62.99
MACD (12,26,9): 1.6800
Directional Movement: 20.91
AROON (14): -42.85
DEMA (21): 236.75
Parabolic SAR (0,02-0,02-0,2): 228.37
Elder Ray (13): 5.06
Super Trend (3,10): 231.32
Zig ZAG (10): 240.80
VORTEX (21): 1.1300
Stochastique (14,3,5): 87.99
TEMA (21): 238.21
Williams %R (14): -9.54
Chande Momentum Oscillator (20): 3.55
Repulse (5,40,3): 2.0000
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 3.87
MA7: 232.11
MA20: 233.36
MA50: 236.80
MA100: 265.00
MAexp7: 237.62
MAexp20: 234.92
MAexp50: 233.67
MAexp100: 233.91
Price / MA7: +3.53%
Price / MA20: +2.97%
Price / MA50: +1.48%
Price / MA100: -9.32%
Price / MAexp7: +1.13%
Price / MAexp20: +2.29%
Price / MAexp50: +2.84%
Price / MAexp100: +2.73%

Quotes : - 15 min delayed data - Euronext Paris

This member declared not having a position on this financial instrument or a related financial instrument.

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