PHILIPS KON - 1H - Technical analysis published on 01/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 20.848 EUR
My targets
22.650 EUR (+4.74%)
23.818 EUR (+10.14%)
My analysis
The bullish trend is currently very strong on PHILIPS KON. As long as the price remains above the support at 20.848 EUR, you could try to benefit from the boom. The first bullish objective is located at 22.650 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 23.818 EUR as an objective. Crossing it would then enable buyers to target 25.149 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PHILIPS KON rating 21.625 EUR. The price registered an increase of +0.65% on the session with the lowest point at 21.425 EUR and the highest point at 21.720 EUR. The deviation from the price is +0.93% for the low point and -0.44% for the high point.21.425
21.720
21.625
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PHILIPS KON:
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 1H of this PHILIPS KON chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
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 | 18.897 | 19.960 | 20.848 | 21.625 | 21.630 | 25.149 | 34.521 |
| Change (%) | -12.62% | -7.70% | -3.59% | - | +0.02% | +16.30% | +59.63% |
| Change | -2.728 | -1.665 | -0.777 | - | +0.005 | +3.524 | +12.896 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Major |
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 | 20.833 | 21.002 | 21.243 | 21.412 | 21.653 | 21.822 | 22.063 |
| Camarilla | 21.372 | 21.410 | 21.447 | 21.485 | 21.523 | 21.560 | 21.598 |
| Woodie | 20.870 | 21.020 | 21.280 | 21.430 | 21.690 | 21.840 | 22.100 |
| Fibonacci | 21.002 | 21.158 | 21.255 | 21.412 | 21.568 | 21.665 | 21.822 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.100 | 20.415 | 20.950 | 21.265 | 21.800 | 22.115 | 22.650 |
| Camarilla | 21.251 | 21.329 | 21.407 | 21.485 | 21.563 | 21.641 | 21.719 |
| Woodie | 20.210 | 20.470 | 21.060 | 21.320 | 21.910 | 22.170 | 22.760 |
| Fibonacci | 20.415 | 20.740 | 20.940 | 21.265 | 21.590 | 21.790 | 22.115 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.343 | 16.710 | 18.897 | 20.264 | 22.451 | 23.818 | 26.005 |
| Camarilla | 20.108 | 20.433 | 20.759 | 21.085 | 21.411 | 21.737 | 22.062 |
| Woodie | 15.754 | 16.915 | 19.308 | 20.469 | 22.862 | 24.023 | 26.416 |
| Fibonacci | 16.710 | 18.067 | 18.906 | 20.264 | 21.621 | 22.460 | 23.818 |
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): | 67.07 | |
| MACD (12,26,9): | 0.1310 | |
| Directional Movement: | 20.947 | |
| AROON (14): | 71.428 | |
| DEMA (21): | 21.550 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.165 | |
| Elder Ray (13): | 0.183 | |
| Super Trend (3,10): | 21.296 | |
| Zig ZAG (10): | 21.640 | |
| VORTEX (21): | 1.3160 | |
| Stochastique (14,3,5): | 88.65 | |
| TEMA (21): | 21.629 | |
| Williams %R (14): | -15.46 | |
| Chande Momentum Oscillator (20): | 0.420 | |
| Repulse (5,40,3): | 0.4950 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0630 | |
| Courbe Coppock: | 3.28 |
| MA7: | 21.250 | |
| MA20: | 20.457 | |
| MA50: | 19.480 | |
| MA100: | 19.388 | |
| MAexp7: | 21.554 | |
| MAexp20: | 21.395 | |
| MAexp50: | 21.232 | |
| MAexp100: | 20.970 | |
| Price / MA7: | +1.76% | |
| Price / MA20: | +5.71% | |
| Price / MA50: | +11.01% | |
| Price / MA100: | +11.54% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +1.08% | |
| Price / MAexp50: | +1.85% | |
| Price / MAexp100: | +3.12% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on PHILIPS KON at the time of the generation of this analysis was as follows:
- Philips completes cancellation of 15.1 million shares
- Research from Philips and Vanderbilt shows how decarbonizing healthcare also helps to reduce cost
- Philips launches ultra lightweight and flexible MR Smart Fit coils to improve radiology productivity and diagnostic confidence at #RSNA23
- Philips launches HealthSuite Imaging, a cloud-based next generation of Vue PACS, with new AI-enabled clinical and operational workflows at #RSNA23
- Philips improves workflow and efficiency with next generation ultrasound systems EPIQ Elite and Affiniti at #RSNA23
This member declared not having a position on this financial instrument or a related financial instrument.
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