MUENCH.RUECKVERS.VNA O.N. - 1H - Technical analysis published on 06/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 322.2 EUR
My targets
332.6 EUR (+0.82%)
336.4 EUR (+1.97%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MUENCH.RUECKVERS.VNA O.N.. As long as you are above the support located at 322.2 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 332.6 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 336.4 EUR as an objective. Crossing it would then enable buyers to target 342.6 EUR. If the support 322.2 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MUENCH.RUECKVERS.VNA O.N. price is 329.9 EUR. The price is lower by -0.12% since the last closing with the lowest point at 326.4 EUR and the highest point at 331.8 EUR. The deviation from the price is +1.07% for the low point and -0.57% for the high point.326.4
331.8
329.9
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MUENCH.RUECKVERS.VNA O.N. in 1H shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 289.5 | 322.2 | 328.3 | 329.9 | 332.6 | 336.4 | 342.6 |
| Change (%) | -12.25% | -2.33% | -0.48% | - | +0.82% | +1.97% | +3.85% |
| Change | -40.4 | -7.7 | -1.6 | - | +2.7 | +6.5 | +12.7 |
| Level | Minor | Major | Intermediate | - | Major | Minor | 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 | 320.9 | 323.6 | 327.0 | 329.7 | 333.1 | 335.8 | 339.2 |
| Camarilla | 328.6 | 329.2 | 329.7 | 330.3 | 330.9 | 331.4 | 332.0 |
| Woodie | 321.2 | 323.8 | 327.3 | 329.9 | 333.4 | 336.0 | 339.5 |
| Fibonacci | 323.6 | 326.0 | 327.4 | 329.7 | 332.1 | 333.5 | 335.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 316.1 | 318.8 | 324.4 | 327.1 | 332.7 | 335.4 | 341.0 |
| Camarilla | 327.6 | 328.4 | 329.1 | 329.9 | 330.7 | 331.4 | 332.2 |
| Woodie | 317.5 | 319.5 | 325.8 | 327.8 | 334.1 | 336.1 | 342.4 |
| Fibonacci | 318.8 | 322.0 | 324.0 | 327.1 | 330.3 | 332.3 | 335.4 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 299.1 | 308.9 | 321.5 | 331.3 | 343.9 | 353.7 | 366.3 |
| Camarilla | 327.8 | 329.9 | 332.0 | 334.0 | 336.1 | 338.1 | 340.2 |
| Woodie | 300.4 | 309.6 | 322.8 | 332.0 | 345.2 | 354.4 | 367.6 |
| Fibonacci | 308.9 | 317.5 | 322.8 | 331.3 | 339.9 | 345.2 | 353.7 |
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): | 49.40 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -14.5 | |
| AROON (14): | 14.3 | |
| DEMA (21): | 330.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 332.0 | |
| Elder Ray (13): | -0.3 | |
| Super Trend (3,10): | 334.5 | |
| Zig ZAG (10): | 329.9 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 56.80 | |
| TEMA (21): | 329.7 | |
| Williams %R (14): | -42.60 | |
| Chande Momentum Oscillator (20): | -2.2 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.20 |
| MA7: | 329.4 | |
| MA20: | 331.2 | |
| MA50: | 328.8 | |
| MA100: | 320.4 | |
| MAexp7: | 329.8 | |
| MAexp20: | 330.1 | |
| MAexp50: | 329.7 | |
| MAexp100: | 329.7 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | -0.39% | |
| Price / MA50: | +0.33% | |
| Price / MA100: | +2.97% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.06% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The last news published on MUENCH.RUECKVERS.VNA O.N. at the time of the generation of this analysis was as follows:
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €1.3bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back with a volume of up to €1bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re announces profit guidance per IFRS 17 of €4.0bn for 2023
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of approx. €0.5bn and confirms annual forecast
- DGAP-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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