FIELMANN GROUP AG O.N. - 1H - Technical analysis published on 08/29/2024 (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
17%
44%
39%
My opinion
Bullish above 41.30 EUR
My targets
42.30 EUR (+0.71%)
42.68 EUR (+1.62%)
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 FIELMANN GROUP AG O.N.. As long as you are above the support located at 41.30 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 42.30 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 42.68 EUR as an objective. Crossing it would then enable buyers to target 44.14 EUR. If the support 41.30 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 are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.7
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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 FIELMANN GROUP AG O.N. rating is 42.00 EUR. On the day, this instrument lost -0.12% with the lowest point at 41.90 EUR and the highest point at 42.20 EUR. The deviation from the price is +0.24% for the low point and -0.47% for the high point.41.90
42.20
42.00
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FIELMANN GROUP AG O.N. in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 40.55 | 41.30 | 41.90 | 42.00 | 42.30 | 42.68 | 44.14 |
Change (%) | -3.45% | -1.67% | -0.24% | - | +0.71% | +1.62% | +5.10% |
Change | -1.45 | -0.70 | -0.10 | - | +0.30 | +0.68 | +2.14 |
Level | Major | Major | Minor | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 41.47 | 41.68 | 41.87 | 42.08 | 42.27 | 42.48 | 42.67 |
Camarilla | 41.94 | 41.98 | 42.01 | 42.05 | 42.09 | 42.12 | 42.16 |
Woodie | 41.45 | 41.68 | 41.85 | 42.08 | 42.25 | 42.48 | 42.65 |
Fibonacci | 41.68 | 41.84 | 41.93 | 42.08 | 42.24 | 42.33 | 42.48 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 39.22 | 39.88 | 40.87 | 41.53 | 42.52 | 43.18 | 44.17 |
Camarilla | 41.40 | 41.55 | 41.70 | 41.85 | 42.00 | 42.15 | 42.30 |
Woodie | 39.38 | 39.96 | 41.03 | 41.61 | 42.68 | 43.26 | 44.33 |
Fibonacci | 39.88 | 40.51 | 40.90 | 41.53 | 42.16 | 42.55 | 43.18 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 37.12 | 39.18 | 40.52 | 42.58 | 43.92 | 45.98 | 47.32 |
Camarilla | 40.92 | 41.23 | 41.54 | 41.85 | 42.16 | 42.47 | 42.79 |
Woodie | 36.75 | 39.00 | 40.15 | 42.40 | 43.55 | 45.80 | 46.95 |
Fibonacci | 39.18 | 40.48 | 41.29 | 42.58 | 43.88 | 44.69 | 45.98 |
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): | 50.12 | |
MACD (12,26,9): | 0.0600 | |
Directional Movement: | 18.84 | |
AROON (14): | 57.14 | |
DEMA (21): | 42.08 | |
Parabolic SAR (0,02-0,02-0,2): | 41.86 | |
Elder Ray (13): | -0.06 | |
Super Trend (3,10): | 41.63 | |
Zig ZAG (10): | 41.95 | |
VORTEX (21): | 0.8200 | |
Stochastique (14,3,5): | 25.00 | |
TEMA (21): | 42.02 | |
Williams %R (14): | -87.50 | |
Chande Momentum Oscillator (20): | -0.05 | |
Repulse (5,40,3): | -0.1800 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 0.15 |
MA7: | 41.85 | |
MA20: | 40.99 | |
MA50: | 41.91 | |
MA100: | 43.07 | |
MAexp7: | 42.01 | |
MAexp20: | 41.99 | |
MAexp50: | 41.77 | |
MAexp100: | 41.48 | |
Price / MA7: | +0.36% | |
Price / MA20: | +2.46% | |
Price / MA50: | +0.21% | |
Price / MA100: | -2.48% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | +0.02% | |
Price / MAexp50: | +0.55% | |
Price / MAexp100: | +1.25% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on FIELMANN GROUP AG O.N. at the time of the analysis were as follows:
- EQS-News: Fielmann Group sales grow by +11% in HY1/2024, EBITDA by +14% and EBT by +17% compared to previous year
- EQS-News: Fielmann Group grows HY1/2024 sales +12% over 2023, improves profitability
- EQS-News: Fielmann Group closes acquisition of Shopko Optical and increases FY2024 outlook
- EQS-Adhoc: Fielmann Group AG: Fielmann Group acquires Shopko Optical
- EQS-News: Fielmann Group with +12% sales growth in 2023 and +11% growth in Q1/2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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