GRENKE AG NA O.N.
GRENKE AG NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GLJ
ISIN: DE000A161N30

GRENKE AG NA O.N. - 1H - Technical analysis published on 12/21/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Neutral between 23.90 EUR and 25.00 EUR
My targets
-
My analysis
The short-term decline on GRENKE AG NA O.N. remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 23.90 EUR. The first resistance is located at 25.00 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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:
Daily Weekly

Additional analysis

Quotes

The GRENKE AG NA O.N. rating is 24.45 EUR. The price registered a decrease of -0.20% on the session with the lowest point at 24.25 EUR and the highest point at 24.80 EUR. The deviation from the price is +0.82% for the low point and -1.41% for the high point.

24.25
24.80
24.45

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GRENKE AG NA O.N. indicates that the overall trend is slightly bullish. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.45 23.90 24.45 24.45 25.00 25.40 25.79
Change (%) -4.09% -2.25% 0% - +2.25% +3.89% +5.48%
Change -1.00 -0.55 0 - +0.55 +0.95 +1.34
Level Major Minor Minor - Minor Intermediate Major



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
Standard23.8724.1324.3224.5824.7725.0325.22
Camarilla24.3824.4224.4624.5024.5424.5824.62
Woodie23.8324.1124.2824.5624.7325.0125.18
Fibonacci24.1324.3124.4124.5824.7624.8625.03


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.5722.4323.6724.5325.7726.6327.87
Camarilla24.3224.5224.7124.9025.0925.2925.48
Woodie21.7522.5323.8524.6325.9526.7328.05
Fibonacci22.4323.2423.7324.5325.3425.8326.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.7318.3720.6322.2724.5326.1728.43
Camarilla21.8322.1922.5422.9023.2623.6223.97
Woodie17.0518.5320.9522.4324.8526.3328.75
Fibonacci18.3719.8620.7822.2723.7624.6826.17

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): 47.12
MACD (12,26,9): -0.0300
Directional Movement: 2.56
AROON (14): 14.29
DEMA (21): 24.51
Parabolic SAR (0,02-0,02-0,2): 24.96
Elder Ray (13): 0.02
Super Trend (3,10): 24.25
Zig ZAG (10): 24.45
VORTEX (21): 0.9700
Stochastique (14,3,5): 33.33
TEMA (21): 24.43
Williams %R (14): -66.67
Chande Momentum Oscillator (20): -0.25
Repulse (5,40,3): -0.2000
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 1.47
MA7: 24.46
MA20: 23.72
MA50: 22.10
MA100: 22.46
MAexp7: 24.48
MAexp20: 24.54
MAexp50: 24.45
MAexp100: 24.18
Price / MA7: -0.04%
Price / MA20: +3.08%
Price / MA50: +10.63%
Price / MA100: +8.86%
Price / MAexp7: -0.12%
Price / MAexp20: -0.37%
Price / MAexp50: -0%
Price / MAexp100: +1.12%

Quotes : - 15 min delayed data - Germany Stocks

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

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