Londinia Opportunities Analyses - 06/17/2021 (GMT) HEINEKEN - 1H

HEINEKEN
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Type: Stocks
Ticker: HEIA
ISIN: NL0000009165

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 98.93 EUR
My targets
101.28 EUR (+1.71%)
104.95 EUR (+5.39%)
My analysis
The bullish trend is currently very strong on HEINEKEN. As long as the price remains above the support at 98.93 EUR, you could try to benefit from the boom. The first bullish objective is located at 101.28 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 104.95 EUR as an objective. 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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

HEINEKEN rating 99.58 EUR. On the day, this instrument gained +0.04% with the lowest point at 98.48 EUR and the highest point at 99.72 EUR. The deviation from the price is +1.12% for the low point and -0.14% for the high point.

98.48
99.72
99.58

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of HEINEKEN in 1H shows a strongly overall 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.

The technical indicators are bullish. There is still some doubt about the price increase.
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 : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 98.02 98.93 99.57 99.58 104.95
Change (%) -1.57% -0.65% -0.01% - +5.39%
Change -1.56 -0.65 -0.01 - +5.37
Level Intermediate Intermediate Major - 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
Standard96.6397.3398.4399.13100.23100.93102.03
Camarilla99.0599.2199.3899.5499.7199.87100.04
Woodie96.8497.4398.6499.23100.44101.03102.24
Fibonacci97.3398.0198.4499.1399.81100.24100.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard94.8095.9896.9698.1499.12100.30101.28
Camarilla97.3597.5497.7497.9498.1498.3498.53
Woodie94.7095.9396.8698.0999.02100.25101.18
Fibonacci95.9896.8197.3298.1498.9799.48100.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.8894.1495.8898.1499.88102.14103.88
Camarilla96.5296.8997.2597.6297.9998.3598.72
Woodie91.6294.0195.6298.0199.62102.01103.62
Fibonacci94.1495.6796.6198.1499.67100.61102.14

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): 56.79
MACD (12,26,9): 0.2200
Directional Movement: 8.39
AROON (14): -42.86
DEMA (21): 99.44
Parabolic SAR (0,02-0,02-0,2): 98.50
Elder Ray (13): 0.18
Super Trend (3,10): 99.93
Zig ZAG (10): 99.38
VORTEX (21): 1.1800
Stochastique (14,3,5): 76.12
TEMA (21): 99.51
Williams %R (14): -29.85
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): 0.0200
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 0.62
MA7: 98.58
MA20: 98.30
MA50: 97.06
MA100: 92.38
MAexp7: 99.37
MAexp20: 99.21
MAexp50: 98.86
MAexp100: 98.62
Price / MA7: +1.01%
Price / MA20: +1.30%
Price / MA50: +2.60%
Price / MA100: +7.79%
Price / MAexp7: +0.21%
Price / MAexp20: +0.37%
Price / MAexp50: +0.73%
Price / MAexp100: +0.97%

Quotes : - 15 min delayed data - Euronext Amsterdam