Londinia Opportunities Analyses - 09/14/2021 (GMT) GEA GROUP AG - 1H

GEA GROUP AG
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: G1A
ISIN: DE0006602006

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
78%
0%
22%
My opinion
Bullish above 40.76 EUR
My targets
42.01 EUR (+2.19%)
42.23 EUR (+2.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GEA GROUP AG as long as the price remains well above 40.76 EUR. The buyers' bullish objective is set at 42.01 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 42.23 EUR. If there is any crossing, the next objective would be the resistance located at 49.99 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

GEA GROUP AG rating 41.11 EUR. The price has increased by +0.51% since the last closing and was between 40.87 EUR and 41.15 EUR. This implies that the price is at +0.59% from its lowest and at -0.10% from its highest.

40.87
41.15
41.11

A study of price movements over other periods shows the following variations:
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


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 GEA GROUP AG chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

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
R2
Price


S3S2S1PriceR1R2
ProTrendLines 38.70 39.88 40.76 41.11 42.01 49.99
Change (%) -5.86% -2.99% -0.85% - +2.19% +21.60%
Change -2.41 -1.23 -0.35 - +0.90 +8.88
Level Intermediate Intermediate Major - Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.2940.4740.6840.8641.0741.2541.46
Camarilla40.7940.8340.8640.9040.9440.9741.01
Woodie40.3240.4840.7140.8741.1041.2641.49
Fibonacci40.4740.6240.7140.8641.0141.1041.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.8739.3739.9940.4941.1141.6142.23
Camarilla40.3040.4140.5140.6140.7140.8240.92
Woodie38.9339.4040.0540.5241.1741.6442.29
Fibonacci39.3739.8040.0640.4940.9241.1841.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.1636.2637.6938.7940.2241.3242.75
Camarilla38.4138.6538.8839.1139.3439.5739.81
Woodie35.3236.3437.8538.8740.3841.4042.91
Fibonacci36.2637.2337.8338.7939.7640.3641.32

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): 68.78
MACD (12,26,9): 0.1400
Directional Movement: 15.00
AROON (14): 71.43
DEMA (21): 41.04
Parabolic SAR (0,02-0,02-0,2): 41.15
Elder Ray (13): 0.08
Super Trend (3,10): 40.68
Zig ZAG (10): 41.07
VORTEX (21): 1.1500
Stochastique (14,3,5): 81.37
TEMA (21): 41.11
Williams %R (14): -9.80
Chande Momentum Oscillator (20): 0.32
Repulse (5,40,3): 0.2900
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 1.59
MA7: 40.68
MA20: 39.62
MA50: 37.70
MA100: 36.41
MAexp7: 40.98
MAexp20: 40.86
MAexp50: 40.63
MAexp100: 40.26
Price / MA7: +1.06%
Price / MA20: +3.76%
Price / MA50: +9.05%
Price / MA100: +12.91%
Price / MAexp7: +0.32%
Price / MAexp20: +0.61%
Price / MAexp50: +1.18%
Price / MAexp100: +2.11%

Quotes : - 15 min delayed data - Actions Allemagne