Londinia Opportunities Analyses - 09/26/2022 (GMT) HEINEKEN HOLDING - 1H

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Type:	Stocks
Ticker:	HEIO
ISIN:	NL0000008977

Londinia

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 bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 70.40 EUR

My targets

69.00 EUR (-1.15%)

68.19 EUR (-2.31%)

My analysis

HEINEKEN HOLDING is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 70.40 EUR. The next support located at 69.00 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 68.19 EUR. Below this support, sellers could then target 62.81 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

HEINEKEN HOLDING rating 69.80 EUR. The price registered an increase of +0.00% on the session and was traded between 69.40 EUR and 69.90 EUR over the period. The price is currently at +0.58% from its lowest and -0.14% from its highest.

69.40

69.90

69.80

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this HEINEKEN HOLDING chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.

In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	68.19	69.00	69.55	69.80	70.40	71.33	71.93
Change (%)	-2.31%	-1.15%	-0.36%	-	+0.86%	+2.19%	+3.05%
Change	-1.61	-0.80	-0.25	-	+0.60	+1.53	+2.13
Level	Major	Minor	Intermediate	-	Minor	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.17	68.43	69.12	70.38	71.07	72.33	73.02
Camarilla	69.26	69.44	69.62	69.80	69.98	70.16	70.34
Woodie	66.88	68.29	68.83	70.24	70.78	72.19	72.73
Fibonacci	68.43	69.18	69.64	70.38	71.13	71.59	72.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	65.78	67.67	68.73	70.62	71.68	73.57	74.63
Camarilla	68.99	69.26	69.53	69.80	70.07	70.34	70.61
Woodie	65.38	67.46	68.33	70.41	71.28	73.36	74.23
Fibonacci	67.67	68.79	69.49	70.62	71.74	72.44	73.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.33	66.37	68.58	72.62	74.83	78.87	81.08
Camarilla	69.08	69.65	70.23	70.80	71.37	71.95	72.52
Woodie	61.43	65.91	67.68	72.16	73.93	78.41	80.18
Fibonacci	66.37	68.75	70.23	72.62	75.00	76.48	78.87

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):	36.79
MACD (12,26,9):	-0.3100
Directional Movement:	-22.19
AROON (14):	-50.00
DEMA (21):	70.30
Parabolic SAR (0,02-0,02-0,2):	71.32
Elder Ray (13):	-0.61
Super Trend (3,10):	71.33
Zig ZAG (10):	69.80
VORTEX (21):	0.9500
Stochastique (14,3,5):	5.33
TEMA (21):	70.11
Williams %R (14):	-96.00
Chande Momentum Oscillator (20):	-2.20
Repulse (5,40,3):	-0.9000
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	3.38

MA7:	71.06
MA20:	71.19
MA50:	73.26
MA100:	72.21
MAexp7:	70.17
MAexp20:	70.64
MAexp50:	71.02
MAexp100:	71.38
Price / MA7:	-1.77%
Price / MA20:	-1.95%
Price / MA50:	-4.72%
Price / MA100:	-3.34%
Price / MAexp7:	-0.53%
Price / MAexp20:	-1.19%
Price / MAexp50:	-1.72%
Price / MAexp100:	-2.21%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on HEINEKEN HOLDING at the time of the generation of this analysis was as follows: