Londinia Opportunities Analyses - 01/26/2023 (GMT) RWE AG INH O.N. - 1H

RWE AG INH O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: RWE
ISIN: DE0007037129

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
83%
6%
11%
My opinion
Bullish above 42.23 EUR
My targets
43.72 EUR (+2.13%)
45.20 EUR (+5.58%)
My analysis
RWE AG INH O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 42.23 EUR. The next resistance located at 43.72 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 45.20 EUR. After this resistance, buyers could then target 52.87 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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

The RWE AG INH O.N. rating is 42.81 EUR. On the day, this instrument gained +0.14% with the lowest point at 42.61 EUR and the highest point at 42.92 EUR. The deviation from the price is +0.47% for the low point and -0.26% for the high point.

42.61
42.92
42.81

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



Here is a more detailed summary of the historical variations registered by RWE AG INH O.N.:
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 (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 RWE AG INH O.N. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 41.16 42.23 42.76 42.81 43.72 45.20 52.87
Change (%) -3.85% -1.35% -0.12% - +2.13% +5.58% +23.50%
Change -1.65 -0.58 -0.05 - +0.91 +2.39 +10.06
Level Intermediate Intermediate Major - Minor Intermediate Intermediate



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
Standard40.4541.2341.9942.7743.5344.3145.07
Camarilla42.3342.4742.6142.7542.8943.0343.17
Woodie40.4441.2341.9842.7743.5244.3145.06
Fibonacci41.2341.8242.1842.7743.3643.7244.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.6639.7040.6841.7242.7043.7444.72
Camarilla41.1241.3041.4941.6741.8642.0442.23
Woodie38.6439.6940.6641.7142.6843.7344.70
Fibonacci39.7040.4740.9541.7242.4942.9743.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.5839.7640.6841.8642.7843.9644.88
Camarilla41.0141.2141.4041.5941.7841.9842.17
Woodie38.4439.7040.5441.8042.6443.9044.74
Fibonacci39.7640.5741.0641.8642.6743.1643.96

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 62.98
MACD (12,26,9): 0.2900
Directional Movement: 26.95
AROON (14): 71.43
DEMA (21): 42.64
Parabolic SAR (0,02-0,02-0,2): 42.27
Elder Ray (13): 0.24
Super Trend (3,10): 41.86
Zig ZAG (10): 42.75
VORTEX (21): 1.1500
Stochastique (14,3,5): 58.98
TEMA (21): 42.77
Williams %R (14): -46.51
Chande Momentum Oscillator (20): 0.67
Repulse (5,40,3): -0.2900
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 3.47
MA7: 41.63
MA20: 40.87
MA50: 41.39
MA100: 40.35
MAexp7: 42.59
MAexp20: 42.27
MAexp50: 41.87
MAexp100: 41.50
Price / MA7: +2.83%
Price / MA20: +4.75%
Price / MA50: +3.43%
Price / MA100: +6.10%
Price / MAexp7: +0.52%
Price / MAexp20: +1.28%
Price / MAexp50: +2.25%
Price / MAexp100: +3.16%

Quotes : - 15 min delayed data - Actions Allemagne