Londinia Opportunities Analyses - 06/08/2023 (GMT) DIETEREN GROUP - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	DIE
ISIN:	BE0974259880

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 166.7 EUR

My targets

170.7 EUR (+1.37%)

175.7 EUR (+4.33%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DIETEREN GROUP as long as the price remains well above 166.7 EUR. The buyers' bullish objective is set at 170.7 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 175.7 EUR. If there is any crossing, the next objective would be the resistance located at 182.9 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

8.4

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.

Additional analysis

Quotes

The DIETEREN GROUP rating is 168.4 EUR. The price has increased by +0.78% since the last closing with the lowest point at 166.0 EUR and the highest point at 168.6 EUR. The deviation from the price is +1.45% for the low point and -0.12% for the high point.

166.0

168.6

168.4

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 for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of DIETEREN GROUP indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

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:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	160.9	164.0	166.7	168.4	170.7	175.7	182.9
Change (%)	-4.45%	-2.61%	-1.01%	-	+1.37%	+4.33%	+8.61%
Change	-7.5	-4.4	-1.7	-	+2.3	+7.3	+14.5
Level	Intermediate	Intermediate	Minor	-	Major	Minor	Minor

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
Standard	162.7	164.0	165.5	166.8	168.3	169.6	171.1
Camarilla	166.3	166.6	166.8	167.1	167.4	167.6	167.9
Woodie	162.9	164.1	165.7	166.9	168.5	169.7	171.3
Fibonacci	164.0	165.0	165.7	166.8	167.8	168.5	169.6

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	150.7	153.7	158.6	161.6	166.5	169.5	174.4
Camarilla	161.3	162.1	162.8	163.5	164.2	165.0	165.7
Woodie	151.7	154.2	159.6	162.1	167.5	170.0	175.4
Fibonacci	153.7	156.7	158.6	161.6	164.6	166.5	169.5

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	139.7	147.3	153.0	160.6	166.3	173.9	179.6
Camarilla	155.1	156.4	157.6	158.8	160.0	161.2	162.5
Woodie	138.9	146.8	152.2	160.1	165.5	173.4	178.8
Fibonacci	147.3	152.4	155.5	160.6	165.7	168.8	173.9

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):	67.10
MACD (12,26,9):	1.0000
Directional Movement:	5.2
AROON (14):	85.7
DEMA (21):	167.7
Parabolic SAR (0,02-0,02-0,2):	168.0
Elder Ray (13):	0.2
Super Trend (3,10):	165.0
Zig ZAG (10):	168.0
VORTEX (21):	1.1000
Stochastique (14,3,5):	85.70
TEMA (21):	167.8
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	2.0
Repulse (5,40,3):	1.0000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	2.60

MA7:	163.8
MA20:	162.8
MA50:	166.2
MA100:	170.7
MAexp7:	167.6
MAexp20:	166.3
MAexp50:	164.5
MAexp100:	163.5
Price / MA7:	+2.81%
Price / MA20:	+3.44%
Price / MA50:	+1.32%
Price / MA100:	-1.35%
Price / MAexp7:	+0.48%
Price / MAexp20:	+1.26%
Price / MAexp50:	+2.37%
Price / MAexp100:	+3.00%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on DIETEREN GROUP at the time of the analysis were as follows: