Londinia Opportunities Analyses - 06/09/2023 (GMT) RTL GROUP - 1H
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EUR
(-)
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15 min delayed data - Germany Stocks
| Type: | Stocks |
| Ticker: | RRTL |
| ISIN: | LU0061462528 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 37.68 EUR
My targets
38.28 EUR (+0.95%)
38.68 EUR (+2.00%)
My analysis
RTL GROUP 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 37.68 EUR. The next resistance located at 38.28 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 38.68 EUR. After this resistance, buyers could then target 40.44 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.
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
7.5
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The RTL GROUP rating is 37.92 EUR. On the day, this instrument gained +0.48% and was traded between 37.74 EUR and 37.92 EUR over the period. The price is currently at +0.48% from its lowest and 0% from its highest.37.74
37.92
37.92
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this RTL GROUP chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.17 | 37.48 | 37.68 | 37.92 | 38.00 | 38.28 | 38.68 |
| Change (%) | -1.98% | -1.16% | -0.63% | - | +0.21% | +0.95% | +2.00% |
| Change | -0.75 | -0.44 | -0.24 | - | +0.08 | +0.36 | +0.76 |
| Level | Major | Minor | Intermediate | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.03 | 37.27 | 37.51 | 37.75 | 37.99 | 38.23 | 38.47 |
| Camarilla | 37.61 | 37.65 | 37.70 | 37.74 | 37.78 | 37.83 | 37.87 |
| Woodie | 37.02 | 37.27 | 37.50 | 37.75 | 37.98 | 38.23 | 38.46 |
| Fibonacci | 37.27 | 37.46 | 37.57 | 37.75 | 37.94 | 38.05 | 38.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.19 | 35.77 | 36.57 | 37.15 | 37.95 | 38.53 | 39.33 |
| Camarilla | 37.00 | 37.13 | 37.25 | 37.38 | 37.51 | 37.63 | 37.76 |
| Woodie | 35.31 | 35.83 | 36.69 | 37.21 | 38.07 | 38.59 | 39.45 |
| Fibonacci | 35.77 | 36.29 | 36.62 | 37.15 | 37.67 | 38.00 | 38.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.15 | 32.25 | 34.29 | 38.39 | 40.43 | 44.53 | 46.57 |
| Camarilla | 34.65 | 35.21 | 35.78 | 36.34 | 36.90 | 37.47 | 38.03 |
| Woodie | 27.13 | 31.74 | 33.27 | 37.88 | 39.41 | 44.02 | 45.55 |
| Fibonacci | 32.25 | 34.59 | 36.04 | 38.39 | 40.73 | 42.18 | 44.53 |
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): | 60.00 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 20.48 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 37.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.25 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 37.25 | |
| Zig ZAG (10): | 37.74 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 47.65 | |
| TEMA (21): | 37.88 | |
| Williams %R (14): | -47.37 | |
| Chande Momentum Oscillator (20): | 0.32 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.15 |
| MA7: | 37.20 | |
| MA20: | 37.62 | |
| MA50: | 41.73 | |
| MA100: | 43.23 | |
| MAexp7: | 37.71 | |
| MAexp20: | 37.53 | |
| MAexp50: | 37.33 | |
| MAexp100: | 37.41 | |
| Price / MA7: | +1.94% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | -9.13% | |
| Price / MA100: | -12.28% | |
| Price / MAexp7: | +0.56% | |
| Price / MAexp20: | +1.04% | |
| Price / MAexp50: | +1.58% | |
| Price / MAexp100: | +1.36% |
Quotes :
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