Londinia Opportunities Analyses - 06/09/2023 (GMT) E.ON SE NA O.N. - 1H

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	EOAN
ISIN:	DE000ENAG999

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 bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 11.405 EUR

My targets

11.585 EUR (+1.00%)

11.687 EUR (+1.89%)

My analysis

E.ON SE NA 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 11.405 EUR. The next resistance located at 11.585 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 11.687 EUR. After this resistance, buyers could then target 11.764 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

8.6

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Additional analysis

Quotes

The E.ON SE NA O.N. rating is 11.470 EUR. The price has increased by +1.24% since the last closing with the lowest point at 11.360 EUR and the highest point at 11.480 EUR. The deviation from the price is +0.97% for the low point and -0.09% for the high point.

11.360

11.480

11.470

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 for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of E.ON SE NA O.N. indicates that the overall trend is strongly bullish. 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 is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.198	11.268	11.405	11.470	11.475	11.585	11.687
Change (%)	-2.37%	-1.76%	-0.57%	-	+0.04%	+1.00%	+1.89%
Change	-0.272	-0.202	-0.065	-	+0.005	+0.115	+0.217
Level	Intermediate	Major	Intermediate	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.163	11.237	11.283	11.357	11.403	11.477	11.523
Camarilla	11.297	11.308	11.319	11.330	11.341	11.352	11.363
Woodie	11.150	11.230	11.270	11.350	11.390	11.470	11.510
Fibonacci	11.237	11.283	11.311	11.357	11.403	11.431	11.477

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.898	11.017	11.168	11.287	11.438	11.557	11.708
Camarilla	11.246	11.271	11.295	11.320	11.345	11.370	11.394
Woodie	10.915	11.025	11.185	11.295	11.455	11.565	11.725
Fibonacci	11.017	11.120	11.184	11.287	11.390	11.454	11.557

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.188	10.594	10.952	11.358	11.716	12.122	12.480
Camarilla	11.100	11.170	11.240	11.310	11.380	11.450	11.520
Woodie	10.164	10.582	10.928	11.346	11.692	12.110	12.456
Fibonacci	10.594	10.886	11.066	11.358	11.650	11.830	12.122

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):	62.79
MACD (12,26,9):	0.0200
Directional Movement:	22.088
AROON (14):	14.286
DEMA (21):	11.404
Parabolic SAR (0,02-0,02-0,2):	11.510
Elder Ray (13):	0.075
Super Trend (3,10):	11.302
Zig ZAG (10):	11.475
VORTEX (21):	1.0500
Stochastique (14,3,5):	66.36
TEMA (21):	11.408
Williams %R (14):	-5.88
Chande Momentum Oscillator (20):	0.080
Repulse (5,40,3):	0.7030
ROCnROLL:	1
TRIX (15,9):	0.0240
Courbe Coppock:	0.68

MA7:	11.335
MA20:	11.316
MA50:	11.345
MA100:	10.588
MAexp7:	11.400
MAexp20:	11.377
MAexp50:	11.343
MAexp100:	11.330
Price / MA7:	+1.19%
Price / MA20:	+1.36%
Price / MA50:	+1.10%
Price / MA100:	+8.33%
Price / MAexp7:	+0.61%
Price / MAexp20:	+0.82%
Price / MAexp50:	+1.12%
Price / MAexp100:	+1.24%

Quotes : - 15 min delayed data - Actions Allemagne

News

The last news published on E.ON SE NA O.N. at the time of the generation of this analysis was as follows: