Londinia Opportunities Analyses - 05/03/2024 (GMT) MTU AERO ENGINES NA O.N. - 1H
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EUR
(-)
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15 min delayed data - Germany Stocks
| Type: | Stocks |
| Ticker: | MTX |
| ISIN: | DE000A0D9PT0 |
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:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 224.9 EUR
My targets
229.4 EUR (+1.19%)
235.2 EUR (+3.75%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MTU AERO ENGINES NA O.N. as long as the price remains well above 224.9 EUR. The buyers' bullish objective is set at 229.4 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 235.2 EUR. If there is any crossing, the next objective would be the resistance located at 241.1 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.9
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Additional analysis
Quotes
MTU AERO ENGINES NA O.N. rating 226.7 EUR. The price registered an increase of +2.91% on the session and was between 221.3 EUR and 228.9 EUR. This implies that the price is at +2.44% from its lowest and at -0.96% from its highest.221.3
228.9
226.7
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MTU AERO ENGINES NA O.N. in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 211.8 | 217.4 | 224.9 | 226.7 | 229.4 | 235.2 | 241.1 |
| Change (%) | -6.57% | -4.10% | -0.79% | - | +1.19% | +3.75% | +6.35% |
| Change | -14.9 | -9.3 | -1.8 | - | +2.7 | +8.5 | +14.4 |
| Level | Major | Major | Intermediate | - | Intermediate | Major | Major |
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 | 206.4 | 211.4 | 215.9 | 220.9 | 225.4 | 230.4 | 234.9 |
| Camarilla | 217.7 | 218.6 | 219.4 | 220.3 | 221.2 | 222.0 | 222.9 |
| Woodie | 206.1 | 211.3 | 215.6 | 220.8 | 225.1 | 230.3 | 234.6 |
| Fibonacci | 211.4 | 215.1 | 217.3 | 220.9 | 224.6 | 226.8 | 230.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 203.6 | 208.1 | 215.8 | 220.3 | 228.0 | 232.5 | 240.2 |
| Camarilla | 220.1 | 221.2 | 222.3 | 223.4 | 224.5 | 225.6 | 226.8 |
| Woodie | 205.1 | 208.9 | 217.3 | 221.1 | 229.5 | 233.3 | 241.7 |
| Fibonacci | 208.1 | 212.8 | 215.7 | 220.3 | 225.0 | 227.9 | 232.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.6 | 194.1 | 210.4 | 224.9 | 241.2 | 255.7 | 272.0 |
| Camarilla | 218.1 | 221.0 | 223.8 | 226.6 | 229.4 | 232.3 | 235.1 |
| Woodie | 180.4 | 194.6 | 211.2 | 225.4 | 242.0 | 256.2 | 272.8 |
| Fibonacci | 194.1 | 205.9 | 213.2 | 224.9 | 236.7 | 244.0 | 255.7 |
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): | 64.30 | |
| MACD (12,26,9): | 0.6000 | |
| Directional Movement: | 16.2 | |
| AROON (14): | 85.8 | |
| DEMA (21): | 224.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 220.0 | |
| Elder Ray (13): | 3.2 | |
| Super Trend (3,10): | 220.8 | |
| Zig ZAG (10): | 226.8 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 86.90 | |
| TEMA (21): | 224.4 | |
| Williams %R (14): | -19.40 | |
| Chande Momentum Oscillator (20): | 6.2 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.20 |
| MA7: | 223.7 | |
| MA20: | 219.8 | |
| MA50: | 223.3 | |
| MA100: | 214.5 | |
| MAexp7: | 224.9 | |
| MAexp20: | 223.8 | |
| MAexp50: | 222.7 | |
| MAexp100: | 221.4 | |
| Price / MA7: | +1.34% | |
| Price / MA20: | +3.14% | |
| Price / MA50: | +1.52% | |
| Price / MA100: | +5.69% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.30% | |
| Price / MAexp50: | +1.80% | |
| Price / MAexp100: | +2.39% |
Quotes :
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15 min delayed data
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Actions Allemagne
News
The last news published on MTU AERO ENGINES NA O.N. at the time of the generation of this analysis was as follows:
- EQS-Adhoc: MTU Aero Engines AG Executive Board proposes a dividend of € 2.00 per share for the 2023 financial year and forecasts growth in all market segments
- EQS-Adhoc: Expanded geared turbofan inspection program puts burden on MTU Aero Engines
- EQS-Adhoc: MTU Aero Engines AG: Key figures of MTU Aero Engines AG in the first quarter 2023 exceed market expectations
- DGAP-Adhoc: CEO change at MTU Aero Engines AG
- DGAP-Adhoc: MTU Aero Engines AG publishes new forecast for the 2020 fiscal year