Londinia Opportunities Analyses - 05/06/2024 (GMT) KOREA ELECTRIC POWER - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	KEP
ISIN:	KR7015760002

Londinia

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

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 7.88 USD

My targets

8.20 USD (+2.89%)

8.32 USD (+4.39%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KOREA ELECTRIC POWER as long as the price remains well above 7.88 USD. The buyers' bullish objective is set at 8.20 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.32 USD. If there is any crossing, the next objective would be the resistance located at 9.18 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.8

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

KOREA ELECTRIC POWER rating 7.97 USD. The price registered an increase of +0.50% on the session with the lowest point at 7.91 USD and the highest point at 7.97 USD. The deviation from the price is +0.76% for the low point and 0% for the high point.

7.91

7.97

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in 1H of this KOREA ELECTRIC POWER chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.50	7.65	7.88	7.97	8.20	8.32	9.18
Change (%)	-5.90%	-4.02%	-1.13%	-	+2.89%	+4.39%	+15.18%
Change	-0.47	-0.32	-0.09	-	+0.23	+0.35	+1.21
Level	Major	Intermediate	Intermediate	-	Minor	Major	Minor

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	7.81	7.84	7.89	7.92	7.97	8.00	8.05
Camarilla	7.91	7.92	7.92	7.93	7.94	7.95	7.95
Woodie	7.81	7.85	7.89	7.93	7.97	8.01	8.05
Fibonacci	7.84	7.87	7.89	7.92	7.95	7.97	8.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.42	7.54	7.73	7.85	8.04	8.16	8.35
Camarilla	7.85	7.87	7.90	7.93	7.96	7.99	8.02
Woodie	7.47	7.56	7.78	7.87	8.09	8.18	8.40
Fibonacci	7.54	7.66	7.73	7.85	7.97	8.04	8.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.83	6.50	7.07	7.74	8.31	8.98	9.55
Camarilla	7.31	7.42	7.54	7.65	7.76	7.88	7.99
Woodie	5.79	6.48	7.03	7.72	8.27	8.96	9.51
Fibonacci	6.50	6.97	7.26	7.74	8.21	8.50	8.98

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):	67.56
MACD (12,26,9):	0.0500
Directional Movement:	28.41
AROON (14):	28.57
DEMA (21):	7.95
Parabolic SAR (0,02-0,02-0,2):	7.91
Elder Ray (13):	0.03
Super Trend (3,10):	7.85
Zig ZAG (10):	7.95
VORTEX (21):	1.1600
Stochastique (14,3,5):	72.17
TEMA (21):	7.97
Williams %R (14):	-10.00
Chande Momentum Oscillator (20):	0.09
Repulse (5,40,3):	0.3200
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	2.63

MA7:	7.80
MA20:	7.68
MA50:	8.36
MA100:	7.90
MAexp7:	7.94
MAexp20:	7.88
MAexp50:	7.80
MAexp100:	7.78
Price / MA7:	+2.18%
Price / MA20:	+3.78%
Price / MA50:	-4.67%
Price / MA100:	+0.89%
Price / MAexp7:	+0.38%
Price / MAexp20:	+1.14%
Price / MAexp50:	+2.18%
Price / MAexp100:	+2.44%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on KOREA ELECTRIC POWER at the time of the generation of this analysis was as follows: