DIETEREN GROUP
DIETEREN GROUP
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DIE
ISIN: BE0974259880

DIETEREN GROUP - Daily - Technical analysis published on 01/02/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 170.7 EUR
My targets
188.4 EUR (+4.26%)
My analysis
DIETEREN 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 170.7 EUR. The next resistance located at 188.4 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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, 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
0
10
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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

DIETEREN GROUP rating 180.7 EUR. On the day, this instrument gained +2.15% with the lowest point at 178.6 EUR and the highest point at 181.1 EUR. The deviation from the price is +1.18% for the low point and -0.22% for the high point.

178.6
181.1
180.7

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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 study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DIETEREN GROUP in Daily shows a strongly overall bullish trend. 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.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 147.7 156.3 170.7 180.7 188.4
Change (%) -18.26% -13.50% -5.53% - +4.26%
Change -33.0 -24.4 -10.0 - +7.7
Level Minor Intermediate Major - Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard175.0175.8176.4177.2177.8178.6179.2
Camarilla176.5176.6176.8176.9177.0177.2177.3
Woodie174.8175.8176.2177.2177.6178.6179.0
Fibonacci175.8176.4176.7177.2177.8178.1178.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard173.6175.2176.0177.6178.4180.0180.8
Camarilla176.2176.5176.7176.9177.1177.3177.6
Woodie173.3175.0175.7177.4178.1179.8180.5
Fibonacci175.2176.1176.7177.6178.5179.1180.0


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard138.0146.6161.8170.4185.6194.2209.4
Camarilla170.4172.5174.7176.9179.1181.3183.5
Woodie141.2148.3165.0172.1188.8195.9212.6
Fibonacci146.6155.7161.3170.4179.5185.1194.2

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): 82.90
MACD (12,26,9): 6.1000
Directional Movement: 32.3
AROON (14): 100.0
DEMA (21): 177.6
Parabolic SAR (0,02-0,02-0,2): 175.0
Elder Ray (13): 6.7
Super Trend (3,10): 170.8
Zig ZAG (10): 180.1
VORTEX (21): 1.3000
Stochastique (14,3,5): 92.70
TEMA (21): 180.5
Williams %R (14): -4.80
Chande Momentum Oscillator (20): 16.8
Repulse (5,40,3): 0.6000
ROCnROLL: 1
TRIX (15,9): 0.5000
Courbe Coppock: 21.30
MA7: 177.1
MA20: 168.3
MA50: 156.8
MA100: 156.3
MAexp7: 176.6
MAexp20: 169.9
MAexp50: 162.4
MAexp100: 159.7
Price / MA7: +2.03%
Price / MA20: +7.37%
Price / MA50: +15.24%
Price / MA100: +15.61%
Price / MAexp7: +2.32%
Price / MAexp20: +6.36%
Price / MAexp50: +11.27%
Price / MAexp100: +13.15%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


Don't forget to follow the news on DIETEREN GROUP. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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