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 - 1H - Technical analysis published on 10/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 193.6 EUR

My targets

197.9 EUR (+1.18%)

200.4 EUR (+2.45%)

My analysis

The bullish trend is currently very strong on DIETEREN GROUP. As long as the price remains above the support at 193.6 EUR, you could try to benefit from the boom. The first bullish objective is located at 197.9 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 200.4 EUR as an objective. Crossing it would then enable buyers to target 205.9 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Comment on the analysis

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.

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Additional analysis

Quotes

The DIETEREN GROUP rating is 195.6 EUR. The price has increased by +0.36% since the last closing and was traded between 194.4 EUR and 196.5 EUR over the period. The price is currently at +0.62% from its lowest and -0.46% from its highest.

194.4

196.5

195.6

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DIETEREN GROUP:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of DIETEREN GROUP 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 currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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 triangle

Type : Bearish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	187.5	189.7	193.6	195.6	196.3	197.9	200.4
Change (%)	-4.14%	-3.02%	-1.02%	-	+0.36%	+1.18%	+2.45%
Change	-8.1	-5.9	-2.0	-	+0.7	+2.3	+4.8
Level	Intermediate	Major	Major	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	188.9	190.7	192.8	194.6	196.7	198.5	200.6
Camarilla	193.8	194.2	194.5	194.9	195.3	195.6	196.0
Woodie	189.1	190.8	193.0	194.7	196.9	198.6	200.8
Fibonacci	190.7	192.2	193.1	194.6	196.1	197.0	198.5

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	183.3	185.6	189.4	191.7	195.5	197.8	201.6
Camarilla	191.4	192.0	192.5	193.1	193.7	194.2	194.8
Woodie	184.0	186.0	190.1	192.1	196.2	198.2	202.3
Fibonacci	185.6	188.0	189.4	191.7	194.1	195.5	197.8

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	134.9	161.3	175.6	202.0	216.3	242.7	257.0
Camarilla	178.7	182.4	186.2	189.9	193.6	197.4	201.1
Woodie	128.9	158.3	169.6	199.0	210.3	239.7	251.0
Fibonacci	161.3	176.9	186.5	202.0	217.6	227.2	242.7

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):	58.30
MACD (12,26,9):	0.7000
Directional Movement:	17.5
AROON (14):	64.3
DEMA (21):	195.7
Parabolic SAR (0,02-0,02-0,2):	193.2
Elder Ray (13):	0.7
Super Trend (3,10):	192.9
Zig ZAG (10):	195.6
VORTEX (21):	1.1000
Stochastique (14,3,5):	80.00
TEMA (21):	195.9
Williams %R (14):	-22.50
Chande Momentum Oscillator (20):	1.8
Repulse (5,40,3):	-0.2000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	1.20

MA7:	193.2
MA20:	192.3
MA50:	203.1
MA100:	202.8
MAexp7:	195.5
MAexp20:	194.8
MAexp50:	193.7
MAexp100:	193.3
Price / MA7:	+1.24%
Price / MA20:	+1.72%
Price / MA50:	-3.69%
Price / MA100:	-3.55%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.41%
Price / MAexp50:	+0.98%
Price / MAexp100:	+1.19%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on DIETEREN GROUP at the time of the generation of this analysis was as follows:

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

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