KINEPOLIS GROUP - 1H - Technical analysis published on 12/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 45.02 EUR
My targets
46.16 EUR (+1.45%)
46.55 EUR (+2.31%)
My analysis
KINEPOLIS 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 45.02 EUR. The next resistance located at 46.16 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 46.55 EUR. After this resistance, buyers could then target 47.33 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.
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
0
10
7.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KINEPOLIS GROUP rating 45.50 EUR. The price registered an increase of +3.88% on the session and was between 43.50 EUR and 45.60 EUR. This implies that the price is at +4.60% from its lowest and at -0.22% from its highest.43.50
45.60
45.50
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KINEPOLIS GROUP:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of KINEPOLIS GROUP in 1H shows a strongly overall bullish trend. 85.71% 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 is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43.50 | 44.44 | 45.02 | 45.50 | 45.65 | 46.16 | 46.55 |
| Change (%) | -4.40% | -2.33% | -1.05% | - | +0.33% | +1.45% | +2.31% |
| Change | -2.00 | -1.06 | -0.48 | - | +0.15 | +0.66 | +1.05 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 42.03 | 42.77 | 44.13 | 44.87 | 46.23 | 46.97 | 48.33 |
| Camarilla | 44.92 | 45.12 | 45.31 | 45.50 | 45.69 | 45.89 | 46.08 |
| Woodie | 42.35 | 42.93 | 44.45 | 45.03 | 46.55 | 47.13 | 48.65 |
| Fibonacci | 42.77 | 43.57 | 44.06 | 44.87 | 45.67 | 46.16 | 46.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.03 | 42.77 | 44.13 | 44.87 | 46.23 | 46.97 | 48.33 |
| Camarilla | 44.92 | 45.12 | 45.31 | 45.50 | 45.69 | 45.89 | 46.08 |
| Woodie | 42.35 | 42.93 | 44.45 | 45.03 | 46.55 | 47.13 | 48.65 |
| Fibonacci | 42.77 | 43.57 | 44.06 | 44.87 | 45.67 | 46.16 | 46.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.57 | 42.73 | 44.07 | 46.23 | 47.57 | 49.73 | 51.07 |
| Camarilla | 44.44 | 44.76 | 45.08 | 45.40 | 45.72 | 46.04 | 46.36 |
| Woodie | 40.15 | 42.53 | 43.65 | 46.03 | 47.15 | 49.53 | 50.65 |
| Fibonacci | 42.73 | 44.07 | 44.90 | 46.23 | 47.57 | 48.40 | 49.73 |
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): | 73.72 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 21.94 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 44.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.24 | |
| Elder Ray (13): | 0.67 | |
| Super Trend (3,10): | 44.57 | |
| Zig ZAG (10): | 45.50 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 93.88 | |
| TEMA (21): | 45.22 | |
| Williams %R (14): | -4.76 | |
| Chande Momentum Oscillator (20): | 1.50 | |
| Repulse (5,40,3): | 0.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 4.68 |
| MA7: | 44.24 | |
| MA20: | 45.21 | |
| MA50: | 46.14 | |
| MA100: | 45.91 | |
| MAexp7: | 45.06 | |
| MAexp20: | 44.60 | |
| MAexp50: | 44.36 | |
| MAexp100: | 44.56 | |
| Price / MA7: | +2.85% | |
| Price / MA20: | +0.64% | |
| Price / MA50: | -1.39% | |
| Price / MA100: | -0.89% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +2.02% | |
| Price / MAexp50: | +2.57% | |
| Price / MAexp100: | +2.11% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The latest news and videos published on KINEPOLIS GROUP at the time of the analysis were as follows:
- Kinepolis reports strong third quarter following strong first half
- Record high revenue in the first half of 2023
- Update share buyback program (7 August 2023)
- Update share buyback program (10 July 2023)
- Kinepolis announces start of a share buyback program
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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