KINEPOLIS GROUP - 1H - Technical analysis published on 02/23/2024 (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
56%
22%
22%
My opinion
Bullish above 41.00 EUR
My targets
43.40 EUR (+3.33%)
44.44 EUR (+5.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KINEPOLIS GROUP as long as the price remains well above 41.00 EUR. The buyers' bullish objective is set at 43.40 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 44.44 EUR. If there is any crossing, the next objective would be the resistance located at 47.05 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.1
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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 42.00 EUR. On the day, this instrument gained +3.96% with the lowest point at 41.60 EUR and the highest point at 44.60 EUR. The deviation from the price is +0.96% for the low point and -5.83% for the high point.41.60
44.60
42.00
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KINEPOLIS GROUP:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KINEPOLIS GROUP chart shows a strongly 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 scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 10 are bullish, 4 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 39.90 | 41.00 | 41.80 | 42.00 | 42.20 | 44.44 | 47.05 |
| Change (%) | -5.00% | -2.38% | -0.48% | - | +0.48% | +5.81% | +12.02% |
| Change | -2.10 | -1.00 | -0.20 | - | +0.20 | +2.44 | +5.05 |
| Level | Major | Major | Minor | - | Intermediate | 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 | 37.87 | 39.73 | 40.87 | 42.73 | 43.87 | 45.73 | 46.87 |
| Camarilla | 41.18 | 41.45 | 41.73 | 42.00 | 42.28 | 42.55 | 42.83 |
| Woodie | 37.50 | 39.55 | 40.50 | 42.55 | 43.50 | 45.55 | 46.50 |
| Fibonacci | 39.73 | 40.88 | 41.59 | 42.73 | 43.88 | 44.59 | 45.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.45 | 39.40 | 40.45 | 41.40 | 42.45 | 43.40 | 44.45 |
| Camarilla | 40.95 | 41.13 | 41.32 | 41.50 | 41.68 | 41.87 | 42.05 |
| Woodie | 38.50 | 39.43 | 40.50 | 41.43 | 42.50 | 43.43 | 44.50 |
| Fibonacci | 39.40 | 40.16 | 40.64 | 41.40 | 42.16 | 42.64 | 43.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.10 | 34.65 | 37.90 | 41.45 | 44.70 | 48.25 | 51.50 |
| Camarilla | 39.28 | 39.90 | 40.53 | 41.15 | 41.77 | 42.40 | 43.02 |
| Woodie | 30.95 | 34.58 | 37.75 | 41.38 | 44.55 | 48.18 | 51.35 |
| Fibonacci | 34.65 | 37.25 | 38.85 | 41.45 | 44.05 | 45.65 | 48.25 |
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): | 56.48 | |
| MACD (12,26,9): | 0.3300 | |
| Directional Movement: | 17.21 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 42.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.81 | |
| Elder Ray (13): | 0.30 | |
| Super Trend (3,10): | 41.66 | |
| Zig ZAG (10): | 42.00 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 43.07 | |
| TEMA (21): | 42.33 | |
| Williams %R (14): | -58.43 | |
| Chande Momentum Oscillator (20): | 1.70 | |
| Repulse (5,40,3): | -0.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 7.96 |
| MA7: | 41.36 | |
| MA20: | 41.00 | |
| MA50: | 42.41 | |
| MA100: | 44.42 | |
| MAexp7: | 42.05 | |
| MAexp20: | 41.64 | |
| MAexp50: | 41.40 | |
| MAexp100: | 41.28 | |
| Price / MA7: | +1.55% | |
| Price / MA20: | +2.44% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | -5.45% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +1.45% | |
| Price / MAexp100: | +1.74% |
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 achieved record results in 2023
- Update share buyback program (12 February 2024)
- Update share buyback program (15 January 2024)
- Update share buyback program (3 January 2024)
- Kinepolis reports strong third quarter following strong first half
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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