KINEPOLIS GROUP
KINEPOLIS GROUP
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: KIN
ISIN: BE0974274061

KINEPOLIS GROUP - Daily - Technical analysis published on 12/31/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 57.4 EUR
My targets
61.3 EUR (+3.55%)
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 57.4 EUR. The buyers” bullish objective is set at 61.3 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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
6.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

KINEPOLIS GROUP rating 59.2 EUR. On the day, this instrument gained +0.68% and was traded between 58.6 EUR and 59.2 EUR over the period. The price is currently at +1.02% from its lowest and 0% from its highest.

58.6
59.2
59.2

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by KINEPOLIS GROUP:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of KINEPOLIS GROUP indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 54.9 57.4 58.6 59.2 59.9 61.3
Change (%) -7.26% -3.04% -1.01% - +1.18% +3.55%
Change -4.3 -1.8 -0.6 - +0.7 +2.1
Level Major Major Major - Minor Major



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
Standard58.058.458.659.059.259.659.8
Camarilla58.658.758.858.858.958.959.0
Woodie57.958.458.559.059.159.659.7
Fibonacci58.458.658.859.059.259.459.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.657.358.258.959.860.561.4
Camarilla58.858.959.159.259.459.559.6
Woodie56.857.458.459.060.060.661.6
Fibonacci57.357.958.358.959.559.960.5


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard53.455.558.260.363.065.167.8
Camarilla59.760.160.661.061.461.962.3
Woodie53.855.758.660.563.465.368.2
Fibonacci55.557.358.460.362.163.265.1

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): 52.40
MACD (12,26,9): -0.1000
Directional Movement: -4.3
AROON (14): -21.4
DEMA (21): 58.7
Parabolic SAR (0,02-0,02-0,2): 59.5
Elder Ray (13): 0.1
Super Trend (3,10): 60.9
Zig ZAG (10): 59.2
VORTEX (21): 0.9000
Stochastique (14,3,5): 74.00
TEMA (21): 58.5
Williams %R (14): -11.10
Chande Momentum Oscillator (20): 0.5
Repulse (5,40,3): 0.9000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.70
MA7: 58.6
MA20: 58.7
MA50: 59.0
MA100: 57.0
MAexp7: 58.8
MAexp20: 58.8
MAexp50: 58.5
MAexp100: 57.0
Price / MA7: +1.02%
Price / MA20: +0.85%
Price / MA50: +0.34%
Price / MA100: +3.86%
Price / MAexp7: +0.68%
Price / MAexp20: +0.68%
Price / MAexp50: +1.20%
Price / MAexp100: +3.86%

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

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