VERBUND AG INH. A - Daily - Technical analysis published on 05/29/2024 (GMT)
- 99
- 0
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 71.25 EUR
My targets
78.69 EUR (+5.27%)
81.56 EUR (+9.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VERBUND AG INH. A as long as the price remains well above 71.25 EUR. The buyers' bullish objective is set at 78.69 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 81.56 EUR. If there is any crossing, the next objective would be the resistance located at 85.97 EUR.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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Additional analysis
Quotes
The VERBUND AG INH. A price is 74.75 EUR. The price is lower by -0.73% since the last closing and was traded between 74.10 EUR and 74.85 EUR over the period. The price is currently at +0.88% from its lowest and -0.13% from its highest.74.10
74.85
74.75
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of VERBUND AG INH. A in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 64.72 | 67.70 | 71.25 | 74.75 | 74.85 | 78.69 | 81.56 |
Change (%) | -13.42% | -9.43% | -4.68% | - | +0.13% | +5.27% | +9.11% |
Change | -10.03 | -7.05 | -3.50 | - | +0.10 | +3.94 | +6.81 |
Level | Intermediate | Major | Minor | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 73.00 | 73.60 | 74.45 | 75.05 | 75.90 | 76.50 | 77.35 |
Camarilla | 74.90 | 75.03 | 75.17 | 75.30 | 75.43 | 75.57 | 75.70 |
Woodie | 73.13 | 73.66 | 74.58 | 75.11 | 76.03 | 76.56 | 77.48 |
Fibonacci | 73.60 | 74.15 | 74.50 | 75.05 | 75.60 | 75.95 | 76.50 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 67.52 | 69.78 | 73.32 | 75.58 | 79.12 | 81.38 | 84.92 |
Camarilla | 75.26 | 75.79 | 76.32 | 76.85 | 77.38 | 77.91 | 78.45 |
Woodie | 68.15 | 70.10 | 73.95 | 75.90 | 79.75 | 81.70 | 85.55 |
Fibonacci | 69.78 | 72.00 | 73.37 | 75.58 | 77.80 | 79.17 | 81.38 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 58.75 | 61.70 | 66.45 | 69.40 | 74.15 | 77.10 | 81.85 |
Camarilla | 69.08 | 69.79 | 70.49 | 71.20 | 71.91 | 72.61 | 73.32 |
Woodie | 59.65 | 62.15 | 67.35 | 69.85 | 75.05 | 77.55 | 82.75 |
Fibonacci | 61.70 | 64.64 | 66.46 | 69.40 | 72.34 | 74.16 | 77.10 |
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): | 57.51 | |
MACD (12,26,9): | 1.4300 | |
Directional Movement: | 11.41 | |
AROON (14): | 78.57 | |
DEMA (21): | 74.94 | |
Parabolic SAR (0,02-0,02-0,2): | 70.71 | |
Elder Ray (13): | 0.54 | |
Super Trend (3,10): | 71.45 | |
Zig ZAG (10): | 74.75 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 75.23 | |
TEMA (21): | 75.63 | |
Williams %R (14): | -34.64 | |
Chande Momentum Oscillator (20): | 4.20 | |
Repulse (5,40,3): | 4.2800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2400 | |
Courbe Coppock: | 8.86 |
MA7: | 74.80 | |
MA20: | 72.92 | |
MA50: | 70.42 | |
MA100: | 71.16 | |
MAexp7: | 74.80 | |
MAexp20: | 73.16 | |
MAexp50: | 71.65 | |
MAexp100: | 72.26 | |
Price / MA7: | -0.07% | |
Price / MA20: | +2.51% | |
Price / MA50: | +6.15% | |
Price / MA100: | +5.04% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | +2.17% | |
Price / MAexp50: | +4.33% | |
Price / MAexp100: | +3.45% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The latest news and videos published on VERBUND AG INH. A at the time of the analysis were as follows:
- EQS-News: VERBUND successfully places new EUR 500 million Green Bond including biodiversity
- EQS-News: VERBUND AG: Results for quarter 1/2024: slightly lower earnings despite good water supply
- EQS-AGM: VERBUND AG: Voting results for the 77th ordinary general meeting of Verbund AG on April 30, 2024
- EQS-AGM: VERBUND AG: Notice to convene the 77th Annual General Meeting of VERBUND AG
- EQS-News: VERBUND AG: 2023 annual results: VERBUND posts encouraging business performance in 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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