KENDRION

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	KENDR
ISIN:	NL0000852531

KENDRION - Daily - Technical analysis published on 11/12/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

72%

28%

My opinion

Bearish under 11.65 EUR

My targets

10.92 EUR (-3.87%)

10.51 EUR (-7.48%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on KENDRION. As long as you are under the resistance located at 11.65 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 10.92 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 10.51 EUR as an objective. Crossing it would then enable sellers to target 7.53 EUR. If the resistance 11.65 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.9

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 KENDRION rating is 11.36 EUR. On the day, this instrument gained +2.53% with the lowest point at 11.00 EUR and the highest point at 11.54 EUR. The deviation from the price is +3.27% for the low point and -1.56% for the high point.

11.00

11.54

11.36

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

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of KENDRION in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.53	10.51	10.92	11.36	11.65	13.14	14.05
Change (%)	-33.71%	-7.48%	-3.87%	-	+2.55%	+15.67%	+23.68%
Change	-3.83	-0.85	-0.44	-	+0.29	+1.78	+2.69
Level	Intermediate	Major	Intermediate	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.71	10.83	10.95	11.07	11.19	11.31	11.43
Camarilla	11.01	11.04	11.06	11.08	11.10	11.12	11.15
Woodie	10.72	10.83	10.96	11.07	11.20	11.31	11.44
Fibonacci	10.83	10.92	10.98	11.07	11.16	11.22	11.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.60	10.76	10.88	11.04	11.16	11.32	11.44
Camarilla	10.92	10.95	10.97	11.00	11.03	11.05	11.08
Woodie	10.58	10.75	10.86	11.03	11.14	11.31	11.42
Fibonacci	10.76	10.87	10.93	11.04	11.15	11.21	11.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.61	10.21	10.57	11.17	11.53	12.13	12.49
Camarilla	10.66	10.74	10.83	10.92	11.01	11.10	11.18
Woodie	9.48	10.15	10.44	11.11	11.40	12.07	12.36
Fibonacci	10.21	10.58	10.81	11.17	11.54	11.77	12.13

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):	55.43
MACD (12,26,9):	-0.1000
Directional Movement:	14.04
AROON (14):	64.29
DEMA (21):	11.01
Parabolic SAR (0,02-0,02-0,2):	10.83
Elder Ray (13):	0.14
Super Trend (3,10):	11.50
Zig ZAG (10):	11.40
VORTEX (21):	0.8900
Stochastique (14,3,5):	55.25
TEMA (21):	11.07
Williams %R (14):	-19.44
Chande Momentum Oscillator (20):	0.26
Repulse (5,40,3):	3.4700
ROCnROLL:	-1
TRIX (15,9):	-0.1900
Courbe Coppock:	3.49

MA7:	11.07
MA20:	11.16
MA50:	11.49
MA100:	11.99
MAexp7:	11.13
MAexp20:	11.17
MAexp50:	11.47
MAexp100:	11.82
Price / MA7:	+2.62%
Price / MA20:	+1.79%
Price / MA50:	-1.13%
Price / MA100:	-5.25%
Price / MAexp7:	+2.07%
Price / MAexp20:	+1.70%
Price / MAexp50:	-0.96%
Price / MAexp100:	-3.89%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on KENDRION 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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