FASTNED
FASTNED
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FAST
ISIN: NL0013654809

FASTNED - Daily - Technical analysis published on 01/09/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 41.19 EUR
My targets
47.65 EUR (+7.70%)
49.30 EUR (+11.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FASTNED as long as the price remains well above 41.19 EUR. The buyers' bullish objective is set at 47.65 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 49.30 EUR. If there is any crossing, the next objective would be the resistance located at 69.00 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
9.1

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

Additional analysis

Quotes

The FASTNED rating is 44.24 EUR. The price registered an increase of +6.86% on the session and was between 41.68 EUR and 44.48 EUR. This implies that the price is at +6.14% from its lowest and at -0.54% from its highest.

41.68
44.48
44.24

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of FASTNED indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


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 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 31.44 35.46 37.00 44.24 49.30 69.00 103.80
Change (%) -28.93% -19.85% -16.37% - +11.44% +55.97% +134.63%
Change -12.80 -8.78 -7.24 - +5.06 +24.76 +59.56
Level Intermediate Major Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.6340.0140.7141.0941.7942.1742.87
Camarilla41.1041.2041.3041.4041.5041.6041.70
Woodie39.7840.0940.8641.1741.9442.2543.02
Fibonacci40.0140.4340.6841.0941.5141.7642.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.8737.0939.2540.4742.6343.8546.01
Camarilla40.4740.7841.0941.4041.7142.0242.33
Woodie36.3337.3339.7140.7143.0944.0946.47
Fibonacci37.0938.3839.1840.4741.7642.5643.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.2731.0534.7337.5141.1943.9747.65
Camarilla36.6237.2237.8138.4038.9939.5840.18
Woodie28.7131.2835.1737.7441.6344.2048.09
Fibonacci31.0533.5235.0537.5139.9841.5143.97

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 76.42
MACD (12,26,9): 1.9300
Directional Movement: 31.19
AROON (14): 100.00
DEMA (21): 41.49
Parabolic SAR (0,02-0,02-0,2): 38.40
Elder Ray (13): 2.92
Super Trend (3,10): 38.34
Zig ZAG (10): 44.22
VORTEX (21): 1.1900
Stochastique (14,3,5): 92.20
TEMA (21): 42.37
Williams %R (14): -3.31
Chande Momentum Oscillator (20): 5.86
Repulse (5,40,3): 9.1400
ROCnROLL: 1
TRIX (15,9): 0.6200
Courbe Coppock: 23.50
MA7: 41.04
MA20: 38.72
MA50: 35.78
MA100: 33.22
MAexp7: 41.38
MAexp20: 39.11
MAexp50: 36.47
MAexp100: 34.52
Price / MA7: +7.80%
Price / MA20: +14.26%
Price / MA50: +23.64%
Price / MA100: +33.17%
Price / MAexp7: +6.91%
Price / MAexp20: +13.12%
Price / MAexp50: +21.31%
Price / MAexp100: +28.16%

Quotes : - 15 min delayed data - Euronext Amsterdam

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

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