KPN KON - Daily - Technical analysis published on 05/29/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 3.347 EUR
My targets
3.487 EUR (+0.96%)
3.566 EUR (+3.24%)
My analysis
KPN KON is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.347 EUR. The next resistance located at 3.487 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.566 EUR. After this resistance, buyers could then target 3.680 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
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
The KPN KON price is 3.454 EUR. On the day, this instrument gained +1.11% with the lowest point at 3.409 EUR and the highest point at 3.457 EUR. The deviation from the price is +1.32% for the low point and -0.09% for the high point.3.409
3.457
3.454
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of KPN KON indicates that the overall trend is strongly bullish. 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. 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
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.274 | 3.347 | 3.433 | 3.454 | 3.494 |
| Change (%) | -5.21% | -3.10% | -0.61% | - | +1.16% |
| Change | -0.180 | -0.107 | -0.021 | - | +0.040 |
| Level | Minor | Intermediate | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.355 | 3.385 | 3.401 | 3.431 | 3.447 | 3.477 | 3.493 |
| Camarilla | 3.403 | 3.408 | 3.412 | 3.416 | 3.420 | 3.424 | 3.429 |
| Woodie | 3.347 | 3.382 | 3.393 | 3.428 | 3.439 | 3.474 | 3.485 |
| Fibonacci | 3.385 | 3.403 | 3.414 | 3.431 | 3.449 | 3.460 | 3.477 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.318 | 3.365 | 3.405 | 3.452 | 3.492 | 3.539 | 3.579 |
| Camarilla | 3.420 | 3.428 | 3.436 | 3.444 | 3.452 | 3.460 | 3.468 |
| Woodie | 3.314 | 3.363 | 3.401 | 3.450 | 3.488 | 3.537 | 3.575 |
| Fibonacci | 3.365 | 3.399 | 3.419 | 3.452 | 3.486 | 3.506 | 3.539 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.101 | 3.180 | 3.294 | 3.373 | 3.487 | 3.566 | 3.680 |
| Camarilla | 3.355 | 3.373 | 3.390 | 3.408 | 3.426 | 3.443 | 3.461 |
| Woodie | 3.119 | 3.189 | 3.312 | 3.382 | 3.505 | 3.575 | 3.698 |
| Fibonacci | 3.180 | 3.254 | 3.299 | 3.373 | 3.447 | 3.492 | 3.566 |
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): | 57.97 | |
| MACD (12,26,9): | 0.0230 | |
| Directional Movement: | 4.459 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 3.459 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.487 | |
| Elder Ray (13): | -0.004 | |
| Super Trend (3,10): | 3.379 | |
| Zig ZAG (10): | 3.455 | |
| VORTEX (21): | 0.9710 | |
| Stochastique (14,3,5): | 50.99 | |
| TEMA (21): | 3.455 | |
| Williams %R (14): | -47.37 | |
| Chande Momentum Oscillator (20): | 0.017 | |
| Repulse (5,40,3): | 0.7770 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1180 | |
| Courbe Coppock: | 2.79 |
| MA7: | 3.439 | |
| MA20: | 3.425 | |
| MA50: | 3.365 | |
| MA100: | 3.271 | |
| MAexp7: | 3.442 | |
| MAexp20: | 3.426 | |
| MAexp50: | 3.372 | |
| MAexp100: | 3.299 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | +0.85% | |
| Price / MA50: | +2.64% | |
| Price / MA100: | +5.59% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | +0.82% | |
| Price / MAexp50: | +2.43% | |
| Price / MAexp100: | +4.70% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The latest news and videos published on KPN KON at the time of the analysis were as follows:
- KPN reports on progress of € 200m share buyback
- KPN reports on progress of € 200m share buyback
- KPN reports on progress of € 200m share buyback
- KPN reports on progress of € 200m share buyback
- KPN reports on progress of € 200m share buyback
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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