KPN KON - 1H - Technical analysis published on 11/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 3.607 EUR
My targets
3.566 EUR (-0.59%)
3.380 EUR (-5.77%)
My analysis
KPN KON is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.607 EUR. The next support located at 3.566 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.380 EUR. Below this support, sellers could then target 3.285 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KPN KON rating 3.587 EUR. On the day, this instrument lost -0.69% and was between 3.587 EUR and 3.623 EUR. This implies that the price is at 0% from its lowest and at -0.99% from its highest.3.587
3.623
3.587
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KPN KON:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KPN KON chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.285 | 3.380 | 3.566 | 3.587 | 3.587 | 3.607 | 3.660 |
| Change (%) | -8.42% | -5.77% | -0.59% | 0% | - | +0.56% | +2.04% |
| Change | -0.302 | -0.207 | -0.021 | 0 | - | +0.020 | +0.073 |
| Level | Minor | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.563 | 3.579 | 3.595 | 3.611 | 3.627 | 3.643 | 3.659 |
| Camarilla | 3.603 | 3.606 | 3.609 | 3.612 | 3.615 | 3.618 | 3.621 |
| Woodie | 3.564 | 3.579 | 3.596 | 3.611 | 3.628 | 3.643 | 3.660 |
| Fibonacci | 3.579 | 3.591 | 3.598 | 3.611 | 3.623 | 3.630 | 3.643 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.269 | 3.417 | 3.523 | 3.671 | 3.777 | 3.925 | 4.031 |
| Camarilla | 3.558 | 3.581 | 3.605 | 3.628 | 3.651 | 3.675 | 3.698 |
| Woodie | 3.247 | 3.407 | 3.501 | 3.661 | 3.755 | 3.915 | 4.009 |
| Fibonacci | 3.417 | 3.514 | 3.574 | 3.671 | 3.768 | 3.828 | 3.925 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.245 | 3.406 | 3.499 | 3.660 | 3.753 | 3.914 | 4.007 |
| Camarilla | 3.523 | 3.546 | 3.570 | 3.593 | 3.616 | 3.640 | 3.663 |
| Woodie | 3.212 | 3.389 | 3.466 | 3.643 | 3.720 | 3.897 | 3.974 |
| Fibonacci | 3.406 | 3.503 | 3.563 | 3.660 | 3.757 | 3.817 | 3.914 |
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): | 42.08 | |
| MACD (12,26,9): | -0.0070 | |
| Directional Movement: | -2.071 | |
| AROON (14): | -28.571 | |
| DEMA (21): | 3.603 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.588 | |
| Elder Ray (13): | 0.002 | |
| Super Trend (3,10): | 3.634 | |
| Zig ZAG (10): | 3.599 | |
| VORTEX (21): | 0.8640 | |
| Stochastique (14,3,5): | 46.55 | |
| TEMA (21): | 3.604 | |
| Williams %R (14): | -69.23 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | -0.4350 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0290 | |
| Courbe Coppock: | 0.81 |
| MA7: | 3.616 | |
| MA20: | 3.707 | |
| MA50: | 3.693 | |
| MA100: | 3.641 | |
| MAexp7: | 3.603 | |
| MAexp20: | 3.613 | |
| MAexp50: | 3.633 | |
| MAexp100: | 3.662 | |
| Price / MA7: | -0.80% | |
| Price / MA20: | -3.24% | |
| Price / MA50: | -2.87% | |
| Price / MA100: | -1.48% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -1.27% | |
| Price / MAexp100: | -2.05% |
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 delivers organic growth in all segments and confirms guidance
- KPN EGM approves appointment of Rob Shuter to Supervisory Board
- KPN calls EGM to appoint Mr Rob Shuter to the Supervisory Board
- KPN continues to deliver on strategic and financial objectives
- KPN nominates Rob Shuter to Supervisory Board
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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