THE KRAFT HEINZ CO. - 1H - Technical analysis published on 02/21/2021 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
6%
50%
44%
My opinion
Bullish above 35.93 USD
My targets
39.22 USD (+4.64%)
39.74 USD (+6.03%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 35.93 USD remains possible. It is advisable to trade THE KRAFT HEINZ CO. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 35.93 USD. The next bullish objective for buyers is set at 39.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 39.74 USD. If there is any crossing, the next objective would be the resistance located at 64.47 USD. PS: if there is a bearish break in the support located at 35.93 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.8
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Additional analysis
Quotes
THE KRAFT HEINZ CO. rating 37.48 USD. On the day, this instrument lost -3.80% and was between 37.18 USD and 38.65 USD. This implies that the price is at +0.81% from its lowest and at -3.03% from its highest.37.18
38.65
37.48
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of THE KRAFT HEINZ CO. in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.11 | 35.29 | 35.93 | 37.48 | 39.22 | 64.47 | 81.92 |
| Change (%) | -8.99% | -5.84% | -4.14% | - | +4.64% | +72.01% | +118.57% |
| Change | -3.37 | -2.19 | -1.55 | - | +1.74 | +26.99 | +44.44 |
| Level | Minor | Intermediate | Major | - | Intermediate | 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 | 35.11 | 35.99 | 37.47 | 38.35 | 39.83 | 40.71 | 42.19 |
| Camarilla | 38.31 | 38.53 | 38.74 | 38.96 | 39.18 | 39.39 | 39.61 |
| Woodie | 35.42 | 36.14 | 37.78 | 38.50 | 40.14 | 40.86 | 42.50 |
| Fibonacci | 35.99 | 36.89 | 37.45 | 38.35 | 39.25 | 39.81 | 40.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.74 | 32.09 | 33.74 | 35.09 | 36.74 | 38.09 | 39.74 |
| Camarilla | 34.57 | 34.84 | 35.12 | 35.39 | 35.67 | 35.94 | 36.22 |
| Woodie | 30.89 | 32.17 | 33.89 | 35.17 | 36.89 | 38.17 | 39.89 |
| Fibonacci | 32.09 | 33.24 | 33.94 | 35.09 | 36.24 | 36.94 | 38.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.95 | 29.77 | 31.64 | 33.47 | 35.34 | 37.16 | 39.03 |
| Camarilla | 32.49 | 32.83 | 33.17 | 33.51 | 33.85 | 34.19 | 34.53 |
| Woodie | 27.97 | 29.78 | 31.66 | 33.48 | 35.36 | 37.17 | 39.05 |
| Fibonacci | 29.77 | 31.19 | 32.06 | 33.47 | 34.88 | 35.75 | 37.16 |
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): | 52.99 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 6.68 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 38.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.02 | |
| Elder Ray (13): | -0.17 | |
| Super Trend (3,10): | 39.08 | |
| Zig ZAG (10): | 37.48 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 39.24 | |
| TEMA (21): | 38.26 | |
| Williams %R (14): | -73.73 | |
| Chande Momentum Oscillator (20): | -1.25 | |
| Repulse (5,40,3): | -1.4700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 5.01 |
| MA7: | 36.23 | |
| MA20: | 34.53 | |
| MA50: | 34.13 | |
| MA100: | 32.86 | |
| MAexp7: | 37.84 | |
| MAexp20: | 37.55 | |
| MAexp50: | 36.44 | |
| MAexp100: | 35.43 | |
| Price / MA7: | +3.45% | |
| Price / MA20: | +8.54% | |
| Price / MA50: | +9.82% | |
| Price / MA100: | +14.06% | |
| Price / MAexp7: | -0.95% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | +2.85% | |
| Price / MAexp100: | +5.79% |
Quotes :
2021-02-19 20:59:59
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on THE KRAFT HEINZ CO. at the time of the analysis were as follows:
- Kraft Heinz Announces Agreement to Sell Its Nuts Business to Hormel Foods
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share
- Kraft Heinz Reports Fourth Quarter and Full Year 2020 Results
- Philadelphia® Cream Cheese Launches Single-Serve Cheesecake to Help Avoid ‘The Last-Bite Dilemma’
- MR. PEANUT Shelling out $5 Million to Reward Little Acts of Extraordinary Substance Starting Big Game Week
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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