THE KRAFT HEINZ CO.
THE KRAFT HEINZ CO.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: KHC
ISIN:

THE KRAFT HEINZ CO. - 1H - Technical analysis published on 12/23/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 34.51 USD
My targets
35.80 USD (+1.27%)
36.44 USD (+3.08%)
My analysis
The bullish trend is currently very strong on THE KRAFT HEINZ CO.. As long as the price remains above the support at 34.51 USD, you could try to benefit from the boom. The first bullish objective is located at 35.80 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 36.44 USD as an objective. Crossing it would then enable buyers to target 37.18 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The THE KRAFT HEINZ CO. price is 35.35 USD. The price has increased by +0.68% since the last closing and was traded between 35.19 USD and 35.46 USD over the period. The price is currently at +0.45% from its lowest and -0.31% from its highest.

35.19
35.46
35.35

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of THE KRAFT HEINZ CO. indicates that the overall trend is strongly bullish. 89.29% 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 scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 32.88 33.48 34.51 35.35 35.39 35.80 36.44
Change (%) -6.99% -5.29% -2.38% - +0.11% +1.27% +3.08%
Change -2.47 -1.87 -0.84 - +0.04 +0.45 +1.09
Level Major Minor Intermediate - Minor Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.2734.4834.7935.0035.3135.5235.83
Camarilla34.9735.0235.0635.1135.1635.2135.25
Woodie34.3334.5134.8535.0335.3735.5535.89
Fibonacci34.4834.6834.8035.0035.2035.3235.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.7432.8634.1935.3136.6437.7639.09
Camarilla34.8435.0635.2935.5135.7435.9636.18
Woodie31.8432.9134.2935.3636.7437.8139.19
Fibonacci32.8633.8034.3835.3136.2536.8337.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.3230.4232.0135.1136.7039.8041.39
Camarilla32.3232.7533.1833.6134.0434.4734.90
Woodie26.5830.0431.2734.7335.9639.4240.65
Fibonacci30.4232.2133.3235.1136.9038.0139.80

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): 52.12
MACD (12,26,9): -0.0200
Directional Movement: 2.07
AROON (14): 50.00
DEMA (21): 35.12
Parabolic SAR (0,02-0,02-0,2): 34.75
Elder Ray (13): 0.14
Super Trend (3,10): 35.60
Zig ZAG (10): 35.24
VORTEX (21): 1.0500
Stochastique (14,3,5): 69.07
TEMA (21): 35.04
Williams %R (14): -25.16
Chande Momentum Oscillator (20): 0.05
Repulse (5,40,3): -0.1600
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 0.13
MA7: 35.30
MA20: 34.44
MA50: 35.78
MA100: 36.26
MAexp7: 35.19
MAexp20: 35.15
MAexp50: 35.06
MAexp100: 34.92
Price / MA7: +0.14%
Price / MA20: +2.64%
Price / MA50: -1.20%
Price / MA100: -2.51%
Price / MAexp7: +0.45%
Price / MAexp20: +0.57%
Price / MAexp50: +0.83%
Price / MAexp100: +1.23%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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