THYSSENKRUPP - Daily - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 3.512 EUR
My targets
4.021 EUR (+9.10%)
4.228 EUR (+14.70%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on THYSSENKRUPP. This is a positive signal for buyers. As long as the price remains above 3.512 EUR, a purchase could be considered. The first bullish objective is located at 4.021 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.228 EUR as an objective. Crossing it would then enable buyers to target 4.975 EUR. In the event of a return below 3.512 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
6.1
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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 THYSSENKRUPP rating is 3.686 EUR. The price registered an increase of +8.54% on the session and was between 3.486 EUR and 3.690 EUR. This implies that the price is at +5.74% from its lowest and at -0.11% from its highest.3.486
3.690
3.686
Here is a more detailed summary of the historical variations registered by THYSSENKRUPP:
Technical
Technical analysis of THYSSENKRUPP in Daily shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, 15 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.780 | 3.161 | 3.512 | 3.686 | 4.228 | 4.975 | 5.376 |
| Change (%) | -24.58% | -14.24% | -4.72% | - | +14.70% | +34.97% | +45.85% |
| Change | -0.906 | -0.525 | -0.174 | - | +0.542 | +1.289 | +1.690 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.338 | 3.352 | 3.374 | 3.388 | 3.410 | 3.424 | 3.446 |
| Camarilla | 3.386 | 3.389 | 3.393 | 3.396 | 3.399 | 3.403 | 3.406 |
| Woodie | 3.342 | 3.354 | 3.378 | 3.390 | 3.414 | 3.426 | 3.450 |
| Fibonacci | 3.352 | 3.366 | 3.374 | 3.388 | 3.402 | 3.410 | 3.424 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.079 | 3.154 | 3.245 | 3.320 | 3.411 | 3.486 | 3.577 |
| Camarilla | 3.291 | 3.307 | 3.322 | 3.337 | 3.352 | 3.367 | 3.383 |
| Woodie | 3.088 | 3.158 | 3.254 | 3.324 | 3.420 | 3.490 | 3.586 |
| Fibonacci | 3.154 | 3.217 | 3.256 | 3.320 | 3.383 | 3.422 | 3.486 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.599 | 2.847 | 3.073 | 3.321 | 3.547 | 3.795 | 4.021 |
| Camarilla | 3.170 | 3.213 | 3.257 | 3.300 | 3.344 | 3.387 | 3.430 |
| Woodie | 2.589 | 2.842 | 3.063 | 3.316 | 3.537 | 3.790 | 4.011 |
| Fibonacci | 2.847 | 3.028 | 3.140 | 3.321 | 3.502 | 3.614 | 3.795 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.92 | |
| MACD (12,26,9): | 0.0380 | |
| Directional Movement: | 20.317 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 3.426 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.244 | |
| Elder Ray (13): | 0.189 | |
| Super Trend (3,10): | 3.131 | |
| Zig ZAG (10): | 3.682 | |
| VORTEX (21): | 0.8160 | |
| Stochastique (14,3,5): | 64.61 | |
| TEMA (21): | 3.449 | |
| Williams %R (14): | -0.74 | |
| Chande Momentum Oscillator (20): | 0.519 | |
| Repulse (5,40,3): | 8.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1250 | |
| Courbe Coppock: | 5.38 |
| MA7: | 3.375 | |
| MA20: | 3.365 | |
| MA50: | 3.281 | |
| MA100: | 3.407 | |
| MAexp7: | 3.434 | |
| MAexp20: | 3.373 | |
| MAexp50: | 3.354 | |
| MAexp100: | 3.549 | |
| Price / MA7: | +9.21% | |
| Price / MA20: | +9.54% | |
| Price / MA50: | +12.34% | |
| Price / MA100: | +8.19% | |
| Price / MAexp7: | +7.34% | |
| Price / MAexp20: | +9.28% | |
| Price / MAexp50: | +9.90% | |
| Price / MAexp100: | +3.86% |
Quotes :
-
15 min delayed data
-
Italy Stocks
News
The latest news and videos published on THYSSENKRUPP at the time of the analysis were as follows:
- CF Industries Signs Engineering and Procurement Contract with thyssenkrupp for Green Ammonia Project
- Johnson Matthey and thyssenkrupp renew partnership for world class collaboration in ammonia production
- thyssenkrupp Elevator to enter a new era as an independent company - closing completed
- China's Changzhou National Hi-Tech District renews partnership with German multinational ThyssenKrupp
- China's Changzhou National Hi-Tech District renews partnership with German multinational ThyssenKrupp
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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