AIR FRANCE -KLM - 1H - Technical analysis published on 12/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 12.390 EUR
My targets
12.638 EUR (+1.30%)
12.788 EUR (+2.50%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AIR FRANCE -KLM as long as the price remains well above 12.390 EUR. The buyers' bullish objective is set at 12.638 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.788 EUR. If there is any crossing, the next objective would be the resistance located at 14.569 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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Additional analysis
Quotes
The AIR FRANCE -KLM price is 12.476 EUR. On the day, this instrument gained +2.11% and was traded between 12.172 EUR and 12.486 EUR over the period. The price is currently at +2.50% from its lowest and -0.08% from its highest.12.172
12.486
12.476
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
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 (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AIR FRANCE -KLM in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.810 | 12.273 | 12.390 | 12.476 | 12.638 | 12.788 | 14.569 |
| Change (%) | -5.34% | -1.63% | -0.69% | - | +1.30% | +2.50% | +16.78% |
| Change | -0.666 | -0.203 | -0.086 | - | +0.162 | +0.312 | +2.093 |
| Level | Intermediate | Minor | Minor | - | 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 | 11.842 | 12.030 | 12.124 | 12.312 | 12.406 | 12.594 | 12.688 |
| Camarilla | 12.141 | 12.166 | 12.192 | 12.218 | 12.244 | 12.270 | 12.296 |
| Woodie | 11.795 | 12.007 | 12.077 | 12.289 | 12.359 | 12.571 | 12.641 |
| Fibonacci | 12.030 | 12.138 | 12.204 | 12.312 | 12.420 | 12.486 | 12.594 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.105 | 11.457 | 11.951 | 12.303 | 12.797 | 13.149 | 13.643 |
| Camarilla | 12.211 | 12.289 | 12.367 | 12.444 | 12.522 | 12.599 | 12.677 |
| Woodie | 11.175 | 11.493 | 12.021 | 12.339 | 12.867 | 13.185 | 13.713 |
| Fibonacci | 11.457 | 11.781 | 11.980 | 12.303 | 12.627 | 12.826 | 13.149 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.357 | 9.475 | 10.553 | 11.671 | 12.749 | 13.867 | 14.945 |
| Camarilla | 11.028 | 11.229 | 11.431 | 11.632 | 11.833 | 12.035 | 12.236 |
| Woodie | 8.338 | 9.465 | 10.534 | 11.661 | 12.730 | 13.857 | 14.926 |
| Fibonacci | 9.475 | 10.314 | 10.832 | 11.671 | 12.510 | 13.028 | 13.867 |
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): | 61.20 | |
| MACD (12,26,9): | 0.0410 | |
| Directional Movement: | 5.569 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 12.405 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.564 | |
| Elder Ray (13): | 0.093 | |
| Super Trend (3,10): | 12.156 | |
| Zig ZAG (10): | 12.476 | |
| VORTEX (21): | 1.0820 | |
| Stochastique (14,3,5): | 63.48 | |
| TEMA (21): | 12.380 | |
| Williams %R (14): | -20.83 | |
| Chande Momentum Oscillator (20): | 0.024 | |
| Repulse (5,40,3): | 1.6190 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0520 | |
| Courbe Coppock: | 1.27 |
| MA7: | 12.314 | |
| MA20: | 12.104 | |
| MA50: | 11.859 | |
| MA100: | 12.781 | |
| MAexp7: | 12.378 | |
| MAexp20: | 12.343 | |
| MAexp50: | 12.228 | |
| MAexp100: | 12.102 | |
| Price / MA7: | +1.32% | |
| Price / MA20: | +3.07% | |
| Price / MA50: | +5.20% | |
| Price / MA100: | -2.39% | |
| Price / MAexp7: | +0.79% | |
| Price / MAexp20: | +1.08% | |
| Price / MAexp50: | +2.03% | |
| Price / MAexp100: | +3.09% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on AIR FRANCE -KLM at the time of the generation of this analysis was as follows:
- HydrogenPro Partner, DG Fuels announces strategic cooperation with Air France- KLM
- Declaration of number of voting rights
- Q2 2023 Financial Results
- Declaration of number of voting rights
- Declaration of transactions in own shares completed on June 20th, 2023
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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