AIR FRANCE -KLM
AIR FRANCE -KLM
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AF
ISIN: FR001400J770

AIR FRANCE -KLM - 1H - Technical analysis published on 07/25/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 8.115 EUR
My targets
8.305 EUR (+1.03%)
8.518 EUR (+3.63%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on AIR FRANCE -KLM as long as the price remains well above 8.115 EUR. The buyers' bullish objective is set at 8.305 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.518 EUR. If there is any crossing, the next objective would be the resistance located at 9.214 EUR.

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
4.8

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

Additional analysis

Quotes

The AIR FRANCE -KLM rating is 8.220 EUR. On the day, this instrument gained +3.79% and was traded between 7.750 EUR and 8.254 EUR over the period. The price is currently at +6.06% from its lowest and -0.41% from its highest.

7.750
8.254
8.220

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AIR FRANCE -KLM indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. 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 trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 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


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

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:

Central Patterns

Support of channel is broken

Type : Bearish

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:

Central Candlesticks

Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 7.874 8.115 8.220 8.305 8.518 9.214
Change (%) -4.21% -1.28% - +1.03% +3.63% +12.09%
Change -0.346 -0.105 - +0.085 +0.298 +0.994
Level Intermediate Major - 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
Standard7.6467.7767.8487.9788.0508.1808.252
Camarilla7.8657.8837.9027.9207.9397.9577.976
Woodie7.6177.7627.8197.9648.0218.1668.223
Fibonacci7.7767.8537.9017.9788.0558.1038.180


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.1457.4877.8318.1738.5178.8599.203
Camarilla7.9858.0488.1118.1748.2378.3008.363
Woodie7.1457.4887.8318.1748.5178.8609.203
Fibonacci7.4877.7497.9118.1738.4358.5978.859


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.2926.1407.1849.03210.07611.92412.968
Camarilla7.4337.6987.9638.2288.4938.7589.023
Woodie3.8905.9396.7828.8319.67411.72312.566
Fibonacci6.1407.2457.9279.03210.13710.81911.924

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): 59.71
MACD (12,26,9): 0.0020
Directional Movement: 5.254
AROON (14): 7.143
DEMA (21): 8.034
Parabolic SAR (0,02-0,02-0,2): 7.750
Elder Ray (13): 0.154
Super Trend (3,10): 7.881
Zig ZAG (10): 8.208
VORTEX (21): 1.0750
Stochastique (14,3,5): 69.41
TEMA (21): 8.064
Williams %R (14): -7.76
Chande Momentum Oscillator (20): 0.274
Repulse (5,40,3): 3.1750
ROCnROLL: 1
TRIX (15,9): -0.0440
Courbe Coppock: 2.98
MA7: 8.137
MA20: 8.190
MA50: 9.334
MA100: 9.645
MAexp7: 8.077
MAexp20: 8.045
MAexp50: 8.082
MAexp100: 8.173
Price / MA7: +1.02%
Price / MA20: +0.37%
Price / MA50: -11.93%
Price / MA100: -14.77%
Price / MAexp7: +1.77%
Price / MAexp20: +2.18%
Price / MAexp50: +1.71%
Price / MAexp100: +0.58%

Quotes : - 15 min delayed data - Euronext Paris

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

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