AIR FRANCE -KLM - 1H - Technical analysis published on 07/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 8.118 EUR
My targets
8.300 EUR (+0.73%)
8.436 EUR (+2.38%)
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 8.118 EUR remains possible. It is advisable to trade AIR FRANCE -KLM with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 8.118 EUR. The next bullish objective for buyers is set at 8.300 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.436 EUR. If there is any crossing, the next objective would be the resistance located at 8.520 EUR. PS: if there is a bearish break in the support located at 8.118 EUR 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.3
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Additional analysis
Quotes
The AIR FRANCE -KLM rating is 8.240 EUR. The price registered a decrease of -0.17% on the session and was traded between 8.224 EUR and 8.276 EUR over the period. The price is currently at +0.19% from its lowest and -0.43% from its highest.8.224
8.276
8.240
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of AIR FRANCE -KLM in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 7.874 | 7.982 | 8.118 | 8.240 | 8.300 | 8.436 | 8.520 |
| Change (%) | -4.44% | -3.13% | -1.48% | - | +0.73% | +2.38% | +3.40% |
| Change | -0.366 | -0.258 | -0.122 | - | +0.060 | +0.196 | +0.280 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 7.967 | 8.077 | 8.165 | 8.275 | 8.363 | 8.473 | 8.561 |
| Camarilla | 8.200 | 8.218 | 8.236 | 8.254 | 8.272 | 8.290 | 8.309 |
| Woodie | 7.957 | 8.072 | 8.155 | 8.270 | 8.353 | 8.468 | 8.551 |
| Fibonacci | 8.077 | 8.152 | 8.199 | 8.275 | 8.350 | 8.397 | 8.473 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.109 | 7.429 | 7.881 | 8.201 | 8.653 | 8.973 | 9.425 |
| Camarilla | 8.120 | 8.191 | 8.261 | 8.332 | 8.403 | 8.474 | 8.544 |
| Woodie | 7.174 | 7.462 | 7.946 | 8.234 | 8.718 | 9.006 | 9.490 |
| Fibonacci | 7.429 | 7.724 | 7.906 | 8.201 | 8.496 | 8.678 | 8.973 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.292 | 6.140 | 7.184 | 9.032 | 10.076 | 11.924 | 12.968 |
| Camarilla | 7.433 | 7.698 | 7.963 | 8.228 | 8.493 | 8.758 | 9.023 |
| Woodie | 3.890 | 5.939 | 6.782 | 8.831 | 9.674 | 11.723 | 12.566 |
| Fibonacci | 6.140 | 7.245 | 7.927 | 9.032 | 10.137 | 10.819 | 11.924 |
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): | 52.56 | |
| MACD (12,26,9): | 0.0160 | |
| Directional Movement: | -1.996 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 8.291 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.424 | |
| Elder Ray (13): | -0.016 | |
| Super Trend (3,10): | 8.070 | |
| Zig ZAG (10): | 8.264 | |
| VORTEX (21): | 1.0320 | |
| Stochastique (14,3,5): | 25.81 | |
| TEMA (21): | 8.270 | |
| Williams %R (14): | -68.03 | |
| Chande Momentum Oscillator (20): | -0.126 | |
| Repulse (5,40,3): | 0.7630 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0640 | |
| Courbe Coppock: | 3.37 |
| MA7: | 8.156 | |
| MA20: | 8.213 | |
| MA50: | 9.196 | |
| MA100: | 9.604 | |
| MAexp7: | 8.258 | |
| MAexp20: | 8.262 | |
| MAexp50: | 8.215 | |
| MAexp100: | 8.221 | |
| Price / MA7: | +1.03% | |
| Price / MA20: | +0.33% | |
| Price / MA50: | -10.40% | |
| Price / MA100: | -14.20% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.23% |
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:
- BLOOMINGDALE'S LAUNCHES LATEST CAROUSEL GAME ON POWERED BY AIR FRANCE
- 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
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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