HENKEL AG+CO.KGAA ST O.N. - Daily - Technical analysis published on 10/31/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 85.38 EUR
My targets
86.80 EUR (+0.93%)
99.44 EUR (+15.63%)
My analysis
The bullish trend is currently very strong on HENKEL AG+CO.KGAA ST O.N.. As long as the price remains above the support at 85.38 EUR, you could try to benefit from the boom. The first bullish objective is located at 86.80 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 99.44 EUR as an objective. Crossing it would then enable buyers to target 105.48 EUR. 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
8.6
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HENKEL AG+CO.KGAA ST O.N. rating 86.00 EUR. On the day, this instrument gained +0.53% and was between 85.00 EUR and 86.00 EUR. This implies that the price is at +1.18% from its lowest and at 0% from its highest.85.00
86.00
86.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this HENKEL AG+CO.KGAA ST O.N. chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
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 | 82.30 | 83.30 | 85.38 | 86.00 | 86.80 | 99.44 | 105.48 |
| Change (%) | -4.30% | -3.14% | -0.72% | - | +0.93% | +15.63% | +22.65% |
| Change | -3.70 | -2.70 | -0.62 | - | +0.80 | +13.44 | +19.48 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.77 | 84.18 | 84.87 | 85.28 | 85.97 | 86.38 | 87.07 |
| Camarilla | 85.25 | 85.35 | 85.45 | 85.55 | 85.65 | 85.75 | 85.85 |
| Woodie | 83.90 | 84.25 | 85.00 | 85.35 | 86.10 | 86.45 | 87.20 |
| Fibonacci | 84.18 | 84.60 | 84.86 | 85.28 | 85.70 | 85.96 | 86.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.78 | 77.87 | 80.68 | 83.77 | 86.58 | 89.67 | 92.48 |
| Camarilla | 81.88 | 82.42 | 82.96 | 83.50 | 84.04 | 84.58 | 85.12 |
| Woodie | 74.65 | 77.80 | 80.55 | 83.70 | 86.45 | 89.60 | 92.35 |
| Fibonacci | 77.87 | 80.12 | 81.51 | 83.77 | 86.02 | 87.41 | 89.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.37 | 79.13 | 81.57 | 84.33 | 86.77 | 89.53 | 91.97 |
| Camarilla | 82.57 | 83.05 | 83.52 | 84.00 | 84.48 | 84.95 | 85.43 |
| Woodie | 76.20 | 79.05 | 81.40 | 84.25 | 86.60 | 89.45 | 91.80 |
| Fibonacci | 79.13 | 81.12 | 82.35 | 84.33 | 86.32 | 87.55 | 89.53 |
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): | 57.97 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 2.18 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 85.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 80.95 | |
| Elder Ray (13): | 0.68 | |
| Super Trend (3,10): | 81.91 | |
| Zig ZAG (10): | 86.00 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 75.42 | |
| TEMA (21): | 85.00 | |
| Williams %R (14): | -18.64 | |
| Chande Momentum Oscillator (20): | 1.55 | |
| Repulse (5,40,3): | 2.9800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.37 |
| MA7: | 84.76 | |
| MA20: | 84.66 | |
| MA50: | 84.11 | |
| MA100: | 82.91 | |
| MAexp7: | 84.97 | |
| MAexp20: | 84.64 | |
| MAexp50: | 84.00 | |
| MAexp100: | 83.36 | |
| Price / MA7: | +1.46% | |
| Price / MA20: | +1.58% | |
| Price / MA50: | +2.25% | |
| Price / MA100: | +3.73% | |
| Price / MAexp7: | +1.21% | |
| Price / MAexp20: | +1.61% | |
| Price / MAexp50: | +2.38% | |
| Price / MAexp100: | +3.17% |
News
The last news published on HENKEL AG+CO.KGAA ST O.N. at the time of the generation of this analysis was as follows:
- DGAP-AGM: Henkel AG & Co. KGaA: Announcement of the Convening of the General Meeting in Düsseldorf on 08.04.2019 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
- DGAP-AGM: Henkel AG & Co. KGaA: Announcement of the Convening of the General Meeting in Düsseldorf on 09.04.2018 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
This member declared not having a position on this financial instrument or a related financial instrument.
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