LUFTHANSA AG VNA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LHA
ISIN:	DE0008232125

LUFTHANSA AG VNA O.N. - Daily - Technical analysis published on 05/08/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

61%

33%

My opinion

Bearish under 7.281 EUR

My targets

6.569 EUR (-3.25%)

6.304 EUR (-7.16%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LUFTHANSA AG VNA O.N. as long as the price remains well below 7.281 EUR. The next bearish objective for sellers is set at 6.569 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.304 EUR. If there is any crossing, the next objective would be the support located at 5.505 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

3.2

Comment on the analysis

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.

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Additional analysis

Quotes

The LUFTHANSA AG VNA O.N. rating is 6.790 EUR. The price is lower by -0.47% since the last closing with the lowest point at 6.592 EUR and the highest point at 6.906 EUR. The deviation from the price is +3.00% for the low point and -1.68% for the high point.

6.592

6.906

6.790

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

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this LUFTHANSA AG VNA O.N. chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.505	6.304	6.569	6.790	7.281	7.863	8.585
Change (%)	-18.92%	-7.16%	-3.25%	-	+7.23%	+15.80%	+26.44%
Change	-1.285	-0.486	-0.221	-	+0.491	+1.073	+1.795
Level	Intermediate	Intermediate	Major	-	Major	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.334	6.534	6.678	6.878	7.022	7.222	7.366
Camarilla	6.727	6.759	6.791	6.822	6.854	6.885	6.917
Woodie	6.306	6.520	6.650	6.864	6.994	7.208	7.338
Fibonacci	6.534	6.665	6.747	6.878	7.009	7.091	7.222

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.308	6.466	6.646	6.804	6.984	7.142	7.322
Camarilla	6.733	6.764	6.795	6.826	6.857	6.888	6.919
Woodie	6.319	6.472	6.657	6.810	6.995	7.148	7.333
Fibonacci	6.466	6.595	6.675	6.804	6.933	7.013	7.142

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.190	5.746	6.230	6.786	7.270	7.826	8.310
Camarilla	6.428	6.523	6.619	6.714	6.809	6.905	7.000
Woodie	5.154	5.728	6.194	6.768	7.234	7.808	8.274
Fibonacci	5.746	6.143	6.389	6.786	7.183	7.429	7.826

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):	47.67
MACD (12,26,9):	-0.0410
Directional Movement:	4.096
AROON (14):	92.857
DEMA (21):	6.730
Parabolic SAR (0,02-0,02-0,2):	6.529
Elder Ray (13):	-0.038
Super Trend (3,10):	7.069
Zig ZAG (10):	6.780
VORTEX (21):	0.8820
Stochastique (14,3,5):	72.62
TEMA (21):	6.777
Williams %R (14):	-43.10
Chande Momentum Oscillator (20):	0.062
Repulse (5,40,3):	-0.3950
ROCnROLL:	2
TRIX (15,9):	-0.1540
Courbe Coppock:	3.64

MA7:	6.806
MA20:	6.740
MA50:	6.918
MA100:	7.303
MAexp7:	6.800
MAexp20:	6.803
MAexp50:	6.957
MAexp100:	7.214
Price / MA7:	-0.24%
Price / MA20:	+0.74%
Price / MA50:	-1.85%
Price / MA100:	-7.02%
Price / MAexp7:	-0.15%
Price / MAexp20:	-0.19%
Price / MAexp50:	-2.40%
Price / MAexp100:	-5.88%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on LUFTHANSA AG VNA O.N.. At the time of publication of this analysis, the latest news was as follows:

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

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