LUFTHANSA AG VNA O.N. - Daily - Technical analysis published on 07/25/2024 (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
44%
17%
39%
My opinion
Bearish under 6.027 EUR
My targets
5.650 EUR (-1.88%)
5.292 EUR (-8.09%)
My analysis
The bearish basic trend is very strong on LUFTHANSA AG VNA O.N. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 6.027 EUR. Crossing the first support at 5.650 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 5.292 EUR as an objective. Crossing it would then enable sellers to target 4.836 EUR. Caution, a return to above the resistance located at 6.027 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.5
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Additional analysis
Quotes
The LUFTHANSA AG VNA O.N. rating is 5.758 EUR. The price has increased by +1.05% since the last closing and was traded between 5.594 EUR and 5.800 EUR over the period. The price is currently at +2.93% from its lowest and -0.72% from its highest.5.594
5.800
5.758
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:
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
Technical analysis of LUFTHANSA AG VNA O.N. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
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 | 4.836 | 5.292 | 5.650 | 5.758 | 6.027 | 6.845 | 7.465 |
| Change (%) | -16.01% | -8.09% | -1.88% | - | +4.67% | +18.88% | +29.65% |
| Change | -0.922 | -0.466 | -0.108 | - | +0.269 | +1.087 | +1.707 |
| Level | Intermediate | Intermediate | Major | - | 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 | 5.515 | 5.597 | 5.647 | 5.729 | 5.779 | 5.861 | 5.911 |
| Camarilla | 5.662 | 5.674 | 5.686 | 5.698 | 5.710 | 5.722 | 5.734 |
| Woodie | 5.500 | 5.589 | 5.632 | 5.721 | 5.764 | 5.853 | 5.896 |
| Fibonacci | 5.597 | 5.647 | 5.678 | 5.729 | 5.779 | 5.810 | 5.861 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.249 | 5.421 | 5.597 | 5.769 | 5.945 | 6.117 | 6.293 |
| Camarilla | 5.676 | 5.708 | 5.740 | 5.772 | 5.804 | 5.836 | 5.868 |
| Woodie | 5.250 | 5.422 | 5.598 | 5.770 | 5.946 | 6.118 | 6.294 |
| Fibonacci | 5.421 | 5.554 | 5.636 | 5.769 | 5.902 | 5.984 | 6.117 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.425 | 5.019 | 5.365 | 5.959 | 6.305 | 6.899 | 7.245 |
| Camarilla | 5.452 | 5.538 | 5.624 | 5.710 | 5.796 | 5.882 | 5.969 |
| Woodie | 4.300 | 4.957 | 5.240 | 5.897 | 6.180 | 6.837 | 7.120 |
| Fibonacci | 5.019 | 5.378 | 5.600 | 5.959 | 6.318 | 6.540 | 6.899 |
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): | 45.55 | |
| MACD (12,26,9): | -0.0790 | |
| Directional Movement: | -9.394 | |
| AROON (14): | -28.571 | |
| DEMA (21): | 5.714 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.959 | |
| Elder Ray (13): | -0.094 | |
| Super Trend (3,10): | 6.090 | |
| Zig ZAG (10): | 5.788 | |
| VORTEX (21): | 0.9160 | |
| Stochastique (14,3,5): | 27.60 | |
| TEMA (21): | 5.741 | |
| Williams %R (14): | -61.05 | |
| Chande Momentum Oscillator (20): | -0.176 | |
| Repulse (5,40,3): | 3.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2030 | |
| Courbe Coppock: | 4.67 |
| MA7: | 5.773 | |
| MA20: | 5.830 | |
| MA50: | 6.047 | |
| MA100: | 6.325 | |
| MAexp7: | 5.763 | |
| MAexp20: | 5.828 | |
| MAexp50: | 6.023 | |
| MAexp100: | 6.306 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | -4.78% | |
| Price / MA100: | -8.96% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | -4.37% | |
| Price / MAexp100: | -8.66% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on LUFTHANSA AG VNA O.N. at the time of the analysis were as follows:
- Lufthansa Technik, Boeing Sign License Agreement for 787 Dreamliner Cabin Modifications
- EQS-Adhoc: Deutsche Lufthansa AG: Lufthansa Group adjusts full-year guidance
- EQS-Adhoc: Deutsche Lufthansa AG: Lufthansa Group reports impact of strikes on results and adjusts full-year outlook accordingly
-
German train drivers strike coincides with Lufthansa cabin crew walkout
-
German train drivers strike coincides with Lufthansa cabin crew walkout
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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