FRAPORT AG FFM.AIRPORT
FRAPORT AG FFM.AIRPORT
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FRA
ISIN: DE0005773303

FRAPORT AG FFM.AIRPORT - Daily - Technical analysis published on 07/22/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 48.80 EUR
My targets
44.53 EUR (-4.36%)
42.14 EUR (-9.49%)
My analysis
FRAPORT AG FFM.AIRPORT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 48.80 EUR. The next support located at 44.53 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 42.14 EUR. Below this support, sellers could then target 36.19 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The FRAPORT AG FFM.AIRPORT price is 46.56 EUR. The price registered a decrease of -0.47% on the session with the lowest point at 46.28 EUR and the highest point at 46.88 EUR. The deviation from the price is +0.61% for the low point and -0.68% for the high point.

46.28
46.88
46.56

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 FRAPORT AG FFM.AIRPORT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 42.14 44.53 46.37 46.56 48.80 51.79 54.86
Change (%) -9.49% -4.36% -0.41% - +4.81% +11.23% +17.83%
Change -4.42 -2.03 -0.19 - +2.24 +5.23 +8.30
Level Major Major Minor - Minor Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.2345.6746.2346.6747.2347.6748.23
Camarilla46.5146.6046.6946.7846.8746.9647.06
Woodie45.2845.7046.2846.7047.2847.7048.28
Fibonacci45.6746.0646.2946.6747.0647.2947.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.1244.9445.8646.6847.6048.4249.34
Camarilla46.3046.4646.6246.7846.9447.1047.26
Woodie44.1744.9745.9146.7147.6548.4549.39
Fibonacci44.9445.6146.0246.6847.3547.7648.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.5343.8746.0350.3752.5356.8759.03
Camarilla46.4147.0147.6048.2048.8049.3949.99
Woodie38.4543.3344.9549.8351.4556.3357.95
Fibonacci43.8746.3547.8850.3752.8554.3856.87

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 36.62
MACD (12,26,9): -0.9100
Directional Movement: -15.66
AROON (14): -57.14
DEMA (21): 46.61
Parabolic SAR (0,02-0,02-0,2): 48.21
Elder Ray (13): -0.73
Super Trend (3,10): 49.85
Zig ZAG (10): 46.44
VORTEX (21): 0.8700
Stochastique (14,3,5): 31.25
TEMA (21): 46.19
Williams %R (14): -81.22
Chande Momentum Oscillator (20): -2.26
Repulse (5,40,3): -0.1200
ROCnROLL: 2
TRIX (15,9): -0.2800
Courbe Coppock: 6.44
MA7: 46.84
MA20: 47.70
MA50: 50.13
MA100: 49.31
MAexp7: 46.93
MAexp20: 47.79
MAexp50: 48.91
MAexp100: 49.57
Price / MA7: -0.60%
Price / MA20: -2.39%
Price / MA50: -7.12%
Price / MA100: -5.58%
Price / MAexp7: -0.79%
Price / MAexp20: -2.57%
Price / MAexp50: -4.80%
Price / MAexp100: -6.07%

Quotes : - 15 min delayed data - Germany Stocks

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

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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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