FRAPORT AG FFM.AIRPORT - Daily - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 78.26 EUR
My targets
86.80 EUR (+10.32%)
96.94 EUR (+23.21%)
My analysis
The bullish trend is currently very strong on FRAPORT AG FFM.AIRPORT. As long as the price remains above the support at 78.26 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 96.94 EUR as an objective. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FRAPORT AG FFM.AIRPORT rating 78.68 EUR. The price has increased by +1.37% since the last closing and was between 77.48 EUR and 78.68 EUR. This implies that the price is at +1.55% from its lowest and at 0% from its highest.77.48
78.68
78.68
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
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of FRAPORT AG FFM.AIRPORT indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 72.75 | 74.55 | 78.26 | 78.68 | 86.80 | 96.94 |
| Change (%) | -7.54% | -5.25% | -0.53% | - | +10.32% | +23.21% |
| Change | -5.93 | -4.13 | -0.42 | - | +8.12 | +18.26 |
| Level | Major | Major | Major | - | Intermediate | 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 | 75.86 | 76.58 | 77.10 | 77.82 | 78.34 | 79.06 | 79.58 |
| Camarilla | 77.28 | 77.39 | 77.51 | 77.62 | 77.73 | 77.85 | 77.96 |
| Woodie | 75.76 | 76.53 | 77.00 | 77.77 | 78.24 | 79.01 | 79.48 |
| Fibonacci | 76.58 | 77.05 | 77.35 | 77.82 | 78.29 | 78.59 | 79.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.37 | 73.69 | 75.93 | 77.25 | 79.49 | 80.81 | 83.05 |
| Camarilla | 77.20 | 77.53 | 77.85 | 78.18 | 78.51 | 78.83 | 79.16 |
| Woodie | 72.84 | 73.92 | 76.40 | 77.48 | 79.96 | 81.04 | 83.52 |
| Fibonacci | 73.69 | 75.05 | 75.89 | 77.25 | 78.61 | 79.45 | 80.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.51 | 71.21 | 73.07 | 75.77 | 77.63 | 80.33 | 82.19 |
| Camarilla | 73.69 | 74.10 | 74.52 | 74.94 | 75.36 | 75.78 | 76.19 |
| Woodie | 68.10 | 71.00 | 72.66 | 75.56 | 77.22 | 80.12 | 81.78 |
| Fibonacci | 71.21 | 72.95 | 74.03 | 75.77 | 77.51 | 78.59 | 80.33 |
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): | 61.92 | |
| MACD (12,26,9): | 0.7300 | |
| Directional Movement: | 4.16 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 77.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 74.30 | |
| Elder Ray (13): | 1.10 | |
| Super Trend (3,10): | 74.12 | |
| Zig ZAG (10): | 78.68 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 92.90 | |
| TEMA (21): | 78.02 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 4.38 | |
| Repulse (5,40,3): | 2.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 7.57 |
| MA7: | 77.80 | |
| MA20: | 75.98 | |
| MA50: | 75.91 | |
| MA100: | 75.54 | |
| MAexp7: | 77.68 | |
| MAexp20: | 76.55 | |
| MAexp50: | 75.96 | |
| MAexp100: | 75.17 | |
| Price / MA7: | +1.13% | |
| Price / MA20: | +3.55% | |
| Price / MA50: | +3.65% | |
| Price / MA100: | +4.16% | |
| Price / MAexp7: | +1.29% | |
| Price / MAexp20: | +2.78% | |
| Price / MAexp50: | +3.58% | |
| Price / MAexp100: | +4.67% |
News
The latest news and videos published on FRAPORT AG FFM.AIRPORT at the time of the analysis were as follows:
- DGAP-News: Fraport AG Frankfurt Airport Services Worldwide: Airport Charges for Frankfurt Airport approved
- Fraport Traffic Figures - October 2019: Growth Momentum Slows
- Fraport Traffic Figures - October 2019: Growth Momentum Slows
- Fraport Group Interim Release - Nine Months 2019: Fraport Reports Solid Revenue and Earnings Performance
- Fraport Group Interim Release - Nine Months 2019: Fraport Reports Solid Revenue and Earnings Performance
This member declared not having a position on this financial instrument or a related financial instrument.
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