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FREENET AG NA O.N.
FREENET AG NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FNTN
ISIN: DE000A0Z2ZZ5

FREENET AG NA O.N. - 1H - Technical analysis published on 08/30/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 25.92 EUR
My targets
26.43 EUR (+0.28%)
My analysis
The bullish trend is currently very strong on FREENET AG NA O.N.. As long as the price remains above the support at 25.92 EUR, you could try to benefit from the boom. The first bullish objective is located at 26.43 EUR. The bullish momentum would be boosted by a break in this resistance. 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
7.9

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The FREENET AG NA O.N. price is 26.36 EUR. The price registered an increase of +0.77% on the session with the lowest point at 26.10 EUR and the highest point at 26.42 EUR. The deviation from the price is +1.00% for the low point and -0.23% for the high point.

26.10
26.42
26.36

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

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:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 1H chart of FREENET AG NA O.N. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 25.28 25.92 26.32 26.36
Change (%) -4.10% -1.67% -0.15% -
Change -1.08 -0.44 -0.04 -
Level Major Major Intermediate -



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
Standard25.9126.0326.0926.2126.2726.3926.45
Camarilla26.1126.1326.1426.1626.1826.1926.21
Woodie25.8926.0226.0726.2026.2526.3826.43
Fibonacci26.0326.1026.1426.2126.2826.3226.39


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.6924.9925.2725.5725.8526.1526.43
Camarilla25.4025.4525.5125.5625.6125.6725.72
Woodie24.6924.9925.2725.5725.8526.1526.43
Fibonacci24.9925.2125.3525.5725.7925.9326.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.6024.2224.9025.5226.2026.8227.50
Camarilla25.2225.3425.4625.5825.7025.8225.94
Woodie23.6324.2424.9325.5426.2326.8427.53
Fibonacci24.2224.7225.0225.5226.0226.3226.82

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): 69.42
MACD (12,26,9): 0.1300
Directional Movement: 24.88
AROON (14): 35.71
DEMA (21): 26.37
Parabolic SAR (0,02-0,02-0,2): 26.13
Elder Ray (13): 0.11
Super Trend (3,10): 26.08
Zig ZAG (10): 26.38
VORTEX (21): 1.1700
Stochastique (14,3,5): 82.02
TEMA (21): 26.38
Williams %R (14): -12.50
Chande Momentum Oscillator (20): 0.14
Repulse (5,40,3): 0.4200
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 1.20
MA7: 25.87
MA20: 25.36
MA50: 25.37
MA100: 24.90
MAexp7: 26.31
MAexp20: 26.20
MAexp50: 25.97
MAexp100: 25.76
Price / MA7: +1.89%
Price / MA20: +3.94%
Price / MA50: +3.90%
Price / MA100: +5.86%
Price / MAexp7: +0.19%
Price / MAexp20: +0.61%
Price / MAexp50: +1.50%
Price / MAexp100: +2.33%

Quotes : - 15 min delayed data - Germany Stocks

News


The latest news and videos published on FREENET AG NA O.N. at the time of the analysis were as follows:

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

About author

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