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 10/01/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 26.96 EUR

My targets

26.46 EUR (-0.82%)

26.32 EUR (-1.35%)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on FREENET AG NA O.N. as long as the price remains well below 26.96 EUR. The next bearish objective for sellers is set at 26.46 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 26.32 EUR. In case of crossing, the next objective would be the support located at 26.16 EUR.

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

4.8

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 FREENET AG NA O.N. rating is 26.68 EUR. The price registered a decrease of -0.15% on the session and was traded between 26.68 EUR and 26.82 EUR over the period. The price is currently at 0% from its lowest and -0.52% from its highest.

26.68

26.82

26.68

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.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FREENET AG NA O.N.:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a 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 slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bearish. The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26.32	26.46	26.56	26.68	26.74	26.96	27.08
Change (%)	-1.35%	-0.82%	-0.45%	-	+0.22%	+1.05%	+1.50%
Change	-0.36	-0.22	-0.12	-	+0.06	+0.28	+0.40
Level	Minor	Minor	Major	-	Minor	Major	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	25.95	26.31	26.51	26.87	27.07	27.43	27.63
Camarilla	26.57	26.62	26.67	26.72	26.77	26.82	26.87
Woodie	25.88	26.27	26.44	26.83	27.00	27.39	27.56
Fibonacci	26.31	26.52	26.65	26.87	27.08	27.21	27.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.11	26.37	26.77	27.03	27.43	27.69	28.09
Camarilla	27.00	27.06	27.12	27.18	27.24	27.30	27.36
Woodie	26.19	26.41	26.85	27.07	27.51	27.73	28.17
Fibonacci	26.37	26.62	26.78	27.03	27.28	27.44	27.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.04	25.60	26.16	26.72	27.28	27.84	28.40
Camarilla	26.41	26.52	26.62	26.72	26.82	26.93	27.03
Woodie	25.04	25.60	26.16	26.72	27.28	27.84	28.40
Fibonacci	25.60	26.03	26.29	26.72	27.15	27.41	27.84

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):	37.03
MACD (12,26,9):	-0.0900
Directional Movement:	-16.35
AROON (14):	-85.72
DEMA (21):	26.80
Parabolic SAR (0,02-0,02-0,2):	27.08
Elder Ray (13):	-0.14
Super Trend (3,10):	27.02
Zig ZAG (10):	26.72
VORTEX (21):	0.8300
Stochastique (14,3,5):	7.93
TEMA (21):	26.69
Williams %R (14):	-90.00
Chande Momentum Oscillator (20):	-0.42
Repulse (5,40,3):	-0.2000
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	2.87

MA7:	26.94
MA20:	26.77
MA50:	26.00
MA100:	25.38
MAexp7:	26.76
MAexp20:	26.89
MAexp50:	26.93
MAexp100:	26.84
Price / MA7:	-0.97%
Price / MA20:	-0.34%
Price / MA50:	+2.62%
Price / MA100:	+5.12%
Price / MAexp7:	-0.30%
Price / MAexp20:	-0.78%
Price / MAexp50:	-0.93%
Price / MAexp100:	-0.60%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on FREENET AG NA 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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