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 10/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

33%

44%

22%

My opinion

Bearish under 28.22 EUR

My targets

27.18 EUR (-1.88%)

26.95 EUR (-2.71%)

My analysis

The current short-term bearish acceleration registered on FREENET AG NA O.N. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 28.22 EUR. Short-term sellers will use the support located at 27.18 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 26.95 EUR. Crossing this support would then open the door for sellers to target 26.63 EUR. Caution, if there is a return to below 28.22 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

2.1

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 27.70 EUR. The price is lower by -0.07% since the last closing and was between 27.64 EUR and 27.86 EUR. This implies that the price is at +0.22% from its lowest and at -0.57% from its highest.

27.64

27.86

27.70

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:

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

A technical analysis in 1H of this FREENET AG NA O.N. chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

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 horizontal resistance

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	26.63	26.95	27.18	27.70	27.72	28.22
Change (%)	-3.86%	-2.71%	-1.88%	-	+0.07%	+1.88%
Change	-1.07	-0.75	-0.52	-	+0.02	+0.52
Level	Minor	Minor	Major	-	Minor	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	27.12	27.32	27.52	27.72	27.92	28.12	28.32
Camarilla	27.61	27.65	27.68	27.72	27.76	27.79	27.83
Woodie	27.12	27.32	27.52	27.72	27.92	28.12	28.32
Fibonacci	27.32	27.47	27.57	27.72	27.87	27.97	28.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.04	26.58	27.30	27.84	28.56	29.10	29.82
Camarilla	27.67	27.79	27.91	28.02	28.14	28.25	28.37
Woodie	26.13	26.63	27.39	27.89	28.65	29.15	29.91
Fibonacci	26.58	27.06	27.36	27.84	28.32	28.62	29.10

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	43.13
MACD (12,26,9):	-0.0700
Directional Movement:	-6.36
AROON (14):	-42.86
DEMA (21):	27.69
Parabolic SAR (0,02-0,02-0,2):	27.85
Elder Ray (13):	-0.07
Super Trend (3,10):	27.90
Zig ZAG (10):	27.70
VORTEX (21):	0.8200
Stochastique (14,3,5):	37.62
TEMA (21):	27.63
Williams %R (14):	-55.00
Chande Momentum Oscillator (20):	-0.04
Repulse (5,40,3):	0.1600
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	1.58

MA7:	27.96
MA20:	27.22
MA50:	26.69
MA100:	25.97
MAexp7:	27.71
MAexp20:	27.77
MAexp50:	27.78
MAexp100:	27.59
Price / MA7:	-0.93%
Price / MA20:	+1.76%
Price / MA50:	+3.78%
Price / MA100:	+6.66%
Price / MAexp7:	-0.04%
Price / MAexp20:	-0.25%
Price / MAexp50:	-0.29%
Price / MAexp100:	+0.40%

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.

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