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. - Daily - Technical analysis published on 11/15/2024 (GMT)

78
0
11/15/2024 - 13:35
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Londinia

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Timeframe : Daily
- Analysis generated on 11/15/2024 - 13:35
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 27.19 EUR

My targets

29.55 EUR (+4.65%)

30.73 EUR (+8.81%)

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 27.19 EUR, you could try to benefit from the boom. The first bullish objective is located at 29.55 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 30.73 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

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. price is 28.24 EUR. The price registered a decrease of -0.28% on the session and was between 28.14 EUR and 28.34 EUR. This implies that the price is at +0.36% from its lowest and at -0.35% from its highest.

28.14

28.34

28.24

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of FREENET AG NA O.N. in Daily shows a strongly overall bullish trend. 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.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	24.30	25.41	27.19	28.24
Change (%)	-13.95%	-10.02%	-3.72%	-
Change	-3.94	-2.83	-1.05	-
Level	Major	Intermediate	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.35	27.59	27.95	28.19	28.55	28.79	29.15
Camarilla	28.16	28.21	28.27	28.32	28.38	28.43	28.49
Woodie	27.42	27.62	28.02	28.22	28.62	28.82	29.22
Fibonacci	27.59	27.82	27.96	28.19	28.42	28.56	28.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.64	26.38	27.62	28.36	29.60	30.34	31.58
Camarilla	28.32	28.50	28.68	28.86	29.04	29.22	29.41
Woodie	25.89	26.51	27.87	28.49	29.85	30.47	31.83
Fibonacci	26.38	27.14	27.60	28.36	29.12	29.58	30.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.83	24.95	26.13	27.25	28.43	29.55	30.73
Camarilla	26.67	26.88	27.09	27.30	27.51	27.72	27.93
Woodie	23.85	24.97	26.15	27.27	28.45	29.57	30.75
Fibonacci	24.95	25.83	26.38	27.25	28.13	28.68	29.55

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):	57.94
MACD (12,26,9):	0.2900
Directional Movement:	2.59
AROON (14):	50.00
DEMA (21):	28.26
Parabolic SAR (0,02-0,02-0,2):	27.41
Elder Ray (13):	0.20
Super Trend (3,10):	27.49
Zig ZAG (10):	28.28
VORTEX (21):	0.9000
Stochastique (14,3,5):	55.03
TEMA (21):	28.30
Williams %R (14):	-42.45
Chande Momentum Oscillator (20):	0.70
Repulse (5,40,3):	-0.7200
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	2.98

MA7:	28.30
MA20:	27.86
MA50:	27.31
MA100:	26.43
MAexp7:	28.19
MAexp20:	27.89
MAexp50:	27.33
MAexp100:	26.61
Price / MA7:	-0.21%
Price / MA20:	+1.36%
Price / MA50:	+3.41%
Price / MA100:	+6.85%
Price / MAexp7:	+0.18%
Price / MAexp20:	+1.25%
Price / MAexp50:	+3.33%
Price / MAexp100:	+6.13%

Quotes : 11/15/2024 - 13:19 - 15 min delayed data - Germany Stocks

News

The last news published on FREENET AG NA O.N. at the time of the generation of this analysis was as follows:

11/08/2024 - 11:25 EQS-News: freenet Executive Board formulates financial ambition until 2028 - EBITDA and free cash flow to grow significantly
11/07/2024 - 17:01 EQS-News: freenet continues successful development in 2024 – performance allows for specification and partial increase of 2024 financial guidance
08/07/2024 - 16:00 EQS-News: Another record growth in waipu.tv customers - 2024 Guidance confirmed
07/21/2024 - 20:39 EQS-Adhoc: freenet AG: CEO Christoph Vilanek is not available for an extension of his term of office
05/15/2024 - 16:02 EQS-News: freenet successfully starts 2024 - very dynamic growth in IPTV customers

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

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