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 12/02/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 28.96 EUR
My targets
29.46 EUR (+0.89%)
My analysis
The basic bullish trend is very strong on FREENET AG NA O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 28.96 EUR. Crossing the first resistance at 29.46 EUR would be a sign of a potential new surge in the price. Caution, a return to below 28.96 EUR would be a sign of a consolidation phase in the short-term basic trend. 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.5

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.

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 29.20 EUR. On the day, this instrument lost -0.21% and was between 29.18 EUR and 29.34 EUR. This implies that the price is at +0.07% from its lowest and at -0.48% from its highest.

29.18
29.34
29.20

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 27.82 28.44 28.96 29.20 29.46
Change (%) -4.73% -2.60% -0.82% - +0.89%
Change -1.38 -0.76 -0.24 - +0.26
Level Minor Minor Intermediate - 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
Standard28.8828.9829.1229.2229.3629.4629.60
Camarilla29.1929.2229.2429.2629.2829.3029.33
Woodie28.9028.9929.1429.2329.3829.4729.62
Fibonacci28.9829.0729.1329.2229.3129.3729.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.9928.3328.7929.1329.5929.9330.39
Camarilla29.0429.1129.1929.2629.3329.4129.48
Woodie28.0628.3628.8629.1629.6629.9630.46
Fibonacci28.3328.6328.8229.1329.4329.6229.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.4326.2727.7728.6130.1130.9532.45
Camarilla28.6228.8329.0529.2629.4829.6929.90
Woodie25.7526.4428.0928.7830.4331.1232.77
Fibonacci26.2727.1727.7228.6129.5130.0630.95

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): 54.99
MACD (12,26,9): 0.0400
Directional Movement: 11.96
AROON (14): 14.29
DEMA (21): 29.23
Parabolic SAR (0,02-0,02-0,2): 29.08
Elder Ray (13): 0.06
Super Trend (3,10): 29.02
Zig ZAG (10): 29.20
VORTEX (21): 1.0600
Stochastique (14,3,5): 54.27
TEMA (21): 29.22
Williams %R (14): -53.85
Chande Momentum Oscillator (20): -0.08
Repulse (5,40,3): -0.1900
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.34
MA7: 29.12
MA20: 28.55
MA50: 27.81
MA100: 26.83
MAexp7: 29.21
MAexp20: 29.18
MAexp50: 29.07
MAexp100: 28.86
Price / MA7: +0.27%
Price / MA20: +2.28%
Price / MA50: +5.00%
Price / MA100: +8.83%
Price / MAexp7: -0.03%
Price / MAexp20: +0.07%
Price / MAexp50: +0.45%
Price / MAexp100: +1.18%

Quotes : - 15 min delayed data - Germany Stocks

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

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