FREENET AG NA O.N. - 1H - Technical analysis published on 12/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
72%
11%
17%
My opinion
Bearish under 27.65 EUR
My targets
27.19 EUR (-1.13%)
25.41 EUR (-7.60%)
My analysis
In a bearish trend, the price of FREENET AG NA O.N. tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 27.65 EUR. A bearish break in the support located at 27.19 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 25.41 EUR. Then 24.30 EUR by extension. It would be safer to wait for a bearish break in the support located at 27.19 EUR before allowing yourself to re trade short positions (for sale) on FREENET AG NA O.N.. PS: if there is a bullish break in the resistance located at 27.65 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FREENET AG NA O.N. rating is 27.50 EUR. The price registered a decrease of -0.22% on the session and was traded between 27.34 EUR and 27.58 EUR over the period. The price is currently at +0.59% from its lowest and -0.29% from its highest.27.34
27.58
27.50
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FREENET AG NA O.N. indicates that the overall trend is bearish. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.30 | 25.41 | 27.19 | 27.50 | 27.65 | 28.22 | 28.65 |
| Change (%) | -11.64% | -7.60% | -1.13% | - | +0.55% | +2.62% | +4.18% |
| Change | -3.20 | -2.09 | -0.31 | - | +0.15 | +0.72 | +1.15 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Minor |
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 | 26.86 | 27.00 | 27.28 | 27.42 | 27.70 | 27.84 | 28.12 |
| Camarilla | 27.45 | 27.48 | 27.52 | 27.56 | 27.60 | 27.64 | 27.68 |
| Woodie | 26.93 | 27.04 | 27.35 | 27.46 | 27.77 | 27.88 | 28.19 |
| Fibonacci | 27.00 | 27.16 | 27.26 | 27.42 | 27.58 | 27.68 | 27.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.83 | 26.97 | 27.27 | 27.41 | 27.71 | 27.85 | 28.15 |
| Camarilla | 27.44 | 27.48 | 27.52 | 27.56 | 27.60 | 27.64 | 27.68 |
| Woodie | 26.90 | 27.01 | 27.34 | 27.45 | 27.78 | 27.89 | 28.22 |
| Fibonacci | 26.97 | 27.14 | 27.25 | 27.41 | 27.58 | 27.69 | 27.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.43 | 26.27 | 27.77 | 28.61 | 30.11 | 30.95 | 32.45 |
| Camarilla | 28.62 | 28.83 | 29.05 | 29.26 | 29.48 | 29.69 | 29.90 |
| Woodie | 25.75 | 26.44 | 28.09 | 28.78 | 30.43 | 31.12 | 32.77 |
| Fibonacci | 26.27 | 27.17 | 27.72 | 28.61 | 29.51 | 30.06 | 30.95 |
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): | 56.94 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 17.80 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 27.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.32 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 27.18 | |
| Zig ZAG (10): | 27.50 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 76.48 | |
| TEMA (21): | 27.50 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.62 |
| MA7: | 27.52 | |
| MA20: | 28.49 | |
| MA50: | 28.28 | |
| MA100: | 27.34 | |
| MAexp7: | 27.44 | |
| MAexp20: | 27.38 | |
| MAexp50: | 27.52 | |
| MAexp100: | 27.86 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | -3.47% | |
| Price / MA50: | -2.76% | |
| Price / MA100: | +0.59% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -1.29% |
Quotes :
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15 min delayed data
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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:
- EQS-Adhoc: freenet AG: EBITDA and free cash flow guidance raised due to the one-time sale of IP addresses
- EQS-News: freenet Executive Board formulates financial ambition until 2028 - EBITDA and free cash flow to grow significantly
- EQS-News: freenet continues successful development in 2024 – performance allows for specification and partial increase of 2024 financial guidance
- EQS-News: Another record growth in waipu.tv customers - 2024 Guidance confirmed
- EQS-Adhoc: freenet AG: CEO Christoph Vilanek is not available for an extension of his term of office
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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