FRESEN.MED.CARE AG INH ON - 1H - Technical analysis published on 06/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 43.50 EUR
My targets
41.55 EUR (-2.14%)
39.92 EUR (-5.98%)
My analysis
FRESEN.MED.CARE KGAA O.N. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 43.50 EUR. The next support located at 41.55 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 39.92 EUR. Below this support, sellers could then target 34.56 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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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 FRESEN.MED.CARE KGAA O.N. price is 42.46 EUR. The price registered an increase of +1.90% on the session and was between 41.81 EUR and 42.54 EUR. This implies that the price is at +1.55% from its lowest and at -0.19% from its highest.41.81
42.54
42.46
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of FRESEN.MED.CARE KGAA O.N. in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals 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, 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:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.56 | 39.92 | 41.55 | 42.46 | 42.51 | 43.50 | 45.03 |
| Change (%) | -18.61% | -5.98% | -2.14% | - | +0.12% | +2.45% | +6.05% |
| Change | -7.90 | -2.54 | -0.91 | - | +0.05 | +1.04 | +2.57 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | 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 | 38.47 | 39.84 | 40.75 | 42.12 | 43.03 | 44.40 | 45.31 |
| Camarilla | 41.04 | 41.25 | 41.46 | 41.67 | 41.88 | 42.09 | 42.30 |
| Woodie | 38.25 | 39.73 | 40.53 | 42.01 | 42.81 | 44.29 | 45.09 |
| Fibonacci | 39.84 | 40.71 | 41.25 | 42.12 | 42.99 | 43.53 | 44.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.35 | 41.33 | 43.08 | 44.06 | 45.81 | 46.79 | 48.54 |
| Camarilla | 44.09 | 44.34 | 44.59 | 44.84 | 45.09 | 45.34 | 45.59 |
| Woodie | 40.75 | 41.52 | 43.48 | 44.25 | 46.21 | 46.98 | 48.94 |
| Fibonacci | 41.33 | 42.37 | 43.01 | 44.06 | 45.10 | 45.74 | 46.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.06 | 36.79 | 38.37 | 41.10 | 42.68 | 45.41 | 46.99 |
| Camarilla | 38.77 | 39.16 | 39.56 | 39.95 | 40.35 | 40.74 | 41.14 |
| Woodie | 33.49 | 36.50 | 37.80 | 40.81 | 42.11 | 45.12 | 46.42 |
| Fibonacci | 36.79 | 38.44 | 39.45 | 41.10 | 42.75 | 43.76 | 45.41 |
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): | 43.81 | |
| MACD (12,26,9): | -0.4700 | |
| Directional Movement: | -14.16 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 42.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.54 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 43.08 | |
| Zig ZAG (10): | 42.42 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 37.97 | |
| TEMA (21): | 41.77 | |
| Williams %R (14): | -59.20 | |
| Chande Momentum Oscillator (20): | -1.66 | |
| Repulse (5,40,3): | 0.8600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 9.64 |
| MA7: | 43.22 | |
| MA20: | 42.54 | |
| MA50: | 41.98 | |
| MA100: | 39.46 | |
| MAexp7: | 42.25 | |
| MAexp20: | 42.74 | |
| MAexp50: | 43.10 | |
| MAexp100: | 42.98 | |
| Price / MA7: | -1.76% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | +1.14% | |
| Price / MA100: | +7.60% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | -1.48% | |
| Price / MAexp100: | -1.21% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on FRESEN.MED.CARE KGAA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-AGM: Fresenius Medical Care AG & Co. KGaA: Announcement of the Convening of the General Meeting in Frankfurt am Main on 14.07.2023 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
- EQS-AGM: Fresenius Medical Care AG & Co. KGaA: Announcement of the Convening of the General Meeting in Virtuelle Hauptversammlung ohne physische Präsenz der Aktionäre oder ihrer Bevollmächtigten on 16.05.2023 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
- EQS-Adhoc: Fresenius Medical Care AG & Co. KGaA initiates firm plans for change of the legal form into a German stock corporation
- EQS-Adhoc: Fresenius Medical Care AG & Co. KGaA confirms review of the deconsolidation and a potential change of the legal form into a German stock corporation
- EQS-News: Fresenius Medical Care AG & Co. KGaA: Helen Giza to take over as Chief Executive Officer of Fresenius Medical Care
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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