FRESEN.MED.CARE AG INH ON

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FME
ISIN:	DE0005785802

FRESEN.MED.CARE AG INH ON - 1H - Technical analysis published on 07/09/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 36.84 EUR

My targets

35.33 EUR (-1.29%)

34.49 EUR (-3.63%)

My analysis

The bearish trend is currently very strong for FRESEN.MED.CARE AG INH ON. As long as the price remains below the resistance at 36.84 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 35.33 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 34.49 EUR as an objective. Crossing it would then enable sellers to target 33.26 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

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 FRESEN.MED.CARE AG INH ON price is 35.79 EUR. On the day, this instrument lost -0.28% and was traded between 35.72 EUR and 36.16 EUR over the period. The price is currently at +0.20% from its lowest and -1.02% from its highest.

35.72

36.16

35.79

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FRESEN.MED.CARE AG INH ON:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of FRESEN.MED.CARE AG INH ON in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.49	35.33	35.78	35.79	36.84	38.40	38.98
Change (%)	-3.63%	-1.29%	-0.03%	-	+2.93%	+7.29%	+8.91%
Change	-1.30	-0.46	-0.01	-	+1.05	+2.61	+3.19
Level	Intermediate	Major	Minor	-	Intermediate	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	35.14	35.50	35.69	36.05	36.24	36.60	36.79
Camarilla	35.74	35.79	35.84	35.89	35.94	35.99	36.04
Woodie	35.07	35.46	35.62	36.01	36.17	36.56	36.72
Fibonacci	35.50	35.71	35.84	36.05	36.26	36.39	36.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.16	34.68	35.42	35.94	36.68	37.20	37.94
Camarilla	35.81	35.93	36.05	36.16	36.28	36.39	36.51
Woodie	34.27	34.74	35.53	36.00	36.79	37.26	38.05
Fibonacci	34.68	35.16	35.46	35.94	36.42	36.72	37.20

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.12	32.17	33.96	37.01	38.80	41.85	43.64
Camarilla	34.43	34.87	35.32	35.76	36.20	36.65	37.09
Woodie	28.50	31.86	33.34	36.70	38.18	41.54	43.02
Fibonacci	32.17	34.02	35.16	37.01	38.86	40.00	41.85

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):	45.91
MACD (12,26,9):	-0.0200
Directional Movement:	2.46
AROON (14):	-78.57
DEMA (21):	35.97
Parabolic SAR (0,02-0,02-0,2):	36.28
Elder Ray (13):	-0.11
Super Trend (3,10):	35.64
Zig ZAG (10):	35.85
VORTEX (21):	1.0300
Stochastique (14,3,5):	14.65
TEMA (21):	35.91
Williams %R (14):	-80.88
Chande Momentum Oscillator (20):	-0.10
Repulse (5,40,3):	-0.2800
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	1.12

MA7:	35.85
MA20:	36.47
MA50:	38.31
MA100:	37.28
MAexp7:	35.91
MAexp20:	35.97
MAexp50:	35.96
MAexp100:	36.13
Price / MA7:	-0.17%
Price / MA20:	-1.86%
Price / MA50:	-6.58%
Price / MA100:	-4.00%
Price / MAexp7:	-0.33%
Price / MAexp20:	-0.50%
Price / MAexp50:	-0.47%
Price / MAexp100:	-0.94%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on FRESEN.MED.CARE AG INH ON. At the time of publication of this analysis, the latest news was as follows:

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

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