FRESEN.MED.CARE AG INH ON - 1H - Technical analysis published on 11/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 39.05 EUR
My targets
40.01 EUR (+1.63%)
42.06 EUR (+6.83%)
My analysis
FRESEN.MED.CARE AG INH ON is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 39.05 EUR. The next resistance located at 40.01 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 42.06 EUR. After this resistance, buyers could then target 49.76 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
7.9
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Additional analysis
Quotes
The FRESEN.MED.CARE AG INH ON rating is 39.37 EUR. On the day, this instrument gained +6.52% and was traded between 37.64 EUR and 39.91 EUR over the period. The price is currently at +4.60% from its lowest and -1.35% from its highest.37.64
39.91
39.37
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FRESEN.MED.CARE AG INH ON:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FRESEN.MED.CARE AG INH ON in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 37.96 | 38.39 | 39.05 | 39.37 | 40.01 | 42.06 | 49.76 |
Change (%) | -3.58% | -2.49% | -0.81% | - | +1.63% | +6.83% | +26.39% |
Change | -1.41 | -0.98 | -0.32 | - | +0.64 | +2.69 | +10.39 |
Level | Minor | Intermediate | Minor | - | Major | Minor | 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 | 34.66 | 35.53 | 36.24 | 37.11 | 37.82 | 38.69 | 39.40 |
Camarilla | 36.53 | 36.67 | 36.82 | 36.96 | 37.11 | 37.25 | 37.40 |
Woodie | 34.59 | 35.49 | 36.17 | 37.07 | 37.75 | 38.65 | 39.33 |
Fibonacci | 35.53 | 36.13 | 36.50 | 37.11 | 37.71 | 38.08 | 38.69 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 30.35 | 32.67 | 34.51 | 36.83 | 38.67 | 40.99 | 42.83 |
Camarilla | 35.20 | 35.58 | 35.96 | 36.34 | 36.72 | 37.10 | 37.48 |
Woodie | 30.10 | 32.55 | 34.26 | 36.71 | 38.42 | 40.87 | 42.58 |
Fibonacci | 32.67 | 34.26 | 35.24 | 36.83 | 38.42 | 39.40 | 40.99 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.02 | 32.01 | 33.96 | 36.95 | 38.90 | 41.89 | 43.84 |
Camarilla | 34.55 | 35.00 | 35.46 | 35.91 | 36.36 | 36.82 | 37.27 |
Woodie | 28.50 | 31.75 | 33.44 | 36.69 | 38.38 | 41.63 | 43.32 |
Fibonacci | 32.01 | 33.90 | 35.06 | 36.95 | 38.84 | 40.00 | 41.89 |
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): | 66.76 | |
MACD (12,26,9): | 0.7300 | |
Directional Movement: | 18.63 | |
AROON (14): | 50.00 | |
DEMA (21): | 39.09 | |
Parabolic SAR (0,02-0,02-0,2): | 37.19 | |
Elder Ray (13): | 0.59 | |
Super Trend (3,10): | 38.10 | |
Zig ZAG (10): | 39.38 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 87.69 | |
TEMA (21): | 39.65 | |
Williams %R (14): | -15.06 | |
Chande Momentum Oscillator (20): | 2.05 | |
Repulse (5,40,3): | 0.1800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2200 | |
Courbe Coppock: | 10.80 |
MA7: | 36.86 | |
MA20: | 37.49 | |
MA50: | 37.09 | |
MA100: | 36.24 | |
MAexp7: | 39.13 | |
MAexp20: | 38.22 | |
MAexp50: | 37.59 | |
MAexp100: | 37.55 | |
Price / MA7: | +6.81% | |
Price / MA20: | +5.01% | |
Price / MA50: | +6.15% | |
Price / MA100: | +8.64% | |
Price / MAexp7: | +0.61% | |
Price / MAexp20: | +3.01% | |
Price / MAexp50: | +4.74% | |
Price / MAexp100: | +4.85% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on FRESEN.MED.CARE AG INH ON at the time of the analysis were as follows:
- EQS-Adhoc: Fresenius Medical Care AG & Co. KGaA: Favorable settlement agreement with U. S. government with positive earnings impact of approx. EUR 175 million – 2023 earnings outlook raised
- EQS-Adhoc: Fresenius Medical Care AG & Co. KGaA: Fresenius Medical Care AG & Co. KGaA raises outlook for operating income in fiscal year 2023
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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