FRESEN.MED.CARE AG INH ON
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 11/06/2024 (GMT)

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  • Timeframe : 1H
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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

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 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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by FRESEN.MED.CARE AG INH ON:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

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

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


S3S2S1PriceR1R2R3
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
Standard34.6635.5336.2437.1137.8238.6939.40
Camarilla36.5336.6736.8236.9637.1137.2537.40
Woodie34.5935.4936.1737.0737.7538.6539.33
Fibonacci35.5336.1336.5037.1137.7138.0838.69


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.3532.6734.5136.8338.6740.9942.83
Camarilla35.2035.5835.9636.3436.7237.1037.48
Woodie30.1032.5534.2636.7138.4240.8742.58
Fibonacci32.6734.2635.2436.8338.4239.4040.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.0232.0133.9636.9538.9041.8943.84
Camarilla34.5535.0035.4635.9136.3636.8237.27
Woodie28.5031.7533.4436.6938.3841.6343.32
Fibonacci32.0133.9035.0636.9538.8440.0041.89

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 : - 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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