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 - Daily - Technical analysis published on 12/02/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 40.01 EUR

My targets

43.00 EUR (+3.37%)

49.76 EUR (+19.62%)

My analysis

The bullish trend is currently very strong on FRESEN.MED.CARE AG INH ON. As long as the price remains above the support at 40.01 EUR, you could try to benefit from the boom. The first bullish objective is located at 43.00 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 49.76 EUR as an objective. Crossing it would then enable buyers to target 60.47 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

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.

This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FRESEN.MED.CARE AG INH ON price is 41.60 EUR. The price has increased by +0.29% since the last closing and was traded between 41.21 EUR and 41.67 EUR over the period. The price is currently at +0.95% from its lowest and -0.17% from its highest.

41.21

41.67

41.60

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of FRESEN.MED.CARE AG INH ON indicates that the overall trend is strongly bullish. 92.86% 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.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	36.80	38.39	40.01	41.60	42.06	43.00	49.76
Change (%)	-11.54%	-7.72%	-3.82%	-	+1.11%	+3.37%	+19.62%
Change	-4.80	-3.21	-1.59	-	+0.46	+1.40	+8.16
Level	Intermediate	Major	Major	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.86	41.03	41.32	41.49	41.78	41.95	42.24
Camarilla	41.47	41.52	41.56	41.60	41.64	41.68	41.73
Woodie	40.91	41.06	41.37	41.52	41.83	41.98	42.29
Fibonacci	41.03	41.21	41.32	41.49	41.67	41.78	41.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.37	40.08	41.17	41.88	42.97	43.68	44.77
Camarilla	41.76	41.92	42.09	42.25	42.42	42.58	42.75
Woodie	39.55	40.18	41.35	41.98	43.15	43.78	44.95
Fibonacci	40.08	40.77	41.20	41.88	42.57	43.00	43.68

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.21
MACD (12,26,9):	1.0800
Directional Movement:	9.77
AROON (14):	71.43
DEMA (21):	42.21
Parabolic SAR (0,02-0,02-0,2):	42.96
Elder Ray (13):	0.07
Super Trend (3,10):	39.58
Zig ZAG (10):	41.60
VORTEX (21):	1.1900
Stochastique (14,3,5):	66.67
TEMA (21):	42.58
Williams %R (14):	-42.42
Chande Momentum Oscillator (20):	1.59
Repulse (5,40,3):	-0.0800
ROCnROLL:	1
TRIX (15,9):	0.4100
Courbe Coppock:	15.09

MA7:	42.04
MA20:	40.65
MA50:	38.78
MA100:	37.12
MAexp7:	41.79
MAexp20:	40.80
MAexp50:	39.19
MAexp100:	38.13
Price / MA7:	-1.05%
Price / MA20:	+2.34%
Price / MA50:	+7.27%
Price / MA100:	+12.07%
Price / MAexp7:	-0.45%
Price / MAexp20:	+1.96%
Price / MAexp50:	+6.15%
Price / MAexp100:	+9.10%

Quotes : - 15 min delayed data - 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:

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

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