GEA GROUP AG

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	G1A
ISIN:	DE0006602006

GEA GROUP AG - Daily - Technical analysis published on 11/04/2022 (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

72%

22%

My opinion

Bullish above 35.80 EUR

My targets

37.72 EUR (+1.95%)

41.79 EUR (+12.95%)

My analysis

GEA GROUP AG 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 35.80 EUR. The next resistance located at 37.72 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 41.79 EUR. After this resistance, buyers could then target 43.23 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, 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.

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Additional analysis

Quotes

The GEA GROUP AG price is 37.00 EUR. On the day, this instrument gained +7.12% and was between 35.64 EUR and 37.12 EUR. This implies that the price is at +3.82% from its lowest and at -0.32% from its highest.

35.64

37.12

37.00

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GEA GROUP AG indicates that the overall trend is strongly bullish. 85.71% 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 detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White morning star

Type : Bullish

Timeframe : Daily

Abandoned baby morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.64	33.87	35.80	37.00	37.72	41.79	43.23
Change (%)	-11.78%	-8.46%	-3.24%	-	+1.95%	+12.95%	+16.84%
Change	-4.36	-3.13	-1.20	-	+0.72	+4.79	+6.23
Level	Major	Major	Intermediate	-	Major	Minor	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	33.01	33.50	34.02	34.51	35.03	35.52	36.04
Camarilla	34.26	34.36	34.45	34.54	34.63	34.73	34.82
Woodie	33.03	33.51	34.04	34.52	35.05	35.53	36.06
Fibonacci	33.50	33.89	34.12	34.51	34.90	35.13	35.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.53	33.35	34.53	35.35	36.53	37.35	38.53
Camarilla	35.17	35.35	35.54	35.72	35.90	36.09	36.27
Woodie	32.72	33.44	34.72	35.44	36.72	37.44	38.72
Fibonacci	33.35	34.11	34.58	35.35	36.11	36.58	37.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.94	30.53	32.97	34.56	37.00	38.59	41.03
Camarilla	34.29	34.66	35.03	35.40	35.77	36.14	36.51
Woodie	29.36	30.74	33.39	34.77	37.42	38.80	41.45
Fibonacci	30.53	32.07	33.02	34.56	36.10	37.05	38.59

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):	64.60
MACD (12,26,9):	0.5800
Directional Movement:	10.82
AROON (14):	71.43
DEMA (21):	35.70
Parabolic SAR (0,02-0,02-0,2):	33.99
Elder Ray (13):	1.05
Super Trend (3,10):	33.46
Zig ZAG (10):	36.92
VORTEX (21):	1.0100
Stochastique (14,3,5):	66.00
TEMA (21):	36.16
Williams %R (14):	-4.92
Chande Momentum Oscillator (20):	2.62
Repulse (5,40,3):	2.3000
ROCnROLL:	1
TRIX (15,9):	0.2200
Courbe Coppock:	10.17

MA7:	35.68
MA20:	34.81
MA50:	33.83
MA100:	34.39
MAexp7:	35.67
MAexp20:	34.97
MAexp50:	34.52
MAexp100:	34.90
Price / MA7:	+3.70%
Price / MA20:	+6.29%
Price / MA50:	+9.37%
Price / MA100:	+7.59%
Price / MAexp7:	+3.73%
Price / MAexp20:	+5.80%
Price / MAexp50:	+7.18%
Price / MAexp100:	+6.02%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on GEA GROUP AG at the time of the generation of this analysis was as follows:

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

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