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 08/30/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 38.59 EUR

My targets

34.85 EUR (-4.21%)

30.90 EUR (-15.06%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GEA GROUP AG. As long as you are under the resistance located at 38.59 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 34.85 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 30.90 EUR as an objective. Crossing it would then enable sellers to target 26.24 EUR. If the resistance 38.59 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

2.9

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 rating is 36.38 EUR. The price registered a decrease of -0.03% on the session and was between 36.30 EUR and 36.53 EUR. This implies that the price is at +0.22% from its lowest and at -0.41% from its highest.

36.30

36.53

36.38

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this GEA GROUP AG chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26.24	30.90	34.85	36.38	36.89	38.59	40.45
Change (%)	-27.87%	-15.06%	-4.21%	-	+1.40%	+6.07%	+11.19%
Change	-10.14	-5.48	-1.53	-	+0.51	+2.21	+4.07
Level	Minor	Major	Major	-	Major	Minor	Intermediate

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	35.77	35.93	36.16	36.32	36.55	36.71	36.94
Camarilla	36.28	36.32	36.35	36.39	36.43	36.46	36.50
Woodie	35.81	35.95	36.20	36.34	36.59	36.73	36.98
Fibonacci	35.93	36.08	36.17	36.32	36.47	36.56	36.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.56	34.19	34.99	35.62	36.42	37.05	37.85
Camarilla	35.40	35.53	35.66	35.79	35.92	36.05	36.18
Woodie	33.65	34.23	35.08	35.66	36.51	37.09	37.94
Fibonacci	34.19	34.74	35.07	35.62	36.17	36.50	37.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.71	34.76	36.68	37.73	39.65	40.70	42.62
Camarilla	37.77	38.05	38.32	38.59	38.86	39.14	39.41
Woodie	34.14	34.98	37.11	37.95	40.08	40.92	43.05
Fibonacci	34.76	35.90	36.60	37.73	38.87	39.57	40.70

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):	46.82
MACD (12,26,9):	-0.4400
Directional Movement:	-3.99
AROON (14):	-42.86
DEMA (21):	35.76
Parabolic SAR (0,02-0,02-0,2):	35.03
Elder Ray (13):	0.27
Super Trend (3,10):	36.79
Zig ZAG (10):	36.38
VORTEX (21):	0.8000
Stochastique (14,3,5):	57.68
TEMA (21):	35.73
Williams %R (14):	-38.58
Chande Momentum Oscillator (20):	-0.31
Repulse (5,40,3):	0.0200
ROCnROLL:	-1
TRIX (15,9):	-0.2000
Courbe Coppock:	6.86

MA7:	35.93
MA20:	36.38
MA50:	37.16
MA100:	38.86
MAexp7:	36.08
MAexp20:	36.37
MAexp50:	37.24
MAexp100:	38.05
Price / MA7:	+1.25%
Price / MA20:	-0%
Price / MA50:	-2.10%
Price / MA100:	-6.38%
Price / MAexp7:	+0.83%
Price / MAexp20:	+0.03%
Price / MAexp50:	-2.31%
Price / MAexp100:	-4.39%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on GEA GROUP AG 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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