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 09/06/2023 (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

67%

33%

My opinion

Bearish under 38.59 EUR

My targets

34.85 EUR (-5.20%)

30.90 EUR (-15.94%)

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 25.31 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.1

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

GEA GROUP AG rating 36.76 EUR. The price has increased by +2.62% since the last closing with the lowest point at 35.56 EUR and the highest point at 36.82 EUR. The deviation from the price is +3.37% for the low point and -0.16% for the high point.

35.56

36.82

36.76

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

Opening Gap DOWN

Type : Bearish

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 for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GEA GROUP AG in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals 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

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.31	30.90	34.85	36.76	36.89	38.59	40.45
Change (%)	-31.15%	-15.94%	-5.20%	-	+0.35%	+4.98%	+10.04%
Change	-11.45	-5.86	-1.91	-	+0.13	+1.83	+3.69
Level	Intermediate	Major	Major	-	Major	Minor	Intermediate

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	35.06	35.44	35.63	36.01	36.20	36.58	36.77
Camarilla	35.66	35.72	35.77	35.82	35.87	35.93	35.98
Woodie	34.97	35.39	35.54	35.96	36.11	36.53	36.68
Fibonacci	35.44	35.66	35.79	36.01	36.23	36.36	36.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.86	35.36	35.84	36.34	36.82	37.32	37.80
Camarilla	36.05	36.14	36.23	36.32	36.41	36.50	36.59
Woodie	34.85	35.36	35.83	36.34	36.81	37.32	37.79
Fibonacci	35.36	35.73	35.97	36.34	36.71	36.95	37.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.31	32.57	34.48	36.74	38.65	40.91	42.82
Camarilla	35.25	35.64	36.02	36.40	36.78	37.17	37.55
Woodie	30.15	32.48	34.32	36.65	38.49	40.82	42.66
Fibonacci	32.57	34.16	35.14	36.74	38.33	39.31	40.91

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	52.86
MACD (12,26,9):	-0.2400
Directional Movement:	-0.87
AROON (14):	57.14
DEMA (21):	35.96
Parabolic SAR (0,02-0,02-0,2):	36.84
Elder Ray (13):	-0.06
Super Trend (3,10):	36.79
Zig ZAG (10):	36.76
VORTEX (21):	0.8700
Stochastique (14,3,5):	72.28
TEMA (21):	36.11
Williams %R (14):	-3.96
Chande Momentum Oscillator (20):	1.91
Repulse (5,40,3):	1.9400
ROCnROLL:	-1
TRIX (15,9):	-0.1500
Courbe Coppock:	1.26

MA7:	36.36
MA20:	36.10
MA50:	37.00
MA100:	38.58
MAexp7:	36.29
MAexp20:	36.36
MAexp50:	37.07
MAexp100:	37.89
Price / MA7:	+1.10%
Price / MA20:	+1.83%
Price / MA50:	-0.65%
Price / MA100:	-4.72%
Price / MAexp7:	+1.30%
Price / MAexp20:	+1.10%
Price / MAexp50:	-0.84%
Price / MAexp100:	-2.98%

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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