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 - 1H - Technical analysis published on 12/29/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 36.89 EUR

My targets

38.59 EUR (+2.80%)

40.09 EUR (+6.79%)

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 36.89 EUR. The next resistance located at 38.59 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 40.09 EUR. After this resistance, buyers could then target 43.15 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

8.4

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 37.54 EUR. The price registered an increase of +1.19% on the session with the lowest point at 37.11 EUR and the highest point at 37.55 EUR. The deviation from the price is +1.16% for the low point and -0.03% for the high point.

37.11

37.55

37.54

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GEA GROUP AG in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	35.36	36.89	37.41	37.54	38.59	40.09	43.15
Change (%)	-5.81%	-1.73%	-0.35%	-	+2.80%	+6.79%	+14.94%
Change	-2.18	-0.65	-0.13	-	+1.05	+2.55	+5.61
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	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
Standard	36.54	36.77	36.94	37.17	37.34	37.57	37.74
Camarilla	36.99	37.03	37.06	37.10	37.14	37.17	37.21
Woodie	36.50	36.76	36.90	37.16	37.30	37.56	37.70
Fibonacci	36.77	36.93	37.02	37.17	37.33	37.42	37.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.12	33.91	35.39	36.18	37.66	38.45	39.93
Camarilla	36.24	36.44	36.65	36.86	37.07	37.28	37.48
Woodie	33.46	34.08	35.73	36.35	38.00	38.62	40.27
Fibonacci	33.91	34.78	35.32	36.18	37.05	37.59	38.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.90	29.81	31.76	33.67	35.62	37.53	39.48
Camarilla	32.66	33.01	33.37	33.72	34.07	34.43	34.78
Woodie	27.93	29.82	31.79	33.68	35.65	37.54	39.51
Fibonacci	29.81	31.28	32.19	33.67	35.14	36.05	37.53

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):	74.10
MACD (12,26,9):	0.1600
Directional Movement:	34.11
AROON (14):	35.71
DEMA (21):	37.32
Parabolic SAR (0,02-0,02-0,2):	37.02
Elder Ray (13):	0.24
Super Trend (3,10):	36.97
Zig ZAG (10):	37.47
VORTEX (21):	1.1300
Stochastique (14,3,5):	59.63
TEMA (21):	37.25
Williams %R (14):	-14.00
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	0.9400
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	0.66

MA7:	36.79
MA20:	35.26
MA50:	34.19
MA100:	34.77
MAexp7:	37.24
MAexp20:	37.09
MAexp50:	36.65
MAexp100:	36.04
Price / MA7:	+2.04%
Price / MA20:	+6.47%
Price / MA50:	+9.80%
Price / MA100:	+7.97%
Price / MAexp7:	+0.81%
Price / MAexp20:	+1.21%
Price / MAexp50:	+2.43%
Price / MAexp100:	+4.16%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on GEA GROUP AG. At the time of publication of this analysis, the latest news was as follows:

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

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