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 05/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 37.72 EUR

My targets

40.09 EUR (+4.56%)

43.15 EUR (+12.55%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GEA GROUP AG as long as the price remains well above 37.72 EUR. The buyers' bullish objective is set at 40.09 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.15 EUR. If there is any crossing, the next objective would be the resistance located at 46.52 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.9

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 price is 38.34 EUR. On the day, this instrument lost -0.10% and was traded between 38.28 EUR and 38.70 EUR over the period. The price is currently at +0.16% from its lowest and -0.93% from its highest.

38.28

38.70

38.34

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

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 result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GEA GROUP AG chart shows a strongly bullish trend. 89.29% 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.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

Downside gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	36.44	36.93	37.72	38.34	38.39	40.09	43.15
Change (%)	-4.96%	-3.68%	-1.62%	-	+0.13%	+4.56%	+12.55%
Change	-1.90	-1.41	-0.62	-	+0.05	+1.75	+4.81
Level	Intermediate	Minor	Major	-	Intermediate	Major	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	36.45	36.89	37.63	38.07	38.81	39.25	39.99
Camarilla	38.06	38.16	38.27	38.38	38.49	38.60	38.71
Woodie	36.61	36.97	37.79	38.15	38.97	39.33	40.15
Fibonacci	36.89	37.34	37.62	38.07	38.52	38.80	39.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.22	35.30	35.88	36.96	37.54	38.62	39.20
Camarilla	36.00	36.16	36.31	36.46	36.61	36.76	36.92
Woodie	33.97	35.18	35.63	36.84	37.29	38.50	38.95
Fibonacci	35.30	35.93	36.33	36.96	37.59	37.99	38.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.55	34.99	36.45	37.89	39.35	40.79	42.25
Camarilla	37.10	37.37	37.63	37.90	38.17	38.43	38.70
Woodie	33.55	35.00	36.45	37.90	39.35	40.80	42.25
Fibonacci	34.99	36.10	36.79	37.89	39.00	39.69	40.79

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):	67.34
MACD (12,26,9):	0.3400
Directional Movement:	27.01
AROON (14):	92.86
DEMA (21):	38.15
Parabolic SAR (0,02-0,02-0,2):	37.42
Elder Ray (13):	0.39
Super Trend (3,10):	37.59
Zig ZAG (10):	38.32
VORTEX (21):	1.2100
Stochastique (14,3,5):	83.24
TEMA (21):	38.40
Williams %R (14):	-23.75
Chande Momentum Oscillator (20):	1.04
Repulse (5,40,3):	-0.0300
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	5.56

MA7:	37.41
MA20:	37.42
MA50:	37.88
MA100:	37.26
MAexp7:	38.16
MAexp20:	37.74
MAexp50:	37.41
MAexp100:	37.37
Price / MA7:	+2.49%
Price / MA20:	+2.46%
Price / MA50:	+1.21%
Price / MA100:	+2.90%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.59%
Price / MAexp50:	+2.49%
Price / MAexp100:	+2.60%

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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