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 05/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 37.96 EUR

My targets

38.80 EUR (+1.46%)

40.48 EUR (+5.86%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on GEA GROUP AG. This is a positive signal for buyers. As long as the price remains above 37.96 EUR, a purchase could be considered. The first bullish objective is located at 38.80 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 40.48 EUR as an objective. Crossing it would then enable buyers to target 42.01 EUR. In the event of a return below 37.96 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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

6.4

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 38.24 EUR. On the day, this instrument gained +1.16% with the lowest point at 37.62 EUR and the highest point at 38.28 EUR. The deviation from the price is +1.65% for the low point and -0.10% for the high point.

37.62

38.28

38.24

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GEA GROUP AG:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GEA GROUP AG chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.19	37.72	37.96	38.24	38.80	40.48	42.01
Change (%)	-2.75%	-1.36%	-0.73%	-	+1.46%	+5.86%	+9.86%
Change	-1.05	-0.52	-0.28	-	+0.56	+2.24	+3.77
Level	Major	Minor	Intermediate	-	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	36.69	37.23	37.51	38.05	38.33	38.87	39.15
Camarilla	37.58	37.65	37.73	37.80	37.88	37.95	38.03
Woodie	36.57	37.17	37.39	37.99	38.21	38.81	39.03
Fibonacci	37.23	37.54	37.73	38.05	38.36	38.55	38.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.47	36.33	36.89	37.75	38.31	39.17	39.73
Camarilla	37.07	37.20	37.33	37.46	37.59	37.72	37.85
Woodie	35.33	36.26	36.75	37.68	38.17	39.10	39.59
Fibonacci	36.33	36.87	37.20	37.75	38.29	38.62	39.17

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.67	34.07	35.49	36.89	38.31	39.71	41.13
Camarilla	36.13	36.38	36.64	36.90	37.16	37.42	37.68
Woodie	32.67	34.08	35.49	36.90	38.31	39.72	41.13
Fibonacci	34.07	35.15	35.82	36.89	37.97	38.64	39.71

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):	58.16
MACD (12,26,9):	0.1000
Directional Movement:	13.32
AROON (14):	-35.71
DEMA (21):	38.19
Parabolic SAR (0,02-0,02-0,2):	38.43
Elder Ray (13):	0.13
Super Trend (3,10):	38.42
Zig ZAG (10):	38.24
VORTEX (21):	1.1800
Stochastique (14,3,5):	63.19
TEMA (21):	38.22
Williams %R (14):	-35.42
Chande Momentum Oscillator (20):	-0.16
Repulse (5,40,3):	0.4700
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	0.56

MA7:	37.80
MA20:	37.53
MA50:	37.30
MA100:	36.61
MAexp7:	38.14
MAexp20:	38.05
MAexp50:	37.91
MAexp100:	37.77
Price / MA7:	+1.16%
Price / MA20:	+1.89%
Price / MA50:	+2.52%
Price / MA100:	+4.45%
Price / MAexp7:	+0.26%
Price / MAexp20:	+0.50%
Price / MAexp50:	+0.87%
Price / MAexp100:	+1.24%

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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