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 09/16/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 42.01 EUR

My targets

42.61 EUR (+0.83%)

45.09 EUR (+6.70%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 42.01 EUR remains possible. It is advisable to trade GEA GROUP AG with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 42.01 EUR. The next bullish objective for buyers is set at 42.61 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 45.09 EUR. PS: if there is a bearish break in the support located at 42.01 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

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 42.26 EUR. On the day, this instrument lost -0.14% and was traded between 42.02 EUR and 42.34 EUR over the period. The price is currently at +0.57% from its lowest and -0.19% from its highest.

42.02

42.34

42.26

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand 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, 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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GEA GROUP AG in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	40.86	41.48	42.01	42.26	42.38	42.61	45.09
Change (%)	-3.31%	-1.85%	-0.59%	-	+0.28%	+0.83%	+6.70%
Change	-1.40	-0.78	-0.25	-	+0.12	+0.35	+2.83
Level	Intermediate	Major	Major	-	Minor	Major	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	41.82	42.04	42.18	42.40	42.54	42.76	42.90
Camarilla	42.22	42.25	42.29	42.32	42.35	42.39	42.42
Woodie	41.78	42.02	42.14	42.38	42.50	42.74	42.86
Fibonacci	42.04	42.18	42.26	42.40	42.54	42.62	42.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.52	41.00	41.66	42.14	42.80	43.28	43.94
Camarilla	42.01	42.11	42.22	42.32	42.43	42.53	42.63
Woodie	40.61	41.05	41.75	42.19	42.89	43.33	44.03
Fibonacci	41.00	41.44	41.71	42.14	42.58	42.85	43.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.75	36.39	39.39	41.03	44.03	45.67	48.67
Camarilla	41.12	41.55	41.98	42.40	42.83	43.25	43.68
Woodie	35.44	36.73	40.08	41.37	44.72	46.01	49.36
Fibonacci	36.39	38.16	39.25	41.03	42.80	43.89	45.67

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):	50.25
MACD (12,26,9):	0.0300
Directional Movement:	-3.71
AROON (14):	21.43
DEMA (21):	42.32
Parabolic SAR (0,02-0,02-0,2):	42.60
Elder Ray (13):	-0.03
Super Trend (3,10):	41.95
Zig ZAG (10):	42.26
VORTEX (21):	1.0100
Stochastique (14,3,5):	36.99
TEMA (21):	42.30
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	-0.08
Repulse (5,40,3):	0.0400
ROCnROLL:	-1
TRIX (15,9):	0.0200
Courbe Coppock:	0.46

MA7:	42.13
MA20:	41.72
MA50:	40.71
MA100:	39.47
MAexp7:	42.28
MAexp20:	42.27
MAexp50:	42.19
MAexp100:	42.00
Price / MA7:	+0.31%
Price / MA20:	+1.29%
Price / MA50:	+3.81%
Price / MA100:	+7.07%
Price / MAexp7:	-0.05%
Price / MAexp20:	-0.02%
Price / MAexp50:	+0.17%
Price / MAexp100:	+0.62%

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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