HEIDELBERG MATERIALS O.N.
HEIDELBERG MATERIALS O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HEI
ISIN: DE0006047004

HEIDELBERG MATERIALS O.N. - Daily - Technical analysis published on 09/09/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 94.30 EUR
My targets
89.56 EUR (-2.88%)
82.70 EUR (-10.32%)
My analysis
There is a bearish trend on HEIDELBERG MATERIALS O.N. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 94.30 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 89.56 EUR. Then the price could move towards 82.70 EUR. Then 79.22 EUR by extension. Be careful, a return to above the resistance 94.30 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The HEIDELBERG MATERIALS O.N. price is 92.22 EUR. On the day, this instrument gained +1.50% with the lowest point at 91.42 EUR and the highest point at 92.76 EUR. The deviation from the price is +0.88% for the low point and -0.58% for the high point.

91.42
92.76
92.22

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

Central Gaps

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:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this HEIDELBERG MATERIALS O.N. chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by 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 does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

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

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 82.70 89.56 91.78 92.22 94.30 99.93 102.80
Change (%) -10.32% -2.88% -0.48% - +2.26% +8.36% +11.47%
Change -9.52 -2.66 -0.44 - +2.08 +7.71 +10.58
Level Minor Major Intermediate - Major Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.7989.2590.0591.5192.3193.7794.57
Camarilla90.2490.4590.6590.8691.0791.2791.48
Woodie87.4789.0989.7391.3591.9993.6194.25
Fibonacci89.2590.1190.6491.5192.3792.9093.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.8186.7588.8192.7594.8198.75100.81
Camarilla89.2189.7690.3190.8691.4191.9692.51
Woodie81.8686.2887.8692.2893.8698.2899.86
Fibonacci86.7589.0590.4692.7595.0596.4698.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.5282.0688.8692.4099.20102.74109.54
Camarilla92.8293.7694.7195.6696.6197.5698.50
Woodie80.1582.8890.4993.22100.83103.56111.17
Fibonacci82.0686.0188.4592.4096.3598.79102.74

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): 46.03
MACD (12,26,9): -0.2600
Directional Movement: -8.24
AROON (14): 71.43
DEMA (21): 92.56
Parabolic SAR (0,02-0,02-0,2): 96.16
Elder Ray (13): -0.85
Super Trend (3,10): 97.16
Zig ZAG (10): 92.14
VORTEX (21): 1.0500
Stochastique (14,3,5): 17.96
TEMA (21): 93.07
Williams %R (14): -75.67
Chande Momentum Oscillator (20): -0.42
Repulse (5,40,3): -1.4700
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 5.37
MA7: 93.42
MA20: 92.54
MA50: 95.02
MA100: 95.40
MAexp7: 92.72
MAexp20: 93.03
MAexp50: 93.92
MAexp100: 93.37
Price / MA7: -1.28%
Price / MA20: -0.35%
Price / MA50: -2.95%
Price / MA100: -3.33%
Price / MAexp7: -0.54%
Price / MAexp20: -0.87%
Price / MAexp50: -1.81%
Price / MAexp100: -1.23%

Quotes : - 15 min delayed data - Germany Stocks

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

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