HEIDELBERG MATERIALS O.N. - Daily - Technical analysis published on 10/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 65.95 EUR
My targets
63.12 EUR (-0.38%)
61.83 EUR (-2.41%)
My analysis
There is a bearish trend on HEIDELBERGCEMENT AG O.N. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 65.95 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 63.12 EUR. Then the price could move towards 61.83 EUR. Then 60.27 EUR by extension. Be careful, a return to above the resistance 65.95 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
3.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEIDELBERGCEMENT AG O.N. rating 63.36 EUR. On the day, this instrument lost -0.60% and was between 62.80 EUR and 63.78 EUR. This implies that the price is at +0.89% from its lowest and at -0.66% from its highest.62.80
63.78
63.36
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of HEIDELBERGCEMENT AG O.N. in Daily shows an overall bearish trend. The signals given by moving averages are at 75% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 60.27 | 61.83 | 63.12 | 63.36 | 65.95 | 68.35 | 69.78 |
| Change (%) | -4.88% | -2.41% | -0.38% | - | +4.09% | +7.88% | +10.13% |
| Change | -3.09 | -1.53 | -0.24 | - | +2.59 | +4.99 | +6.42 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.54 | 62.22 | 62.98 | 63.66 | 64.42 | 65.10 | 65.86 |
| Camarilla | 63.34 | 63.48 | 63.61 | 63.74 | 63.87 | 64.00 | 64.14 |
| Woodie | 61.58 | 62.24 | 63.02 | 63.68 | 64.46 | 65.12 | 65.90 |
| Fibonacci | 62.22 | 62.77 | 63.11 | 63.66 | 64.21 | 64.55 | 65.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.37 | 58.61 | 60.97 | 62.21 | 64.57 | 65.81 | 68.17 |
| Camarilla | 62.33 | 62.66 | 62.99 | 63.32 | 63.65 | 63.98 | 64.31 |
| Woodie | 57.92 | 58.89 | 61.52 | 62.49 | 65.12 | 66.09 | 68.72 |
| Fibonacci | 58.61 | 59.99 | 60.84 | 62.21 | 63.59 | 64.44 | 65.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.66 | 57.60 | 61.96 | 65.90 | 70.26 | 74.20 | 78.56 |
| Camarilla | 64.04 | 64.80 | 65.56 | 66.32 | 67.08 | 67.84 | 68.60 |
| Woodie | 53.87 | 57.71 | 62.17 | 66.01 | 70.47 | 74.31 | 78.77 |
| Fibonacci | 57.60 | 60.77 | 62.73 | 65.90 | 69.07 | 71.03 | 74.20 |
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): | 48.04 | |
| MACD (12,26,9): | -0.5300 | |
| Directional Movement: | 1.06 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 63.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.34 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 65.21 | |
| Zig ZAG (10): | 63.30 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 50.83 | |
| TEMA (21): | 62.54 | |
| Williams %R (14): | -52.49 | |
| Chande Momentum Oscillator (20): | -2.24 | |
| Repulse (5,40,3): | 1.2800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 9.90 |
| MA7: | 62.39 | |
| MA20: | 64.13 | |
| MA50: | 63.27 | |
| MA100: | 65.69 | |
| MAexp7: | 63.07 | |
| MAexp20: | 63.65 | |
| MAexp50: | 64.26 | |
| MAexp100: | 64.89 | |
| Price / MA7: | +1.55% | |
| Price / MA20: | -1.20% | |
| Price / MA50: | +0.14% | |
| Price / MA100: | -3.55% | |
| Price / MAexp7: | +0.46% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -1.40% | |
| Price / MAexp100: | -2.36% |
News
Don"t forget to follow the news on HEIDELBERGCEMENT AG O.N.. At the time of publication of this analysis, the latest news was as follows:
- DGAP-AGM: HeidelbergCement AG: Announcement of the Convening of the General Meeting in 69168 Wiesloch on 09.05.2019 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
- DGAP-Adhoc: HeidelbergCement AG: HeidelbergCement partially adapts outlook for the year 2018
- DGAP-AGM: HeidelbergCement AG: Announcement of the Convening of the General Meeting in Heidelberg on 09.05.2018 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution
This member declared not having a position on this financial instrument or a related financial instrument.
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