HEINEKEN

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	HEIA
ISIN:	NL0000009165

HEINEKEN - 1H - Technical analysis published on 07/08/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 90.86 EUR

My targets

88.61 EUR (-0.66%)

85.93 EUR (-3.67%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEINEKEN as long as the price remains well below 90.86 EUR. The sellers' bearish objective is set at 88.61 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 85.93 EUR. In case of crossing, the next objective would be the support located at 83.32 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The HEINEKEN price is 89.20 EUR. The price registered a decrease of -0.56% on the session with the lowest point at 89.06 EUR and the highest point at 90.24 EUR. The deviation from the price is +0.16% for the low point and -1.15% for the high point.

89.06

90.24

89.20

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

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:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this HEINEKEN chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	83.32	85.93	88.61	89.20	89.54	90.86	91.71
Change (%)	-6.59%	-3.67%	-0.66%	-	+0.38%	+1.86%	+2.81%
Change	-5.88	-3.27	-0.59	-	+0.34	+1.66	+2.51
Level	Major	Intermediate	Major	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	88.47	89.09	89.39	90.01	90.31	90.93	91.23
Camarilla	89.45	89.53	89.62	89.70	89.78	89.87	89.95
Woodie	88.32	89.01	89.24	89.93	90.16	90.85	91.08
Fibonacci	89.09	89.44	89.66	90.01	90.36	90.58	90.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.54	87.74	88.72	89.92	90.90	92.10	93.08
Camarilla	89.10	89.30	89.50	89.70	89.90	90.10	90.30
Woodie	86.43	87.69	88.61	89.87	90.79	92.05	92.97
Fibonacci	87.74	88.57	89.09	89.92	90.75	91.27	92.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.10	86.10	88.20	92.20	94.30	98.30	100.40
Camarilla	88.62	89.18	89.74	90.30	90.86	91.42	91.98
Woodie	81.15	85.63	87.25	91.73	93.35	97.83	99.45
Fibonacci	86.10	88.43	89.87	92.20	94.53	95.97	98.30

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	30.78
MACD (12,26,9):	-0.2100
Directional Movement:	-15.80
AROON (14):	-78.57
DEMA (21):	89.79
Parabolic SAR (0,02-0,02-0,2):	90.43
Elder Ray (13):	-0.66
Super Trend (3,10):	90.22
Zig ZAG (10):	89.26
VORTEX (21):	0.8100
Stochastique (14,3,5):	7.90
TEMA (21):	89.70
Williams %R (14):	-87.18
Chande Momentum Oscillator (20):	-1.04
Repulse (5,40,3):	-0.8200
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	1.41

MA7:	89.91
MA20:	92.28
MA50:	92.90
MA100:	89.80
MAexp7:	89.69
MAexp20:	90.01
MAexp50:	90.39
MAexp100:	91.06
Price / MA7:	-0.79%
Price / MA20:	-3.34%
Price / MA50:	-3.98%
Price / MA100:	-0.67%
Price / MAexp7:	-0.55%
Price / MAexp20:	-0.90%
Price / MAexp50:	-1.32%
Price / MAexp100:	-2.04%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on HEINEKEN. 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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