HENNES + MAURITZ B SK-125

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	HMSB
ISIN:	SE0000106270

HENNES + MAURITZ B SK-125 - Daily - Technical analysis published on 03/27/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 14.409 EUR

My targets

15.876 EUR (+4.01%)

16.403 EUR (+7.46%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HENNES + MAURITZ B SK-125 as long as the price remains well above 14.409 EUR. The buyers' bullish objective is set at 15.876 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.403 EUR. If there is any crossing, the next objective would be the resistance located at 17.809 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

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

HENNES + MAURITZ B SK-125 rating 15.264 EUR. The price has increased by +9.20% since the last closing and was traded between 15.030 EUR and 15.276 EUR over the period. The price is currently at +1.56% from its lowest and -0.08% from its highest.

15.030

15.276

15.264

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by HENNES + MAURITZ B SK-125:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Daily of this HENNES + MAURITZ B SK-125 chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Upside gap

Type : Bullish

Timeframe : Daily

Bearish doji star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.500	14.409	15.070	15.264	15.876	16.403	17.809
Change (%)	-11.56%	-5.60%	-1.27%	-	+4.01%	+7.46%	+16.67%
Change	-1.764	-0.855	-0.194	-	+0.612	+1.139	+2.545
Level	Intermediate	Intermediate	Minor	-	Intermediate	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.581	12.861	13.419	13.699	14.257	14.537	15.095
Camarilla	13.748	13.824	13.901	13.978	14.055	14.132	14.209
Woodie	12.721	12.931	13.559	13.769	14.397	14.607	15.235
Fibonacci	12.861	13.181	13.379	13.699	14.019	14.217	14.537

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.854	12.290	12.658	13.094	13.462	13.898	14.266
Camarilla	12.805	12.879	12.952	13.026	13.100	13.173	13.247
Woodie	11.820	12.273	12.624	13.077	13.428	13.881	14.232
Fibonacci	12.290	12.597	12.787	13.094	13.401	13.591	13.898

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.750	12.000	12.500	12.750	13.250	13.500	14.000
Camarilla	12.794	12.863	12.931	13.000	13.069	13.138	13.206
Woodie	11.875	12.063	12.625	12.813	13.375	13.563	14.125
Fibonacci	12.000	12.287	12.464	12.750	13.037	13.214	13.500

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):	72.39
MACD (12,26,9):	0.2490
Directional Movement:	33.199
AROON (14):	100.000
DEMA (21):	13.455
Parabolic SAR (0,02-0,02-0,2):	12.980
Elder Ray (13):	1.736
Super Trend (3,10):	13.629
Zig ZAG (10):	15.264
VORTEX (21):	0.9190
Stochastique (14,3,5):	90.24
TEMA (21):	13.891
Williams %R (14):	-0.43
Chande Momentum Oscillator (20):	2.448
Repulse (5,40,3):	4.7840
ROCnROLL:	1
TRIX (15,9):	0.0150
Courbe Coppock:	14.57

MA7:	13.532
MA20:	13.033
MA50:	13.142
MA100:	14.014
MAexp7:	13.774
MAexp20:	13.251
MAexp50:	13.336
MAexp100:	13.582
Price / MA7:	+12.80%
Price / MA20:	+17.12%
Price / MA50:	+16.15%
Price / MA100:	+8.92%
Price / MAexp7:	+10.82%
Price / MAexp20:	+15.19%
Price / MAexp50:	+14.46%
Price / MAexp100:	+12.38%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on HENNES + MAURITZ B SK-125. 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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