INFINEON TECH.AG NA O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IFX
ISIN:	DE0006231004

INFINEON TECH.AG NA O.N. - 1H - Technical analysis published on 08/23/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 31.517 EUR

My targets

32.013 EUR (+0.56%)

32.585 EUR (+2.36%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INFINEON TECH.AG NA O.N.. As long as you are above the support located at 31.517 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 32.013 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 32.585 EUR as an objective. Crossing it would then enable buyers to target 34.900 EUR. If the support 31.517 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.7

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

INFINEON TECH.AG NA O.N. rating 31.835 EUR. The price is lower by -0.87% since the last closing with the lowest point at 31.645 EUR and the highest point at 32.110 EUR. The deviation from the price is +0.60% for the low point and -0.86% for the high point.

31.645

32.110

31.835

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

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 an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this INFINEON TECH.AG NA O.N. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

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:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	29.857	30.770	31.517	31.835	32.013	32.585	34.900
Change (%)	-6.21%	-3.35%	-1.00%	-	+0.56%	+2.36%	+9.63%
Change	-1.978	-1.065	-0.318	-	+0.178	+0.750	+3.065
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Minor

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	31.518	31.772	31.943	32.197	32.368	32.622	32.793
Camarilla	31.998	32.037	32.076	32.115	32.154	32.193	32.232
Woodie	31.478	31.751	31.903	32.176	32.328	32.601	32.753
Fibonacci	31.772	31.934	32.034	32.197	32.359	32.459	32.622

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.027	29.018	30.282	31.273	32.537	33.528	34.792
Camarilla	30.925	31.132	31.338	31.545	31.752	31.958	32.165
Woodie	28.163	29.086	30.418	31.341	32.673	33.596	34.928
Fibonacci	29.018	29.880	30.412	31.273	32.135	32.667	33.528

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.203	26.657	29.353	32.807	35.503	38.957	41.653
Camarilla	30.359	30.923	31.486	32.050	32.614	33.178	33.741
Woodie	22.825	26.468	28.975	32.618	35.125	38.768	41.275
Fibonacci	26.657	29.006	30.457	32.807	35.156	36.607	38.957

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):	48.07
MACD (12,26,9):	0.0350
Directional Movement:	0.354
AROON (14):	-71.429
DEMA (21):	32.062
Parabolic SAR (0,02-0,02-0,2):	32.399
Elder Ray (13):	-0.097
Super Trend (3,10):	31.638
Zig ZAG (10):	31.895
VORTEX (21):	0.9970
Stochastique (14,3,5):	41.14
TEMA (21):	31.960
Williams %R (14):	-64.52
Chande Momentum Oscillator (20):	-0.210
Repulse (5,40,3):	-0.4060
ROCnROLL:	-1
TRIX (15,9):	0.0350
Courbe Coppock:	1.02

MA7:	31.783
MA20:	30.985
MA50:	33.044
MA100:	34.048
MAexp7:	31.960
MAexp20:	31.990
MAexp50:	31.770
MAexp100:	31.498
Price / MA7:	+0.16%
Price / MA20:	+2.74%
Price / MA50:	-3.66%
Price / MA100:	-6.50%
Price / MAexp7:	-0.39%
Price / MAexp20:	-0.48%
Price / MAexp50:	+0.20%
Price / MAexp100:	+1.07%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on INFINEON TECH.AG NA O.N. 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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