INFINEON TECH.AG NA O.N. - Daily - Technical analysis published on 10/15/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
17%
39%
My opinion
Bullish above 29.729 EUR
My targets
32.013 EUR (+3.37%)
33.014 EUR (+6.60%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for INFINEON TECH.AG NA O.N. as long as the price remains well above 29.729 EUR. The buyers' bullish objective is set at 32.013 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.014 EUR. If there is any crossing, the next objective would be the resistance located at 35.591 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
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INFINEON TECH.AG NA O.N. price is 30.970 EUR. The price is lower by -0.24% since the last closing with the lowest point at 30.885 EUR and the highest point at 31.400 EUR. The deviation from the price is +0.28% for the low point and -1.37% for the high point.30.885
31.400
30.970
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of INFINEON TECH.AG NA O.N. indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.520 | 29.729 | 30.804 | 30.970 | 32.013 | 33.014 | 35.591 |
| Change (%) | -7.91% | -4.01% | -0.54% | - | +3.37% | +6.60% | +14.92% |
| Change | -2.450 | -1.241 | -0.166 | - | +1.043 | +2.044 | +4.621 |
| Level | Intermediate | Major | Intermediate | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.675 | 30.055 | 30.550 | 30.930 | 31.425 | 31.805 | 32.300 |
| Camarilla | 30.804 | 30.885 | 30.965 | 31.045 | 31.125 | 31.205 | 31.286 |
| Woodie | 29.733 | 30.084 | 30.608 | 30.959 | 31.483 | 31.834 | 32.358 |
| Fibonacci | 30.055 | 30.389 | 30.596 | 30.930 | 31.264 | 31.471 | 31.805 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.015 | 28.635 | 29.525 | 30.145 | 31.035 | 31.655 | 32.545 |
| Camarilla | 30.000 | 30.138 | 30.277 | 30.415 | 30.553 | 30.692 | 30.830 |
| Woodie | 28.150 | 28.703 | 29.660 | 30.213 | 31.170 | 31.723 | 32.680 |
| Fibonacci | 28.635 | 29.212 | 29.568 | 30.145 | 30.722 | 31.078 | 31.655 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.343 | 26.357 | 28.908 | 30.922 | 33.473 | 35.487 | 38.038 |
| Camarilla | 30.205 | 30.623 | 31.042 | 31.460 | 31.879 | 32.297 | 32.715 |
| Woodie | 24.613 | 26.491 | 29.178 | 31.056 | 33.743 | 35.621 | 38.308 |
| Fibonacci | 26.357 | 28.101 | 29.178 | 30.922 | 32.666 | 33.743 | 35.487 |
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): | 52.98 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 8.183 | |
| AROON (14): | 21.429 | |
| DEMA (21): | 30.460 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.873 | |
| Elder Ray (13): | 0.619 | |
| Super Trend (3,10): | 28.553 | |
| Zig ZAG (10): | 30.945 | |
| VORTEX (21): | 0.9770 | |
| Stochastique (14,3,5): | 44.84 | |
| TEMA (21): | 30.789 | |
| Williams %R (14): | -52.21 | |
| Chande Momentum Oscillator (20): | -1.710 | |
| Repulse (5,40,3): | 1.1750 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 3.48 |
| MA7: | 30.536 | |
| MA20: | 30.398 | |
| MA50: | 30.666 | |
| MA100: | 32.659 | |
| MAexp7: | 30.658 | |
| MAexp20: | 30.492 | |
| MAexp50: | 30.944 | |
| MAexp100: | 31.843 | |
| Price / MA7: | +1.42% | |
| Price / MA20: | +1.88% | |
| Price / MA50: | +0.99% | |
| Price / MA100: | -5.17% | |
| Price / MAexp7: | +1.02% | |
| Price / MAexp20: | +1.57% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | -2.74% |
Quotes :
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15 min delayed data
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Germany Stocks
News
Don't forget to follow the news on INFINEON TECH.AG NA O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-Adhoc: Infineon Technologies AG: Infineon Technologies AG and Qimonda insolvency administrator reach settlement to bring legal dispute to an end by mutual agreement
- Settlement Between Dr Michael Jaffé as Insolvency Administrator for Qimonda AG and Infineon Provides for a Settlement Amount of 800 million Euros
- EQS-News: Infineon Technologies AG: Slight increase in revenue and earnings in Q3 FY 2024. Further improvement expected in Q4 FY 2024. Full-year forecast well within the previously guided range
- EQS-News: Infineon: Solid Q2 FY 2024. Prolonged weak demand in major target markets leads to a lowering of the forecast for the fiscal year. Program to strengthen competitiveness starts.
- EQS-News: Infineon with robust Q1 FY 2024. Market environment outside automotive remains weak. Weaker currency and markets are leading to an adjustment of FY 2024 outlook
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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