INFINEON TECH.AG NA O.N.
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 10/22/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 30.216 EUR
My targets
29.729 EUR (-0.51%)
29.257 EUR (-2.09%)
My analysis
INFINEON TECH.AG NA O.N. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 30.216 EUR. The next support located at 29.729 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 29.257 EUR. Below this support, sellers could then target 28.520 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

INFINEON TECH.AG NA O.N. rating 29.880 EUR. The price is lower by -0.32% since the last closing with the lowest point at 29.685 EUR and the highest point at 30.100 EUR. The deviation from the price is +0.66% for the low point and -0.73% for the high point.

29.685
30.100
29.880

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of INFINEON TECH.AG NA O.N. indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 28.520 29.257 29.729 29.880 30.216 30.799 32.013
Change (%) -4.55% -2.09% -0.51% - +1.12% +3.08% +7.14%
Change -1.360 -0.623 -0.151 - +0.336 +0.919 +2.133
Level Intermediate Intermediate Major - Minor Intermediate Intermediate



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
Standard29.31729.56829.77230.02330.22730.47830.682
Camarilla29.85029.89229.93329.97530.01730.05830.100
Woodie29.29329.55629.74830.01130.20330.46630.658
Fibonacci29.56829.74229.85030.02330.19730.30530.478


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.09029.03529.90030.84531.71032.65533.520
Camarilla30.26730.43330.59930.76530.93131.09731.263
Woodie28.05029.01529.86030.82531.67032.63533.480
Fibonacci29.03529.72630.15430.84531.53631.96432.655


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.34326.35728.90830.92233.47335.48738.038
Camarilla30.20530.62331.04231.46031.87932.29732.715
Woodie24.61326.49129.17831.05633.74335.62138.308
Fibonacci26.35728.10129.17830.92232.66633.74335.487

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): 37.86
MACD (12,26,9): -0.2360
Directional Movement: -12.117
AROON (14): -42.857
DEMA (21): 30.140
Parabolic SAR (0,02-0,02-0,2): 31.194
Elder Ray (13): -0.294
Super Trend (3,10): 30.815
Zig ZAG (10): 29.975
VORTEX (21): 0.9460
Stochastique (14,3,5): 12.93
TEMA (21): 29.915
Williams %R (14): -89.12
Chande Momentum Oscillator (20): -1.125
Repulse (5,40,3): -0.3510
ROCnROLL: 2
TRIX (15,9): -0.0690
Courbe Coppock: 6.96
MA7: 30.562
MA20: 30.518
MA50: 30.674
MA100: 32.396
MAexp7: 30.087
MAexp20: 30.400
MAexp50: 30.557
MAexp100: 30.524
Price / MA7: -2.23%
Price / MA20: -2.09%
Price / MA50: -2.59%
Price / MA100: -7.77%
Price / MAexp7: -0.69%
Price / MAexp20: -1.71%
Price / MAexp50: -2.22%
Price / MAexp100: -2.11%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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