KBC

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	KBC
ISIN:	BE0003565737

KBC - Daily - Technical analysis published on 02/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 57.66 EUR

My targets

60.74 EUR (+3.72%)

62.25 EUR (+6.30%)

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 KBC. As long as you are above the support located at 57.66 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 60.74 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 62.25 EUR as an objective. Crossing it would then enable buyers to target 65.44 EUR. If the support 57.66 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.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

1.8

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

KBC rating 58.56 EUR. On the day, this instrument gained +3.50% and was traded between 56.94 EUR and 58.60 EUR over the period. The price is currently at +2.85% from its lowest and -0.07% from its highest.

56.94

58.60

58.56

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of KBC indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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 a result that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	50.21	54.22	57.66	58.56	60.74	62.25	65.44
Change (%)	-14.26%	-7.41%	-1.54%	-	+3.72%	+6.30%	+11.75%
Change	-8.35	-4.34	-0.90	-	+2.18	+3.69	+6.88
Level	Major	Major	Intermediate	-	Major	Minor	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	53.17	54.59	55.59	57.01	58.01	59.43	60.43
Camarilla	55.92	56.14	56.36	56.58	56.80	57.02	57.25
Woodie	52.95	54.49	55.37	56.91	57.79	59.33	60.21
Fibonacci	54.59	55.52	56.09	57.01	57.94	58.51	59.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.39	57.69	58.55	59.85	60.71	62.01	62.87
Camarilla	58.81	59.00	59.20	59.40	59.60	59.80	59.99
Woodie	56.16	57.58	58.32	59.74	60.48	61.90	62.64
Fibonacci	57.69	58.52	59.03	59.85	60.68	61.19	62.01

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.34	55.16	57.82	59.64	62.30	64.12	66.78
Camarilla	59.25	59.66	60.07	60.48	60.89	61.30	61.71
Woodie	53.76	55.37	58.24	59.85	62.72	64.33	67.20
Fibonacci	55.16	56.87	57.93	59.64	61.35	62.41	64.12

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):	48.35
MACD (12,26,9):	0.0200
Directional Movement:	-13.67
AROON (14):	-35.72
DEMA (21):	59.26
Parabolic SAR (0,02-0,02-0,2):	60.90
Elder Ray (13):	-1.21
Super Trend (3,10):	60.89
Zig ZAG (10):	58.34
VORTEX (21):	0.8000
Stochastique (14,3,5):	28.04
TEMA (21):	58.52
Williams %R (14):	-56.03
Chande Momentum Oscillator (20):	-1.60
Repulse (5,40,3):	-1.7100
ROCnROLL:	-1
TRIX (15,9):	0.1000
Courbe Coppock:	0.88

MA7:	58.78
MA20:	59.20
MA50:	58.08
MA100:	56.07
MAexp7:	58.58
MAexp20:	59.03
MAexp50:	58.14
MAexp100:	57.73
Price / MA7:	-0.37%
Price / MA20:	-1.08%
Price / MA50:	+0.83%
Price / MA100:	+4.44%
Price / MAexp7:	-0.03%
Price / MAexp20:	-0.80%
Price / MAexp50:	+0.72%
Price / MAexp100:	+1.44%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on KBC at the time of the analysis were as follows:

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

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