KBC
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 03/14/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 62.38 EUR
My targets
72.58 EUR (+6.64%)
78.94 EUR (+15.99%)
My analysis
The bullish trend is currently very strong on KBC. As long as the price remains above the support at 62.38 EUR, you could try to benefit from the boom. The first bullish objective is located at 72.58 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 78.94 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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. 1H Weekly

Additional analysis

Quotes

The KBC price is 68.06 EUR. On the day, this instrument lost -0.56% with the lowest point at 67.76 EUR and the highest point at 68.16 EUR. The deviation from the price is +0.44% for the low point and -0.15% for the high point.

67.76
68.16
68.06

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

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this KBC chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 56.58 60.74 67.53 68.06
Change (%) -16.87% -10.76% -0.78% -
Change -11.48 -7.32 -0.53 -
Level Minor Intermediate Major -



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
Standard67.2867.7668.1068.5868.9269.4069.74
Camarilla68.2268.2968.3768.4468.5268.5968.67
Woodie67.2167.7368.0368.5568.8569.3769.67
Fibonacci67.7668.0768.2768.5868.8969.0969.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.6364.7166.2967.3768.9570.0371.61
Camarilla67.1567.3967.6467.8868.1268.3768.61
Woodie63.8964.8466.5567.5069.2170.1671.87
Fibonacci64.7165.7266.3567.3768.3869.0170.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.3452.1858.5462.3868.7472.5878.94
Camarilla62.1063.0363.9764.9065.8466.7767.71
Woodie49.6052.8159.8063.0170.0073.2180.20
Fibonacci52.1856.0858.4862.3866.2868.6872.58

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): 67.92
MACD (12,26,9): 1.9000
Directional Movement: 20.66
AROON (14): 92.86
DEMA (21): 68.42
Parabolic SAR (0,02-0,02-0,2): 67.59
Elder Ray (13): 1.02
Super Trend (3,10): 65.46
Zig ZAG (10): 68.06
VORTEX (21): 1.1800
Stochastique (14,3,5): 89.61
TEMA (21): 68.98
Williams %R (14): -19.77
Chande Momentum Oscillator (20): 2.94
Repulse (5,40,3): 0.6700
ROCnROLL: 1
TRIX (15,9): 0.4200
Courbe Coppock: 13.81
MA7: 68.03
MA20: 65.70
MA50: 62.25
MA100: 58.24
MAexp7: 67.81
MAexp20: 65.94
MAexp50: 62.94
MAexp100: 60.69
Price / MA7: +0.04%
Price / MA20: +3.59%
Price / MA50: +9.33%
Price / MA100: +16.86%
Price / MAexp7: +0.37%
Price / MAexp20: +3.22%
Price / MAexp50: +8.13%
Price / MAexp100: +12.14%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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