KBC

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	KBC
ISIN:	BE0003565737

KBC - 1H - Technical analysis published on 06/05/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 67.55 EUR

My targets

65.60 EUR (-1.23%)

64.98 EUR (-2.17%)

My analysis

KBC 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 67.55 EUR. The next support located at 65.60 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 64.98 EUR. Below this support, sellers could then target 64.22 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

6.6

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

The KBC rating is 66.42 EUR. On the day, this instrument lost -0.54% and was traded between 66.36 EUR and 67.14 EUR over the period. The price is currently at +0.09% from its lowest and -1.07% from its highest.

66.36

67.14

66.42

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

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 (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

Technical analysis of this 1H chart of KBC indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	64.98	65.60	66.23	66.42	66.64	67.55	68.06
Change (%)	-2.17%	-1.23%	-0.29%	-	+0.33%	+1.70%	+2.47%
Change	-1.44	-0.82	-0.19	-	+0.22	+1.13	+1.64
Level	Minor	Minor	Intermediate	-	Intermediate	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	64.63	65.43	66.11	66.91	67.59	68.39	69.07
Camarilla	66.37	66.51	66.64	66.78	66.92	67.05	67.19
Woodie	64.56	65.40	66.04	66.88	67.52	68.36	69.00
Fibonacci	65.43	66.00	66.35	66.91	67.48	67.83	68.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.16	64.38	65.62	66.84	68.08	69.30	70.54
Camarilla	66.18	66.41	66.64	66.86	67.09	67.31	67.54
Woodie	63.17	64.39	65.63	66.85	68.09	69.31	70.55
Fibonacci	64.38	65.32	65.90	66.84	67.78	68.36	69.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.99	61.99	64.42	67.42	69.85	72.85	75.28
Camarilla	65.37	65.87	66.36	66.86	67.36	67.86	68.35
Woodie	58.72	61.85	64.15	67.28	69.58	72.71	75.01
Fibonacci	61.99	64.06	65.34	67.42	69.49	70.77	72.85

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):	38.35
MACD (12,26,9):	-0.1700
Directional Movement:	-11.42
AROON (14):	-42.86
DEMA (21):	66.88
Parabolic SAR (0,02-0,02-0,2):	67.50
Elder Ray (13):	-0.44
Super Trend (3,10):	67.61
Zig ZAG (10):	66.42
VORTEX (21):	0.8500
Stochastique (14,3,5):	16.38
TEMA (21):	66.68
Williams %R (14):	-90.63
Chande Momentum Oscillator (20):	-1.40
Repulse (5,40,3):	-1.2200
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	3.48

MA7:	66.87
MA20:	67.51
MA50:	66.48
MA100:	63.18
MAexp7:	66.75
MAexp20:	67.05
MAexp50:	67.15
MAexp100:	67.21
Price / MA7:	-0.67%
Price / MA20:	-1.61%
Price / MA50:	-0.09%
Price / MA100:	+5.13%
Price / MAexp7:	-0.49%
Price / MAexp20:	-0.94%
Price / MAexp50:	-1.09%
Price / MAexp100:	-1.18%

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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