KBC
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 06/07/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 66.64 EUR
My targets
65.60 EUR (-0.88%)
64.98 EUR (-1.81%)
My analysis
The bearish basic trend is very strong on KBC but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 66.64 EUR. Crossing the first support at 65.60 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 64.98 EUR as an objective. Crossing it would then enable sellers to target 64.22 EUR. Caution, a return to above the resistance located at 66.64 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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 are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.6

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

The KBC price is 66.18 EUR. The price registered an increase of +0.09% on the session and was between 66.00 EUR and 66.48 EUR. This implies that the price is at +0.27% from its lowest and at -0.45% from its highest.

66.00
66.48
66.18

Here is a more detailed summary of the historical variations registered by KBC:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this KBC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 64.98 65.60 66.10 66.18 66.64 67.55 68.54
Change (%) -1.81% -0.88% -0.12% - +0.70% +2.07% +3.57%
Change -1.20 -0.58 -0.08 - +0.46 +1.37 +2.36
Level Intermediate Intermediate Minor - Intermediate Minor 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
Standard64.5765.0165.5766.0166.5767.0167.57
Camarilla65.8565.9466.0366.1266.2166.3066.40
Woodie64.6265.0465.6266.0466.6267.0467.62
Fibonacci65.0165.4065.6366.0166.4066.6367.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.1664.3865.6266.8468.0869.3070.54
Camarilla66.1866.4166.6466.8667.0967.3167.54
Woodie63.1764.3965.6366.8568.0969.3170.55
Fibonacci64.3865.3265.9066.8467.7868.3669.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.9961.9964.4267.4269.8572.8575.28
Camarilla65.3765.8766.3666.8667.3667.8668.35
Woodie58.7261.8564.1567.2869.5872.7175.01
Fibonacci61.9964.0665.3467.4269.4970.7772.85

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 46.15
MACD (12,26,9): -0.1500
Directional Movement: -5.07
AROON (14): 57.14
DEMA (21): 66.00
Parabolic SAR (0,02-0,02-0,2): 65.66
Elder Ray (13): -0.08
Super Trend (3,10): 66.86
Zig ZAG (10): 66.08
VORTEX (21): 0.9700
Stochastique (14,3,5): 67.97
TEMA (21): 66.04
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.56
Repulse (5,40,3): -0.0600
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 0.38
MA7: 66.64
MA20: 67.37
MA50: 66.51
MA100: 63.39
MAexp7: 66.18
MAexp20: 66.24
MAexp50: 66.56
MAexp100: 66.82
Price / MA7: -0.69%
Price / MA20: -1.77%
Price / MA50: -0.50%
Price / MA100: +4.40%
Price / MAexp7: -0%
Price / MAexp20: -0.09%
Price / MAexp50: -0.57%
Price / MAexp100: -0.96%

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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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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