KBC - 1H - Technical analysis published on 06/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 66.10 EUR
My targets
67.49 EUR (+0.58%)
68.40 EUR (+1.94%)
My analysis
The bullish trend is currently very strong on KBC. As long as the price remains above the support at 66.10 EUR, you could try to benefit from the boom. The first bullish objective is located at 67.49 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 68.40 EUR as an objective. Crossing it would then enable buyers to target 69.30 EUR. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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 67.10 EUR. On the day, this instrument gained +0.54% with the lowest point at 66.56 EUR and the highest point at 67.14 EUR. The deviation from the price is +0.81% for the low point and -0.06% for the high point.66.56
67.14
67.10
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 1H 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 64.92 | 66.10 | 66.81 | 67.10 | 67.49 | 68.40 | 69.30 |
| Change (%) | -3.25% | -1.49% | -0.43% | - | +0.58% | +1.94% | +3.28% |
| Change | -2.18 | -1.00 | -0.29 | - | +0.39 | +1.30 | +2.20 |
| Level | Minor | Major | Intermediate | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 65.14 | 65.78 | 66.26 | 66.90 | 67.38 | 68.02 | 68.50 |
| Camarilla | 66.43 | 66.54 | 66.64 | 66.74 | 66.84 | 66.95 | 67.05 |
| Woodie | 65.06 | 65.74 | 66.18 | 66.86 | 67.30 | 67.98 | 68.42 |
| Fibonacci | 65.78 | 66.21 | 66.47 | 66.90 | 67.33 | 67.59 | 68.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.23 | 62.75 | 64.59 | 66.11 | 67.95 | 69.47 | 71.31 |
| Camarilla | 65.52 | 65.82 | 66.13 | 66.44 | 66.75 | 67.06 | 67.36 |
| Woodie | 61.40 | 62.83 | 64.76 | 66.19 | 68.12 | 69.55 | 71.48 |
| Fibonacci | 62.75 | 64.03 | 64.82 | 66.11 | 67.39 | 68.18 | 69.47 |
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): | 52.83 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 4.31 | |
| AROON (14): | 21.42 | |
| DEMA (21): | 66.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 67.43 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 67.54 | |
| Zig ZAG (10): | 66.94 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 34.97 | |
| TEMA (21): | 66.78 | |
| Williams %R (14): | -40.98 | |
| Chande Momentum Oscillator (20): | 0.58 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.31 |
| MA7: | 66.83 | |
| MA20: | 66.22 | |
| MA50: | 66.68 | |
| MA100: | 64.63 | |
| MAexp7: | 66.90 | |
| MAexp20: | 66.79 | |
| MAexp50: | 66.58 | |
| MAexp100: | 66.34 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | +1.33% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | +3.82% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | +0.46% | |
| Price / MAexp50: | +0.78% | |
| Price / MAexp100: | +1.15% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on KBC. At the time of publication of this analysis, the latest news was as follows:
- KBC Group: Bartel Puelinckx will replace Luc Popelier as KBC Group CFO
- KBC Group: Update regarding the KBC Group share buyback programme
- KBC Group: Regulated information – 16 May 2024 after trading hours (18h00)
- KBC Group: Update regarding the KBC Group share buyback programme
- KBC Group: Notification for bondholders of KBC IFIMA
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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