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 07/23/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 69.30 EUR

My targets

70.38 EUR (+0.89%)

My analysis

The bullish trend is currently very strong on KBC. As long as the price remains above the support at 69.30 EUR, you could try to benefit from the boom. The first bullish objective is located at 70.38 EUR. The bullish momentum would be boosted by a break in this resistance. 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

8.6

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 69.76 EUR. On the day, this instrument gained +1.81% with the lowest point at 68.74 EUR and the highest point at 69.76 EUR. The deviation from the price is +1.48% for the low point and 0% for the high point.

68.74

69.76

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 (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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this KBC chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	68.49	68.78	69.30	69.76
Change (%)	-1.82%	-1.40%	-0.66%	-
Change	-1.27	-0.98	-0.46	-
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
Standard	66.89	67.37	67.95	68.43	69.01	69.49	70.07
Camarilla	68.23	68.33	68.42	68.52	68.62	68.71	68.81
Woodie	66.93	67.40	67.99	68.46	69.05	69.52	70.11
Fibonacci	67.37	67.78	68.03	68.43	68.84	69.09	69.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	65.04	66.02	66.82	67.80	68.60	69.58	70.38
Camarilla	67.13	67.29	67.46	67.62	67.78	67.95	68.11
Woodie	64.95	65.98	66.73	67.76	68.51	69.54	70.29
Fibonacci	66.02	66.70	67.12	67.80	68.48	68.90	69.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	57.97	60.55	63.23	65.81	68.49	71.07	73.75
Camarilla	64.45	64.94	65.42	65.90	66.38	66.86	67.35
Woodie	58.01	60.58	63.27	65.84	68.53	71.10	73.79
Fibonacci	60.55	62.56	63.80	65.81	67.82	69.06	71.07

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):	75.78
MACD (12,26,9):	0.2000
Directional Movement:	23.56
AROON (14):	71.43
DEMA (21):	68.78
Parabolic SAR (0,02-0,02-0,2):	67.86
Elder Ray (13):	0.86
Super Trend (3,10):	68.05
Zig ZAG (10):	69.42
VORTEX (21):	1.1900
Stochastique (14,3,5):	84.47
TEMA (21):	69.07
Williams %R (14):	-3.51
Chande Momentum Oscillator (20):	2.12
Repulse (5,40,3):	1.2400
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	3.71

MA7:	68.42
MA20:	67.33
MA50:	66.98
MA100:	66.23
MAexp7:	68.97
MAexp20:	68.35
MAexp50:	68.18
MAexp100:	67.87
Price / MA7:	+1.96%
Price / MA20:	+3.61%
Price / MA50:	+4.15%
Price / MA100:	+5.33%
Price / MAexp7:	+1.15%
Price / MAexp20:	+2.06%
Price / MAexp50:	+2.32%
Price / MAexp100:	+2.78%

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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