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 11/06/2024 (GMT)

  • 122
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 68.77 EUR
My targets
69.94 EUR (+1.19%)
71.85 EUR (+3.95%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 68.77 EUR remains possible. It is advisable to trade KBC with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 68.77 EUR. The next bullish objective for buyers is set at 69.94 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 71.85 EUR. PS: if there is a bearish break in the support located at 68.77 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.1

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 69.12 EUR. On the day, this instrument lost -0.26% with the lowest point at 68.80 EUR and the highest point at 70.54 EUR. The deviation from the price is +0.47% for the low point and -2.01% for the high point.

68.80
70.54
69.12

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
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 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


Technical analysis of KBC in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 66.74 67.56 68.77 69.12 69.30 69.94 71.85
Change (%) -3.44% -2.26% -0.51% - +0.26% +1.19% +3.95%
Change -2.38 -1.56 -0.35 - +0.18 +0.82 +2.73
Level Intermediate Minor Intermediate - Major Major 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
Standard68.1568.6168.9569.4169.7570.2170.55
Camarilla69.0869.1569.2369.3069.3769.4569.52
Woodie68.1068.5868.9069.3869.7070.1870.50
Fibonacci68.6168.9169.1069.4169.7169.9070.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.3664.5266.4867.6469.6070.7672.72
Camarilla67.5867.8768.1568.4468.7369.0169.30
Woodie63.7664.7266.8867.8470.0070.9673.12
Fibonacci64.5265.7166.4567.6468.8369.5770.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.4062.0464.3668.0070.3273.9676.28
Camarilla65.0465.5966.1366.6867.2367.7768.32
Woodie57.7461.7163.7067.6769.6673.6375.62
Fibonacci62.0464.3265.7268.0070.2871.6873.96

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): 51.39
MACD (12,26,9): 0.2900
Directional Movement: 3.64
AROON (14): -14.29
DEMA (21): 69.69
Parabolic SAR (0,02-0,02-0,2): 70.47
Elder Ray (13): -0.31
Super Trend (3,10): 68.93
Zig ZAG (10): 69.12
VORTEX (21): 0.9700
Stochastique (14,3,5): 16.27
TEMA (21): 69.59
Williams %R (14): -85.06
Chande Momentum Oscillator (20): -0.28
Repulse (5,40,3): -0.5800
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 0.54
MA7: 68.20
MA20: 68.30
MA50: 68.99
MA100: 68.50
MAexp7: 69.36
MAexp20: 69.24
MAexp50: 68.65
MAexp100: 68.37
Price / MA7: +1.35%
Price / MA20: +1.20%
Price / MA50: +0.19%
Price / MA100: +0.91%
Price / MAexp7: -0.35%
Price / MAexp20: -0.17%
Price / MAexp50: +0.68%
Price / MAexp100: +1.10%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

About author

Online

Overall rating :
15967
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis KBC - 1H