KERING

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	KER
ISIN:	FR0000121485

KERING - 1H - Technical analysis published on 12/06/2024 (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

78%

17%

My opinion

Bullish above 228.05 EUR

My targets

240.21 EUR (+1.72%)

241.03 EUR (+2.07%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KERING as long as the price remains well above 228.05 EUR. The buyers' bullish objective is set at 240.21 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 241.03 EUR. If there is any crossing, the next objective would be the resistance located at 266.85 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.4

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The KERING price is 236.15 EUR. The price registered an increase of +5.05% on the session with the lowest point at 225.55 EUR and the highest point at 237.60 EUR. The deviation from the price is +4.70% for the low point and -0.61% for the high point.

225.55

237.60

236.15

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of KERING indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	215.65	222.65	228.05	236.15	240.21	266.85	325.82
Change (%)	-8.68%	-5.72%	-3.43%	-	+1.72%	+13.00%	+37.97%
Change	-20.50	-13.50	-8.10	-	+4.06	+30.70	+89.67
Level	Intermediate	Major	Major	-	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	218.17	220.73	222.77	225.33	227.37	229.93	231.97
Camarilla	223.54	223.96	224.38	224.80	225.22	225.64	226.07
Woodie	217.90	220.60	222.50	225.20	227.10	229.80	231.70
Fibonacci	220.73	222.49	223.58	225.33	227.09	228.18	229.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	201.43	208.52	214.63	221.72	227.83	234.92	241.03
Camarilla	217.12	218.33	219.54	220.75	221.96	223.17	224.38
Woodie	200.95	208.28	214.15	221.48	227.35	234.68	240.55
Fibonacci	208.52	213.56	216.67	221.72	226.76	229.87	234.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	168.42	187.48	204.12	223.18	239.82	258.88	275.52
Camarilla	210.93	214.21	217.48	220.75	224.02	227.30	230.57
Woodie	167.20	186.88	202.90	222.58	238.60	258.28	274.30
Fibonacci	187.48	201.12	209.55	223.18	236.82	245.25	258.88

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):	75.31
MACD (12,26,9):	2.5400
Directional Movement:	37.75
AROON (14):	35.71
DEMA (21):	230.18
Parabolic SAR (0,02-0,02-0,2):	224.03
Elder Ray (13):	7.79
Super Trend (3,10):	229.86
Zig ZAG (10):	236.50
VORTEX (21):	1.3200
Stochastique (14,3,5):	93.96
TEMA (21):	233.31
Williams %R (14):	-8.74
Chande Momentum Oscillator (20):	8.45
Repulse (5,40,3):	1.7700
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	5.64

MA7:	224.34
MA20:	219.89
MA50:	229.48
MA100:	242.53
MAexp7:	232.40
MAexp20:	227.32
MAexp50:	224.45
MAexp100:	222.70
Price / MA7:	+5.26%
Price / MA20:	+7.39%
Price / MA50:	+2.91%
Price / MA100:	-2.63%
Price / MAexp7:	+1.61%
Price / MAexp20:	+3.88%
Price / MAexp50:	+5.21%
Price / MAexp100:	+6.04%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on KERING. At the time of publication of this analysis, the latest news was as follows:

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

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