METRO AG ST O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	B4B
ISIN:	DE000BFB0019

METRO AG ST O.N. - Daily - Technical analysis published on 11/04/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 14.765 EUR

My targets

15.100 EUR (+1.00%)

15.500 EUR (+3.68%)

My analysis

METRO AG ST O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.765 EUR. The next resistance located at 15.100 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15.500 EUR. After this resistance, buyers could then target 16.075 EUR.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

6.3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The METRO AG ST O.N. rating is 14.950 EUR. On the day, this instrument gained +1.25% and was traded between 14.675 EUR and 14.985 EUR over the period. The price is currently at +1.87% from its lowest and -0.23% from its highest.

14.675

14.985

14.950

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this METRO AG ST O.N. chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.212	14.593	14.765	14.950	15.100	15.500	16.075
Change (%)	-4.94%	-2.39%	-1.24%	-	+1.00%	+3.68%	+7.53%
Change	-0.738	-0.357	-0.185	-	+0.150	+0.550	+1.125
Level	Minor	Intermediate	Major	-	Major	Minor	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	14.517	14.608	14.687	14.778	14.857	14.948	15.027
Camarilla	14.718	14.734	14.749	14.765	14.781	14.796	14.812
Woodie	14.510	14.605	14.680	14.775	14.850	14.945	15.020
Fibonacci	14.608	14.673	14.713	14.778	14.843	14.883	14.948

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.400	13.715	14.240	14.555	15.080	15.395	15.920
Camarilla	14.534	14.611	14.688	14.765	14.842	14.919	14.996
Woodie	13.505	13.768	14.345	14.608	15.185	15.448	16.025
Fibonacci	13.715	14.036	14.234	14.555	14.876	15.074	15.395

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.080	13.470	14.035	14.425	14.990	15.380	15.945
Camarilla	14.337	14.425	14.513	14.600	14.688	14.775	14.863
Woodie	13.168	13.514	14.123	14.469	15.078	15.424	16.033
Fibonacci	13.470	13.835	14.060	14.425	14.790	15.015	15.380

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):	59.85
MACD (12,26,9):	0.0600
Directional Movement:	2.920
AROON (14):	28.571
DEMA (21):	14.585
Parabolic SAR (0,02-0,02-0,2):	14.047
Elder Ray (13):	0.193
Super Trend (3,10):	14.926
Zig ZAG (10):	14.765
VORTEX (21):	1.1250
Stochastique (14,3,5):	82.54
TEMA (21):	14.646
Williams %R (14):	-12.50
Chande Momentum Oscillator (20):	0.075
Repulse (5,40,3):	1.2030
ROCnROLL:	1
TRIX (15,9):	0.0330
Courbe Coppock:	1.55

MA7:	14.552
MA20:	14.508
MA50:	14.418
MA100:	14.785
MAexp7:	14.613
MAexp20:	14.519
MAexp50:	14.504
MAexp100:	14.561
Price / MA7:	+2.74%
Price / MA20:	+3.05%
Price / MA50:	+3.69%
Price / MA100:	+1.12%
Price / MAexp7:	+2.31%
Price / MAexp20:	+2.97%
Price / MAexp50:	+3.08%
Price / MAexp100:	+2.67%

News

The latest news and videos published on METRO AG ST O.N. 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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