CECONOMY AGINH O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEC
ISIN:	DE0007257503

CECONOMY AGINH O.N. - Daily - Technical analysis published on 09/06/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 2.806 EUR

My targets

2.540 EUR (-2.08%)

2.267 EUR (-12.61%)

My analysis

In the short term, we can see an acceleration in the bearish trend on CECONOMY AGINH O.N., which is a positive signal for sellers. As long as the price remains above 2.806 EUR, a sale could be considered. The first bearish objective is located at 2.540 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.267 EUR as an objective. Crossing it would then enable sellers to target 2.061 EUR. If the price were to return above 2.806 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

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

Force

5.9

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 CECONOMY AGINH O.N. rating is 2.594 EUR. The price registered a decrease of -0.15% on the session and was traded between 2.572 EUR and 2.598 EUR over the period. The price is currently at +0.86% from its lowest and -0.15% from its highest.

2.572

2.598

2.594

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CECONOMY AGINH O.N. in Daily shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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 support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.061	2.267	2.540	2.594	2.806	3.248	3.372
Change (%)	-20.55%	-12.61%	-2.08%	-	+8.17%	+25.21%	+29.99%
Change	-0.533	-0.327	-0.054	-	+0.212	+0.654	+0.778
Level	Minor	Minor	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	2.480	2.526	2.562	2.608	2.644	2.690	2.726
Camarilla	2.576	2.583	2.591	2.598	2.606	2.613	2.621
Woodie	2.475	2.524	2.557	2.606	2.639	2.688	2.721
Fibonacci	2.526	2.557	2.577	2.608	2.639	2.659	2.690

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.383	2.517	2.585	2.719	2.787	2.921	2.989
Camarilla	2.599	2.617	2.636	2.654	2.673	2.691	2.710
Woodie	2.351	2.501	2.553	2.703	2.755	2.905	2.957
Fibonacci	2.517	2.594	2.642	2.719	2.796	2.844	2.921

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.931	2.195	2.425	2.689	2.919	3.183	3.413
Camarilla	2.518	2.563	2.609	2.654	2.699	2.745	2.790
Woodie	1.913	2.187	2.407	2.681	2.901	3.175	3.395
Fibonacci	2.195	2.384	2.501	2.689	2.878	2.995	3.183

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.12
MACD (12,26,9):	-0.0540
Directional Movement:	-14.204
AROON (14):	-85.714
DEMA (21):	2.631
Parabolic SAR (0,02-0,02-0,2):	2.882
Elder Ray (13):	-0.082
Super Trend (3,10):	2.863
Zig ZAG (10):	2.580
VORTEX (21):	0.9550
Stochastique (14,3,5):	19.26
TEMA (21):	2.609
Williams %R (14):	-84.10
Chande Momentum Oscillator (20):	-0.276
Repulse (5,40,3):	0.0090
ROCnROLL:	2
TRIX (15,9):	-0.1880
Courbe Coppock:	11.49

MA7:	2.624
MA20:	2.722
MA50:	2.778
MA100:	2.785
MAexp7:	2.628
MAexp20:	2.697
MAexp50:	2.754
MAexp100:	2.694
Price / MA7:	-1.14%
Price / MA20:	-4.70%
Price / MA50:	-6.62%
Price / MA100:	-6.86%
Price / MAexp7:	-1.29%
Price / MAexp20:	-3.82%
Price / MAexp50:	-5.81%
Price / MAexp100:	-3.71%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on CECONOMY AGINH O.N. at the time of the generation of this analysis was as follows:

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

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