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 11/28/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 2.965 EUR

My targets

3.309 EUR (+4.45%)

3.636 EUR (+14.77%)

My analysis

CECONOMY AGINH 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 2.965 EUR. The next resistance located at 3.309 EUR is the next bullish objective 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 3.636 EUR. After this resistance, buyers could then target 3.972 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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.

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Additional analysis

Quotes

The CECONOMY AGINH O.N. rating is 3.168 EUR. The price registered an increase of +4.35% on the session and was between 3.022 EUR and 3.174 EUR. This implies that the price is at +4.83% from its lowest and at -0.19% from its highest.

3.022

3.174

3.168

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

Here is a more detailed summary of the historical variations registered by CECONOMY AGINH O.N.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CECONOMY AGINH O.N. chart shows a strongly bullish trend. 89.29% 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 is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.545	2.806	2.965	3.168	3.309	3.972	4.371
Change (%)	-19.67%	-11.43%	-6.41%	-	+4.45%	+25.38%	+37.97%
Change	-0.623	-0.362	-0.203	-	+0.141	+0.804	+1.203
Level	Intermediate	Major	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.875	2.921	2.979	3.025	3.083	3.129	3.187
Camarilla	3.007	3.017	3.027	3.036	3.046	3.055	3.065
Woodie	2.880	2.924	2.984	3.028	3.088	3.132	3.192
Fibonacci	2.921	2.961	2.986	3.025	3.065	3.090	3.129

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.718	2.812	2.912	3.006	3.106	3.200	3.300
Camarilla	2.959	2.976	2.994	3.012	3.030	3.048	3.065
Woodie	2.721	2.814	2.915	3.008	3.109	3.202	3.303
Fibonacci	2.812	2.886	2.932	3.006	3.080	3.126	3.200

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.370	2.624	2.792	3.046	3.214	3.468	3.636
Camarilla	2.844	2.883	2.921	2.960	2.999	3.037	3.076
Woodie	2.327	2.603	2.749	3.025	3.171	3.447	3.593
Fibonacci	2.624	2.785	2.885	3.046	3.207	3.307	3.468

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):	59.21
MACD (12,26,9):	0.0150
Directional Movement:	9.927
AROON (14):	64.286
DEMA (21):	3.036
Parabolic SAR (0,02-0,02-0,2):	2.925
Elder Ray (13):	0.068
Super Trend (3,10):	3.237
Zig ZAG (10):	3.162
VORTEX (21):	1.0440
Stochastique (14,3,5):	72.13
TEMA (21):	3.041
Williams %R (14):	-4.48
Chande Momentum Oscillator (20):	0.160
Repulse (5,40,3):	5.5710
ROCnROLL:	1
TRIX (15,9):	-0.0170
Courbe Coppock:	4.48

MA7:	3.033
MA20:	3.003
MA50:	3.049
MA100:	2.894
MAexp7:	3.053
MAexp20:	3.022
MAexp50:	2.992
MAexp100:	2.917
Price / MA7:	+4.45%
Price / MA20:	+5.49%
Price / MA50:	+3.90%
Price / MA100:	+9.47%
Price / MAexp7:	+3.77%
Price / MAexp20:	+4.83%
Price / MAexp50:	+5.88%
Price / MAexp100:	+8.60%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on CECONOMY AGINH 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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