MTU AERO ENGINES NA O.N.
MTU AERO ENGINES NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MTX
ISIN: DE000A0D9PT0

MTU AERO ENGINES NA O.N. - 1H - Technical analysis published on 12/01/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 198.15 EUR
My targets
206.10 EUR (+3.00%)
214.02 EUR (+6.96%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MTU AERO ENGINES NA O.N. as long as the price remains well above 198.15 EUR. The buyers' bullish objective is set at 206.10 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 214.02 EUR. If there is any crossing, the next objective would be the resistance located at 230.92 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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 MTU AERO ENGINES NA O.N. rating is 200.10 EUR. The price is lower by -0.15% since the last closing and was between 198.10 EUR and 202.90 EUR. This implies that the price is at +1.01% from its lowest and at -1.38% from its highest.

198.10
202.90
200.10

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

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

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of MTU AERO ENGINES NA O.N. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Williams %R indicator is back under -50

Type : Bearish

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 184.01 189.73 198.15 200.10 214.02 230.92 250.60
Change (%) -8.04% -5.18% -0.97% - +6.96% +15.40% +25.24%
Change -16.09 -10.37 -1.95 - +13.92 +30.82 +50.50
Level Major Major Major - Major Minor Minor



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
Standard195.68196.67198.53199.52201.38202.37204.23
Camarilla199.62199.88200.14200.40200.66200.92201.18
Woodie196.13196.89198.98199.74201.83202.59204.68
Fibonacci196.67197.76198.43199.52200.61201.28202.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard183.85187.10193.35196.60202.85206.10212.35
Camarilla196.99197.86198.73199.60200.47201.34202.21
Woodie185.35187.85194.85197.35204.35206.85213.85
Fibonacci187.10190.73192.97196.60200.23202.47206.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard158.85167.20183.80192.15208.75217.10233.70
Camarilla193.54195.83198.11200.40202.69204.97207.26
Woodie162.98169.26187.93194.21212.88219.16237.83
Fibonacci167.20176.73182.62192.15201.68207.57217.10

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): 58.80
MACD (12,26,9): 0.6700
Directional Movement: 25.78
AROON (14): 57.14
DEMA (21): 200.38
Parabolic SAR (0,02-0,02-0,2): 202.53
Elder Ray (13): 0.73
Super Trend (3,10): 197.59
Zig ZAG (10): 200.40
VORTEX (21): 1.0900
Stochastique (14,3,5): 59.83
TEMA (21): 200.59
Williams %R (14): -51.55
Chande Momentum Oscillator (20): 1.70
Repulse (5,40,3): -0.2400
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 2.08
MA7: 198.55
MA20: 189.09
MA50: 175.57
MA100: 178.48
MAexp7: 200.33
MAexp20: 199.57
MAexp50: 198.16
MAexp100: 194.91
Price / MA7: +0.78%
Price / MA20: +5.82%
Price / MA50: +13.97%
Price / MA100: +12.11%
Price / MAexp7: -0.11%
Price / MAexp20: +0.27%
Price / MAexp50: +0.98%
Price / MAexp100: +2.66%

Quotes : - 15 min delayed data - Germany Stocks

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

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