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. - Daily - Technical analysis published on 12/13/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 198.15 EUR

My targets

214.02 EUR (+5.17%)

230.92 EUR (+13.47%)

My analysis

MTU AERO ENGINES NA 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 198.15 EUR. The next resistance located at 214.02 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 230.92 EUR. After this resistance, buyers could then target 250.60 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.

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

7.7

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 MTU AERO ENGINES NA O.N. price is 203.50 EUR. The price registered a decrease of -0.05% on the session and was between 201.90 EUR and 204.40 EUR. This implies that the price is at +0.79% from its lowest and at -0.44% from its highest.

201.90

204.40

203.50

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MTU AERO ENGINES NA O.N.:

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 MTU AERO ENGINES NA O.N. chart shows a strongly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

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

Parabolic SAR indicator bearish reversal

Type : Bearish

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	184.01	189.73	198.15	203.50	214.02	230.92	250.60
Change (%)	-9.58%	-6.77%	-2.63%	-	+5.17%	+13.47%	+23.14%
Change	-19.49	-13.77	-5.35	-	+10.52	+27.42	+47.10
Level	Major	Major	Major	-	Major	Minor	Minor

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	198.77	201.13	202.37	204.73	205.97	208.33	209.57
Camarilla	202.61	202.94	203.27	203.60	203.93	204.26	204.59
Woodie	198.20	200.85	201.80	204.45	205.40	208.05	209.00
Fibonacci	201.13	202.51	203.36	204.73	206.11	206.96	208.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	193.77	196.53	200.77	203.53	207.77	210.53	214.77
Camarilla	203.08	203.72	204.36	205.00	205.64	206.28	206.93
Woodie	194.50	196.90	201.50	203.90	208.50	210.90	215.50
Fibonacci	196.53	199.21	200.86	203.53	206.21	207.86	210.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	158.85	167.20	183.80	192.15	208.75	217.10	233.70
Camarilla	193.54	195.83	198.11	200.40	202.69	204.97	207.26
Woodie	162.98	169.26	187.93	194.21	212.88	219.16	237.83
Fibonacci	167.20	176.73	182.62	192.15	201.68	207.57	217.10

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):	71.34
MACD (12,26,9):	6.0900
Directional Movement:	17.28
AROON (14):	85.72
DEMA (21):	206.00
Parabolic SAR (0,02-0,02-0,2):	207.10
Elder Ray (13):	2.37
Super Trend (3,10):	193.97
Zig ZAG (10):	203.50
VORTEX (21):	1.3000
Stochastique (14,3,5):	74.65
TEMA (21):	206.92
Williams %R (14):	-33.49
Chande Momentum Oscillator (20):	3.90
Repulse (5,40,3):	0.0800
ROCnROLL:	1
TRIX (15,9):	0.5100
Courbe Coppock:	10.93

MA7:	203.37
MA20:	198.38
MA50:	183.25
MA100:	179.58
MAexp7:	202.98
MAexp20:	197.72
MAexp50:	188.00
MAexp100:	183.24
Price / MA7:	+0.06%
Price / MA20:	+2.58%
Price / MA50:	+11.05%
Price / MA100:	+13.32%
Price / MAexp7:	+0.26%
Price / MAexp20:	+2.92%
Price / MAexp50:	+8.24%
Price / MAexp100:	+11.06%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on MTU AERO ENGINES NA 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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