MUENCH.RUECKVERS.VNA O.N. - 1H - Technical analysis published on 10/29/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
72%
6%
22%
My opinion
Bearish under 484.8 EUR
My targets
467.7 EUR (-1.85%)
457.0 EUR (-4.09%)
My analysis
The basic trend is bearish on MUENCH.RUECKVERS.VNA O.N. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 484.8 EUR. Buyers would then use the next resistance located at 495.5 EUR as an objective. Crossing it would then enable buyers to target 501.2 EUR. If there is a return to below the support located at 467.7 EUR, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 457.0 EUR and 437.3 EUR by extension.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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Additional analysis
Quotes
The MUENCH.RUECKVERS.VNA O.N. rating is 476.5 EUR. The price registered an increase of +1.49% on the session and was traded between 470.8 EUR and 477.4 EUR over the period. The price is currently at +1.21% from its lowest and -0.19% from its highest.470.8
477.4
476.5
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MUENCH.RUECKVERS.VNA O.N.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MUENCH.RUECKVERS.VNA O.N. in 1H shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 457.0 | 467.7 | 476.2 | 476.5 | 484.8 | 495.5 | 501.2 |
| Change (%) | -4.09% | -1.85% | -0.06% | - | +1.74% | +3.99% | +5.18% |
| Change | -19.5 | -8.8 | -0.3 | - | +8.3 | +19.0 | +24.7 |
| Level | Minor | Major | Intermediate | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 462.3 | 464.4 | 467.0 | 469.1 | 471.7 | 473.8 | 476.4 |
| Camarilla | 468.2 | 468.6 | 469.1 | 469.5 | 469.9 | 470.4 | 470.8 |
| Woodie | 462.5 | 464.5 | 467.2 | 469.2 | 471.9 | 473.9 | 476.6 |
| Fibonacci | 464.4 | 466.2 | 467.3 | 469.1 | 470.9 | 472.0 | 473.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 425.3 | 446.0 | 457.7 | 478.4 | 490.1 | 510.8 | 522.5 |
| Camarilla | 460.6 | 463.6 | 466.5 | 469.5 | 472.5 | 475.4 | 478.4 |
| Woodie | 420.9 | 443.8 | 453.3 | 476.2 | 485.7 | 508.6 | 518.1 |
| Fibonacci | 446.0 | 458.3 | 466.0 | 478.4 | 490.7 | 498.4 | 510.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 457.3 | 466.5 | 480.4 | 489.6 | 503.5 | 512.7 | 526.6 |
| Camarilla | 488.0 | 490.1 | 492.2 | 494.3 | 496.4 | 498.5 | 500.7 |
| Woodie | 459.7 | 467.7 | 482.8 | 490.8 | 505.9 | 513.9 | 529.0 |
| Fibonacci | 466.5 | 475.3 | 480.8 | 489.6 | 498.4 | 503.9 | 512.7 |
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): | 55.70 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | 6.5 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 472.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 468.5 | |
| Elder Ray (13): | 2.7 | |
| Super Trend (3,10): | 469.5 | |
| Zig ZAG (10): | 476.5 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 93.30 | |
| TEMA (21): | 475.6 | |
| Williams %R (14): | -9.50 | |
| Chande Momentum Oscillator (20): | 6.2 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.70 |
| MA7: | 480.8 | |
| MA20: | 486.4 | |
| MA50: | 485.4 | |
| MA100: | 469.7 | |
| MAexp7: | 475.1 | |
| MAexp20: | 473.9 | |
| MAexp50: | 478.0 | |
| MAexp100: | 483.2 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | -2.04% | |
| Price / MA50: | -1.83% | |
| Price / MA100: | +1.45% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +0.55% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -1.39% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on MUENCH.RUECKVERS.VNA O.N. at the time of the analysis were as follows:
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €0.9bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €2.1bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re plans dividend of €15 per share for 2023 and resolves share buy-back with volume of up to €1.5bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of ca. €1.2bn and raises the guidance for 2023 to €4.5bn
- EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €1.3bn
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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