THYSSENKRUPP AG O.N. - 1H - Technical analysis published on 11/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 3.706 EUR
My targets
3.940 EUR (+3.17%)
4.030 EUR (+5.53%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THYSSENKRUPP AG O.N. as long as the price remains well above 3.706 EUR. The buyers' bullish objective is set at 3.940 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.030 EUR. If there is any crossing, the next objective would be the resistance located at 4.458 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.7
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Additional analysis
Quotes
The THYSSENKRUPP AG O.N. rating is 3.819 EUR. The price registered an increase of +1.30% on the session and was traded between 3.734 EUR and 3.843 EUR over the period. The price is currently at +2.28% from its lowest and -0.62% from its highest.3.734
3.843
3.819
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
Here is a more detailed summary of the historical variations registered by THYSSENKRUPP AG O.N.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of THYSSENKRUPP AG O.N. in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.246 | 3.481 | 3.706 | 3.819 | 3.837 | 3.940 | 4.030 |
| Change (%) | -15.00% | -8.85% | -2.96% | - | +0.47% | +3.17% | +5.53% |
| Change | -0.573 | -0.338 | -0.113 | - | +0.018 | +0.121 | +0.211 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.613 | 3.659 | 3.715 | 3.761 | 3.817 | 3.863 | 3.919 |
| Camarilla | 3.742 | 3.751 | 3.761 | 3.770 | 3.779 | 3.789 | 3.798 |
| Woodie | 3.617 | 3.662 | 3.719 | 3.764 | 3.821 | 3.866 | 3.923 |
| Fibonacci | 3.659 | 3.698 | 3.722 | 3.761 | 3.800 | 3.824 | 3.863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.853 | 3.098 | 3.449 | 3.694 | 4.045 | 4.290 | 4.641 |
| Camarilla | 3.635 | 3.690 | 3.744 | 3.799 | 3.854 | 3.908 | 3.963 |
| Woodie | 2.905 | 3.125 | 3.501 | 3.721 | 4.097 | 4.317 | 4.693 |
| Fibonacci | 3.098 | 3.326 | 3.467 | 3.694 | 3.922 | 4.063 | 4.290 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.519 | 2.806 | 3.004 | 3.291 | 3.489 | 3.776 | 3.974 |
| Camarilla | 3.070 | 3.114 | 3.159 | 3.203 | 3.248 | 3.292 | 3.336 |
| Woodie | 2.476 | 2.784 | 2.961 | 3.269 | 3.446 | 3.754 | 3.931 |
| Fibonacci | 2.806 | 2.991 | 3.105 | 3.291 | 3.476 | 3.590 | 3.776 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.51 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 5.951 | |
| AROON (14): | -7.143 | |
| DEMA (21): | 3.796 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.879 | |
| Elder Ray (13): | 0.013 | |
| Super Trend (3,10): | 3.898 | |
| Zig ZAG (10): | 3.812 | |
| VORTEX (21): | 1.1570 | |
| Stochastique (14,3,5): | 43.98 | |
| TEMA (21): | 3.780 | |
| Williams %R (14): | -50.93 | |
| Chande Momentum Oscillator (20): | 0.101 | |
| Repulse (5,40,3): | 0.7310 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0090 | |
| Courbe Coppock: | 1.53 |
| MA7: | 3.832 | |
| MA20: | 3.496 | |
| MA50: | 3.378 | |
| MA100: | 3.365 | |
| MAexp7: | 3.795 | |
| MAexp20: | 3.793 | |
| MAexp50: | 3.755 | |
| MAexp100: | 3.656 | |
| Price / MA7: | -0.34% | |
| Price / MA20: | +9.24% | |
| Price / MA50: | +13.06% | |
| Price / MA100: | +13.49% | |
| Price / MAexp7: | +0.63% | |
| Price / MAexp20: | +0.69% | |
| Price / MAexp50: | +1.70% | |
| Price / MAexp100: | +4.46% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The last news published on THYSSENKRUPP AG O.N. at the time of the generation of this analysis was as follows:
- EQS-Adhoc: thyssenkrupp AG: thyssenkrupp AG adjusts outlook for FY 2023/24
- EQS-Adhoc: thyssenkrupp AG: thyssenkrupp and EP Corporate Group enter into strategic partnership
- BWI Group and thyssenkrupp Steering partner in EMB to lead world's chassis-by-wire technology
- TCC Joins Hands with Germany's thyssenkrupp Polysius to Develop Innovative Carbon Capture Technology with Separate Oxyfuel Calciner
-
Look Ahead 22/11/23: Euro zone consumer confidence; US durable goods; Britvic; Sage; ThyssenKrupp
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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