LINDE PLCEO -.001 - Daily - Technical analysis published on 06/13/2021 (GMT)
- 308
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
17%
67%
17%
My opinion
Bullish above 235.70 EUR
My targets
248.14 EUR (+3.43%)
My analysis
The basic trend is bullish on LINDE PLCEO 0.001 and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 235.70 EUR. Sellers would then use the next support located at 222.24 EUR as an objective. Crossing it would then enable sellers to target 202.00 EUR. If there is a return to above the resistance located at 248.14 EUR, this would be a sign of a reversal in the basic bullish trend.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
0
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This analysis was given by imlongcat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LINDE PLCEO 0.001 rating 239.90 EUR. On the day, this instrument gained +0.17% and was between 238.30 EUR and 241.60 EUR. This implies that the price is at +0.67% from its lowest and at -0.70% from its highest.238.30
241.60
239.90
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LINDE PLCEO 0.001 indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish 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, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 202.00 | 222.24 | 235.70 | 239.90 | 241.61 | 248.14 |
| Change (%) | -15.80% | -7.36% | -1.75% | - | +0.71% | +3.43% |
| Change | -37.90 | -17.66 | -4.20 | - | +1.71 | +8.24 |
| Level | Major | Major | Minor | - | Intermediate | Major |
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 | 234.97 | 236.63 | 238.27 | 239.93 | 241.57 | 243.23 | 244.87 |
| Camarilla | 238.99 | 239.30 | 239.60 | 239.90 | 240.20 | 240.51 | 240.81 |
| Woodie | 234.95 | 236.63 | 238.25 | 239.93 | 241.55 | 243.23 | 244.85 |
| Fibonacci | 236.63 | 237.89 | 238.67 | 239.93 | 241.19 | 241.97 | 243.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 229.63 | 233.97 | 236.93 | 241.27 | 244.23 | 248.57 | 251.53 |
| Camarilla | 237.89 | 238.56 | 239.23 | 239.90 | 240.57 | 241.24 | 241.91 |
| Woodie | 228.95 | 233.63 | 236.25 | 240.93 | 243.55 | 248.23 | 250.85 |
| Fibonacci | 233.97 | 236.76 | 238.48 | 241.27 | 244.06 | 245.78 | 248.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 223.48 | 229.37 | 238.03 | 243.92 | 252.58 | 258.47 | 267.13 |
| Camarilla | 242.70 | 244.03 | 245.37 | 246.70 | 248.03 | 249.37 | 250.70 |
| Woodie | 224.88 | 230.06 | 239.43 | 244.61 | 253.98 | 259.16 | 268.53 |
| Fibonacci | 229.37 | 234.93 | 238.36 | 243.92 | 249.48 | 252.91 | 258.47 |
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): | 42.82 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | -7.61 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 243.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 248.63 | |
| Elder Ray (13): | -2.80 | |
| Super Trend (3,10): | 236.26 | |
| Zig ZAG (10): | 239.90 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 12.93 | |
| TEMA (21): | 240.89 | |
| Williams %R (14): | -87.04 | |
| Chande Momentum Oscillator (20): | -4.50 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.10 |
| MA7: | 241.83 | |
| MA20: | 244.55 | |
| MA50: | 242.23 | |
| MA100: | 228.38 | |
| MAexp7: | 241.48 | |
| MAexp20: | 243.14 | |
| MAexp50: | 239.77 | |
| MAexp100: | 232.04 | |
| Price / MA7: | -0.80% | |
| Price / MA20: | -1.90% | |
| Price / MA50: | -0.96% | |
| Price / MA100: | +5.04% | |
| Price / MAexp7: | -0.65% | |
| Price / MAexp20: | -1.33% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +3.39% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The last news published on LINDE PLCEO 0.001 at the time of the generation of this analysis was as follows:
- DGAP-News: Linde Recognized by Forbes and DiversityInc for its Leadership in Diversity
- Linde Recognized by Forbes and DiversityInc for its Leadership in Diversity
- DGAP-News: Linde plc: Linde Reports First-Quarter 2021 Results (Earnings Release Tables Attached)
- Linde plc: Linde Reports First-Quarter 2021 Results (Earnings Release Tables Attached)
- DGAP-News: Linde Signs Record Number of Small On-Site Contracts in 2020
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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