LINDE PLCEO -.001 - Weekly - Technical analysis published on 06/13/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 222.24 EUR
My targets
252.58 EUR (+5.29%)
267.13 EUR (+11.35%)
My analysis
The bullish trend is currently very strong on LINDE PLCEO 0.001. As long as the price remains above the support at 222.24 EUR, you could try to benefit from the boom. The first bullish objective is located at 252.58 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 267.13 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5
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This analysis was given by imlongcat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LINDE PLCEO 0.001 rating is 239.90 EUR. The price registered a decrease of -3.01% over 5 days and has been traded over the last 5 days between 238.30 EUR and 241.60 EUR. This implies that the 5 day price is +0.67% from its lowest point and -0.70% from its highest point.238.30
241.60
239.90
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this LINDE PLCEO 0.001 chart shows a strongly bullish trend. 92.86% 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 does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 horizontal support
Type : Bullish
Timeframe : Weekly
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
ProTrendLines | 165.60 | 202.00 | 222.24 | 239.90 |
Change (%) | -30.97% | -15.80% | -7.36% | - |
Change | -74.30 | -37.90 | -17.66 | - |
Level | Minor | Major | Major | - |
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 | 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 | 234.95 | 238.75 | 243.05 | 246.85 | 251.15 | 254.95 | 259.25 |
Camarilla | 245.12 | 245.87 | 246.61 | 247.35 | 248.09 | 248.84 | 249.58 |
Woodie | 235.20 | 238.88 | 243.30 | 246.98 | 251.40 | 255.08 | 259.50 |
Fibonacci | 238.75 | 241.84 | 243.76 | 246.85 | 249.94 | 251.86 | 254.95 |
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): | 60.07 | |
MACD (12,26,9): | 10.1500 | |
Directional Movement: | 12.02 | |
AROON (14): | 92.86 | |
DEMA (21): | 246.28 | |
Parabolic SAR (0,02-0,02-0,2): | 250.65 | |
Elder Ray (13): | 3.42 | |
Super Trend (3,10): | 218.66 | |
Zig ZAG (10): | 239.90 | |
VORTEX (21): | 1.1000 | |
Stochastique (14,3,5): | 87.95 | |
TEMA (21): | 249.61 | |
Williams %R (14): | -23.45 | |
Chande Momentum Oscillator (20): | 15.10 | |
Repulse (5,40,3): | -0.5700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.6400 | |
Courbe Coppock: | 31.06 |
MA7: | 241.83 | |
MA20: | 244.55 | |
MA50: | 242.23 | |
MA100: | 228.38 | |
MAexp7: | 243.07 | |
MAexp20: | 233.16 | |
MAexp50: | 217.13 | |
MAexp100: | 200.24 | |
Price / MA7: | -0.80% | |
Price / MA20: | -1.90% | |
Price / MA50: | -0.96% | |
Price / MA100: | +5.04% | |
Price / MAexp7: | -1.30% | |
Price / MAexp20: | +2.89% | |
Price / MAexp50: | +10.49% | |
Price / MAexp100: | +19.81% |
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
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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