FIELMANN GROUP AG O.N. - 1H - Technical analysis published on 03/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 42.76 EUR
My targets
41.48 EUR (-0.81%)
40.73 EUR (-2.61%)
My analysis
FIELMANN GROUP AG O.N. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 42.76 EUR. The next support located at 41.48 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 40.73 EUR. Below this support, sellers could then target 33.18 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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Additional analysis
Quotes
FIELMANN GROUP AG O.N. rating 41.82 EUR. The price is lower by -0.10% since the last closing and was traded between 41.56 EUR and 41.88 EUR over the period. The price is currently at +0.63% from its lowest and -0.14% from its highest.41.56
41.88
41.82
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FIELMANN GROUP AG O.N. chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
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 : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 33.18 | 40.73 | 41.48 | 41.82 | 41.89 | 42.76 | 43.31 |
| Change (%) | -20.66% | -2.61% | -0.81% | - | +0.17% | +2.25% | +3.56% |
| Change | -8.64 | -1.09 | -0.34 | - | +0.07 | +0.94 | +1.49 |
| Level | Major | Major | Minor | - | Minor | Minor | 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 | 41.35 | 41.61 | 41.73 | 41.99 | 42.11 | 42.37 | 42.49 |
| Camarilla | 41.76 | 41.79 | 41.83 | 41.86 | 41.90 | 41.93 | 41.97 |
| Woodie | 41.29 | 41.58 | 41.67 | 41.96 | 42.05 | 42.34 | 42.43 |
| Fibonacci | 41.61 | 41.75 | 41.84 | 41.99 | 42.13 | 42.22 | 42.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.99 | 40.03 | 41.15 | 42.19 | 43.31 | 44.35 | 45.47 |
| Camarilla | 41.67 | 41.86 | 42.06 | 42.26 | 42.46 | 42.66 | 42.85 |
| Woodie | 39.02 | 40.05 | 41.18 | 42.21 | 43.34 | 44.37 | 45.50 |
| Fibonacci | 40.03 | 40.86 | 41.37 | 42.19 | 43.02 | 43.53 | 44.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.35 | 39.73 | 41.75 | 45.13 | 47.15 | 50.53 | 52.55 |
| Camarilla | 42.30 | 42.79 | 43.29 | 43.78 | 44.28 | 44.77 | 45.27 |
| Woodie | 35.68 | 39.39 | 41.08 | 44.79 | 46.48 | 50.19 | 51.88 |
| Fibonacci | 39.73 | 41.79 | 43.06 | 45.13 | 47.19 | 48.46 | 50.53 |
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): | 32.52 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -19.92 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 41.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.27 | |
| Elder Ray (13): | -0.29 | |
| Super Trend (3,10): | 42.24 | |
| Zig ZAG (10): | 41.78 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 9.17 | |
| TEMA (21): | 41.82 | |
| Williams %R (14): | -72.50 | |
| Chande Momentum Oscillator (20): | -0.52 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.64 |
| MA7: | 42.26 | |
| MA20: | 42.56 | |
| MA50: | 44.73 | |
| MA100: | 45.39 | |
| MAexp7: | 41.92 | |
| MAexp20: | 42.08 | |
| MAexp50: | 42.15 | |
| MAexp100: | 42.26 | |
| Price / MA7: | -1.04% | |
| Price / MA20: | -1.74% | |
| Price / MA50: | -6.51% | |
| Price / MA100: | -7.87% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -0.78% | |
| Price / MAexp100: | -1.04% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on FIELMANN GROUP AG O.N. at the time of the analysis were as follows:
- EQS-News: Preliminary financials for FY2023: Fielmann Group grows sales +12%, EBITDA +21%, EBITDA margin +1 percentage point
- EQS-News: Fielmann Group bids farewell to its founder Guenther Fielmann
- EQS-News: New CFO at Fielmann Group AG: Steffen Baetjer succeeds Alexander Zeiss
- EQS-News: Fielmann Group benefits from position as price leader, continues double-digit growth
- EQS-News: Fielmann Group AG: Fielmann Group closes US acquisition of SVS Vision, upgrades FY2023 prognosis
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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