KRONES AG O.N. - 1H - Technical analysis published on 11/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 108.80 EUR
My targets
103.80 EUR (-1.89%)
99.10 EUR (-6.33%)
My analysis
KRONES AG O.N. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 108.80 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 103.80 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 99.10 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 96.51 EUR. Beware of a possible return to above the resistance located at 108.80 EUR which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KRONES AG O.N. rating 105.80 EUR. The price registered a decrease of -0.09% on the session with the lowest point at 105.50 EUR and the highest point at 106.60 EUR. The deviation from the price is +0.28% for the low point and -0.75% for the high point.105.50
106.60
105.80
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 (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KRONES AG O.N. chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
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 | 96.51 | 99.10 | 103.80 | 105.80 | 106.26 | 108.80 | 110.54 |
| Change (%) | -8.78% | -6.33% | -1.89% | - | +0.43% | +2.84% | +4.48% |
| Change | -9.29 | -6.70 | -2.00 | - | +0.46 | +3.00 | +4.74 |
| Level | Major | Minor | Intermediate | - | Intermediate | 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 | 103.30 | 104.50 | 105.20 | 106.40 | 107.10 | 108.30 | 109.00 |
| Camarilla | 105.38 | 105.55 | 105.73 | 105.90 | 106.07 | 106.25 | 106.42 |
| Woodie | 103.05 | 104.38 | 104.95 | 106.28 | 106.85 | 108.18 | 108.75 |
| Fibonacci | 104.50 | 105.23 | 105.67 | 106.40 | 107.13 | 107.57 | 108.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.13 | 103.87 | 105.73 | 107.47 | 109.33 | 111.07 | 112.93 |
| Camarilla | 106.61 | 106.94 | 107.27 | 107.60 | 107.93 | 108.26 | 108.59 |
| Woodie | 102.20 | 103.90 | 105.80 | 107.50 | 109.40 | 111.10 | 113.00 |
| Fibonacci | 103.87 | 105.24 | 106.09 | 107.47 | 108.84 | 109.69 | 111.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.38 | 81.82 | 87.78 | 93.22 | 99.18 | 104.62 | 110.58 |
| Camarilla | 90.62 | 91.66 | 92.71 | 93.75 | 94.80 | 95.84 | 96.89 |
| Woodie | 76.65 | 81.95 | 88.05 | 93.35 | 99.45 | 104.75 | 110.85 |
| Fibonacci | 81.82 | 86.17 | 88.86 | 93.22 | 97.57 | 100.26 | 104.62 |
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): | 40.74 | |
| MACD (12,26,9): | -0.3800 | |
| Directional Movement: | -8.12 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 106.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.28 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 107.49 | |
| Zig ZAG (10): | 105.90 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 23.81 | |
| TEMA (21): | 105.73 | |
| Williams %R (14): | -80.95 | |
| Chande Momentum Oscillator (20): | -1.40 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 2.35 |
| MA7: | 107.09 | |
| MA20: | 103.61 | |
| MA50: | 96.97 | |
| MA100: | 90.34 | |
| MAexp7: | 106.04 | |
| MAexp20: | 106.52 | |
| MAexp50: | 106.74 | |
| MAexp100: | 105.84 | |
| Price / MA7: | -1.20% | |
| Price / MA20: | +2.11% | |
| Price / MA50: | +9.11% | |
| Price / MA100: | +17.11% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -0.88% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The latest news and videos published on KRONES AG O.N. at the time of the analysis were as follows:
- EQS-News: Krones AG: Krones expands its capabilities in the growing pharmaceutical market with the acquisition of US company R+D Custom Automation
- EQS-News: Krones AG: Krones continues profitable growth under difficult conditions
- EQS-Adhoc: Krones AG: Krones raises guidance for revenue growth in 2022
- DGAP-News: Krones AG: Krones with strong first half-year 2022
- DGAP-News: Krones AG: Krones reports record order intake in first quarter and increases revenue and earnings
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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