KRONES AG O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	KRN
ISIN:	DE0006335003

KRONES AG O.N. - Daily - Technical analysis published on 06/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 102.11 EUR

My targets

113.29 EUR (+4.70%)

117.01 EUR (+8.14%)

My analysis

The bullish trend is currently very strong on KRONES AG O.N.. As long as the price remains above the support at 102.11 EUR, you could try to benefit from the boom. The first bullish objective is located at 113.29 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 117.01 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

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The KRONES AG O.N. rating is 108.20 EUR. The price registered a decrease of -0.09% on the session with the lowest point at 107.60 EUR and the highest point at 109.00 EUR. The deviation from the price is +0.56% for the low point and -0.73% for the high point.

107.60

109.00

108.20

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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of KRONES AG O.N. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	86.57	94.95	102.11	108.20	108.74	113.29	117.01
Change (%)	-19.99%	-12.25%	-5.63%	-	+0.50%	+4.70%	+8.14%
Change	-21.63	-13.25	-6.09	-	+0.54	+5.09	+8.81
Level	Intermediate	Major	Major	-	Major	Minor	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	103.50	104.70	106.50	107.70	109.50	110.70	112.50
Camarilla	107.48	107.75	108.03	108.30	108.58	108.85	109.13
Woodie	103.80	104.85	106.80	107.85	109.80	110.85	112.80
Fibonacci	104.70	105.85	106.55	107.70	108.85	109.55	110.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.33	103.67	105.13	106.47	107.93	109.27	110.73
Camarilla	105.83	106.09	106.34	106.60	106.86	107.11	107.37
Woodie	102.40	103.70	105.20	106.50	108.00	109.30	110.80
Fibonacci	103.67	104.74	105.40	106.47	107.54	108.20	109.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.99	91.59	98.05	107.65	114.11	123.71	130.17
Camarilla	100.08	101.56	103.03	104.50	105.97	107.44	108.92
Woodie	80.41	90.81	96.47	106.87	112.53	122.93	128.59
Fibonacci	91.59	97.73	101.52	107.65	113.79	117.58	123.71

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):	54.25
MACD (12,26,9):	-0.1100
Directional Movement:	1.62
AROON (14):	100.00
DEMA (21):	106.24
Parabolic SAR (0,02-0,02-0,2):	103.20
Elder Ray (13):	1.66
Super Trend (3,10):	109.61
Zig ZAG (10):	107.90
VORTEX (21):	1.0300
Stochastique (14,3,5):	84.80
TEMA (21):	106.67
Williams %R (14):	-15.07
Chande Momentum Oscillator (20):	5.00
Repulse (5,40,3):	1.9400
ROCnROLL:	1
TRIX (15,9):	-0.1000
Courbe Coppock:	4.07

MA7:	107.23
MA20:	105.86
MA50:	107.85
MA100:	107.78
MAexp7:	107.09
MAexp20:	106.64
MAexp50:	107.21
MAexp100:	106.23
Price / MA7:	+0.90%
Price / MA20:	+2.21%
Price / MA50:	+0.32%
Price / MA100:	+0.39%
Price / MAexp7:	+1.04%
Price / MAexp20:	+1.46%
Price / MAexp50:	+0.92%
Price / MAexp100:	+1.85%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on KRONES AG O.N.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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