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. - 1H - Technical analysis published on 05/28/2024 (GMT)

150
0
05/28/2024 - 08:25
0

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Timeframe : 1H
- Analysis generated on 05/28/2024 - 08:25
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 125.9 EUR

My targets

129.2 EUR (+0.94%)

131.8 EUR (+2.97%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on KRONES AG O.N.. This is a positive signal for buyers. As long as the price remains above 125.9 EUR, a purchase could be considered. The first bullish objective is located at 129.2 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 131.8 EUR as an objective. Crossing it would then enable buyers to target 132.8 EUR. In the event of a return below 125.9 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.4

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

KRONES AG O.N. rating 128.0 EUR. The price registered a decrease of -0.31% on the session and was between 127.4 EUR and 129.2 EUR. This implies that the price is at +0.47% from its lowest and at -0.93% from its highest.

127.4

129.2

128.0

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this KRONES AG O.N. chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced 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, only 7 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	122.2	124.6	125.9	128.0	128.2	129.2	131.8
Change (%)	-4.53%	-2.66%	-1.64%	-	+0.16%	+0.94%	+2.97%
Change	-5.8	-3.4	-2.1	-	+0.2	+1.2	+3.8
Level	Minor	Minor	Major	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	124.5	125.3	126.9	127.7	129.3	130.1	131.7
Camarilla	127.7	128.0	128.2	128.4	128.6	128.8	129.1
Woodie	124.8	125.5	127.2	127.9	129.6	130.3	132.0
Fibonacci	125.3	126.3	126.8	127.7	128.7	129.2	130.1

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	121.8	123.2	125.8	127.2	129.8	131.2	133.8
Camarilla	127.3	127.7	128.0	128.4	128.8	129.1	129.5
Woodie	122.4	123.5	126.4	127.5	130.4	131.5	134.4
Fibonacci	123.2	124.7	125.7	127.2	128.7	129.7	131.2

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	106.2	113.6	118.6	126.0	131.0	138.4	143.4
Camarilla	120.2	121.3	122.5	123.6	124.7	125.9	127.0
Woodie	105.0	113.0	117.4	125.4	129.8	137.8	142.2
Fibonacci	113.6	118.3	121.3	126.0	130.7	133.7	138.4

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):	53.50
MACD (12,26,9):	0.3000
Directional Movement:	6.4
AROON (14):	50.0
DEMA (21):	128.2
Parabolic SAR (0,02-0,02-0,2):	129.1
Elder Ray (13):	0.2
Super Trend (3,10):	126.7
Zig ZAG (10):	128.0
VORTEX (21):	1.0000
Stochastique (14,3,5):	34.50
TEMA (21):	128.3
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	0.8
Repulse (5,40,3):	-0.1000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.30

MA7:	127.0
MA20:	127.2
MA50:	124.9
MA100:	119.7
MAexp7:	128.0
MAexp20:	127.8
MAexp50:	127.4
MAexp100:	127.2
Price / MA7:	+0.79%
Price / MA20:	+0.63%
Price / MA50:	+2.48%
Price / MA100:	+6.93%
Price / MAexp7:	-0%
Price / MAexp20:	+0.16%
Price / MAexp50:	+0.47%
Price / MAexp100:	+0.63%

Quotes : 05/27/2024 - 15:34 - 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:

05/03/2024 - 04:45 EQS-News: Krones continues profitable growth path
03/28/2024 - 10:00 EQS-News: Krones successfully completes acquisition of injection molding technology company Netstal
03/22/2024 - 08:00 EQS-News: Krones plans to pay dividend of €2.20 per share for successful 2023 financial year
02/22/2024 - 05:30 EQS-News: Krones significantly increases revenue and profitability in 2023 – Executive Board forecasts continuation of profitable growth path in 2024
02/07/2024 - 08:00 EQS-News: Krones signs agreement to acquire injection molding technology company Netstal

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

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