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GRENKE AG NA O.N.
GRENKE AG NA O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GLJ
ISIN: DE000A161N30

GRENKE AG NA O.N. - 1H - Technical analysis published on 10/24/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 19.78 EUR
My targets
20.98 EUR (+3.11%)
21.45 EUR (+5.41%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GRENKE AG NA O.N. as long as the price remains well above 19.78 EUR. The buyers' bullish objective is set at 20.98 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21.45 EUR. If there is any crossing, the next objective would be the resistance located at 22.25 EUR.

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
6.8

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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Daily Weekly

Additional analysis

Quotes

The GRENKE AG NA O.N. price is 20.35 EUR. The price has increased by +3.51% since the last closing and was traded between 19.74 EUR and 20.50 EUR over the period. The price is currently at +3.09% from its lowest and -0.73% from its highest.

19.74
20.50
20.35

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GRENKE AG NA O.N. in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19.42 19.78 20.35 20.35 21.45 22.25 25.62
Change (%) -4.57% -2.80% 0% - +5.41% +9.34% +25.90%
Change -0.93 -0.57 0 - +1.10 +1.90 +5.27
Level Minor Intermediate Minor - Intermediate Intermediate 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
Standard18.6518.8719.2719.4919.8920.1120.51
Camarilla19.4919.5519.6019.6619.7219.7719.83
Woodie18.7318.9219.3519.5419.9720.1620.59
Fibonacci18.8719.1119.2619.4919.7319.8820.11


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.8318.4718.8819.5219.9320.5720.98
Camarilla19.0119.1119.2019.3019.4019.4919.59
Woodie17.7318.4118.7819.4619.8320.5120.88
Fibonacci18.4718.8719.1219.5219.9220.1720.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.5217.9319.3221.7323.1225.5326.92
Camarilla19.6620.0020.3520.7021.0521.4021.75
Woodie15.0017.6818.8021.4822.6025.2826.40
Fibonacci17.9319.3920.2821.7323.1924.0825.53

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 76.76
MACD (12,26,9): 0.1200
Directional Movement: 35.41
AROON (14): 57.14
DEMA (21): 19.66
Parabolic SAR (0,02-0,02-0,2): 19.27
Elder Ray (13): 0.68
Super Trend (3,10): 19.74
Zig ZAG (10): 20.35
VORTEX (21): 1.1200
Stochastique (14,3,5): 92.01
TEMA (21): 19.88
Williams %R (14): -10.71
Chande Momentum Oscillator (20): 1.05
Repulse (5,40,3): 2.2000
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 4.32
MA7: 19.68
MA20: 20.22
MA50: 21.97
MA100: 24.19
MAexp7: 19.85
MAexp20: 19.57
MAexp50: 19.65
MAexp100: 19.97
Price / MA7: +3.40%
Price / MA20: +0.64%
Price / MA50: -7.37%
Price / MA100: -15.87%
Price / MAexp7: +2.52%
Price / MAexp20: +3.99%
Price / MAexp50: +3.56%
Price / MAexp100: +1.90%

Quotes : - 15 min delayed data - Germany Stocks

News


Don't forget to follow the news on GRENKE AG NA 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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