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. - Daily - Technical analysis published on 09/18/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

My opinion

Bearish under 23.65 EUR

My targets

22.11 EUR (-5.11%)

21.00 EUR (-9.87%)

My analysis

In the short term, we can see an acceleration in the bearish trend on GRENKE AG NA O.N., which is a positive signal for sellers. As long as the price remains above 23.65 EUR, a sale could be considered. The first bearish objective is located at 22.11 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 21.00 EUR as an objective. Crossing it would then enable sellers to target 20.15 EUR. If the price were to return above 23.65 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.9

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 GRENKE AG NA O.N. price is 23.30 EUR. The price registered an increase of +3.33% on the session and was between 22.50 EUR and 23.50 EUR. This implies that the price is at +3.56% from its lowest and at -0.85% from its highest.

22.50

23.50

23.30

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of GRENKE AG NA O.N. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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 resistance of triangle

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	20.15	21.00	22.11	23.30	23.65	24.80	26.60
Change (%)	-13.52%	-9.87%	-5.11%	-	+1.50%	+6.44%	+14.16%
Change	-3.15	-2.30	-1.19	-	+0.35	+1.50	+3.30
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.87	22.08	22.32	22.53	22.77	22.98	23.22
Camarilla	22.43	22.47	22.51	22.55	22.59	22.63	22.67
Woodie	21.88	22.09	22.33	22.54	22.78	22.99	23.23
Fibonacci	22.08	22.26	22.36	22.53	22.71	22.81	22.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.62	21.08	21.77	22.23	22.92	23.38	24.07
Camarilla	22.13	22.24	22.35	22.45	22.56	22.66	22.77
Woodie	20.73	21.14	21.88	22.29	23.03	23.44	24.18
Fibonacci	21.08	21.52	21.79	22.23	22.67	22.94	23.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.53	22.02	23.68	26.17	27.83	30.32	31.98
Camarilla	24.21	24.59	24.97	25.35	25.73	26.11	26.49
Woodie	19.13	21.81	23.28	25.96	27.43	30.11	31.58
Fibonacci	22.02	23.60	24.58	26.17	27.75	28.73	30.32

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):	42.53
MACD (12,26,9):	-0.9900
Directional Movement:	-14.17
AROON (14):	-42.86
DEMA (21):	22.49
Parabolic SAR (0,02-0,02-0,2):	23.62
Elder Ray (13):	-0.16
Super Trend (3,10):	24.65
Zig ZAG (10):	23.25
VORTEX (21):	0.7500
Stochastique (14,3,5):	31.68
TEMA (21):	21.75
Williams %R (14):	-55.67
Chande Momentum Oscillator (20):	-1.85
Repulse (5,40,3):	3.4900
ROCnROLL:	-1
TRIX (15,9):	-0.5400
Courbe Coppock:	26.73

MA7:	22.30
MA20:	24.10
MA50:	25.89
MA100:	23.82
MAexp7:	22.72
MAexp20:	23.71
MAexp50:	24.51
MAexp100:	24.21
Price / MA7:	+4.48%
Price / MA20:	-3.32%
Price / MA50:	-10.00%
Price / MA100:	-2.18%
Price / MAexp7:	+2.55%
Price / MAexp20:	-1.73%
Price / MAexp50:	-4.94%
Price / MAexp100:	-3.76%

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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