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 10/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

50%

22%

My opinion

Bullish above 25.77 EUR

My targets

27.09 EUR (+1.46%)

27.70 EUR (+3.75%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 25.77 EUR remains possible. It is advisable to trade GRENKE AG NA O.N. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 25.77 EUR. The next bullish objective for buyers is set at 27.09 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 27.70 EUR. If there is any crossing, the next objective would be the resistance located at 28.55 EUR. PS: if there is a bearish break in the support located at 25.77 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

1.8

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

GRENKE AG NA O.N. rating 26.70 EUR. The price is lower by -0.19% since the last closing and was between 26.60 EUR and 26.95 EUR. This implies that the price is at +0.38% from its lowest and at -0.93% from its highest.

26.60

26.95

26.70

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 this 1H chart of GRENKE AG NA O.N. indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.80	25.77	26.60	26.70	27.09	27.70	28.55
Change (%)	-7.12%	-3.48%	-0.37%	-	+1.46%	+3.75%	+6.93%
Change	-1.90	-0.93	-0.10	-	+0.39	+1.00	+1.85
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.35	26.55	26.65	26.85	26.95	27.15	27.25
Camarilla	26.67	26.70	26.72	26.75	26.78	26.81	26.83
Woodie	26.30	26.53	26.60	26.83	26.90	27.13	27.20
Fibonacci	26.55	26.67	26.74	26.85	26.97	27.04	27.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.37	24.98	25.87	26.48	27.37	27.98	28.87
Camarilla	26.34	26.48	26.61	26.75	26.89	27.03	27.16
Woodie	24.50	25.05	26.00	26.55	27.50	28.05	29.00
Fibonacci	24.98	25.56	25.91	26.48	27.06	27.41	27.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.13	19.12	21.53	23.52	25.93	27.92	30.33
Camarilla	22.74	23.14	23.55	23.95	24.35	24.76	25.16
Woodie	17.35	19.23	21.75	23.63	26.15	28.03	30.55
Fibonacci	19.12	20.80	21.84	23.52	25.20	26.24	27.92

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):	48.35
MACD (12,26,9):	0.0800
Directional Movement:	9.15
AROON (14):	-85.71
DEMA (21):	26.93
Parabolic SAR (0,02-0,02-0,2):	27.03
Elder Ray (13):	-0.17
Super Trend (3,10):	26.44
Zig ZAG (10):	26.70
VORTEX (21):	0.8200
Stochastique (14,3,5):	25.00
TEMA (21):	26.83
Williams %R (14):	-80.00
Chande Momentum Oscillator (20):	-0.35
Repulse (5,40,3):	-0.2900
ROCnROLL:	-1
TRIX (15,9):	0.0700
Courbe Coppock:	0.53

MA7:	26.48
MA20:	25.24
MA50:	24.80
MA100:	24.56
MAexp7:	26.81
MAexp20:	26.79
MAexp50:	26.48
MAexp100:	25.92
Price / MA7:	+0.83%
Price / MA20:	+5.78%
Price / MA50:	+7.66%
Price / MA100:	+8.71%
Price / MAexp7:	-0.41%
Price / MAexp20:	-0.34%
Price / MAexp50:	+0.83%
Price / MAexp100:	+3.01%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on GRENKE AG NA O.N. at the time of the analysis were as follows:

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

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