ELRINGKLINGER AG NA O.N.
4.840
EUR
(+5.68%)
03/28/2025 - 16:34
Closed 15 min delayed data - Germany Stocks
| Open: | 4.655 |
| Change: | +0.260 |
| Volume: | 126,566 |
| Low: | 4.625 |
| High: | 4.930 |
| High / Low range: | 0.305 |
| Type: | Stocks |
| Ticker: | ZIL2 |
| ISIN: | DE0007856023 |
ELRINGKLINGER AG NA O.N. - 1H - Technical analysis published on 09/15/2023 (GMT)
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- 09/15/2023 - 10:20
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- Timeframe : 1H
- - Analysis generated on 09/15/2023 - 10:20
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 6.010 EUR
My targets
5.855 EUR (-1.18%)
5.752 EUR (-2.92%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 6.010 EUR remains possible. It is advisable to trade ELRINGKLINGER AG NA O.N. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 6.010 EUR. The next bearish objective for sellers is set at 5.855 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.752 EUR. In case of crossing, the next objective would be the support located at 5.705 EUR. PS: if there is a bullish break in the resistance located at 6.010 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ELRINGKLINGER AG NA O.N. rating 5.925 EUR. The price registered a decrease of -0.08% on the session and was between 5.880 EUR and 6.045 EUR. This implies that the price is at +0.77% from its lowest and at -1.99% from its highest.5.880
6.045
5.925
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
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 this 1H chart of ELRINGKLINGER AG NA O.N. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.752 | 5.855 | 5.917 | 5.925 | 6.010 | 6.089 | 6.142 |
| Change (%) | -2.92% | -1.18% | -0.14% | - | +1.43% | +2.77% | +3.66% |
| Change | -0.173 | -0.070 | -0.008 | - | +0.085 | +0.164 | +0.217 |
| Level | Major | Minor | Minor | - | Minor | 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 | 5.683 | 5.747 | 5.838 | 5.902 | 5.993 | 6.057 | 6.148 |
| Camarilla | 5.887 | 5.902 | 5.916 | 5.930 | 5.944 | 5.958 | 5.973 |
| Woodie | 5.698 | 5.754 | 5.853 | 5.909 | 6.008 | 6.064 | 6.163 |
| Fibonacci | 5.747 | 5.806 | 5.843 | 5.902 | 5.961 | 5.998 | 6.057 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.178 | 5.442 | 5.613 | 5.877 | 6.048 | 6.312 | 6.483 |
| Camarilla | 5.665 | 5.705 | 5.745 | 5.785 | 5.825 | 5.865 | 5.905 |
| Woodie | 5.133 | 5.419 | 5.568 | 5.854 | 6.003 | 6.289 | 6.438 |
| Fibonacci | 5.442 | 5.608 | 5.711 | 5.877 | 6.043 | 6.146 | 6.312 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.098 | 4.402 | 5.238 | 6.542 | 7.378 | 8.682 | 9.518 |
| Camarilla | 5.487 | 5.683 | 5.879 | 6.075 | 6.271 | 6.467 | 6.664 |
| Woodie | 2.865 | 4.285 | 5.005 | 6.425 | 7.145 | 8.565 | 9.285 |
| Fibonacci | 4.402 | 5.219 | 5.724 | 6.542 | 7.359 | 7.864 | 8.682 |
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): | 46.79 | |
| MACD (12,26,9): | -0.0160 | |
| Directional Movement: | 2.771 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 5.910 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.844 | |
| Elder Ray (13): | -0.012 | |
| Super Trend (3,10): | 5.969 | |
| Zig ZAG (10): | 5.935 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 52.48 | |
| TEMA (21): | 5.898 | |
| Williams %R (14): | -46.81 | |
| Chande Momentum Oscillator (20): | -0.065 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0390 | |
| Courbe Coppock: | 2.66 |
| MA7: | 5.928 | |
| MA20: | 5.934 | |
| MA50: | 6.783 | |
| MA100: | 7.832 | |
| MAexp7: | 5.917 | |
| MAexp20: | 5.925 | |
| MAexp50: | 5.940 | |
| MAexp100: | 5.958 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.15% | |
| Price / MA50: | -12.65% | |
| Price / MA100: | -24.35% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.55% |
Quotes :
09/15/2023 - 10:00
-
15 min delayed data
-
Germany Stocks
News
The last news published on ELRINGKLINGER AG NA O.N. at the time of the generation of this analysis was as follows:
- 08/30/2023 - 09:00 EQS-News: New EKPO order marks first strategic step into the electrolysis market
- 08/03/2023 - 05:31 EQS-News: ElringKlinger with increased profitability in the first half of 2023
- 07/26/2023 - 10:36 EQS-News: ElringKlinger secures series production contract from global Tier 1 supplier for battery housings
- 07/11/2023 - 11:15 EQS-Adhoc: Q2 2023: Marked year-on-year improvement in revenue and earnings performance
- 07/04/2023 - 08:00 EQS-News: EKPO supplies fuel cell stacks for cruise ship
This member declared not having a position on this financial instrument or a related financial instrument.
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