JUNGHEINRICH AG O.N.VZO - Daily - Technical analysis published on 07/11/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 32.41 EUR
My targets
31.06 EUR (-1.71%)
28.91 EUR (-8.51%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on JUNGHEINRICH AG O.N.VZO as long as the price remains well below 32.41 EUR. The next bearish objective for sellers is set at 31.06 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 28.91 EUR. If there is any crossing, the next objective would be the support located at 27.28 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.7
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Additional analysis
Quotes
The JUNGHEINRICH AG O.N.VZO rating is 31.60 EUR. On the day, this instrument lost -0.06% and was traded between 31.44 EUR and 31.70 EUR over the period. The price is currently at +0.51% from its lowest and -0.32% from its highest.31.44
31.70
31.60
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by JUNGHEINRICH AG O.N.VZO:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of JUNGHEINRICH AG O.N.VZO indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami cross
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.28 | 28.91 | 31.06 | 31.60 | 32.41 | 34.58 | 35.95 |
| Change (%) | -13.67% | -8.51% | -1.71% | - | +2.56% | +9.43% | +13.77% |
| Change | -4.32 | -2.69 | -0.54 | - | +0.81 | +2.98 | +4.35 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | 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 | 28.91 | 29.57 | 30.59 | 31.25 | 32.27 | 32.93 | 33.95 |
| Camarilla | 31.16 | 31.31 | 31.47 | 31.62 | 31.77 | 31.93 | 32.08 |
| Woodie | 29.10 | 29.66 | 30.78 | 31.34 | 32.46 | 33.02 | 34.14 |
| Fibonacci | 29.57 | 30.21 | 30.61 | 31.25 | 31.89 | 32.29 | 32.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.01 | 29.65 | 30.61 | 31.25 | 32.21 | 32.85 | 33.81 |
| Camarilla | 31.12 | 31.27 | 31.41 | 31.56 | 31.71 | 31.85 | 32.00 |
| Woodie | 29.16 | 29.73 | 30.76 | 31.33 | 32.36 | 32.93 | 33.96 |
| Fibonacci | 29.65 | 30.27 | 30.64 | 31.25 | 31.87 | 32.24 | 32.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.74 | 26.68 | 28.72 | 32.66 | 34.70 | 38.64 | 40.68 |
| Camarilla | 29.12 | 29.66 | 30.21 | 30.76 | 31.31 | 31.86 | 32.41 |
| Woodie | 21.79 | 26.21 | 27.77 | 32.19 | 33.75 | 38.17 | 39.73 |
| Fibonacci | 26.68 | 28.96 | 30.38 | 32.66 | 34.94 | 36.36 | 38.64 |
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): | 44.29 | |
| MACD (12,26,9): | -0.7500 | |
| Directional Movement: | -15.74 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 30.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.94 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 33.60 | |
| Zig ZAG (10): | 31.62 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 43.37 | |
| TEMA (21): | 30.75 | |
| Williams %R (14): | -43.09 | |
| Chande Momentum Oscillator (20): | 0.42 | |
| Repulse (5,40,3): | 1.4100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4200 | |
| Courbe Coppock: | 5.16 |
| MA7: | 31.40 | |
| MA20: | 31.54 | |
| MA50: | 33.85 | |
| MA100: | 33.77 | |
| MAexp7: | 31.39 | |
| MAexp20: | 31.91 | |
| MAexp50: | 33.08 | |
| MAexp100: | 33.24 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +0.19% | |
| Price / MA50: | -6.65% | |
| Price / MA100: | -6.43% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | -0.97% | |
| Price / MAexp50: | -4.47% | |
| Price / MAexp100: | -4.93% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on JUNGHEINRICH AG O.N.VZO at the time of the analysis were as follows:
- EQS-Adhoc: Jungheinrich AG: Jungheinrich raises forecast for 2023 and publishes preliminary figures as of 31 March 2023
- EQS-Adhoc: Jungheinrich AG: Jungheinrich AG to acquire Storage Solutions group to add strategic foothold in fast-growing U.S. warehouse automation market
- EQS-Adhoc: Jungheinrich AG: Change in the Supervisory Board of Jungheinrich AG
- EQS-Adhoc: Jungheinrich AG: Jungheinrich substantiates forecast for 2022
- DGAP-Adhoc: Jungheinrich AG: Jungheinrich forecast for 2022 financial year below market expectations due to economic uncertainty
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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