KLOECKNER + CO SE NA O.N. - Daily - Technical analysis published on 10/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 5.040 EUR and 5.265 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on KLOECKNER + CO SE NA O.N.. It is difficult to advise a trading direction under these conditions. The first support is located at 5.040 EUR. The first resistance is located at 5.265 EUR. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KLOECKNER + CO SE NA O.N. price is 5.205 EUR. On the day, this instrument gained +1.46% and was between 5.100 EUR and 5.295 EUR. This implies that the price is at +2.06% from its lowest and at -1.70% from its highest.5.100
5.295
5.205
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this KLOECKNER + CO SE NA O.N. chart shows a slightly bearish trend. 46.43% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
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 | 4.350 | 4.662 | 5.040 | 5.205 | 5.265 | 6.000 | 6.644 |
| Change (%) | -16.43% | -10.43% | -3.17% | - | +1.15% | +15.27% | +27.65% |
| Change | -0.855 | -0.543 | -0.165 | - | +0.060 | +0.795 | +1.439 |
| Level | Major | Major | Intermediate | - | Minor | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 4.982 | 5.053 | 5.092 | 5.163 | 5.202 | 5.273 | 5.312 |
| Camarilla | 5.100 | 5.110 | 5.120 | 5.130 | 5.140 | 5.150 | 5.160 |
| Woodie | 4.965 | 5.045 | 5.075 | 5.155 | 5.185 | 5.265 | 5.295 |
| Fibonacci | 5.053 | 5.095 | 5.121 | 5.163 | 5.205 | 5.231 | 5.273 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.413 | 3.883 | 4.436 | 4.906 | 5.459 | 5.929 | 6.482 |
| Camarilla | 4.709 | 4.803 | 4.896 | 4.990 | 5.084 | 5.178 | 5.271 |
| Woodie | 3.456 | 3.904 | 4.479 | 4.927 | 5.502 | 5.950 | 6.525 |
| Fibonacci | 3.883 | 4.274 | 4.515 | 4.906 | 5.297 | 5.538 | 5.929 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.207 | 4.678 | 5.122 | 5.593 | 6.037 | 6.508 | 6.952 |
| Camarilla | 5.313 | 5.397 | 5.481 | 5.565 | 5.649 | 5.733 | 5.817 |
| Woodie | 4.193 | 4.671 | 5.108 | 5.586 | 6.023 | 6.501 | 6.938 |
| Fibonacci | 4.678 | 5.028 | 5.244 | 5.593 | 5.943 | 6.159 | 6.508 |
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): | 49.49 | |
| MACD (12,26,9): | -0.0930 | |
| Directional Movement: | -7.280 | |
| AROON (14): | -14.286 | |
| DEMA (21): | 5.073 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.370 | |
| Elder Ray (13): | 0.063 | |
| Super Trend (3,10): | 5.700 | |
| Zig ZAG (10): | 5.210 | |
| VORTEX (21): | 0.9050 | |
| Stochastique (14,3,5): | 71.01 | |
| TEMA (21): | 4.975 | |
| Williams %R (14): | -18.61 | |
| Chande Momentum Oscillator (20): | 0.065 | |
| Repulse (5,40,3): | 1.4680 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2890 | |
| Courbe Coppock: | 9.63 |
| MA7: | 5.001 | |
| MA20: | 5.182 | |
| MA50: | 5.317 | |
| MA100: | 5.085 | |
| MAexp7: | 5.107 | |
| MAexp20: | 5.188 | |
| MAexp50: | 5.248 | |
| MAexp100: | 5.341 | |
| Price / MA7: | +4.08% | |
| Price / MA20: | +0.44% | |
| Price / MA50: | -2.11% | |
| Price / MA100: | +2.36% | |
| Price / MAexp7: | +1.92% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | -0.82% | |
| Price / MAexp100: | -2.55% |
News
Don"t forget to follow the news on KLOECKNER + CO SE NA O.N.. At the time of publication of this analysis, the latest news was as follows:
- DGAP-Adhoc: Klöckner & Co SE: Guidance for full year 2019 - operating income (EBITDA) burdened
- DGAP-News: Klöckner & Co SE reports market-related impacts on earnings in second quarter of 2019
- DGAP-News: Klöckner & Co SE reorganizes Management Board and strengthens country organizations
- DGAP-Adhoc: Klöckner & Co SE: Guidance for the full year - operating income (EBITDA) burdened by general economic development
- DGAP-News: Klöckner & Co SE reports lower earnings in first quarter of 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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