GFT TECHNOLOGIES SE - 1H - Technical analysis published on 11/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
39%
11%
50%
My opinion
Bearish under 29.40 EUR
My targets
28.40 EUR (-2.34%)
27.84 EUR (-4.26%)
My analysis
The strong short-term decrease of GFT TECHNOLOGIES SE should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 29.40 EUR, a sale could be considered. The first bearish objective is located at 28.40 EUR. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 27.84 EUR. If there is any crossing, the next objective would be support 27.19 EUR. Caution, if there is a return to above 29.40 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GFT TECHNOLOGIES SE price is 29.08 EUR. The price registered a decrease of -0.07% on the session and was traded between 28.70 EUR and 29.24 EUR over the period. The price is currently at +1.32% from its lowest and -0.55% from its highest.28.70
29.24
29.08
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GFT TECHNOLOGIES SE in 1H shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.19 | 27.84 | 28.40 | 29.08 | 29.40 | 29.80 | 30.40 |
| Change (%) | -6.50% | -4.26% | -2.34% | - | +1.10% | +2.48% | +4.54% |
| Change | -1.89 | -1.24 | -0.68 | - | +0.32 | +0.72 | +1.32 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Major |
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 | 25.37 | 26.61 | 27.85 | 29.09 | 30.33 | 31.57 | 32.81 |
| Camarilla | 28.42 | 28.65 | 28.87 | 29.10 | 29.33 | 29.56 | 29.78 |
| Woodie | 25.38 | 26.61 | 27.86 | 29.09 | 30.34 | 31.57 | 32.82 |
| Fibonacci | 26.61 | 27.55 | 28.14 | 29.09 | 30.03 | 30.62 | 31.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.52 | 26.48 | 28.18 | 29.14 | 30.84 | 31.80 | 33.50 |
| Camarilla | 29.15 | 29.39 | 29.64 | 29.88 | 30.12 | 30.37 | 30.61 |
| Woodie | 25.89 | 26.67 | 28.55 | 29.33 | 31.21 | 31.99 | 33.87 |
| Fibonacci | 26.48 | 27.50 | 28.12 | 29.14 | 30.16 | 30.78 | 31.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.83 | 23.27 | 25.73 | 27.17 | 29.63 | 31.07 | 33.53 |
| Camarilla | 27.11 | 27.47 | 27.82 | 28.18 | 28.54 | 28.90 | 29.25 |
| Woodie | 22.33 | 23.53 | 26.23 | 27.43 | 30.13 | 31.33 | 34.03 |
| Fibonacci | 23.27 | 24.76 | 25.68 | 27.17 | 28.66 | 29.58 | 31.07 |
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): | 47.93 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -14.26 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 29.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.78 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 30.27 | |
| Zig ZAG (10): | 29.12 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 47.04 | |
| TEMA (21): | 29.04 | |
| Williams %R (14): | -48.39 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.7700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.74 |
| MA7: | 29.31 | |
| MA20: | 28.39 | |
| MA50: | 26.55 | |
| MA100: | 26.13 | |
| MAexp7: | 29.09 | |
| MAexp20: | 29.24 | |
| MAexp50: | 29.17 | |
| MAexp100: | 28.83 | |
| Price / MA7: | -0.78% | |
| Price / MA20: | +2.43% | |
| Price / MA50: | +9.53% | |
| Price / MA100: | +11.29% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | +0.87% |
Quotes :
-
15 min delayed data
-
Germany Stocks
News
The last news published on GFT TECHNOLOGIES SE at the time of the generation of this analysis was as follows:
- EQS-News: Stable growth for GFT in persistently challenging environment
- EQS-News: GFT AI.DA Marketplace: the faster way to utilise AI
- EQS-News: GFT improves its Leader ranking in the 2023 SPARK MATRIX™ for Digital Banking Services
- EQS-News: SWIAT cooperates with GFT to offer secure, compliant global blockchain platform
- EQS-News: GFT Technologies SE: GFT achieves double-digit growth in volatile environment
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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