DELONGHI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DLG
ISIN:	IT0003115950

DELONGHI - 1H - Technical analysis published on 07/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

89%

11%

My opinion

Bullish above 30.98 EUR

My targets

32.78 EUR (+3.60%)

33.61 EUR (+6.23%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on DELONGHI as long as the price remains well above 30.98 EUR. The buyers' bullish objective is set at 32.78 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.61 EUR. If there is any crossing, the next objective would be the resistance located at 38.21 EUR.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DELONGHI rating is 31.64 EUR. The price has increased by +5.12% since the last closing and was between 30.44 EUR and 31.74 EUR. This implies that the price is at +3.94% from its lowest and at -0.32% from its highest.

30.44

31.74

31.64

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

Here is a more detailed summary of the historical variations registered by DELONGHI:

Technical

A technical analysis in 1H of this DELONGHI chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.38	30.98	31.54	31.64	32.78	33.61	38.21
Change (%)	-3.98%	-2.09%	-0.32%	-	+3.60%	+6.23%	+20.76%
Change	-1.26	-0.66	-0.10	-	+1.14	+1.97	+6.57
Level	Minor	Intermediate	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	28.93	29.17	29.63	29.87	30.33	30.57	31.03
Camarilla	29.91	29.97	30.04	30.10	30.16	30.23	30.29
Woodie	29.05	29.23	29.75	29.93	30.45	30.63	31.15
Fibonacci	29.17	29.43	29.60	29.87	30.13	30.30	30.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.20	26.68	27.94	30.42	31.68	34.16	35.42
Camarilla	28.17	28.51	28.86	29.20	29.54	29.89	30.23
Woodie	23.59	26.38	27.33	30.12	31.07	33.86	34.81
Fibonacci	26.68	28.11	28.99	30.42	31.85	32.73	34.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.67	26.41	27.81	30.55	31.95	34.69	36.09
Camarilla	28.06	28.44	28.82	29.20	29.58	29.96	30.34
Woodie	22.99	26.08	27.13	30.22	31.27	34.36	35.41
Fibonacci	26.41	28.00	28.97	30.55	32.14	33.11	34.69

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):	76.25
MACD (12,26,9):	0.2700
Directional Movement:	39.95
AROON (14):	50.00
DEMA (21):	30.41
Parabolic SAR (0,02-0,02-0,2):	29.62
Elder Ray (13):	1.23
Super Trend (3,10):	30.55
Zig ZAG (10):	31.58
VORTEX (21):	1.2100
Stochastique (14,3,5):	95.11
TEMA (21):	30.84
Williams %R (14):	-7.69
Chande Momentum Oscillator (20):	1.76
Repulse (5,40,3):	2.8000
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	5.69

MA7:	30.19
MA20:	31.51
MA50:	31.47
MA100:	30.60
MAexp7:	30.94
MAexp20:	30.17
MAexp50:	30.28
MAexp100:	30.76
Price / MA7:	+4.80%
Price / MA20:	+0.41%
Price / MA50:	+0.54%
Price / MA100:	+3.40%
Price / MAexp7:	+2.26%
Price / MAexp20:	+4.87%
Price / MAexp50:	+4.49%
Price / MAexp100:	+2.86%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on DELONGHI at the time of the analysis were as follows:

De'Longhi

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

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