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META PLATF.A DL-.000006
META PLATF.A DL-.000006
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FB2A
ISIN:

META PLATF.A DL-.000006 - Daily - Technical analysis published on 02/02/2024 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 388.58 EUR
My targets
452.93 EUR (+6.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on META PLATF.A DL-.000006 as long as the price remains well above 388.58 EUR. The buyers' bullish objective is set at 452.93 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The META PLATF.A DL-.000006 price is 424.45 EUR. The price registered an increase of +16.26% on the session with the lowest point at 417.65 EUR and the highest point at 427.95 EUR. The deviation from the price is +1.63% for the low point and -0.82% for the high point.

417.65
427.95
424.45

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of META PLATF.A DL-.000006 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 273.35 293.52 323.10 424.45
Change (%) -35.60% -30.85% -23.88% -
Change -151.10 -130.93 -101.35 -
Level 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
Standard356.23359.97362.53366.27368.83372.57375.13
Camarilla363.37363.95364.52365.10365.68366.26366.83
Woodie355.65359.68361.95365.98368.25372.28374.55
Fibonacci359.97362.37363.86366.27368.67370.16372.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard339.72344.73354.77359.78369.82374.83384.87
Camarilla360.66362.04363.42364.80366.18367.56368.94
Woodie342.23345.99357.28361.04372.33376.09387.38
Fibonacci344.73350.48354.03359.78365.53369.08374.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard259.88285.27324.23349.62388.58413.97452.93
Camarilla345.50351.40357.30363.20369.10375.00380.90
Woodie266.68288.66331.03353.01395.38417.36459.73
Fibonacci285.27309.85325.04349.62374.20389.39413.97

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): 85.94
MACD (12,26,9): 17.2100
Directional Movement: 46.38
AROON (14): 85.71
DEMA (21): 378.48
Parabolic SAR (0,02-0,02-0,2): 356.80
Elder Ray (13): 55.93
Super Trend (3,10): 383.12
Zig ZAG (10): 424.50
VORTEX (21): 1.2100
Stochastique (14,3,5): 82.56
TEMA (21): 386.90
Williams %R (14): -3.34
Chande Momentum Oscillator (20): 87.15
Repulse (5,40,3): 2.3200
ROCnROLL: 1
TRIX (15,9): 0.5700
Courbe Coppock: 23.94
MA7: 374.59
MA20: 353.58
MA50: 327.41
MA100: 310.79
MAexp7: 378.74
MAexp20: 357.48
MAexp50: 334.89
MAexp100: 314.25
Price / MA7: +13.31%
Price / MA20: +20.04%
Price / MA50: +29.64%
Price / MA100: +36.57%
Price / MAexp7: +12.07%
Price / MAexp20: +18.73%
Price / MAexp50: +26.74%
Price / MAexp100: +35.07%

Quotes : - 15 min delayed data - Germany Stocks

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

About author

Londinia
Londinia AI

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