Londinia Opportunities Analyses - 05/14/2024 (GMT) HENKEL AG+CO.KGAA VZO - 1H

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	HEN3
ISIN:	DE0006048432

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 81.57 EUR

My targets

84.35 EUR (+2.04%)

89.75 EUR (+8.58%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HENKEL AG+CO.KGAA VZO as long as the price remains well above 81.57 EUR. The buyers' bullish objective is set at 84.35 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 89.75 EUR. If there is any crossing, the next objective would be the resistance located at 109.85 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

7.5

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.

Additional analysis

Quotes

The HENKEL AG+CO.KGAA VZO rating is 82.66 EUR. The price has increased by +1.08% since the last closing with the lowest point at 81.54 EUR and the highest point at 82.74 EUR. The deviation from the price is +1.37% for the low point and -0.10% for the high point.

81.54

82.74

82.66

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

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 study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of HENKEL AG+CO.KGAA VZO indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	76.33	78.66	81.57	82.66	84.35	89.75	109.85
Change (%)	-7.66%	-4.84%	-1.32%	-	+2.04%	+8.58%	+32.89%
Change	-6.33	-4.00	-1.09	-	+1.69	+7.09	+27.19
Level	Intermediate	Minor	Intermediate	-	Intermediate	Intermediate	Intermediate

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	79.91	80.59	81.19	81.87	82.47	83.15	83.75
Camarilla	81.43	81.55	81.66	81.78	81.90	82.02	82.13
Woodie	79.86	80.57	81.14	81.85	82.42	83.13	83.70
Fibonacci	80.59	81.08	81.38	81.87	82.36	82.66	83.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	74.75	76.71	79.49	81.45	84.23	86.19	88.97
Camarilla	80.98	81.41	81.85	82.28	82.72	83.15	83.58
Woodie	75.17	76.92	79.91	81.66	84.65	86.40	89.39
Fibonacci	76.71	78.52	79.64	81.45	83.26	84.38	86.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.85	66.06	70.26	72.47	76.67	78.88	83.08
Camarilla	72.70	73.29	73.87	74.46	75.05	75.64	76.22
Woodie	64.85	66.56	71.26	72.97	77.67	79.38	84.08
Fibonacci	66.06	68.51	70.02	72.47	74.92	76.43	78.88

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):	61.39
MACD (12,26,9):	0.1300
Directional Movement:	3.20
AROON (14):	42.86
DEMA (21):	82.31
Parabolic SAR (0,02-0,02-0,2):	81.33
Elder Ray (13):	0.20
Super Trend (3,10):	81.62
Zig ZAG (10):	82.60
VORTEX (21):	0.9600
Stochastique (14,3,5):	75.53
TEMA (21):	82.03
Williams %R (14):	-7.02
Chande Momentum Oscillator (20):	0.74
Repulse (5,40,3):	0.6000
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.21

MA7:	81.41
MA20:	75.65
MA50:	72.90
MA100:	71.46
MAexp7:	82.22
MAexp20:	82.11
MAexp50:	81.30
MAexp100:	79.32
Price / MA7:	+1.54%
Price / MA20:	+9.27%
Price / MA50:	+13.39%
Price / MA100:	+15.67%
Price / MAexp7:	+0.54%
Price / MAexp20:	+0.67%
Price / MAexp50:	+1.67%
Price / MAexp100:	+4.21%

Quotes : - 15 min delayed data - Actions Allemagne

News

The last news published on HENKEL AG+CO.KGAA VZO at the time of the generation of this analysis was as follows: