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

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	HEN
ISIN:	DE0006048408

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 73.20 EUR

My targets

74.25 EUR (+0.81%)

77.99 EUR (+5.89%)

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 ST O.N. as long as the price remains well above 73.20 EUR. The buyers' bullish objective is set at 74.25 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 77.99 EUR. If there is any crossing, the next objective would be the resistance located at 89.06 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

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Additional analysis

Quotes

HENKEL AG+CO.KGAA ST O.N. rating 73.65 EUR. The price registered an increase of +1.24% on the session with the lowest point at 72.40 EUR and the highest point at 73.65 EUR. The deviation from the price is +1.73% for the low point and 0% for the high point.

72.40

73.65

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 Central Records scanner for higher/lower results shows the following items:

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 ST O.N. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour

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:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	70.53	72.03	73.20	73.65	74.25	77.99	89.06
Change (%)	-4.24%	-2.20%	-0.61%	-	+0.81%	+5.89%	+20.92%
Change	-3.12	-1.62	-0.45	-	+0.60	+4.34	+15.41
Level	Minor	Minor	Minor	-	Major	Major	Minor

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	70.85	71.45	72.10	72.70	73.35	73.95	74.60
Camarilla	72.41	72.52	72.64	72.75	72.87	72.98	73.09
Woodie	70.88	71.46	72.13	72.71	73.38	73.96	74.63
Fibonacci	71.45	71.93	72.22	72.70	73.18	73.47	73.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.48	69.07	71.08	72.67	74.68	76.27	78.28
Camarilla	72.11	72.44	72.77	73.10	73.43	73.76	74.09
Woodie	67.70	69.18	71.30	72.78	74.90	76.38	78.50
Fibonacci	69.07	70.44	71.29	72.67	74.04	74.89	76.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.23	60.22	63.68	65.67	69.13	71.12	74.58
Camarilla	65.65	66.15	66.65	67.15	67.65	68.15	68.65
Woodie	58.98	60.59	64.43	66.04	69.88	71.49	75.33
Fibonacci	60.22	62.30	63.59	65.67	67.75	69.04	71.12

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):	62.34
MACD (12,26,9):	0.1300
Directional Movement:	6.97
AROON (14):	42.86
DEMA (21):	73.31
Parabolic SAR (0,02-0,02-0,2):	72.11
Elder Ray (13):	0.27
Super Trend (3,10):	72.61
Zig ZAG (10):	73.55
VORTEX (21):	0.9500
Stochastique (14,3,5):	86.75
TEMA (21):	73.16
Williams %R (14):	-4.00
Chande Momentum Oscillator (20):	0.75
Repulse (5,40,3):	0.5800
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.42

MA7:	72.56
MA20:	68.15
MA50:	65.63
MA100:	64.05
MAexp7:	73.29
MAexp20:	73.13
MAexp50:	72.52
MAexp100:	71.01
Price / MA7:	+1.50%
Price / MA20:	+8.07%
Price / MA50:	+12.22%
Price / MA100:	+14.99%
Price / MAexp7:	+0.49%
Price / MAexp20:	+0.71%
Price / MAexp50:	+1.56%
Price / MAexp100:	+3.72%

Quotes : - 15 min delayed data - Actions Allemagne

News

The latest news and videos published on HENKEL AG+CO.KGAA ST O.N. at the time of the analysis were as follows: