Londinia Opportunities Analyses - 12/02/2024 (GMT) LINDE PLCEO -.001 - 1H

LINDE PLCEO -.001
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: LIN
ISIN: IE000S9YS762

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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 436.0 EUR
My targets
444.6 EUR (+1.32%)
448.2 EUR (+2.14%)
My analysis
The bullish trend is currently very strong on LINDE PLCEO -.001. As long as the price remains above the support at 436.0 EUR, you could try to benefit from the boom. The first bullish objective is located at 444.6 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 448.2 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
8.2

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Additional analysis

Quotes

The LINDE PLCEO -.001 price is 438.8 EUR. On the day, this instrument gained +0.78% and was between 436.6 EUR and 439.6 EUR. This implies that the price is at +0.50% from its lowest and at -0.18% from its highest.

436.6
439.6
438.8

Here is a more detailed summary of the historical variations registered by LINDE PLCEO -.001:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 LINDE PLCEO -.001 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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 : 1 hour



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

Central Candlesticks

Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 419.2 425.2 436.0 438.8 444.6 448.2
Change (%) -4.47% -3.10% -0.64% - +1.32% +2.14%
Change -19.6 -13.6 -2.8 - +5.8 +9.4
Level Major Minor Major - 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
Standard428.5430.1432.7434.3436.9438.5441.1
Camarilla434.3434.6435.0435.4435.8436.2436.6
Woodie429.1430.4433.3434.6437.5438.8441.7
Fibonacci430.1431.7432.7434.3435.9436.9438.5


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard414.1422.1428.7436.7443.3451.3457.9
Camarilla431.4432.7434.1435.4436.7438.1439.4
Woodie413.5421.8428.1436.4442.7451.0457.3
Fibonacci422.1427.6431.1436.7442.2445.7451.3


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard389.8402.6419.0431.8448.2461.0477.4
Camarilla427.4430.1432.7435.4438.1440.8443.4
Woodie391.6403.5420.8432.7450.0461.9479.2
Fibonacci402.6413.8420.7431.8443.0449.9461.0

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 67.00
MACD (12,26,9): 1.2000
Directional Movement: 20.3
AROON (14): 100.0
DEMA (21): 436.4
Parabolic SAR (0,02-0,02-0,2): 432.4
Elder Ray (13): 2.8
Super Trend (3,10): 433.3
Zig ZAG (10): 438.4
VORTEX (21): 1.0000
Stochastique (14,3,5): 84.40
TEMA (21): 437.2
Williams %R (14): -12.80
Chande Momentum Oscillator (20): 5.8
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.60
MA7: 434.8
MA20: 429.8
MA50: 432.1
MA100: 424.5
MAexp7: 436.9
MAexp20: 435.1
MAexp50: 433.5
MAexp100: 432.0
Price / MA7: +0.92%
Price / MA20: +2.09%
Price / MA50: +1.55%
Price / MA100: +3.37%
Price / MAexp7: +0.43%
Price / MAexp20: +0.85%
Price / MAexp50: +1.22%
Price / MAexp100: +1.57%

Quotes : - 15 min delayed data - Actions Allemagne