LC 100 EUROPE - 1H - Technical analysis published on 11/11/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 137.20 EUR
My targets
140.88 EUR (+1.03%)
143.04 EUR (+2.57%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LC 100 EUROPE as long as the price remains well above 137.20 EUR. The buyers' bullish objective is set at 140.88 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 143.04 EUR. If there is any crossing, the next objective would be the resistance located at 148.97 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.4
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Additional analysis
Quotes
The LC 100 EUROPE rating is 139.45 EUR. The price registered a decrease of -0.04% on the session and was traded between 139.32 EUR and 140.59 EUR over the period. The price is currently at +0.09% from its lowest and -0.81% from its highest.139.32
140.59
139.45
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.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LC 100 EUROPE 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.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 129.34 | 134.38 | 137.20 | 139.45 | 140.88 | 143.04 | 148.97 |
| Change (%) | -7.25% | -3.64% | -1.61% | - | +1.03% | +2.57% | +6.83% |
| Change | -10.11 | -5.07 | -2.25 | - | +1.43 | +3.59 | +9.52 |
| Level | Major | Major | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.16 | 132.91 | 136.20 | 137.95 | 141.24 | 142.99 | 146.28 |
| Camarilla | 138.11 | 138.58 | 139.04 | 139.50 | 139.96 | 140.42 | 140.89 |
| Woodie | 131.94 | 133.30 | 136.98 | 138.34 | 142.02 | 143.38 | 147.06 |
| Fibonacci | 132.91 | 134.83 | 136.02 | 137.95 | 139.87 | 141.06 | 142.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.95 | 128.58 | 131.10 | 132.73 | 135.25 | 136.88 | 139.40 |
| Camarilla | 132.47 | 132.85 | 133.23 | 133.61 | 133.99 | 134.37 | 134.75 |
| Woodie | 127.39 | 128.80 | 131.54 | 132.95 | 135.69 | 137.10 | 139.84 |
| Fibonacci | 128.58 | 130.17 | 131.15 | 132.73 | 134.32 | 135.30 | 136.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.31 | 118.83 | 125.60 | 129.12 | 135.89 | 139.41 | 146.18 |
| Camarilla | 129.53 | 130.47 | 131.42 | 132.36 | 133.30 | 134.25 | 135.19 |
| Woodie | 116.93 | 119.64 | 127.22 | 129.93 | 137.51 | 140.22 | 147.80 |
| Fibonacci | 118.83 | 122.76 | 125.19 | 129.12 | 133.05 | 135.48 | 139.41 |
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): | 74.96 | |
| MACD (12,26,9): | 1.5100 | |
| Directional Movement: | 40.03 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 139.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 137.71 | |
| Elder Ray (13): | 1.61 | |
| Super Trend (3,10): | 138.06 | |
| Zig ZAG (10): | 139.44 | |
| VORTEX (21): | 1.3200 | |
| Stochastique (14,3,5): | 88.77 | |
| TEMA (21): | 139.85 | |
| Williams %R (14): | -19.87 | |
| Chande Momentum Oscillator (20): | 4.30 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 6.49 |
| MA7: | 135.42 | |
| MA20: | 132.27 | |
| MA50: | 130.20 | |
| MA100: | 134.00 | |
| MAexp7: | 139.05 | |
| MAexp20: | 137.22 | |
| MAexp50: | 135.36 | |
| MAexp100: | 133.74 | |
| Price / MA7: | +2.98% | |
| Price / MA20: | +5.43% | |
| Price / MA50: | +7.10% | |
| Price / MA100: | +4.07% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +1.63% | |
| Price / MAexp50: | +3.02% | |
| Price / MAexp100: | +4.27% |
Quotes :
-
15 min delayed data
-
Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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