PRT NL INDEX

NLIDX

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Indices
Ticker:	NLIDX
ISIN:

PRT NL INDEX - 1H - Technical analysis published on 10/27/2023 (GMT)

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

39%

56%

My opinion

Bearish under 724.26 EUR

My targets

716.42 EUR (-0.30%)

711.69 EUR (-0.96%)

My analysis

The bearish basic trend is very strong on PRT NL INDEX but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 724.26 EUR. Crossing the first support at 716.42 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 711.69 EUR as an objective. Crossing it would then enable sellers to target 630.13 EUR. Caution, a return to above the resistance located at 724.26 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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 are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

3.9

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PRT NL INDEX price is 718.56 EUR. On the day, this instrument lost -0.10% and was traded between 717.58 EUR and 723.48 EUR over the period. The price is currently at +0.14% from its lowest and -0.68% from its highest.

717.58

723.48

718.56

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of PRT NL INDEX indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	630.13	711.69	716.42	718.56	724.26	731.49	735.12
Change (%)	-12.31%	-0.96%	-0.30%	-	+0.79%	+1.80%	+2.30%
Change	-88.43	-6.87	-2.14	-	+5.70	+12.93	+16.56
Level	Major	Intermediate	Major	-	Intermediate	Minor	Major

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	705.87	709.74	714.52	718.39	723.17	727.04	731.82
Camarilla	716.92	717.71	718.51	719.30	720.09	720.89	721.68
Woodie	706.33	709.97	714.98	718.62	723.63	727.27	732.28
Fibonacci	709.74	713.04	715.09	718.39	721.69	723.74	727.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	686.29	701.16	708.70	723.57	731.11	745.98	753.52
Camarilla	710.08	712.13	714.19	716.24	718.29	720.35	722.40
Woodie	682.63	699.33	705.04	721.74	727.45	744.15	749.86
Fibonacci	701.16	709.72	715.01	723.57	732.13	737.42	745.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	672.12	693.85	711.32	733.05	750.52	772.25	789.72
Camarilla	718.01	721.60	725.20	728.79	732.38	735.98	739.57
Woodie	669.99	692.79	709.19	731.99	748.39	771.19	787.59
Fibonacci	693.85	708.82	718.08	733.05	748.02	757.28	772.25

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):	52.82
MACD (12,26,9):	0.1000
Directional Movement:	-7.24
AROON (14):	71.43
DEMA (21):	720.48
Parabolic SAR (0,02-0,02-0,2):	715.26
Elder Ray (13):	0.69
Super Trend (3,10):	715.45
Zig ZAG (10):	721.56
VORTEX (21):	1.1000
Stochastique (14,3,5):	59.06
TEMA (21):	721.13
Williams %R (14):	-29.72
Chande Momentum Oscillator (20):	3.51
Repulse (5,40,3):	0.1500
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.38

MA7:	721.03
MA20:	727.03
MA50:	733.07
MA100:	750.80
MAexp7:	720.51
MAexp20:	720.42
MAexp50:	721.52
MAexp100:	724.23
Price / MA7:	-0.34%
Price / MA20:	-1.17%
Price / MA50:	-1.98%
Price / MA100:	-4.29%
Price / MAexp7:	-0.27%
Price / MAexp20:	-0.26%
Price / MAexp50:	-0.41%
Price / MAexp100:	-0.78%

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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