PRT NL INDEX

NLIDX

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Indices
Ticker:	NLIDX
ISIN:

PRT NL INDEX - 1H - Technical analysis published on 11/03/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 731.49 EUR

My targets

738.44 EUR (+0.36%)

741.42 EUR (+0.76%)

My analysis

PRT NL INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 731.49 EUR. The next resistance located at 738.44 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 741.42 EUR. After this resistance, buyers could then target 744.96 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

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 rating is 735.82 EUR. On the day, this instrument lost -0.03% with the lowest point at 735.07 EUR and the highest point at 739.54 EUR. The deviation from the price is +0.10% for the low point and -0.50% for the high point.

735.07

739.54

735.82

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

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of PRT NL INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Bullish harami

Type : Bullish

Timeframe : 1 hour

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	721.54	731.49	735.12	735.82	738.44	741.42	744.96
Change (%)	-1.94%	-0.59%	-0.10%	-	+0.36%	+0.76%	+1.24%
Change	-14.28	-4.33	-0.70	-	+2.62	+5.60	+9.14
Level	Intermediate	Minor	Major	-	Minor	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	718.53	722.99	729.51	733.97	740.49	744.95	751.47
Camarilla	733.01	734.02	735.02	736.03	737.04	738.04	739.05
Woodie	719.56	723.51	730.54	734.49	741.52	745.47	752.50
Fibonacci	722.99	727.18	729.78	733.97	738.16	740.76	744.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	696.64	704.16	709.21	716.73	721.78	729.30	734.35
Camarilla	710.79	711.95	713.10	714.25	715.40	716.56	717.71
Woodie	695.40	703.54	707.97	716.11	720.54	728.68	733.11
Fibonacci	704.16	708.97	711.93	716.73	721.54	724.50	729.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	671.94	691.81	705.21	725.08	738.48	758.35	771.75
Camarilla	709.45	712.50	715.55	718.60	721.65	724.70	727.75
Woodie	668.70	690.19	701.97	723.46	735.24	756.73	768.51
Fibonacci	691.81	704.52	712.37	725.08	737.79	745.64	758.35

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.93
MACD (12,26,9):	3.8100
Directional Movement:	21.41
AROON (14):	50.00
DEMA (21):	738.56
Parabolic SAR (0,02-0,02-0,2):	739.45
Elder Ray (13):	1.14
Super Trend (3,10):	730.68
Zig ZAG (10):	736.20
VORTEX (21):	1.2400
Stochastique (14,3,5):	60.29
TEMA (21):	739.66
Williams %R (14):	-51.57
Chande Momentum Oscillator (20):	1.23
Repulse (5,40,3):	-0.2300
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	1.93

MA7:	722.93
MA20:	727.38
MA50:	731.88
MA100:	748.56
MAexp7:	736.52
MAexp20:	733.33
MAexp50:	727.86
MAexp100:	725.79
Price / MA7:	+1.78%
Price / MA20:	+1.16%
Price / MA50:	+0.54%
Price / MA100:	-1.70%
Price / MAexp7:	-0.10%
Price / MAexp20:	+0.34%
Price / MAexp50:	+1.09%
Price / MAexp100:	+1.38%

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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