FTSE EURO TOP 100

E100

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	E100
ISIN:	NL0000245710

FTSE EURO TOP 100 - Daily - Technical analysis published on 07/24/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 3,462.83 EUR

My targets

3,692.43 EUR (+1.03%)

My analysis

FTSE EURO TOP 100 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 3,462.83 EUR. The next resistance located at 3,692.43 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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.

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

7.9

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 FTSE EURO TOP 100 rating is 3,654.65 EUR. On the day, this instrument lost -0.01% and was between 3,639.98 EUR and 3,657.27 EUR. This implies that the price is at +0.40% from its lowest and at -0.07% from its highest.

3,639.98

3,657.27

3,654.65

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

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 (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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FTSE EURO TOP 100 chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	3,396.62	3,462.83	3,620.57	3,654.65	3,692.43
Change (%)	-7.06%	-5.25%	-0.93%	-	+1.03%
Change	-258.03	-191.82	-34.08	-	+37.78
Level	Major	Minor	Major	-	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,619.00	3,626.20	3,640.60	3,647.80	3,662.20	3,669.40	3,683.80
Camarilla	3,649.06	3,651.04	3,653.02	3,655.00	3,656.98	3,658.96	3,660.94
Woodie	3,622.60	3,628.00	3,644.20	3,649.60	3,665.80	3,671.20	3,687.40
Fibonacci	3,626.20	3,634.45	3,639.55	3,647.80	3,656.05	3,661.15	3,669.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,550.52	3,571.41	3,613.21	3,634.10	3,675.90	3,696.79	3,738.59
Camarilla	3,637.76	3,643.51	3,649.25	3,655.00	3,660.75	3,666.49	3,672.24
Woodie	3,560.97	3,576.64	3,623.66	3,639.33	3,686.35	3,702.02	3,749.04
Fibonacci	3,571.41	3,595.36	3,610.16	3,634.10	3,658.05	3,672.85	3,696.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,446.14	3,501.67	3,575.14	3,630.67	3,704.14	3,759.67	3,833.14
Camarilla	3,613.15	3,624.97	3,636.80	3,648.62	3,660.45	3,672.27	3,684.10
Woodie	3,455.12	3,506.16	3,584.12	3,635.16	3,713.12	3,764.16	3,842.12
Fibonacci	3,501.67	3,550.95	3,581.39	3,630.67	3,679.95	3,710.39	3,759.67

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):	58.73
MACD (12,26,9):	6.8900
Directional Movement:	4.72
AROON (14):	78.57
DEMA (21):	3,618.87
Parabolic SAR (0,02-0,02-0,2):	3,546.80
Elder Ray (13):	29.51
Super Trend (3,10):	3,557.77
Zig ZAG (10):	3,653.34
VORTEX (21):	1.0900
Stochastique (14,3,5):	93.73
TEMA (21):	3,630.59
Williams %R (14):	-2.66
Chande Momentum Oscillator (20):	124.68
Repulse (5,40,3):	1.0500
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	1.52

MA7:	3,629.37
MA20:	3,604.83
MA50:	3,618.87
MA100:	3,602.62
MAexp7:	3,631.56
MAexp20:	3,614.46
MAexp50:	3,612.42
MAexp100:	3,587.99
Price / MA7:	+0.70%
Price / MA20:	+1.38%
Price / MA50:	+0.99%
Price / MA100:	+1.44%
Price / MAexp7:	+0.64%
Price / MAexp20:	+1.11%
Price / MAexp50:	+1.17%
Price / MAexp100:	+1.86%

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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