ESTX TECH EUR (PRICE)

SX8E

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX8E
ISIN:	EU0009658541

ESTX TECH EUR (PRICE) - 1H - Technical analysis published on 07/27/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

My opinion

Bullish above 905.33 EUR

My targets

927.98 EUR (+1.21%)

936.92 EUR (+2.18%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ESTX TECH EUR (PRICE) as long as the price remains well above 905.33 EUR. The buyers' bullish objective is set at 927.98 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 936.92 EUR. If there is any crossing, the next objective would be the resistance located at 1,040.24 EUR.

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

7.3

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

ESTX TECH EUR (PRICE) rating 916.90 EUR. The price registered an increase of +4.81% on the session and was traded between 874.83 EUR and 918.10 EUR over the period. The price is currently at +4.81% from its lowest and -0.13% from its highest.

874.83

918.10

916.90

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 ESTX TECH EUR (PRICE) in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	879.19	884.82	905.33	916.90	917.31	927.98	936.92
Change (%)	-4.11%	-3.50%	-1.26%	-	+0.04%	+1.21%	+2.18%
Change	-37.71	-32.08	-11.57	-	+0.41	+11.08	+20.02
Level	Major	Intermediate	Minor	-	Intermediate	Major	Intermediate

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	853.02	860.90	867.86	875.74	882.70	890.58	897.54
Camarilla	870.74	872.10	873.46	874.82	876.18	877.54	878.90
Woodie	852.56	860.67	867.40	875.51	882.24	890.35	897.08
Fibonacci	860.90	866.57	870.07	875.74	881.41	884.91	890.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	791.15	829.83	856.20	894.88	921.25	959.93	986.30
Camarilla	864.67	870.63	876.60	882.56	888.52	894.49	900.45
Woodie	784.99	826.75	850.04	891.80	915.09	956.85	980.14
Fibonacci	829.83	854.68	870.03	894.88	919.73	935.08	959.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	821.79	847.15	879.01	904.37	936.23	961.59	993.45
Camarilla	895.14	900.38	905.63	910.87	916.12	921.36	926.61
Woodie	825.04	848.78	882.26	906.00	939.48	963.22	996.70
Fibonacci	847.15	869.01	882.51	904.37	926.23	939.73	961.59

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):	75.85
MACD (12,26,9):	6.6900
Directional Movement:	28.48
AROON (14):	71.43
DEMA (21):	897.61
Parabolic SAR (0,02-0,02-0,2):	880.34
Elder Ray (13):	16.00
Super Trend (3,10):	896.45
Zig ZAG (10):	912.38
VORTEX (21):	1.2900
Stochastique (14,3,5):	98.57
TEMA (21):	906.32
Williams %R (14):	-0.11
Chande Momentum Oscillator (20):	39.66
Repulse (5,40,3):	1.4400
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	5.05

MA7:	889.89
MA20:	898.43
MA50:	898.54
MA100:	869.38
MAexp7:	902.41
MAexp20:	890.99
MAexp50:	889.55
MAexp100:	893.26
Price / MA7:	+3.04%
Price / MA20:	+2.06%
Price / MA50:	+2.04%
Price / MA100:	+5.47%
Price / MAexp7:	+1.61%
Price / MAexp20:	+2.91%
Price / MAexp50:	+3.07%
Price / MAexp100:	+2.65%

Quotes : - 15 min delayed data - STOXX Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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