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 02/09/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 1,089.06 EUR

My targets

My analysis

ESTX TECH EUR (PRICE) 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 1,089.06 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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 ESTX TECH EUR (PRICE) rating is 1,105.32 EUR. On the day, this instrument gained +1.43% with the lowest point at 1,088.75 EUR and the highest point at 1,105.32 EUR. The deviation from the price is +1.52% for the low point and 0% for the high point.

1,088.75

1,105.32

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

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ESTX TECH EUR (PRICE) in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	1,040.24	1,061.54	1,089.06	1,105.32
Change (%)	-5.89%	-3.96%	-1.47%	-
Change	-65.08	-43.78	-16.26	-
Level	Major	Intermediate	Minor	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,074.78	1,078.33	1,084.01	1,087.56	1,093.24	1,096.79	1,102.47
Camarilla	1,087.16	1,088.01	1,088.85	1,089.70	1,090.55	1,091.39	1,092.24
Woodie	1,075.86	1,078.86	1,085.09	1,088.09	1,094.32	1,097.32	1,103.55
Fibonacci	1,078.33	1,081.85	1,084.03	1,087.56	1,091.08	1,093.26	1,096.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,016.68	1,027.28	1,040.59	1,051.19	1,064.50	1,075.10	1,088.41
Camarilla	1,047.33	1,049.52	1,051.71	1,053.90	1,056.09	1,058.28	1,060.48
Woodie	1,018.04	1,027.96	1,041.95	1,051.87	1,065.86	1,075.78	1,089.77
Fibonacci	1,027.28	1,036.41	1,042.06	1,051.19	1,060.32	1,065.97	1,075.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	777.81	837.78	941.47	1,001.44	1,105.13	1,165.10	1,268.79
Camarilla	1,000.15	1,015.16	1,030.16	1,045.16	1,060.16	1,075.16	1,090.17
Woodie	799.67	848.71	963.33	1,012.37	1,126.99	1,176.03	1,290.65
Fibonacci	837.78	900.30	938.92	1,001.44	1,063.96	1,102.58	1,165.10

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):	81.80
MACD (12,26,9):	8.2000
Directional Movement:	29.53
AROON (14):	100.00
DEMA (21):	1,103.44
Parabolic SAR (0,02-0,02-0,2):	1,093.32
Elder Ray (13):	6.78
Super Trend (3,10):	1,092.13
Zig ZAG (10):	1,105.32
VORTEX (21):	1.3000
Stochastique (14,3,5):	95.52
TEMA (21):	1,105.43
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	19.48
Repulse (5,40,3):	0.7000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	3.15

MA7:	1,073.12
MA20:	1,021.64
MA50:	972.15
MA100:	905.51
MAexp7:	1,100.95
MAexp20:	1,092.70
MAexp50:	1,078.65
MAexp100:	1,058.07
Price / MA7:	+3.00%
Price / MA20:	+8.19%
Price / MA50:	+13.70%
Price / MA100:	+22.07%
Price / MAexp7:	+0.40%
Price / MAexp20:	+1.15%
Price / MAexp50:	+2.47%
Price / MAexp100:	+4.47%

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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