ESTX TELECOM EUR (PRICE)

SXKE

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXKE
ISIN:	EU0009658566

ESTX TELECOM EUR (PRICE) - 1H - Technical analysis published on 04/19/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

89%

My opinion

Bullish above 275.86 EUR

My targets

279.47 EUR (+0.46%)

282.88 EUR (+1.68%)

My analysis

The strong short-term increase for ESTX TELECOM EUR (PRICE) reinforces the current slightly bullish trend. As long as the price remains above 275.86 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 279.47 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 282.88 EUR as an objective. Crossing it would then enable buyers to target 286.51 EUR. A return to 275.86 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

5.2

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 TELECOM EUR (PRICE) rating is 278.20 EUR. The price has increased by +1.05% since the last closing with the lowest point at 274.85 EUR and the highest point at 278.33 EUR. The deviation from the price is +1.22% for the low point and -0.05% for the high point.

274.85

278.33

278.20

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 LOW record (1 year)

Type : Bearish

Timeframe : Weekly

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 ESTX TELECOM EUR (PRICE) in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
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

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	270.62	273.38	275.86	278.20	279.47	282.88	286.51
Change (%)	-2.72%	-1.73%	-0.84%	-	+0.46%	+1.68%	+2.99%
Change	-7.58	-4.82	-2.34	-	+1.27	+4.68	+8.31
Level	Minor	Intermediate	Major	-	Minor	Minor	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	270.85	271.86	273.58	274.59	276.31	277.32	279.04
Camarilla	274.55	274.80	275.05	275.30	275.55	275.80	276.05
Woodie	271.21	272.04	273.94	274.77	276.67	277.50	279.40
Fibonacci	271.86	272.90	273.55	274.59	275.63	276.28	277.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	261.39	268.42	272.48	279.51	283.57	290.60	294.66
Camarilla	273.49	274.51	275.52	276.54	277.56	278.57	279.59
Woodie	259.91	267.68	271.00	278.77	282.09	289.86	293.18
Fibonacci	268.42	272.66	275.27	279.51	283.75	286.36	290.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	270.79	274.85	281.81	285.87	292.83	296.89	303.85
Camarilla	285.75	286.76	287.77	288.78	289.79	290.80	291.81
Woodie	272.25	275.58	283.27	286.60	294.29	297.62	305.31
Fibonacci	274.85	279.06	281.66	285.87	290.08	292.68	296.89

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):	70.41
MACD (12,26,9):	0.6400
Directional Movement:	19.12
AROON (14):	85.71
DEMA (21):	275.69
Parabolic SAR (0,02-0,02-0,2):	275.42
Elder Ray (13):	2.09
Super Trend (3,10):	274.52
Zig ZAG (10):	278.06
VORTEX (21):	1.3200
Stochastique (14,3,5):	92.87
TEMA (21):	276.87
Williams %R (14):	-5.26
Chande Momentum Oscillator (20):	3.10
Repulse (5,40,3):	0.9200
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	1.92

MA7:	275.14
MA20:	281.33
MA50:	282.29
MA100:	283.94
MAexp7:	276.40
MAexp20:	275.14
MAexp50:	275.71
MAexp100:	277.82
Price / MA7:	+1.11%
Price / MA20:	-1.11%
Price / MA50:	-1.45%
Price / MA100:	-2.02%
Price / MAexp7:	+0.65%
Price / MAexp20:	+1.11%
Price / MAexp50:	+0.90%
Price / MAexp100:	+0.14%

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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