ESTX INDUS GD EUR (PRICE) - 1H - Technical analysis published on 11/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
0%
56%
My opinion
Bullish above 936.88 EUR
My targets
977.31 EUR (+2.48%)
1,002.12 EUR (+5.08%)
My analysis
The bullish trend is currently very strong on ESTX INDUS GD EUR (PRICE). As long as the price remains above the support at 936.88 EUR, you could try to benefit from the boom. The first bullish objective is located at 977.31 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,002.12 EUR as an objective. Crossing it would then enable buyers to target 1,045.97 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
7.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ESTX INDUS GD EUR (PRICE) price is 953.68 EUR. The price is lower by -0.05% since the last closing and was between 949.83 EUR and 958.13 EUR. This implies that the price is at +0.41% from its lowest and at -0.46% from its highest.949.83
958.13
953.68
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ESTX INDUS GD EUR (PRICE) chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 879.19 | 917.01 | 936.88 | 953.68 | 977.31 | 1,045.97 | 1,068.25 |
| Change (%) | -7.81% | -3.85% | -1.76% | - | +2.48% | +9.68% | +12.01% |
| Change | -74.49 | -36.67 | -16.80 | - | +23.63 | +92.29 | +114.57 |
| Level | Major | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 922.85 | 929.28 | 941.74 | 948.17 | 960.63 | 967.06 | 979.52 |
| Camarilla | 949.01 | 950.74 | 952.47 | 954.20 | 955.93 | 957.66 | 959.40 |
| Woodie | 925.87 | 930.79 | 944.76 | 949.68 | 963.65 | 968.57 | 982.54 |
| Fibonacci | 929.28 | 936.50 | 940.95 | 948.17 | 955.39 | 959.84 | 967.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 872.04 | 890.92 | 915.40 | 934.28 | 958.76 | 977.64 | 1,002.12 |
| Camarilla | 927.97 | 931.94 | 935.92 | 939.89 | 943.87 | 947.84 | 951.81 |
| Woodie | 874.85 | 892.32 | 918.21 | 935.68 | 961.57 | 979.04 | 1,004.93 |
| Fibonacci | 890.92 | 907.48 | 917.71 | 934.28 | 950.84 | 961.07 | 977.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 726.64 | 769.77 | 852.83 | 895.96 | 979.02 | 1,022.15 | 1,105.21 |
| Camarilla | 901.19 | 912.76 | 924.32 | 935.89 | 947.46 | 959.03 | 970.59 |
| Woodie | 746.61 | 779.75 | 872.80 | 905.94 | 998.99 | 1,032.13 | 1,125.18 |
| Fibonacci | 769.77 | 817.98 | 847.76 | 895.96 | 944.17 | 973.95 | 1,022.15 |
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): | 61.09 | |
| MACD (12,26,9): | 4.0200 | |
| Directional Movement: | 6.86 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 954.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 946.28 | |
| Elder Ray (13): | 1.55 | |
| Super Trend (3,10): | 943.17 | |
| Zig ZAG (10): | 952.96 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 69.67 | |
| TEMA (21): | 955.30 | |
| Williams %R (14): | -33.97 | |
| Chande Momentum Oscillator (20): | 9.21 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 2.12 |
| MA7: | 940.77 | |
| MA20: | 917.93 | |
| MA50: | 886.34 | |
| MA100: | 906.16 | |
| MAexp7: | 952.33 | |
| MAexp20: | 949.01 | |
| MAexp50: | 942.31 | |
| MAexp100: | 932.38 | |
| Price / MA7: | +1.37% | |
| Price / MA20: | +3.89% | |
| Price / MA50: | +7.60% | |
| Price / MA100: | +5.24% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +1.21% | |
| Price / MAexp100: | +2.28% |
Quotes :
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15 min delayed data
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STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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