STOXX600 PRICE EUR INDEX

SXXP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXXP
ISIN:	EU0009658202

STOXX600 PRICE EUR INDEX - 1H - Technical analysis published on 04/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 502.01 EUR

My targets

510.57 EUR (+0.55%)

512.67 EUR (+0.97%)

My analysis

STOXX600 PRICE EUR INDEX 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 502.01 EUR. The next resistance located at 510.57 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 512.67 EUR. After this resistance, buyers could then target 515.77 EUR.

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

6.1

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 STOXX600 PRICE EUR INDEX rating is 507.76 EUR. On the day, this instrument lost -0.01% and was between 507.49 EUR and 509.03 EUR. This implies that the price is at +0.05% from its lowest and at -0.25% from its highest.

507.49

509.03

507.76

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

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

Technical analysis of this 1H chart of STOXX600 PRICE EUR INDEX indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	498.46	502.01	507.69	507.76	510.57	512.67	515.77
Change (%)	-1.83%	-1.13%	-0.01%	-	+0.55%	+0.97%	+1.58%
Change	-9.30	-5.75	-0.07	-	+2.81	+4.91	+8.01
Level	Minor	Major	Intermediate	-	Major	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	499.37	501.13	504.46	506.22	509.55	511.31	514.64
Camarilla	506.39	506.86	507.32	507.79	508.26	508.72	509.19
Woodie	500.16	501.52	505.25	506.61	510.34	511.70	515.43
Fibonacci	501.13	503.07	504.28	506.22	508.16	509.37	511.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	478.32	486.82	493.05	501.55	507.78	516.28	522.51
Camarilla	495.24	496.59	497.94	499.29	500.64	501.99	503.34
Woodie	477.20	486.25	491.93	500.98	506.66	515.71	521.39
Fibonacci	486.82	492.44	495.92	501.55	507.17	510.65	516.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	482.26	488.67	500.67	507.08	519.08	525.49	537.49
Camarilla	507.61	509.30	510.98	512.67	514.36	516.05	517.73
Woodie	485.06	490.07	503.47	508.48	521.88	526.89	540.29
Fibonacci	488.67	495.70	500.05	507.08	514.11	518.46	525.49

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):	65.75
MACD (12,26,9):	1.8600
Directional Movement:	19.56
AROON (14):	64.29
DEMA (21):	508.74
Parabolic SAR (0,02-0,02-0,2):	509.03
Elder Ray (13):	0.58
Super Trend (3,10):	505.71
Zig ZAG (10):	507.74
VORTEX (21):	1.2800
Stochastique (14,3,5):	78.32
TEMA (21):	509.61
Williams %R (14):	-32.39
Chande Momentum Oscillator (20):	0.53
Repulse (5,40,3):	-0.1600
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.64

MA7:	501.96
MA20:	506.11
MA50:	501.70
MA100:	489.14
MAexp7:	507.99
MAexp20:	506.26
MAexp50:	504.14
MAexp100:	504.18
Price / MA7:	+1.16%
Price / MA20:	+0.33%
Price / MA50:	+1.21%
Price / MA100:	+3.81%
Price / MAexp7:	-0.05%
Price / MAexp20:	+0.30%
Price / MAexp50:	+0.72%
Price / MAexp100:	+0.71%

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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