STXE 600 FD&BVR EUR (PRICE)

SX3P

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX3P
ISIN:	EU0009658749

STXE 600 FD&BVR EUR (PRICE) - 1H - Technical analysis published on 05/08/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 711.84 EUR

My targets

719.69 EUR (+0.77%)

739.17 EUR (+3.50%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STXE 600 FD&BVR EUR (PRICE) as long as the price remains well above 711.84 EUR. The buyers' bullish objective is set at 719.69 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 739.17 EUR. If there is any crossing, the next objective would be the resistance located at 756.64 EUR.

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

7.7

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

STXE 600 FD&BVR EUR (PRICE) rating 714.19 EUR. The price has increased by +1.37% since the last closing with the lowest point at 708.01 EUR and the highest point at 714.82 EUR. The deviation from the price is +0.87% for the low point and -0.09% for the high point.

708.01

714.82

714.19

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

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

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this STXE 600 FD&BVR EUR (PRICE) chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by 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, 17 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

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

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

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Upside gap

Type : Bullish

Timeframe : 1 hour

White marubozu

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	702.94	708.04	711.84	714.19	719.69	739.17	756.64
Change (%)	-1.58%	-0.86%	-0.33%	-	+0.77%	+3.50%	+5.94%
Change	-11.25	-6.15	-2.35	-	+5.50	+24.98	+42.45
Level	Major	Minor	Intermediate	-	Intermediate	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	692.02	694.53	699.55	702.06	707.08	709.59	714.61
Camarilla	702.50	703.19	703.88	704.57	705.26	705.95	706.64
Woodie	693.28	695.16	700.81	702.69	708.34	710.22	715.87
Fibonacci	694.53	697.41	699.18	702.06	704.94	706.71	709.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	683.50	690.46	694.12	701.08	704.74	711.70	715.36
Camarilla	694.86	695.83	696.81	697.78	698.75	699.73	700.70
Woodie	681.85	689.64	692.47	700.26	703.09	710.88	713.71
Fibonacci	690.46	694.52	697.02	701.08	705.14	707.64	711.70

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	655.02	670.84	686.71	702.53	718.40	734.22	750.09
Camarilla	693.88	696.78	699.69	702.59	705.50	708.40	711.31
Woodie	655.06	670.85	686.75	702.54	718.44	734.23	750.13
Fibonacci	670.84	682.94	690.42	702.53	714.63	722.11	734.22

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):	78.83
MACD (12,26,9):	1.4700
Directional Movement:	42.69
AROON (14):	71.43
DEMA (21):	703.48
Parabolic SAR (0,02-0,02-0,2):	696.97
Elder Ray (13):	8.27
Super Trend (3,10):	703.32
Zig ZAG (10):	714.06
VORTEX (21):	1.0500
Stochastique (14,3,5):	95.87
TEMA (21):	705.30
Williams %R (14):	-0.85
Chande Momentum Oscillator (20):	17.27
Repulse (5,40,3):	1.5200
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.22

MA7:	702.45
MA20:	700.51
MA50:	705.58
MA100:	714.28
MAexp7:	705.12
MAexp20:	702.07
MAexp50:	701.55
MAexp100:	701.70
Price / MA7:	+1.67%
Price / MA20:	+1.95%
Price / MA50:	+1.22%
Price / MA100:	-0.01%
Price / MAexp7:	+1.29%
Price / MAexp20:	+1.73%
Price / MAexp50:	+1.80%
Price / MAexp100:	+1.78%

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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