STXE 600 BANKS EUR (PRICE) - 1H - Technical analysis published on 01/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 155.40 EUR
My targets
162.96 EUR (+2.39%)
166.36 EUR (+4.52%)
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 BANKS EUR (PRICE) as long as the price remains well above 155.40 EUR. The buyers' bullish objective is set at 162.96 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 166.36 EUR. If there is any crossing, the next objective would be the resistance located at 227.10 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.8
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Additional analysis
Quotes
The STXE 600 BANKS EUR (PRICE) price is 159.16 EUR. On the day, this instrument lost -0.02% and was between 157.71 EUR and 159.17 EUR. This implies that the price is at +0.92% from its lowest and at -0.01% from its highest.157.71
159.17
159.16
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of STXE 600 BANKS EUR (PRICE) in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 148.84 | 151.99 | 155.40 | 159.16 | 159.41 | 166.36 | 227.10 |
| Change (%) | -6.48% | -4.50% | -2.36% | - | +0.16% | +4.52% | +42.69% |
| Change | -10.32 | -7.17 | -3.76 | - | +0.25 | +7.20 | +67.94 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
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 | 157.11 | 157.65 | 158.42 | 158.96 | 159.73 | 160.27 | 161.04 |
| Camarilla | 158.83 | 158.95 | 159.07 | 159.19 | 159.31 | 159.43 | 159.55 |
| Woodie | 157.23 | 157.71 | 158.54 | 159.02 | 159.85 | 160.33 | 161.16 |
| Fibonacci | 157.65 | 158.15 | 158.46 | 158.96 | 159.46 | 159.77 | 160.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 150.38 | 152.26 | 155.73 | 157.61 | 161.08 | 162.96 | 166.43 |
| Camarilla | 157.72 | 158.21 | 158.70 | 159.19 | 159.68 | 160.17 | 160.66 |
| Woodie | 151.17 | 152.66 | 156.52 | 158.01 | 161.87 | 163.36 | 167.22 |
| Fibonacci | 152.26 | 154.31 | 155.57 | 157.61 | 159.66 | 160.92 | 162.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.99 | 132.04 | 136.23 | 139.28 | 143.47 | 146.52 | 150.71 |
| Camarilla | 138.42 | 139.08 | 139.75 | 140.41 | 141.07 | 141.74 | 142.40 |
| Woodie | 129.55 | 132.33 | 136.79 | 139.57 | 144.03 | 146.81 | 151.27 |
| Fibonacci | 132.04 | 134.81 | 136.52 | 139.28 | 142.05 | 143.76 | 146.52 |
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): | 65.05 | |
| MACD (12,26,9): | 0.5700 | |
| Directional Movement: | 4.76 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 159.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 159.30 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 157.75 | |
| Zig ZAG (10): | 158.93 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 62.76 | |
| TEMA (21): | 159.16 | |
| Williams %R (14): | -33.52 | |
| Chande Momentum Oscillator (20): | -0.26 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.51 |
| MA7: | 156.80 | |
| MA20: | 153.72 | |
| MA50: | 144.93 | |
| MA100: | 136.36 | |
| MAexp7: | 158.81 | |
| MAexp20: | 158.41 | |
| MAexp50: | 157.15 | |
| MAexp100: | 155.42 | |
| Price / MA7: | +1.51% | |
| Price / MA20: | +3.54% | |
| Price / MA50: | +9.82% | |
| Price / MA100: | +16.72% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.47% | |
| Price / MAexp50: | +1.28% | |
| Price / MAexp100: | +2.41% |
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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