STXE 600 TECH EUR (PRICE)

SX8P

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX8P
ISIN:	EU0009658921

STXE 600 TECH EUR (PRICE) - 1H - Technical analysis published on 05/10/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 665.99 EUR

My targets

683.20 EUR (+1.61%)

687.48 EUR (+2.25%)

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 TECH EUR (PRICE) as long as the price remains well above 665.99 EUR. The buyers' bullish objective is set at 683.20 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 687.48 EUR. If there is any crossing, the next objective would be the resistance located at 701.68 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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 STXE 600 TECH EUR (PRICE) rating is 672.36 EUR. On the day, this instrument gained +1.24% with the lowest point at 661.71 EUR and the highest point at 673.84 EUR. The deviation from the price is +1.61% for the low point and -0.22% for the high point.

661.71

673.84

672.36

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 STXE 600 TECH EUR (PRICE) in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

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 1

Type : Neutral

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	658.73	665.99	672.35	672.36	683.20	687.48	701.68
Change (%)	-2.03%	-0.95%	+0.00%	-	+1.61%	+2.25%	+4.36%
Change	-13.63	-6.37	-0.01	-	+10.84	+15.12	+29.32
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	651.06	656.85	660.49	666.28	669.92	675.71	679.35
Camarilla	661.55	662.41	663.28	664.14	665.00	665.87	666.73
Woodie	650.00	656.31	659.43	665.74	668.86	675.17	678.29
Fibonacci	656.85	660.45	662.67	666.28	669.88	672.10	675.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	639.49	646.54	658.30	665.35	677.11	684.16	695.92
Camarilla	664.89	666.61	668.34	670.06	671.78	673.51	675.23
Woodie	641.85	647.72	660.66	666.53	679.47	685.34	698.28
Fibonacci	646.54	653.73	658.17	665.35	672.54	676.98	684.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	590.08	617.71	641.23	668.86	692.38	720.01	743.53
Camarilla	650.68	655.37	660.06	664.75	669.44	674.13	678.82
Woodie	588.03	616.68	639.18	667.83	690.33	718.98	741.48
Fibonacci	617.71	637.25	649.32	668.86	688.40	700.47	720.01

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):	64.38
MACD (12,26,9):	0.4300
Directional Movement:	21.07
AROON (14):	35.71
DEMA (21):	667.51
Parabolic SAR (0,02-0,02-0,2):	662.22
Elder Ray (13):	4.69
Super Trend (3,10):	664.59
Zig ZAG (10):	672.67
VORTEX (21):	0.9900
Stochastique (14,3,5):	78.82
TEMA (21):	667.54
Williams %R (14):	-2.84
Chande Momentum Oscillator (20):	7.71
Repulse (5,40,3):	1.0700
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.54

MA7:	667.31
MA20:	667.76
MA50:	667.68
MA100:	657.26
MAexp7:	668.41
MAexp20:	667.18
MAexp50:	666.27
MAexp100:	666.09
Price / MA7:	+0.76%
Price / MA20:	+0.69%
Price / MA50:	+0.70%
Price / MA100:	+2.30%
Price / MAexp7:	+0.59%
Price / MAexp20:	+0.78%
Price / MAexp50:	+0.91%
Price / MAexp100:	+0.94%

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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