STXE 600 FIN SVCS EUR (PRICE) - 1H - Technical analysis published on 05/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 741.02 EUR
My targets
750.75 EUR (+0.79%)
758.88 EUR (+1.88%)
My analysis
STXE 600 FIN SVCS EUR (PRICE) 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 741.02 EUR. The next resistance located at 750.75 EUR is the next bullish objective 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 758.88 EUR. After this resistance, buyers could then target 772.36 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.8
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Additional analysis
Quotes
The STXE 600 FIN SVCS EUR (PRICE) rating is 744.86 EUR. On the day, this instrument gained +2.51% and was traded between 729.85 EUR and 744.93 EUR over the period. The price is currently at +2.06% from its lowest and -0.01% from its highest.729.85
744.93
744.86
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
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:
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 STXE 600 FIN SVCS EUR (PRICE) indicates that the overall trend is strongly bullish. 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 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, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 725.82 | 729.80 | 741.02 | 744.86 | 745.97 | 750.75 | 758.88 |
| Change (%) | -2.56% | -2.02% | -0.52% | - | +0.15% | +0.79% | +1.88% |
| Change | -19.04 | -15.06 | -3.84 | - | +1.11 | +5.89 | +14.02 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | 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 | 717.92 | 720.10 | 723.36 | 725.54 | 728.80 | 730.98 | 734.24 |
| Camarilla | 725.13 | 725.63 | 726.13 | 726.63 | 727.13 | 727.63 | 728.13 |
| Woodie | 718.47 | 720.37 | 723.91 | 725.81 | 729.35 | 731.25 | 734.79 |
| Fibonacci | 720.10 | 722.18 | 723.46 | 725.54 | 727.62 | 728.90 | 730.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 693.03 | 700.22 | 711.28 | 718.47 | 729.53 | 736.72 | 747.78 |
| Camarilla | 717.32 | 718.99 | 720.67 | 722.34 | 724.01 | 725.69 | 727.36 |
| Woodie | 694.97 | 701.19 | 713.22 | 719.44 | 731.47 | 737.69 | 749.72 |
| Fibonacci | 700.22 | 707.19 | 711.50 | 718.47 | 725.44 | 729.75 | 736.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 632.39 | 666.90 | 688.48 | 722.99 | 744.57 | 779.08 | 800.66 |
| Camarilla | 694.65 | 699.79 | 704.93 | 710.07 | 715.21 | 720.35 | 725.50 |
| Woodie | 625.94 | 663.67 | 682.03 | 719.76 | 738.12 | 775.85 | 794.21 |
| Fibonacci | 666.90 | 688.32 | 701.56 | 722.99 | 744.41 | 757.65 | 779.08 |
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): | 88.78 | |
| MACD (12,26,9): | 6.1200 | |
| Directional Movement: | 53.77 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 734.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 729.85 | |
| Elder Ray (13): | 12.20 | |
| Super Trend (3,10): | 734.10 | |
| Zig ZAG (10): | 744.59 | |
| VORTEX (21): | 1.4400 | |
| Stochastique (14,3,5): | 94.00 | |
| TEMA (21): | 738.96 | |
| Williams %R (14): | -0.93 | |
| Chande Momentum Oscillator (20): | 22.28 | |
| Repulse (5,40,3): | 1.3600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.97 |
| MA7: | 720.95 | |
| MA20: | 722.95 | |
| MA50: | 733.96 | |
| MA100: | 718.30 | |
| MAexp7: | 736.02 | |
| MAexp20: | 727.68 | |
| MAexp50: | 721.38 | |
| MAexp100: | 720.70 | |
| Price / MA7: | +3.32% | |
| Price / MA20: | +3.03% | |
| Price / MA50: | +1.49% | |
| Price / MA100: | +3.70% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | +2.36% | |
| Price / MAexp50: | +3.25% | |
| Price / MAexp100: | +3.35% |
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.
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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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