STXE 600 OIL&GAS EUR (PRICE) - Daily - Technical analysis published on 12/19/2022 (GMT)
- 125
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
17%
72%
11%
My opinion
Neutral between 334.08 EUR and 350.89 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on STXE 600 OIL&GAS EUR (PRICE). It is difficult to advise a trading direction under these conditions. The first resistance is located at 350.89 EUR. The first support is located at 334.08 EUR. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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 OIL&GAS EUR (PRICE) rating 342.97 EUR. On the day, this instrument gained +2.21% with the lowest point at 336.85 EUR and the highest point at 342.97 EUR. The deviation from the price is +1.82% for the low point and 0% for the high point.336.85
342.97
342.97
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of STXE 600 OIL&GAS EUR (PRICE) indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 302.15 | 327.91 | 334.08 | 342.97 | 343.89 | 350.89 | 363.38 |
| Change (%) | -11.90% | -4.39% | -2.59% | - | +0.27% | +2.31% | +5.95% |
| Change | -40.82 | -15.06 | -8.89 | - | +0.92 | +7.92 | +20.41 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 324.32 | 329.74 | 332.65 | 338.07 | 340.98 | 346.40 | 349.31 |
| Camarilla | 333.26 | 334.02 | 334.79 | 335.55 | 336.31 | 337.08 | 337.84 |
| Woodie | 323.06 | 329.11 | 331.39 | 337.44 | 339.72 | 345.77 | 348.05 |
| Fibonacci | 329.74 | 332.93 | 334.89 | 338.07 | 341.26 | 343.22 | 346.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 311.49 | 323.33 | 329.44 | 341.28 | 347.39 | 359.23 | 365.34 |
| Camarilla | 330.61 | 332.26 | 333.91 | 335.55 | 337.20 | 338.84 | 340.49 |
| Woodie | 308.63 | 321.90 | 326.58 | 339.85 | 344.53 | 357.80 | 362.48 |
| Fibonacci | 323.33 | 330.19 | 334.42 | 341.28 | 348.14 | 352.37 | 359.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 313.91 | 323.81 | 342.77 | 352.67 | 371.63 | 381.53 | 400.49 |
| Camarilla | 353.78 | 356.43 | 359.08 | 361.72 | 364.37 | 367.01 | 369.66 |
| Woodie | 318.43 | 326.08 | 347.29 | 354.94 | 376.15 | 383.80 | 405.01 |
| Fibonacci | 323.81 | 334.84 | 341.65 | 352.67 | 363.70 | 370.51 | 381.53 |
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): | 39.49 | |
| MACD (12,26,9): | -0.2700 | |
| Directional Movement: | -9.89 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 347.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 357.77 | |
| Elder Ray (13): | -6.88 | |
| Super Trend (3,10): | 360.24 | |
| Zig ZAG (10): | 335.55 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 16.88 | |
| TEMA (21): | 343.83 | |
| Williams %R (14): | -98.61 | |
| Chande Momentum Oscillator (20): | -26.17 | |
| Repulse (5,40,3): | -4.2600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.99 |
| MA7: | 344.45 | |
| MA20: | 349.06 | |
| MA50: | 341.75 | |
| MA100: | 334.76 | |
| MAexp7: | 344.03 | |
| MAexp20: | 346.72 | |
| MAexp50: | 342.52 | |
| MAexp100: | 336.01 | |
| Price / MA7: | -0.43% | |
| Price / MA20: | -1.74% | |
| Price / MA50: | +0.36% | |
| Price / MA100: | +2.45% | |
| Price / MAexp7: | -0.31% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +2.07% |
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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