S&P EUROPE 350 INFO TECH SECTOR

SPE350-45

- EUR (-)

- End-of-day data - S&P Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SPE350-45
ISIN:	SPE350-45

S&P EUROPE 350 INFO TECH SECTOR - Daily - Technical analysis published on 01/05/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

50%

22%

28%

My opinion

Neutral between 2,388.67 EUR and 2,623.02 EUR

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 2,623.02 EUR. The first support is located at 2,388.67 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

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 S&P EUROPE 350 INFO TECH SECTOR rating is 2,527.34 EUR. The price has increased by +2.38% since the last closing with the lowest point at 2,459.65 EUR and the highest point at 2,543.04 EUR. The deviation from the price is +2.75% for the low point and -0.62% for the high point.

2,459.65

2,543.04

2,527.34

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

Here is a more detailed summary of the historical variations registered by S&P EUROPE 350 INFO TECH SECTOR:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this S&P EUROPE 350 INFO TECH SECTOR chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,312.13	2,388.67	2,515.52	2,527.34	2,623.02	2,753.66	3,006.76
Change (%)	-8.52%	-5.49%	-0.47%	-	+3.79%	+8.95%	+18.97%
Change	-215.21	-138.67	-11.82	-	+95.68	+226.32	+479.42
Level	Minor	Intermediate	Major	-	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	2,502.07	2,509.98	2,517.26	2,525.17	2,532.45	2,540.36	2,547.64
Camarilla	2,520.37	2,521.77	2,523.16	2,524.55	2,525.94	2,527.34	2,528.73
Woodie	2,501.77	2,509.82	2,516.96	2,525.01	2,532.15	2,540.20	2,547.34
Fibonacci	2,509.98	2,515.78	2,519.36	2,525.17	2,530.97	2,534.55	2,540.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,312.94	2,355.19	2,382.53	2,424.78	2,452.12	2,494.37	2,521.71
Camarilla	2,390.74	2,397.12	2,403.50	2,409.88	2,416.26	2,422.64	2,429.02
Woodie	2,305.50	2,351.46	2,375.09	2,421.05	2,444.68	2,490.64	2,514.27
Fibonacci	2,355.19	2,381.77	2,398.19	2,424.78	2,451.36	2,467.78	2,494.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,890.16	2,143.79	2,276.84	2,530.47	2,663.52	2,917.15	3,050.20
Camarilla	2,303.54	2,338.99	2,374.43	2,409.88	2,445.33	2,480.77	2,516.22
Woodie	1,829.86	2,113.65	2,216.54	2,500.33	2,603.22	2,887.01	2,989.90
Fibonacci	2,143.79	2,291.51	2,382.76	2,530.47	2,678.19	2,769.44	2,917.15

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):	50.25
MACD (12,26,9):	-36.6700
Directional Movement:	2.52
AROON (14):	-71.43
DEMA (21):	2,471.81
Parabolic SAR (0,02-0,02-0,2):	2,399.76
Elder Ray (13):	10.50
Super Trend (3,10):	2,593.73
Zig ZAG (10):	2,527.34
VORTEX (21):	0.8300
Stochastique (14,3,5):	25.47
TEMA (21):	2,424.50
Williams %R (14):	-58.46
Chande Momentum Oscillator (20):	5.56
Repulse (5,40,3):	3.1800
ROCnROLL:	1
TRIX (15,9):	-0.1900
Courbe Coppock:	13.71

MA7:	2,450.23
MA20:	2,533.39
MA50:	2,557.19
MA100:	2,473.53
MAexp7:	2,473.54
MAexp20:	2,513.27
MAexp50:	2,524.13
MAexp100:	2,518.90
Price / MA7:	+3.15%
Price / MA20:	-0.24%
Price / MA50:	-1.17%
Price / MA100:	+2.18%
Price / MAexp7:	+2.18%
Price / MAexp20:	+0.56%
Price / MAexp50:	+0.13%
Price / MAexp100:	+0.34%

Quotes : - End-of-day data - S&P Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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