TECH ALL SHARE PERF INDEX
NMDP
- EUR (-)
- 15 min delayed data - Germany Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: NMDP
ISIN: DE0008468943

TECH ALL SHARE PERF INDEX - 1H - Technical analysis published on 04/24/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3,977.54 EUR
My targets
4,040.65 EUR (+0.39%)
4,074.56 EUR (+1.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TECH ALL SHARE PERF INDEX as long as the price remains well above 3,977.54 EUR. The buyers' bullish objective is set at 4,040.65 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,074.56 EUR. If there is any crossing, the next objective would be the resistance located at 4,165.30 EUR.

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
6.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

TECH ALL SHARE PERF INDEX rating 4,024.87 EUR. The price registered an increase of +1.50% on the session and was traded between 3,964.05 EUR and 4,033.31 EUR over the period. The price is currently at +1.53% from its lowest and -0.21% from its highest.

3,964.05
4,033.31
4,024.87

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 TECH ALL SHARE PERF INDEX indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

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:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3,964.80 3,977.54 4,023.68 4,024.87 4,040.65 4,074.56 4,165.30
Change (%) -1.49% -1.18% -0.03% - +0.39% +1.23% +3.49%
Change -60.07 -47.33 -1.19 - +15.78 +49.69 +140.43
Level Minor Minor Minor - Intermediate Major 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
Standard3,905.053,918.153,941.813,954.913,978.573,991.674,015.33
Camarilla3,955.363,958.733,962.103,965.473,968.843,972.213,975.58
Woodie3,910.333,920.793,947.093,957.553,983.853,994.314,020.61
Fibonacci3,918.153,932.193,940.873,954.913,968.953,977.633,991.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,757.983,844.623,905.043,991.684,052.104,138.744,199.16
Camarilla3,925.033,938.513,951.993,965.473,978.953,992.434,005.91
Woodie3,744.883,838.073,891.943,985.134,039.004,132.194,186.06
Fibonacci3,844.623,900.793,935.503,991.684,047.854,082.564,138.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,663.783,773.603,922.214,032.034,180.644,290.464,439.07
Camarilla3,999.744,023.434,047.124,070.814,094.504,118.194,141.88
Woodie3,683.173,783.303,941.604,041.734,200.034,300.164,458.46
Fibonacci3,773.603,872.323,933.314,032.034,130.754,191.744,290.46

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): 70.04
MACD (12,26,9): 10.2900
Directional Movement: 28.37
AROON (14): 71.43
DEMA (21): 3,999.18
Parabolic SAR (0,02-0,02-0,2): 3,975.01
Elder Ray (13): 31.01
Super Trend (3,10): 3,996.47
Zig ZAG (10): 4,028.66
VORTEX (21): 1.3100
Stochastique (14,3,5): 97.78
TEMA (21): 4,018.87
Williams %R (14): -4.71
Chande Momentum Oscillator (20): 93.88
Repulse (5,40,3): 0.4100
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 3.36
MA7: 4,009.29
MA20: 4,007.48
MA50: 4,031.42
MA100: 3,977.43
MAexp7: 4,013.59
MAexp20: 3,992.41
MAexp50: 3,996.09
MAexp100: 4,003.73
Price / MA7: +0.39%
Price / MA20: +0.43%
Price / MA50: -0.16%
Price / MA100: +1.19%
Price / MAexp7: +0.28%
Price / MAexp20: +0.81%
Price / MAexp50: +0.72%
Price / MAexp100: +0.53%

Quotes : - 15 min delayed data - Germany Indices

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

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