Londinia Opportunities Analyses - 05/06/2024 (GMT) CLASSIC ALL SH. TR - 1H

CLASSIC ALL SH. TR
- EUR (-)
- 15 min delayed data - Germany Indices
Type: Indices
Ticker: CLXP
ISIN: DE0007203341

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 9,203.92 EUR
My targets
9,352.79 EUR (+0.97%)
9,402.84 EUR (+1.51%)
My analysis
The bullish trend is currently very strong on CLASSIC ALL SH. TR. As long as the price remains above the support at 9,203.92 EUR, you could try to benefit from the boom. The first bullish objective is located at 9,352.79 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9,402.84 EUR as an objective. Crossing it would then enable buyers to target 9,460.97 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.6

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Additional analysis

Quotes

The CLASSIC ALL SH. TR price is 9,262.66 EUR. The price has increased by +0.46% since the last closing and was between 9,220.46 EUR and 9,263.27 EUR. This implies that the price is at +0.46% from its lowest and at -0.01% from its highest.

9,220.46
9,263.27
9,262.66

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


A technical analysis in 1H of this CLASSIC ALL SH. TR chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9,072.62 9,130.36 9,203.92 9,262.66 9,268.29 9,352.79 9,402.84
Change (%) -2.05% -1.43% -0.63% - +0.06% +0.97% +1.51%
Change -190.04 -132.30 -58.74 - +5.63 +90.13 +140.18
Level Minor Minor Major - Major Minor 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
Standard9,064.309,132.749,176.609,245.049,288.909,357.349,401.20
Camarilla9,189.589,199.879,210.179,220.469,230.759,241.059,251.34
Woodie9,052.019,126.609,164.319,238.909,276.619,351.209,388.91
Fibonacci9,132.749,175.649,202.149,245.049,287.949,314.449,357.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,966.439,054.459,137.459,225.479,308.479,396.499,479.49
Camarilla9,173.439,189.119,204.789,220.469,236.149,251.819,267.49
Woodie8,963.939,053.209,134.959,224.229,305.979,395.249,476.99
Fibonacci9,054.459,119.789,160.149,225.479,290.809,331.169,396.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,474.528,727.068,955.899,208.439,437.269,689.809,918.63
Camarilla9,052.349,096.479,140.599,184.729,228.859,272.979,317.10
Woodie8,462.678,721.138,944.049,202.509,425.419,683.879,906.78
Fibonacci8,727.068,910.949,024.559,208.439,392.319,505.929,689.80

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): 57.59
MACD (12,26,9): 14.1400
Directional Movement: 12.32
AROON (14): 50.00
DEMA (21): 9,251.18
Parabolic SAR (0,02-0,02-0,2): 9,309.80
Elder Ray (13): 17.52
Super Trend (3,10): 9,185.58
Zig ZAG (10): 9,260.97
VORTEX (21): 1.0600
Stochastique (14,3,5): 51.63
TEMA (21): 9,256.08
Williams %R (14): -37.38
Chande Momentum Oscillator (20): 55.84
Repulse (5,40,3): 0.2500
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.19
MA7: 9,190.74
MA20: 9,192.15
MA50: 9,069.63
MA100: 8,970.05
MAexp7: 9,248.85
MAexp20: 9,232.71
MAexp50: 9,210.97
MAexp100: 9,195.63
Price / MA7: +0.78%
Price / MA20: +0.77%
Price / MA50: +2.13%
Price / MA100: +3.26%
Price / MAexp7: +0.15%
Price / MAexp20: +0.32%
Price / MAexp50: +0.56%
Price / MAexp100: +0.73%

Quotes : - 15 min delayed data - Indices Allemagne