Londinia Opportunities Analyses - 05/07/2024 (GMT) AEX ALL-TRADABLE - 1H

AEX ALL-TRADABLE
- EUR (-)
- 15 min delayed data - Euronext Indices
Type: Indices
Ticker: AEXAT
ISIN: NL0010614491

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
83%
6%
11%
My opinion
Bullish above 1,071.03 EUR
My targets
1,079.00 EUR (+0.40%)
1,091.11 EUR (+1.53%)
My analysis
The bullish trend is currently very strong on AEX ALL-TRADABLE. As long as the price remains above the support at 1,071.03 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,079.00 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,091.11 EUR as an objective. 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 AEX ALL-TRADABLE rating is 1,074.69 EUR. The price registered an increase of +0.65% on the session and was between 1,074.07 EUR and 1,074.72 EUR. This implies that the price is at +0.06% from its lowest and at +0.00% from its highest.

1,074.07
1,074.72
1,074.69

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


A technical analysis in 1H of this AEX ALL-TRADABLE 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1,065.19 1,071.03 1,074.57 1,074.69
Change (%) -0.88% -0.34% -0.01% -
Change -9.50 -3.66 -0.12 -
Level Major Minor Intermediate -



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
Standard1,058.991,061.961,064.861,067.831,070.731,073.701,076.60
Camarilla1,066.141,066.671,067.211,067.751,068.291,068.831,069.36
Woodie1,058.951,061.941,064.821,067.811,070.691,073.681,076.56
Fibonacci1,061.961,064.211,065.591,067.831,070.081,071.461,073.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,030.991,038.921,051.031,058.961,071.071,079.001,091.11
Camarilla1,057.631,059.471,061.301,063.141,064.981,066.811,068.65
Woodie1,033.081,039.971,053.121,060.011,073.161,080.051,093.20
Fibonacci1,038.921,046.581,051.311,058.961,066.621,071.351,079.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard986.911,008.691,031.021,052.801,075.131,096.911,119.24
Camarilla1,041.231,045.271,049.321,053.361,057.401,061.451,065.49
Woodie987.201,008.831,031.311,052.941,075.421,097.051,119.53
Fibonacci1,008.691,025.541,035.951,052.801,069.651,080.061,096.91

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): 74.19
MACD (12,26,9): 3.6500
Directional Movement: 29.37
AROON (14): 100.00
DEMA (21): 1,070.04
Parabolic SAR (0,02-0,02-0,2): 1,067.61
Elder Ray (13): 6.75
Super Trend (3,10): 1,066.19
Zig ZAG (10): 1,074.26
VORTEX (21): 1.1500
Stochastique (14,3,5): 83.42
TEMA (21): 1,071.86
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 9.14
Repulse (5,40,3): -0.0300
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 1.80
MA7: 1,061.11
MA20: 1,053.48
MA50: 1,043.27
MA100: 1,005.33
MAexp7: 1,069.48
MAexp20: 1,064.57
MAexp50: 1,060.56
MAexp100: 1,057.12
Price / MA7: +1.28%
Price / MA20: +2.01%
Price / MA50: +3.01%
Price / MA100: +6.90%
Price / MAexp7: +0.49%
Price / MAexp20: +0.95%
Price / MAexp50: +1.33%
Price / MAexp100: +1.66%

Quotes : - 15 min delayed data - Indices Euronext