LC 100 EUROPE - 1H - Technical analysis published on 08/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 139.64 EUR
My targets
138.91 EUR (-0.27%)
137.93 EUR (-0.97%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LC 100 EUROPE as long as the price remains well below 139.64 EUR. The next bearish objective for sellers is set at 138.91 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 137.93 EUR. If there is any crossing, the next objective would be the support located at 136.78 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.9
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Additional analysis
Quotes
The LC 100 EUROPE rating is 139.28 EUR. On the day, this instrument lost -0.01% and was between 139.04 EUR and 140.27 EUR. This implies that the price is at +0.17% from its lowest and at -0.71% from its highest.139.04
140.27
139.28
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LC 100 EUROPE:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LC 100 EUROPE indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 136.78 | 137.93 | 138.91 | 139.28 | 139.64 | 140.88 | 142.22 |
| Change (%) | -1.79% | -0.97% | -0.27% | - | +0.26% | +1.15% | +2.11% |
| Change | -2.50 | -1.35 | -0.37 | - | +0.36 | +1.60 | +2.94 |
| Level | Minor | Major | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.63 | 137.28 | 138.29 | 138.94 | 139.95 | 140.60 | 141.61 |
| Camarilla | 138.84 | 139.00 | 139.15 | 139.30 | 139.45 | 139.60 | 139.76 |
| Woodie | 136.81 | 137.37 | 138.47 | 139.03 | 140.13 | 140.69 | 141.79 |
| Fibonacci | 137.28 | 137.91 | 138.31 | 138.94 | 139.57 | 139.97 | 140.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 137.91 | 139.50 | 140.43 | 142.02 | 142.95 | 144.54 | 145.47 |
| Camarilla | 140.67 | 140.90 | 141.13 | 141.36 | 141.59 | 141.82 | 142.05 |
| Woodie | 137.58 | 139.34 | 140.10 | 141.86 | 142.62 | 144.38 | 145.14 |
| Fibonacci | 139.50 | 140.46 | 141.06 | 142.02 | 142.98 | 143.58 | 144.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 121.39 | 125.76 | 134.21 | 138.58 | 147.03 | 151.40 | 159.85 |
| Camarilla | 139.13 | 140.30 | 141.48 | 142.65 | 143.83 | 145.00 | 146.18 |
| Woodie | 123.42 | 126.78 | 136.24 | 139.60 | 149.06 | 152.42 | 161.88 |
| Fibonacci | 125.76 | 130.66 | 133.69 | 138.58 | 143.48 | 146.51 | 151.40 |
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): | 47.15 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -5.88 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 139.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 140.25 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 138.71 | |
| Zig ZAG (10): | 139.32 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 55.27 | |
| TEMA (21): | 139.32 | |
| Williams %R (14): | -41.88 | |
| Chande Momentum Oscillator (20): | 0.39 | |
| Repulse (5,40,3): | -0.2800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.78 |
| MA7: | 140.33 | |
| MA20: | 141.63 | |
| MA50: | 137.44 | |
| MA100: | 139.17 | |
| MAexp7: | 139.38 | |
| MAexp20: | 139.42 | |
| MAexp50: | 140.12 | |
| MAexp100: | 140.73 | |
| Price / MA7: | -0.75% | |
| Price / MA20: | -1.66% | |
| Price / MA50: | +1.34% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | -1.03% |
Quotes :
-
15 min delayed data
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Euronext 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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