LC 100 EUROPE

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	LC100
ISIN:	QS0011131735

LC 100 EUROPE - Daily - Technical analysis published on 10/19/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

33%

My opinion

Bearish under 133.10 EUR

My targets

126.03 EUR (-2.40%)

123.56 EUR (-4.31%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LC 100 EUROPE. As long as you are under the resistance located at 133.10 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 126.03 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 123.56 EUR as an objective. Crossing it would then enable sellers to target 117.86 EUR. If the resistance 133.10 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.1

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

LC 100 EUROPE rating 129.13 EUR. On the day, this instrument lost -0.11% and was between 128.65 EUR and 129.72 EUR. This implies that the price is at +0.37% from its lowest and at -0.45% from its highest.

128.65

129.72

129.13

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LC 100 EUROPE:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of LC 100 EUROPE indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	123.56	126.03	129.01	129.13	133.10	137.12	140.88
Change (%)	-4.31%	-2.40%	-0.09%	-	+3.07%	+6.19%	+9.10%
Change	-5.57	-3.10	-0.12	-	+3.97	+7.99	+11.75
Level	Intermediate	Major	Intermediate	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	126.16	127.29	128.28	129.41	130.40	131.53	132.52
Camarilla	128.69	128.88	129.08	129.27	129.46	129.66	129.85
Woodie	126.09	127.26	128.21	129.38	130.33	131.50	132.45
Fibonacci	127.29	128.10	128.60	129.41	130.22	130.72	131.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	116.86	119.61	123.05	125.80	129.24	131.99	135.43
Camarilla	124.79	125.36	125.92	126.49	127.06	127.63	128.19
Woodie	117.21	119.78	123.40	125.97	129.59	132.16	135.78
Fibonacci	119.61	121.98	123.44	125.80	128.17	129.63	131.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.83	113.28	119.18	128.63	134.53	143.98	149.88
Camarilla	120.86	122.27	123.67	125.08	126.49	127.89	129.30
Woodie	102.06	112.39	117.41	127.74	132.76	143.09	148.11
Fibonacci	113.28	119.14	122.77	128.63	134.49	138.12	143.98

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	52.51
MACD (12,26,9):	-0.9900
Directional Movement:	-1.76
AROON (14):	21.43
DEMA (21):	126.06
Parabolic SAR (0,02-0,02-0,2):	122.52
Elder Ray (13):	1.76
Super Trend (3,10):	130.85
Zig ZAG (10):	129.18
VORTEX (21):	0.9700
Stochastique (14,3,5):	84.10
TEMA (21):	126.99
Williams %R (14):	-16.75
Chande Momentum Oscillator (20):	3.49
Repulse (5,40,3):	1.1000
ROCnROLL:	-1
TRIX (15,9):	-0.2100
Courbe Coppock:	2.28

MA7:	127.02
MA20:	126.43
MA50:	132.20
MA100:	134.25
MAexp7:	127.75
MAexp20:	127.81
MAexp50:	130.77
MAexp100:	134.18
Price / MA7:	+1.66%
Price / MA20:	+2.14%
Price / MA50:	-2.32%
Price / MA100:	-3.81%
Price / MAexp7:	+1.08%
Price / MAexp20:	+1.03%
Price / MAexp50:	-1.25%
Price / MAexp100:	-3.76%

Quotes : - 15 min delayed data - Euronext 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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