PRT NL INDEX - 1H - Technical analysis published on 08/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
22%
61%
My opinion
Bullish above 902.34 EUR
My targets
911.12 EUR (+0.32%)
921.43 EUR (+1.45%)
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 PRT NL INDEX. As long as you are above the support located at 902.34 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 911.12 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 921.43 EUR as an objective. Crossing it would then enable buyers to target 944.91 EUR. If the support 902.34 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
The PRT NL INDEX rating is 908.22 EUR. On the day, this instrument lost -0.02% and was between 906.27 EUR and 909.39 EUR. This implies that the price is at +0.22% from its lowest and at -0.13% from its highest.906.27
909.39
908.22
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of PRT NL INDEX indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
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 | 859.75 | 886.47 | 902.34 | 908.22 | 911.12 | 921.43 | 944.91 |
Change (%) | -5.34% | -2.39% | -0.65% | - | +0.32% | +1.45% | +4.04% |
Change | -48.47 | -21.75 | -5.88 | - | +2.90 | +13.21 | +36.69 |
Level | Major | Intermediate | Intermediate | - | 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 |
---|---|---|---|---|---|---|---|
Standard | 898.93 | 902.89 | 905.62 | 909.58 | 912.31 | 916.27 | 919.00 |
Camarilla | 906.52 | 907.13 | 907.75 | 908.36 | 908.97 | 909.59 | 910.20 |
Woodie | 898.33 | 902.58 | 905.02 | 909.27 | 911.71 | 915.96 | 918.40 |
Fibonacci | 902.89 | 905.44 | 907.02 | 909.58 | 912.13 | 913.71 | 916.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 863.01 | 872.94 | 889.31 | 899.24 | 915.61 | 925.54 | 941.91 |
Camarilla | 898.44 | 900.85 | 903.26 | 905.67 | 908.08 | 910.49 | 912.90 |
Woodie | 866.22 | 874.55 | 892.52 | 900.85 | 918.82 | 927.15 | 945.12 |
Fibonacci | 872.94 | 882.99 | 889.20 | 899.24 | 909.29 | 915.50 | 925.54 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 832.14 | 861.25 | 890.93 | 920.04 | 949.72 | 978.83 | 1,008.51 |
Camarilla | 904.45 | 909.84 | 915.23 | 920.62 | 926.01 | 931.40 | 936.79 |
Woodie | 832.44 | 861.39 | 891.23 | 920.18 | 950.02 | 978.97 | 1,008.81 |
Fibonacci | 861.25 | 883.70 | 897.58 | 920.04 | 942.49 | 956.37 | 978.83 |
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): | 51.20 | |
MACD (12,26,9): | 0.7200 | |
Directional Movement: | -0.09 | |
AROON (14): | -50.00 | |
DEMA (21): | 909.88 | |
Parabolic SAR (0,02-0,02-0,2): | 912.08 | |
Elder Ray (13): | -0.44 | |
Super Trend (3,10): | 906.58 | |
Zig ZAG (10): | 908.53 | |
VORTEX (21): | 1.1100 | |
Stochastique (14,3,5): | 37.42 | |
TEMA (21): | 909.12 | |
Williams %R (14): | -69.17 | |
Chande Momentum Oscillator (20): | -3.37 | |
Repulse (5,40,3): | 0.0200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0200 | |
Courbe Coppock: | 0.13 |
MA7: | 906.86 | |
MA20: | 895.63 | |
MA50: | 913.11 | |
MA100: | 905.73 | |
MAexp7: | 908.98 | |
MAexp20: | 908.71 | |
MAexp50: | 905.74 | |
MAexp100: | 901.47 | |
Price / MA7: | +0.15% | |
Price / MA20: | +1.41% | |
Price / MA50: | -0.54% | |
Price / MA100: | +0.27% | |
Price / MAexp7: | -0.08% | |
Price / MAexp20: | -0.05% | |
Price / MAexp50: | +0.27% | |
Price / MAexp100: | +0.75% |
Quotes :
-
15 min delayed data
-
Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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