FTSE EURO TOP 100

E100

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	E100
ISIN:	NL0000245710

FTSE EURO TOP 100 - Daily - Technical analysis published on 07/21/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

17%

My opinion

Bullish above 3,202.95 EUR

My targets

3,309.06 EUR (+2.03%)

3,398.79 EUR (+4.79%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for FTSE EURO TOP 100 as long as the price remains well above 3,202.95 EUR. The buyers' bullish objective is set at 3,309.06 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,398.79 EUR. If there is any crossing, the next objective would be the resistance located at 3,490.78 EUR.

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

3.8

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

The FTSE EURO TOP 100 price is 3,243.32 EUR. The price registered a decrease of -0.02% on the session and was traded between 3,218.88 EUR and 3,247.12 EUR over the period. The price is currently at +0.76% from its lowest and -0.12% from its highest.

3,218.88

3,247.12

3,243.32

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

A technical analysis in Daily of this FTSE EURO TOP 100 chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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	2,804.58	3,070.69	3,202.95	3,243.32	3,309.06	3,398.79	3,490.78
Change (%)	-13.53%	-5.32%	-1.24%	-	+2.03%	+4.79%	+7.63%
Change	-438.74	-172.63	-40.37	-	+65.74	+155.47	+247.46
Level	Major	Major	Intermediate	-	Major	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,187.53	3,209.74	3,226.89	3,249.10	3,266.25	3,288.46	3,305.61
Camarilla	3,233.21	3,236.81	3,240.42	3,244.03	3,247.64	3,251.25	3,254.85
Woodie	3,184.99	3,208.48	3,224.35	3,247.84	3,263.71	3,287.20	3,303.07
Fibonacci	3,209.74	3,224.78	3,234.07	3,249.10	3,264.14	3,273.43	3,288.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,029.32	3,069.86	3,127.30	3,167.84	3,225.28	3,265.82	3,323.26
Camarilla	3,157.80	3,166.78	3,175.76	3,184.74	3,193.72	3,202.70	3,211.69
Woodie	3,037.77	3,074.09	3,135.75	3,172.07	3,233.73	3,270.05	3,331.71
Fibonacci	3,069.86	3,107.29	3,130.41	3,167.84	3,205.27	3,228.39	3,265.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,669.74	2,866.92	3,001.54	3,198.72	3,333.34	3,530.52	3,665.14
Camarilla	3,044.91	3,075.32	3,105.74	3,136.15	3,166.57	3,196.98	3,227.40
Woodie	2,638.45	2,851.28	2,970.25	3,183.08	3,302.05	3,514.88	3,633.85
Fibonacci	2,866.92	2,993.67	3,071.98	3,198.72	3,325.47	3,403.78	3,530.52

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):	54.30
MACD (12,26,9):	4.6600
Directional Movement:	-0.39
AROON (14):	78.57
DEMA (21):	3,191.10
Parabolic SAR (0,02-0,02-0,2):	3,118.30
Elder Ray (13):	33.39
Super Trend (3,10):	3,085.14
Zig ZAG (10):	3,235.01
VORTEX (21):	1.1200
Stochastique (14,3,5):	88.24
TEMA (21):	3,222.64
Williams %R (14):	-17.66
Chande Momentum Oscillator (20):	155.67
Repulse (5,40,3):	1.3900
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	4.34

MA7:	3,205.06
MA20:	3,179.59
MA50:	3,228.23
MA100:	3,298.39
MAexp7:	3,218.77
MAexp20:	3,194.78
MAexp50:	3,226.19
MAexp100:	3,283.58
Price / MA7:	+1.19%
Price / MA20:	+2.00%
Price / MA50:	+0.47%
Price / MA100:	-1.67%
Price / MAexp7:	+0.76%
Price / MAexp20:	+1.52%
Price / MAexp50:	+0.53%
Price / MAexp100:	-1.23%

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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