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 - 1H - Technical analysis published on 03/22/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

50%

My opinion

Bullish above 3,990.53 EUR

My targets

4,041.96 EUR (+0.23%)

4,081.10 EUR (+1.20%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FTSE EURO TOP 100 as long as the price remains well above 3,990.53 EUR. The buyers' bullish objective is set at 4,041.96 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,081.10 EUR. If there is any crossing, the next objective would be the resistance located at 4,120.51 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

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 rating is 4,032.55 EUR. The price registered a decrease of -0.06% on the session and was traded between 4,017.31 EUR and 4,037.08 EUR over the period. The price is currently at +0.38% from its lowest and -0.11% from its highest.

4,017.31

4,037.08

4,032.55

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

Bullish opening

Type : Bullish

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 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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of FTSE EURO TOP 100 in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish 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, only 8 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	3,963.14	3,990.53	4,026.17	4,032.55	4,041.69
Change (%)	-1.72%	-1.04%	-0.16%	-	+0.23%
Change	-69.41	-42.02	-6.38	-	+9.14
Level	Minor	Major	Minor	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,976.23	3,989.53	4,012.22	4,025.52	4,048.21	4,061.51	4,084.20
Camarilla	4,025.02	4,028.32	4,031.62	4,034.92	4,038.22	4,041.52	4,044.82
Woodie	3,980.94	3,991.88	4,016.93	4,027.87	4,052.92	4,063.86	4,088.91
Fibonacci	3,989.53	4,003.28	4,011.77	4,025.52	4,039.27	4,047.76	4,061.51

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,884.86	3,924.00	3,963.41	4,002.55	4,041.96	4,081.10	4,120.51
Camarilla	3,981.22	3,988.42	3,995.62	4,002.82	4,010.02	4,017.22	4,024.42
Woodie	3,885.00	3,924.07	3,963.55	4,002.62	4,042.10	4,081.17	4,120.65
Fibonacci	3,924.00	3,954.01	3,972.54	4,002.55	4,032.56	4,051.09	4,081.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,711.97	3,763.82	3,839.36	3,891.21	3,966.75	4,018.60	4,094.14
Camarilla	3,879.88	3,891.56	3,903.23	3,914.91	3,926.59	3,938.27	3,949.94
Woodie	3,723.83	3,769.74	3,851.22	3,897.13	3,978.61	4,024.52	4,106.00
Fibonacci	3,763.82	3,812.48	3,842.54	3,891.21	3,939.87	3,969.93	4,018.60

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):	56.38
MACD (12,26,9):	5.6300
Directional Movement:	1.81
AROON (14):	35.72
DEMA (21):	4,030.59
Parabolic SAR (0,02-0,02-0,2):	4,037.96
Elder Ray (13):	1.67
Super Trend (3,10):	4,010.38
Zig ZAG (10):	4,027.79
VORTEX (21):	1.1100
Stochastique (14,3,5):	65.30
TEMA (21):	4,033.83
Williams %R (14):	-37.02
Chande Momentum Oscillator (20):	7.74
Repulse (5,40,3):	-0.0300
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.78

MA7:	4,013.50
MA20:	3,977.74
MA50:	3,881.10
MA100:	3,768.72
MAexp7:	4,028.31
MAexp20:	4,023.38
MAexp50:	4,015.34
MAexp100:	4,001.71
Price / MA7:	+0.47%
Price / MA20:	+1.38%
Price / MA50:	+3.90%
Price / MA100:	+7.00%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.23%
Price / MAexp50:	+0.43%
Price / MAexp100:	+0.77%

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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