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 03/26/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 3,990.48 EUR

My targets

4,050.34 EUR (+0.36%)

4,068.61 EUR (+0.82%)

My analysis

The basic bullish trend is very strong on FTSE EURO TOP 100 but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 3,990.48 EUR. Crossing the first resistance at 4,050.34 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4,068.61 EUR as an objective. Crossing it would then enable buyers to target 4,098.41 EUR. Caution, a return to below 3,990.48 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 4,035.68 EUR. On the day, this instrument lost -0.02% with the lowest point at 4,028.46 EUR and the highest point at 4,036.05 EUR. The deviation from the price is +0.18% for the low point and -0.01% for the high point.

4,028.46

4,036.05

4,035.68

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

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

A technical analysis in 1H of this FTSE EURO TOP 100 chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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
ProTrendLines	3,963.14	3,990.48	4,026.17	4,035.68	4,041.69
Change (%)	-1.80%	-1.12%	-0.24%	-	+0.15%
Change	-72.54	-45.20	-9.51	-	+6.01
Level	Minor	Intermediate	Intermediate	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,998.20	4,007.97	4,022.32	4,032.09	4,046.44	4,056.21	4,070.56
Camarilla	4,030.03	4,032.24	4,034.45	4,036.66	4,038.87	4,041.08	4,043.29
Woodie	4,000.48	4,009.12	4,024.60	4,033.24	4,048.72	4,057.36	4,072.84
Fibonacci	4,007.97	4,017.19	4,022.88	4,032.09	4,041.31	4,047.00	4,056.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,954.20	3,972.47	4,002.27	4,020.54	4,050.34	4,068.61	4,098.41
Camarilla	4,018.85	4,023.26	4,027.66	4,032.07	4,036.48	4,040.88	4,045.29
Woodie	3,959.97	3,975.35	4,008.04	4,023.42	4,056.11	4,071.49	4,104.18
Fibonacci	3,972.47	3,990.83	4,002.18	4,020.54	4,038.90	4,050.25	4,068.61

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):	55.32
MACD (12,26,9):	4.0200
Directional Movement:	2.15
AROON (14):	85.71
DEMA (21):	4,034.30
Parabolic SAR (0,02-0,02-0,2):	4,019.68
Elder Ray (13):	0.55
Super Trend (3,10):	4,015.94
Zig ZAG (10):	4,034.02
VORTEX (21):	1.0300
Stochastique (14,3,5):	70.23
TEMA (21):	4,034.24
Williams %R (14):	-47.02
Chande Momentum Oscillator (20):	2.47
Repulse (5,40,3):	-0.0600
ROCnROLL:	-1
TRIX (15,9):	0.0200
Courbe Coppock:	0.06

MA7:	4,020.23
MA20:	3,988.70
MA50:	3,893.64
MA100:	3,779.37
MAexp7:	4,030.96
MAexp20:	4,028.55
MAexp50:	4,021.02
MAexp100:	4,007.96
Price / MA7:	+0.38%
Price / MA20:	+1.18%
Price / MA50:	+3.65%
Price / MA100:	+6.78%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.18%
Price / MAexp50:	+0.36%
Price / MAexp100:	+0.69%

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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