PRT FR INDEX - Daily - Technical analysis published on 10/06/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 6,168.17 EUR
My targets
5,794.96 EUR (-3.18%)
5,606.54 EUR (-6.33%)
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 FR INDEX. As long as you are under the resistance located at 6,168.17 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 5,794.96 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 5,606.54 EUR as an objective. Crossing it would then enable sellers to target 5,256.31 EUR. If the resistance 6,168.17 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PRT FR INDEX price is 5,985.10 EUR. The price is lower by -0.01% since the last closing with the lowest point at 5,979.68 EUR and the highest point at 6,021.30 EUR. The deviation from the price is +0.09% for the low point and -0.60% for the high point.5,979.68
6,021.30
5,985.10
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of PRT FR INDEX indicates that the overall trend is bearish. 71.43% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 5,256.31 | 5,606.54 | 5,794.96 | 5,985.10 | 6,168.17 | 6,582.52 | 6,896.04 |
| Change (%) | -12.18% | -6.33% | -3.18% | - | +3.06% | +9.98% | +15.22% |
| Change | -728.79 | -378.56 | -190.14 | - | +183.07 | +597.42 | +910.94 |
| Level | Intermediate | Major | Major | - | Major | Minor | 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 | 5,864.68 | 5,908.70 | 5,947.08 | 5,991.10 | 6,029.48 | 6,073.50 | 6,111.88 |
| Camarilla | 5,962.80 | 5,970.35 | 5,977.91 | 5,985.46 | 5,993.01 | 6,000.57 | 6,008.12 |
| Woodie | 5,861.86 | 5,907.29 | 5,944.26 | 5,989.69 | 6,026.66 | 6,072.09 | 6,109.06 |
| Fibonacci | 5,908.70 | 5,940.18 | 5,959.62 | 5,991.10 | 6,022.58 | 6,042.02 | 6,073.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,415.03 | 5,521.45 | 5,641.89 | 5,748.31 | 5,868.75 | 5,975.17 | 6,095.61 |
| Camarilla | 5,699.95 | 5,720.75 | 5,741.55 | 5,762.34 | 5,783.14 | 5,803.93 | 5,824.73 |
| Woodie | 5,422.05 | 5,524.96 | 5,648.91 | 5,751.82 | 5,875.77 | 5,978.68 | 6,102.63 |
| Fibonacci | 5,521.45 | 5,608.11 | 5,661.65 | 5,748.31 | 5,834.97 | 5,888.51 | 5,975.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,694.97 | 5,161.41 | 5,461.88 | 5,928.32 | 6,228.79 | 6,695.23 | 6,995.70 |
| Camarilla | 5,551.44 | 5,621.74 | 5,692.04 | 5,762.34 | 5,832.64 | 5,902.94 | 5,973.24 |
| Woodie | 4,611.98 | 5,119.92 | 5,378.89 | 5,886.83 | 6,145.80 | 6,653.74 | 6,912.71 |
| Fibonacci | 5,161.41 | 5,454.37 | 5,635.36 | 5,928.32 | 6,221.28 | 6,402.27 | 6,695.23 |
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): | 48.94 | |
| MACD (12,26,9): | -83.6500 | |
| Directional Movement: | 1.11 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 5,843.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,644.17 | |
| Elder Ray (13): | 79.39 | |
| Super Trend (3,10): | 6,039.74 | |
| Zig ZAG (10): | 5,987.58 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 70.56 | |
| TEMA (21): | 5,825.54 | |
| Williams %R (14): | -26.64 | |
| Chande Momentum Oscillator (20): | 7.41 | |
| Repulse (5,40,3): | 1.9700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 8.56 |
| MA7: | 5,858.75 | |
| MA20: | 5,977.89 | |
| MA50: | 6,213.29 | |
| MA100: | 6,184.50 | |
| MAexp7: | 5,913.60 | |
| MAexp20: | 5,963.85 | |
| MAexp50: | 6,095.63 | |
| MAexp100: | 6,206.88 | |
| Price / MA7: | +2.16% | |
| Price / MA20: | +0.12% | |
| Price / MA50: | -3.67% | |
| Price / MA100: | -3.22% | |
| Price / MAexp7: | +1.21% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | -1.81% | |
| Price / MAexp100: | -3.57% |
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
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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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