PRT FR INDEX

FRIDX

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	FRIDX
ISIN:

PRT FR INDEX - Daily - Technical analysis published on 12/07/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 6,586.54 EUR

My targets

6,792.16 EUR (+1.59%)

6,896.04 EUR (+3.15%)

My analysis

The bullish trend is currently very strong on PRT FR INDEX. As long as the price remains above the support at 6,586.54 EUR, you could try to benefit from the boom. The first bullish objective is located at 6,792.16 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6,896.04 EUR as an objective. Crossing it would then enable buyers to target 7,376.37 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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

6.8

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 PRT FR INDEX price is 6,685.54 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 6,641.45 EUR and the highest point at 6,696.67 EUR. The deviation from the price is +0.66% for the low point and -0.17% for the high point.

6,641.45

6,696.67

6,685.54

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 for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this PRT FR INDEX chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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 slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bearish harami

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6,168.17	6,276.31	6,586.54	6,685.54	6,792.16	6,896.04	7,376.37
Change (%)	-7.74%	-6.12%	-1.48%	-	+1.59%	+3.15%	+10.33%
Change	-517.37	-409.23	-99.00	-	+106.62	+210.50	+690.83
Level	Intermediate	Minor	Major	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6,611.38	6,633.54	6,660.67	6,682.83	6,709.96	6,732.12	6,759.25
Camarilla	6,674.24	6,678.75	6,683.27	6,687.79	6,692.31	6,696.83	6,701.35
Woodie	6,613.86	6,634.78	6,663.15	6,684.07	6,712.44	6,733.36	6,761.73
Fibonacci	6,633.54	6,652.37	6,664.01	6,682.83	6,701.66	6,713.30	6,732.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6,503.97	6,572.53	6,657.39	6,725.95	6,810.81	6,879.37	6,964.23
Camarilla	6,700.06	6,714.12	6,728.19	6,742.25	6,756.31	6,770.38	6,784.44
Woodie	6,512.12	6,576.61	6,665.54	6,730.03	6,818.96	6,883.45	6,972.38
Fibonacci	6,572.53	6,631.14	6,667.34	6,725.95	6,784.56	6,820.76	6,879.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5,786.06	5,986.89	6,362.72	6,563.55	6,939.38	7,140.21	7,516.04
Camarilla	6,579.97	6,632.83	6,685.69	6,738.55	6,791.41	6,844.27	6,897.13
Woodie	5,873.56	6,030.64	6,450.22	6,607.30	7,026.88	7,183.96	7,603.54
Fibonacci	5,986.89	6,207.17	6,343.27	6,563.55	6,783.83	6,919.93	7,140.21

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):	63.98
MACD (12,26,9):	102.4300
Directional Movement:	9.12
AROON (14):	71.43
DEMA (21):	6,773.25
Parabolic SAR (0,02-0,02-0,2):	6,632.69
Elder Ray (13):	-5.60
Super Trend (3,10):	6,530.89
Zig ZAG (10):	6,687.36
VORTEX (21):	1.1200
Stochastique (14,3,5):	56.89
TEMA (21):	6,770.49
Williams %R (14):	-53.99
Chande Momentum Oscillator (20):	54.79
Repulse (5,40,3):	0.3600
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	3.43

MA7:	6,711.61
MA20:	6,663.22
MA50:	6,317.92
MA100:	6,287.77
MAexp7:	6,699.05
MAexp20:	6,624.47
MAexp50:	6,441.08
MAexp100:	6,353.10
Price / MA7:	-0.39%
Price / MA20:	+0.33%
Price / MA50:	+5.82%
Price / MA100:	+6.33%
Price / MAexp7:	-0.20%
Price / MAexp20:	+0.92%
Price / MAexp50:	+3.80%
Price / MAexp100:	+5.23%

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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