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 05/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

22%

28%

50%

My opinion

Bullish above 7,176.43 EUR

My targets

7,577.00 EUR (+1.94%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PRT FR INDEX as long as the price remains well above 7,176.43 EUR. The buyers' bullish objective is set at 7,577.00 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

4.8

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 rating is 7,432.46 EUR. On the day, this instrument lost -0.01% and was between 7,415.92 EUR and 7,457.30 EUR. This implies that the price is at +0.22% from its lowest and at -0.33% from its highest.

7,415.92

7,457.30

7,432.46

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of PRT FR INDEX in Daily shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	6,450.43	6,885.71	7,376.37	7,432.46	7,577.00
Change (%)	-13.21%	-7.36%	-0.75%	-	+1.94%
Change	-982.03	-546.75	-56.09	-	+144.54
Level	Minor	Intermediate	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7,294.72	7,324.51	7,378.72	7,408.51	7,462.72	7,492.51	7,546.72
Camarilla	7,409.83	7,417.53	7,425.23	7,432.93	7,440.63	7,448.33	7,456.03
Woodie	7,306.93	7,330.62	7,390.93	7,414.62	7,474.93	7,498.62	7,558.93
Fibonacci	7,324.51	7,356.60	7,376.42	7,408.51	7,440.60	7,460.42	7,492.51

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7,134.93	7,224.48	7,328.71	7,418.26	7,522.49	7,612.04	7,716.27
Camarilla	7,379.64	7,397.40	7,415.17	7,432.93	7,450.69	7,468.46	7,486.22
Woodie	7,142.26	7,228.15	7,336.04	7,421.93	7,529.82	7,615.71	7,723.60
Fibonacci	7,224.48	7,298.51	7,344.24	7,418.26	7,492.29	7,538.02	7,612.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7,052.63	7,176.43	7,333.97	7,457.77	7,615.31	7,739.11	7,896.65
Camarilla	7,414.13	7,439.92	7,465.71	7,491.50	7,517.29	7,543.08	7,568.87
Woodie	7,069.49	7,184.87	7,350.83	7,466.21	7,632.17	7,747.55	7,913.51
Fibonacci	7,176.43	7,283.91	7,350.30	7,457.77	7,565.25	7,631.64	7,739.11

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.18
MACD (12,26,9):	35.6900
Directional Movement:	-4.39
AROON (14):	-50.00
DEMA (21):	7,482.60
Parabolic SAR (0,02-0,02-0,2):	7,510.24
Elder Ray (13):	-1.68
Super Trend (3,10):	7,598.68
Zig ZAG (10):	7,435.30
VORTEX (21):	0.9200
Stochastique (14,3,5):	32.95
TEMA (21):	7,461.19
Williams %R (14):	-55.76
Chande Momentum Oscillator (20):	-116.60
Repulse (5,40,3):	0.0900
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	0.91

MA7:	7,424.74
MA20:	7,467.88
MA50:	7,304.28
MA100:	7,120.72
MAexp7:	7,430.64
MAexp20:	7,422.88
MAexp50:	7,315.69
MAexp100:	7,127.87
Price / MA7:	+0.10%
Price / MA20:	-0.47%
Price / MA50:	+1.75%
Price / MA100:	+4.38%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.13%
Price / MAexp50:	+1.60%
Price / MAexp100:	+4.27%

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

Londinia AI

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