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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 - 1H - Technical analysis published on 05/14/2024 (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%
6%
39%
My opinion
Bullish above 8,158.44 EUR
My targets
8,260.08 EUR (+0.63%)
My analysis
The basic bullish trend is very strong on PRT FR INDEX 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 8,158.44 EUR. Crossing the first resistance at 8,260.08 EUR would be a sign of a potential new surge in the price. Caution, a return to below 8,158.44 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.

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
0
10
5.9

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The PRT FR INDEX rating is 8,208.29 EUR. The price registered a decrease of -0.01% on the session and was traded between 8,194.14 EUR and 8,215.90 EUR over the period. The price is currently at +0.17% from its lowest and -0.09% from its highest.

8,194.14
8,215.90
8,208.29

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PRT FR INDEX:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 PRT FR INDEX in 1H shows a strongly overall bullish trend. 82.14% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 8,061.26 8,158.44 8,205.81 8,208.29 8,260.08
Change (%) -1.79% -0.61% -0.03% - +0.63%
Change -147.03 -49.85 -2.48 - +51.79
Level Minor Major Intermediate - Intermediate



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
Standard8,150.948,168.648,188.968,206.668,226.988,244.688,265.00
Camarilla8,198.838,202.318,205.808,209.288,212.778,216.258,219.74
Woodie8,152.258,169.308,190.278,207.328,228.298,245.348,266.31
Fibonacci8,168.648,183.168,192.148,206.668,221.188,230.168,244.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,731.107,845.098,032.118,146.108,333.128,447.118,634.13
Camarilla8,136.368,163.968,191.558,219.148,246.738,274.338,301.92
Woodie7,767.637,863.358,068.648,164.368,369.658,465.378,670.66
Fibonacci7,845.097,960.078,031.118,146.108,261.088,332.128,447.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,481.087,690.177,837.558,046.648,194.028,403.118,550.49
Camarilla7,886.907,919.587,952.257,984.938,017.618,050.288,082.96
Woodie7,450.237,674.747,806.708,031.218,163.178,387.688,519.64
Fibonacci7,690.177,826.347,910.478,046.648,182.818,266.948,403.11

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): 55.91
MACD (12,26,9): 10.7000
Directional Movement: 0.45
AROON (14): -50.00
DEMA (21): 8,221.33
Parabolic SAR (0,02-0,02-0,2): 8,186.34
Elder Ray (13): -1.83
Super Trend (3,10): 8,192.06
Zig ZAG (10): 8,208.08
VORTEX (21): 0.8900
Stochastique (14,3,5): 49.45
TEMA (21): 8,206.29
Williams %R (14): -39.78
Chande Momentum Oscillator (20): 2.08
Repulse (5,40,3): 0.1400
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 0.51
MA7: 8,147.17
MA20: 8,062.52
MA50: 8,080.44
MA100: 7,840.24
MAexp7: 8,206.75
MAexp20: 8,202.01
MAexp50: 8,161.23
MAexp100: 8,117.47
Price / MA7: +0.75%
Price / MA20: +1.81%
Price / MA50: +1.58%
Price / MA100: +4.69%
Price / MAexp7: +0.02%
Price / MAexp20: +0.08%
Price / MAexp50: +0.58%
Price / MAexp100: +1.12%

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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Londinia
Londinia AI

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