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 09/24/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 7,577.00 EUR
My targets
7,694.65 EUR (+0.83%)
7,914.65 EUR (+3.71%)
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 7,577.00 EUR. The buyers' bullish objective is set at 7,694.65 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7,914.65 EUR. If there is any crossing, the next objective would be the resistance located at 8,239.99 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The PRT FR INDEX rating is 7,631.24 EUR. On the day, this instrument gained +1.64% and was traded between 7,584.70 EUR and 7,633.78 EUR over the period. The price is currently at +0.61% from its lowest and -0.03% from its highest.

7,584.70
7,633.78
7,631.24

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of PRT FR INDEX indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7,525.17 7,577.00 7,615.52 7,631.24 7,694.65 7,914.65 8,239.99
Change (%) -1.39% -0.71% -0.21% - +0.83% +3.71% +7.98%
Change -106.07 -54.24 -15.72 - +63.41 +283.41 +608.75
Level Minor Major Intermediate - Minor Intermediate 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
Standard7,404.417,429.717,468.897,494.197,533.377,558.677,597.85
Camarilla7,490.357,496.267,502.177,508.087,513.997,519.907,525.81
Woodie7,411.367,433.187,475.847,497.667,540.327,562.147,604.80
Fibonacci7,429.717,454.347,469.567,494.197,518.827,534.047,558.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,218.647,321.177,410.717,513.247,602.787,705.317,794.85
Camarilla7,447.447,465.057,482.657,500.267,517.877,535.477,553.08
Woodie7,212.167,317.927,404.237,509.997,596.307,702.067,788.37
Fibonacci7,321.177,394.547,439.877,513.247,586.617,631.947,705.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,540.526,784.087,207.527,451.087,874.528,118.088,541.52
Camarilla7,447.537,508.677,569.817,630.957,692.097,753.237,814.38
Woodie6,630.456,829.057,297.457,496.057,964.458,163.058,631.45
Fibonacci6,784.087,038.887,196.297,451.087,705.887,863.298,118.08

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): 69.93
MACD (12,26,9): 8.9300
Directional Movement: 22.05
AROON (14): 64.29
DEMA (21): 7,539.96
Parabolic SAR (0,02-0,02-0,2): 7,465.54
Elder Ray (13): 83.53
Super Trend (3,10): 7,521.69
Zig ZAG (10): 7,622.90
VORTEX (21): 0.9100
Stochastique (14,3,5): 78.38
TEMA (21): 7,543.77
Williams %R (14): -0.58
Chande Momentum Oscillator (20): 114.65
Repulse (5,40,3): 0.4800
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.26
MA7: 7,519.59
MA20: 7,505.66
MA50: 7,462.41
MA100: 7,655.93
MAexp7: 7,554.48
MAexp20: 7,530.71
MAexp50: 7,515.02
MAexp100: 7,501.95
Price / MA7: +1.48%
Price / MA20: +1.67%
Price / MA50: +2.26%
Price / MA100: -0.32%
Price / MAexp7: +1.02%
Price / MAexp20: +1.33%
Price / MAexp50: +1.55%
Price / MAexp100: +1.72%

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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