BEL SMALL INDEX - 1H - Technical analysis published on 06/07/2023 (GMT)
- 189
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
22%
56%
My opinion
Neutral between 10,878.00 EUR and 11,037.80 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on BEL SMALL INDEX. It is difficult to advise a trading direction under these conditions. The first resistance is located at 11,037.80 EUR. The first support is located at 10,878.00 EUR. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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.
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Additional analysis
Quotes
BEL SMALL INDEX rating 10,978.92 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 10,978.92 EUR and the highest point at 11,051.35 EUR. The deviation from the price is 0% for the low point and -0.66% for the high point.10,978.92
11,051.35
10,978.92
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BEL SMALL INDEX in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 10 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,827.80 | 10,878.00 | 10,970.80 | 10,978.92 | 11,037.80 | 11,142.60 | 11,193.80 |
| Change (%) | -1.38% | -0.92% | -0.07% | - | +0.54% | +1.49% | +1.96% |
| Change | -151.12 | -100.92 | -8.12 | - | +58.88 | +163.68 | +214.88 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Minor |
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 | 10,882.35 | 10,930.63 | 10,954.78 | 11,003.06 | 11,027.21 | 11,075.49 | 11,099.64 |
| Camarilla | 10,959.00 | 10,965.64 | 10,972.28 | 10,978.92 | 10,985.56 | 10,992.20 | 10,998.84 |
| Woodie | 10,870.28 | 10,924.60 | 10,942.71 | 10,997.03 | 11,015.14 | 11,069.46 | 11,087.57 |
| Fibonacci | 10,930.63 | 10,958.30 | 10,975.40 | 11,003.06 | 11,030.73 | 11,047.83 | 11,075.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,682.99 | 10,755.41 | 10,855.80 | 10,928.22 | 11,028.61 | 11,101.03 | 11,201.42 |
| Camarilla | 10,908.67 | 10,924.51 | 10,940.35 | 10,956.19 | 10,972.03 | 10,987.87 | 11,003.71 |
| Woodie | 10,696.98 | 10,762.40 | 10,869.79 | 10,935.21 | 11,042.60 | 11,108.02 | 11,215.41 |
| Fibonacci | 10,755.41 | 10,821.42 | 10,862.21 | 10,928.22 | 10,994.23 | 11,035.02 | 11,101.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,265.96 | 10,546.89 | 10,691.34 | 10,972.27 | 11,116.72 | 11,397.65 | 11,542.10 |
| Camarilla | 10,718.80 | 10,757.79 | 10,796.79 | 10,835.78 | 10,874.77 | 10,913.77 | 10,952.76 |
| Woodie | 10,197.71 | 10,512.77 | 10,623.09 | 10,938.15 | 11,048.47 | 11,363.53 | 11,473.85 |
| Fibonacci | 10,546.89 | 10,709.39 | 10,809.78 | 10,972.27 | 11,134.77 | 11,235.16 | 11,397.65 |
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): | 53.16 | |
| MACD (12,26,9): | 9.7000 | |
| Directional Movement: | 8.87 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 11,005.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,971.55 | |
| Elder Ray (13): | 2.67 | |
| Super Trend (3,10): | 10,954.78 | |
| Zig ZAG (10): | 10,996.93 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 45.88 | |
| TEMA (21): | 11,003.45 | |
| Williams %R (14): | -62.40 | |
| Chande Momentum Oscillator (20): | 10.60 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.15 |
| MA7: | 10,926.37 | |
| MA20: | 10,964.97 | |
| MA50: | 11,194.31 | |
| MA100: | 11,445.56 | |
| MAexp7: | 10,996.94 | |
| MAexp20: | 10,991.47 | |
| MAexp50: | 10,973.73 | |
| MAexp100: | 10,973.83 | |
| Price / MA7: | +0.48% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | -1.92% | |
| Price / MA100: | -4.08% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.05% |
Quotes :
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15 min delayed data
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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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