SHORTDAX X2 TR - 1H - Technical analysis published on 11/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 159.78 EUR
My targets
153.89 EUR (-1.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SHORTDAX X2 TR as long as the price remains well below 159.78 EUR. The next bearish objective for sellers is set at 153.89 EUR. A bearish break of this support would revive the bearish 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 over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SHORTDAX X2 TR rating is 156.05 EUR. The price registered an increase of +1.33% on the session and was between 154.57 EUR and 156.28 EUR. This implies that the price is at +0.96% from its lowest and at -0.15% from its highest.154.57
156.28
156.05
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of SHORTDAX X2 TR indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 153.89 | 156.05 | 159.78 | 167.53 | 178.41 |
| Change (%) | -1.38% | - | +2.39% | +7.36% | +14.33% |
| Change | -2.16 | - | +3.73 | +11.48 | +22.36 |
| Level | Intermediate | - | Major | 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 | 149.17 | 151.30 | 152.65 | 154.78 | 156.13 | 158.26 | 159.61 |
| Camarilla | 153.04 | 153.36 | 153.68 | 154.00 | 154.32 | 154.64 | 154.96 |
| Woodie | 148.78 | 151.11 | 152.26 | 154.59 | 155.74 | 158.07 | 159.22 |
| Fibonacci | 151.30 | 152.63 | 153.45 | 154.78 | 156.11 | 156.93 | 158.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 144.74 | 149.09 | 151.54 | 155.89 | 158.34 | 162.69 | 165.14 |
| Camarilla | 152.13 | 152.75 | 153.38 | 154.00 | 154.62 | 155.25 | 155.87 |
| Woodie | 143.80 | 148.62 | 150.60 | 155.42 | 157.40 | 162.22 | 164.20 |
| Fibonacci | 149.09 | 151.68 | 153.29 | 155.89 | 158.48 | 160.09 | 162.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 119.85 | 151.02 | 167.35 | 198.52 | 214.85 | 246.02 | 262.35 |
| Camarilla | 170.62 | 174.97 | 179.33 | 183.68 | 188.03 | 192.39 | 196.74 |
| Woodie | 112.43 | 147.31 | 159.93 | 194.81 | 207.43 | 242.31 | 254.93 |
| Fibonacci | 151.02 | 169.17 | 180.38 | 198.52 | 216.67 | 227.88 | 246.02 |
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): | 44.60 | |
| MACD (12,26,9): | -0.8400 | |
| Directional Movement: | -11.69 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 154.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 156.62 | |
| Elder Ray (13): | -0.14 | |
| Super Trend (3,10): | 158.21 | |
| Zig ZAG (10): | 155.38 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 32.43 | |
| TEMA (21): | 154.91 | |
| Williams %R (14): | -66.72 | |
| Chande Momentum Oscillator (20): | -2.19 | |
| Repulse (5,40,3): | 0.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 4.31 |
| MA7: | 156.55 | |
| MA20: | 171.64 | |
| MA50: | 193.00 | |
| MA100: | 191.98 | |
| MAexp7: | 155.24 | |
| MAexp20: | 155.89 | |
| MAexp50: | 158.33 | |
| MAexp100: | 164.21 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -9.08% | |
| Price / MA50: | -19.15% | |
| Price / MA100: | -18.72% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -1.44% | |
| Price / MAexp100: | -4.97% |
Quotes :
-
15 min delayed data
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Germany 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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