CLASSIC ALL SH. TR

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	CLXP
ISIN:	DE0007203341

CLASSIC ALL SH. TR - Daily - Technical analysis published on 08/18/2022 (GMT)

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08/18/2022 - 15:35
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Timeframe : Daily
- Analysis generated on 08/18/2022 - 15:35
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

44%

17%

39%

My opinion

Bullish above 8,636.74 EUR

My targets

9,301.42 EUR (+3.05%)

9,881.17 EUR (+9.47%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CLASSIC ALL SH. TR as long as the price remains well above 8,636.74 EUR. The buyers' bullish objective is set at 9,301.42 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,881.17 EUR. If there is any crossing, the next objective would be the resistance located at 10,781.10 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 9,301.42 EUR. On this resistance, against the trend traders who would like to go short on CLASSIC ALL SH. TR with a bearish signal from their trading strategy, should not hesitate to act.

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

1.6

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.

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Additional analysis

Quotes

The CLASSIC ALL SH. TR rating is 9,026.26 EUR. The price is lower by -0.01% since the last closing with the lowest point at 9,016.75 EUR and the highest point at 9,106.36 EUR. The deviation from the price is +0.11% for the low point and -0.88% for the high point.

9,016.75

9,106.36

9,026.26

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CLASSIC ALL SH. TR:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CLASSIC ALL SH. TR chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7,125.65	8,058.99	8,381.52	9,026.26	9,301.42	9,881.17	10,781.10
Change (%)	-21.06%	-10.72%	-7.14%	-	+3.05%	+9.47%	+19.44%
Change	-1,900.61	-967.27	-644.74	-	+275.16	+854.91	+1,754.84
Level	Major	Major	Major	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,733.74	8,880.33	8,953.94	9,100.53	9,174.14	9,320.73	9,394.34
Camarilla	8,967.01	8,987.19	9,007.38	9,027.56	9,047.75	9,067.93	9,088.12
Woodie	8,697.26	8,862.09	8,917.46	9,082.29	9,137.66	9,302.49	9,357.86
Fibonacci	8,880.33	8,964.44	9,016.41	9,100.53	9,184.64	9,236.61	9,320.73

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,578.97	8,711.04	8,919.06	9,051.13	9,259.15	9,391.22	9,599.24
Camarilla	9,033.57	9,064.74	9,095.92	9,127.09	9,158.27	9,189.44	9,220.62
Woodie	8,616.96	8,730.03	8,957.05	9,070.12	9,297.14	9,410.21	9,637.23
Fibonacci	8,711.04	8,840.95	8,921.21	9,051.13	9,181.04	9,261.30	9,391.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7,378.57	7,701.40	8,313.91	8,636.74	9,249.25	9,572.08	10,184.59
Camarilla	8,669.21	8,754.95	8,840.69	8,926.43	9,012.17	9,097.91	9,183.65
Woodie	7,523.42	7,773.82	8,458.76	8,709.16	9,394.10	9,644.50	10,329.44
Fibonacci	7,701.40	8,058.70	8,279.44	8,636.74	8,994.04	9,214.78	9,572.08

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):	53.28
MACD (12,26,9):	95.4200
Directional Movement:	0.72
AROON (14):	85.71
DEMA (21):	9,093.17
Parabolic SAR (0,02-0,02-0,2):	8,859.44
Elder Ray (13):	25.25
Super Trend (3,10):	8,759.13
Zig ZAG (10):	9,028.19
VORTEX (21):	1.0700
Stochastique (14,3,5):	63.03
TEMA (21):	9,211.07
Williams %R (14):	-54.83
Chande Momentum Oscillator (20):	90.09
Repulse (5,40,3):	-2.3700
ROCnROLL:	2
TRIX (15,9):	0.1600
Courbe Coppock:	6.94

MA7:	9,111.14
MA20:	8,963.33
MA50:	8,781.29
MA100:	9,270.19
MAexp7:	9,078.40
MAexp20:	8,978.55
MAexp50:	8,984.22
MAexp100:	9,287.01
Price / MA7:	-0.93%
Price / MA20:	+0.70%
Price / MA50:	+2.79%
Price / MA100:	-2.63%
Price / MAexp7:	-0.57%
Price / MAexp20:	+0.53%
Price / MAexp50:	+0.47%
Price / MAexp100:	-2.81%

Quotes : 08/18/2022 - 15:19 - 15 min delayed data - Germany Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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