STX EU ENLARG TM EUR (PRICE)

EUETMP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	EUETMP
ISIN:	CH0019767687

STX EU ENLARG TM EUR (PRICE) - 1H - Technical analysis published on 11/17/2023 (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

17%

39%

44%

My opinion

Bullish above 225.56 EUR

My targets

229.15 EUR (+1.07%)

235.81 EUR (+4.00%)

My analysis

The basic bullish trend is very strong on STX EU ENLARG TM EUR (PRICE) 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 225.56 EUR. Crossing the first resistance at 229.15 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 235.81 EUR as an objective. Crossing it would then enable buyers to target 245.20 EUR. Caution, a return to below 225.56 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 are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

4.3

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.

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

Additional analysis

Quotes

The STX EU ENLARG TM EUR (PRICE) rating is 226.73 EUR. The price registered a decrease of -0.08% on the session with the lowest point at 226.01 EUR and the highest point at 227.20 EUR. The deviation from the price is +0.32% for the low point and -0.21% for the high point.

226.01

227.20

226.73

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of STX EU ENLARG TM EUR (PRICE) indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	219.78	221.83	225.56	226.73	229.15	235.81	245.20
Change (%)	-3.07%	-2.16%	-0.52%	-	+1.07%	+4.00%	+8.15%
Change	-6.95	-4.90	-1.17	-	+2.42	+9.08	+18.47
Level	Intermediate	Intermediate	Minor	-	Intermediate	Intermediate	Intermediate

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	223.73	224.82	225.87	226.96	228.01	229.10	230.15
Camarilla	226.32	226.52	226.71	226.91	227.11	227.30	227.50
Woodie	223.70	224.81	225.84	226.95	227.98	229.09	230.12
Fibonacci	224.82	225.64	226.15	226.96	227.78	228.29	229.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	214.90	216.90	218.75	220.75	222.60	224.60	226.45
Camarilla	219.55	219.90	220.26	220.61	220.96	221.32	221.67
Woodie	214.84	216.86	218.69	220.71	222.54	224.56	226.39
Fibonacci	216.90	218.37	219.28	220.75	222.22	223.13	224.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	181.32	189.37	203.75	211.80	226.18	234.23	248.61
Camarilla	211.95	214.01	216.06	218.12	220.18	222.23	224.29
Woodie	184.48	190.95	206.91	213.38	229.34	235.81	251.77
Fibonacci	189.37	197.94	203.24	211.80	220.37	225.67	234.23

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):	53.85
MACD (12,26,9):	0.4600
Directional Movement:	7.30
AROON (14):	-14.29
DEMA (21):	227.31
Parabolic SAR (0,02-0,02-0,2):	227.91
Elder Ray (13):	-0.05
Super Trend (3,10):	225.27
Zig ZAG (10):	226.73
VORTEX (21):	1.0800
Stochastique (14,3,5):	32.68
TEMA (21):	226.88
Williams %R (14):	-64.88
Chande Momentum Oscillator (20):	-0.81
Repulse (5,40,3):	0.0400
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	0.08

MA7:	224.15
MA20:	219.89
MA50:	211.26
MA100:	212.71
MAexp7:	226.74
MAexp20:	226.51
MAexp50:	225.04
MAexp100:	222.97
Price / MA7:	+1.15%
Price / MA20:	+3.11%
Price / MA50:	+7.32%
Price / MA100:	+6.59%
Price / MAexp7:	+0.00%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.75%
Price / MAexp100:	+1.69%

Quotes : - 15 min delayed data - STOXX Indices

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

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