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ESTX SELECT DIV 30 EUR (PRICE)
SD3E
- EUR (-)
- 15 min delayed data - STOXX Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: SD3E
ISIN: CH0020751589

ESTX SELECT DIV 30 EUR (PRICE) - 1H - Technical analysis published on 03/06/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 1,581.92 EUR
My targets
1,597.26 EUR (+0.27%)
1,608.97 EUR (+1.01%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1,581.92 EUR remains possible. It is advisable to trade ESTX SELECT DIV 30 EUR (PRICE) with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1,581.92 EUR. The next bullish objective for buyers is set at 1,597.26 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,608.97 EUR. If there is any crossing, the next objective would be the resistance located at 1,753.07 EUR. PS: if there is a bearish break in the support located at 1,581.92 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5

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.

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

Additional analysis

Quotes

ESTX SELECT DIV 30 EUR (PRICE) rating 1,592.96 EUR. The price registered a decrease of -0.06% on the session and was traded between 1,590.84 EUR and 1,598.98 EUR over the period. The price is currently at +0.13% from its lowest and -0.38% from its highest.

1,590.84
1,598.98
1,592.96

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ESTX SELECT DIV 30 EUR (PRICE) in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,547.61 1,571.17 1,581.92 1,592.96 1,597.26 1,608.97 1,753.07
Change (%) -2.85% -1.37% -0.69% - +0.27% +1.01% +10.05%
Change -45.35 -21.79 -11.04 - +4.30 +16.01 +160.11
Level Minor Minor Major - Major Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,573.981,578.481,586.171,590.671,598.361,602.861,610.55
Camarilla1,590.521,591.641,592.751,593.871,594.991,596.111,597.22
Woodie1,575.591,579.281,587.781,591.471,599.971,603.661,612.16
Fibonacci1,578.481,583.131,586.011,590.671,595.321,598.201,602.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,552.761,566.681,581.131,595.051,609.501,623.421,637.87
Camarilla1,587.781,590.381,592.981,595.581,598.181,600.781,603.38
Woodie1,553.031,566.811,581.401,595.181,609.771,623.551,638.14
Fibonacci1,566.681,577.521,584.211,595.051,605.891,612.581,623.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,484.511,510.091,555.751,581.331,626.991,652.571,698.23
Camarilla1,581.831,588.361,594.891,601.421,607.951,614.481,621.01
Woodie1,494.561,515.111,565.801,586.351,637.041,657.591,708.28
Fibonacci1,510.091,537.301,554.111,581.331,608.541,625.351,652.57

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): 47.41
MACD (12,26,9): 0.8400
Directional Movement: -6.39
AROON (14): 57.14
DEMA (21): 1,594.44
Parabolic SAR (0,02-0,02-0,2): 1,598.98
Elder Ray (13): 0.13
Super Trend (3,10): 1,586.68
Zig ZAG (10): 1,592.59
VORTEX (21): 1.0700
Stochastique (14,3,5): 75.64
TEMA (21): 1,595.64
Williams %R (14): -46.78
Chande Momentum Oscillator (20): 4.37
Repulse (5,40,3): -0.2100
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 1.11
MA7: 1,593.51
MA20: 1,576.03
MA50: 1,578.94
MA100: 1,544.25
MAexp7: 1,595.28
MAexp20: 1,593.75
MAexp50: 1,592.67
MAexp100: 1,588.83
Price / MA7: -0.03%
Price / MA20: +1.07%
Price / MA50: +0.89%
Price / MA100: +3.15%
Price / MAexp7: -0.15%
Price / MAexp20: -0.05%
Price / MAexp50: +0.02%
Price / MAexp100: +0.26%

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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Londinia AI

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