ESTOXX PRICE EUR INDEX

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXXE
ISIN:	EU0009658186

ESTOXX PRICE EUR INDEX - 1H - Technical analysis published on 12/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

67%

33%

My opinion

Bullish above 504.04 EUR

My targets

518.65 EUR (+1.24%)

522.79 EUR (+2.05%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ESTOXX PRICE EUR INDEX. As long as you are above the support located at 504.04 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 518.65 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 522.79 EUR as an objective. Crossing it would then enable buyers to target 527.81 EUR. If the support 504.04 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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

4.6

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.

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

Additional analysis

Quotes

The ESTOXX PRICE EUR INDEX price is 512.28 EUR. The price registered a decrease of -0.06% on the session and was traded between 512.28 EUR and 514.79 EUR over the period. The price is currently at 0% from its lowest and -0.49% from its highest.

512.28

514.79

512.28

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.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ESTOXX PRICE EUR INDEX in 1H shows an overall bullish trend. 71.43% 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 a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

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	501.24	504.04	511.95	512.28	518.65	522.79	527.81
Change (%)	-2.16%	-1.61%	-0.06%	-	+1.24%	+2.05%	+3.03%
Change	-11.04	-8.24	-0.33	-	+6.37	+10.51	+15.53
Level	Minor	Intermediate	Major	-	Intermediate	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	509.81	510.90	511.74	512.83	513.67	514.76	515.60
Camarilla	512.04	512.22	512.39	512.57	512.75	512.92	513.10
Woodie	509.68	510.84	511.61	512.77	513.54	514.70	515.47
Fibonacci	510.90	511.64	512.10	512.83	513.57	514.03	514.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	482.09	488.77	501.25	507.93	520.41	527.09	539.57
Camarilla	508.47	510.23	511.98	513.74	515.50	517.25	519.01
Woodie	485.00	490.22	504.16	509.38	523.32	528.54	542.48
Fibonacci	488.77	496.09	500.61	507.93	515.25	519.77	527.09

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	463.06	475.13	486.97	499.04	510.88	522.95	534.79
Camarilla	492.24	494.43	496.62	498.81	501.00	503.19	505.39
Woodie	462.95	475.07	486.86	498.98	510.77	522.89	534.68
Fibonacci	475.13	484.26	489.91	499.04	508.17	513.82	522.95

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):	56.56
MACD (12,26,9):	0.3500
Directional Movement:	9.22
AROON (14):	57.14
DEMA (21):	513.57
Parabolic SAR (0,02-0,02-0,2):	514.79
Elder Ray (13):	0.51
Super Trend (3,10):	511.07
Zig ZAG (10):	513.62
VORTEX (21):	1.1100
Stochastique (14,3,5):	52.57
TEMA (21):	513.56
Williams %R (14):	-43.37
Chande Momentum Oscillator (20):	1.26
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.41

MA7:	512.80
MA20:	502.79
MA50:	505.28
MA100:	502.86
MAexp7:	513.53
MAexp20:	513.15
MAexp50:	511.94
MAexp100:	508.84
Price / MA7:	-0.10%
Price / MA20:	+1.89%
Price / MA50:	+1.39%
Price / MA100:	+1.87%
Price / MAexp7:	-0.24%
Price / MAexp20:	-0.17%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.68%

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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