ESTX FD&BVR EUR (PRICE) - 1H - Technical analysis published on 09/04/2024 (GMT)
- 103
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 482.67 EUR
My targets
490.38 EUR (+0.31%)
495.85 EUR (+1.43%)
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 ESTX FD&BVR EUR (PRICE). As long as you are above the support located at 482.67 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 490.38 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 495.85 EUR as an objective. Crossing it would then enable buyers to target 499.92 EUR. If the support 482.67 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.6
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.
Additional analysis
Quotes
The ESTX FD&BVR EUR (PRICE) price is 488.88 EUR. The price is lower by -0.09% since the last closing with the lowest point at 488.28 EUR and the highest point at 490.91 EUR. The deviation from the price is +0.12% for the low point and -0.41% for the high point.488.28
490.91
488.88
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
Here is a more detailed summary of the historical variations registered by ESTX FD&BVR EUR (PRICE):
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 this 1H chart of ESTX FD&BVR EUR (PRICE) indicates that the overall trend is bullish. 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 several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 479.44 | 482.67 | 487.86 | 488.88 | 490.38 | 495.85 | 499.92 |
| Change (%) | -1.93% | -1.27% | -0.21% | - | +0.31% | +1.43% | +2.26% |
| Change | -9.44 | -6.21 | -1.02 | - | +1.50 | +6.97 | +11.04 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 483.09 | 485.44 | 487.38 | 489.73 | 491.67 | 494.02 | 495.96 |
| Camarilla | 488.14 | 488.53 | 488.93 | 489.32 | 489.71 | 490.11 | 490.50 |
| Woodie | 482.89 | 485.34 | 487.18 | 489.63 | 491.47 | 493.92 | 495.76 |
| Fibonacci | 485.44 | 487.08 | 488.09 | 489.73 | 491.37 | 492.38 | 494.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 464.30 | 471.85 | 480.74 | 488.29 | 497.18 | 504.73 | 513.62 |
| Camarilla | 485.10 | 486.61 | 488.11 | 489.62 | 491.13 | 492.63 | 494.14 |
| Woodie | 464.96 | 472.19 | 481.40 | 488.63 | 497.84 | 505.07 | 514.28 |
| Fibonacci | 471.85 | 478.13 | 482.01 | 488.29 | 494.57 | 498.45 | 504.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 447.80 | 458.65 | 474.14 | 484.99 | 500.48 | 511.33 | 526.82 |
| Camarilla | 482.38 | 484.79 | 487.21 | 489.62 | 492.04 | 494.45 | 496.86 |
| Woodie | 450.11 | 459.81 | 476.45 | 486.15 | 502.79 | 512.49 | 529.13 |
| Fibonacci | 458.65 | 468.72 | 474.93 | 484.99 | 495.06 | 501.27 | 511.33 |
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): | 45.60 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 2.33 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 489.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 491.59 | |
| Elder Ray (13): | -0.52 | |
| Super Trend (3,10): | 488.38 | |
| Zig ZAG (10): | 488.70 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 31.08 | |
| TEMA (21): | 488.99 | |
| Williams %R (14): | -82.98 | |
| Chande Momentum Oscillator (20): | -2.95 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.04 |
| MA7: | 488.39 | |
| MA20: | 481.00 | |
| MA50: | 478.10 | |
| MA100: | 483.97 | |
| MAexp7: | 489.30 | |
| MAexp20: | 489.42 | |
| MAexp50: | 488.18 | |
| MAexp100: | 485.36 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +1.64% | |
| Price / MA50: | +2.25% | |
| Price / MA100: | +1.01% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.73% |
Quotes :
-
15 min delayed data
-
STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ESTX FD&BVR EUR (PRICE) - 1H