ESTX TELECOM EUR (PRICE)

SXKE

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXKE
ISIN:	EU0009658566

ESTX TELECOM EUR (PRICE) - 1H - Technical analysis published on 08/18/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 267.21 EUR

My targets

265.20 EUR (-0.46%)

263.80 EUR (-0.98%)

My analysis

ESTX TELECOM EUR (PRICE) is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 267.21 EUR. The next support located at 265.20 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 263.80 EUR. Below this support, sellers could then target 261.97 EUR.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

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

ESTX TELECOM EUR (PRICE) rating 266.42 EUR. The price registered a decrease of -0.08% on the session and was traded between 265.36 EUR and 267.55 EUR over the period. The price is currently at +0.40% from its lowest and -0.42% from its highest.

265.36

267.55

266.42

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 TELECOM EUR (PRICE):

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

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 TELECOM EUR (PRICE) in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	261.97	263.80	265.20	266.42	267.21	271.86	273.83
Change (%)	-1.67%	-0.98%	-0.46%	-	+0.30%	+2.04%	+2.78%
Change	-4.45	-2.62	-1.22	-	+0.79	+5.44	+7.41
Level	Major	Minor	Intermediate	-	Minor	Minor	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	263.56	264.41	265.52	266.37	267.48	268.33	269.44
Camarilla	266.08	266.26	266.44	266.62	266.80	266.98	267.16
Woodie	263.68	264.48	265.64	266.44	267.60	268.40	269.56
Fibonacci	264.41	265.16	265.63	266.37	267.12	267.59	268.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	256.51	260.15	264.21	267.85	271.91	275.55	279.61
Camarilla	266.14	266.85	267.55	268.26	268.97	269.67	270.38
Woodie	256.71	260.26	264.41	267.96	272.11	275.66	279.81
Fibonacci	260.15	263.10	264.91	267.85	270.80	272.61	275.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	257.89	264.31	271.19	277.61	284.49	290.91	297.79
Camarilla	274.41	275.63	276.85	278.07	279.29	280.51	281.73
Woodie	258.12	264.43	271.42	277.73	284.72	291.03	298.02
Fibonacci	264.31	269.39	272.53	277.61	282.69	285.83	290.91

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):	44.04
MACD (12,26,9):	-0.4400
Directional Movement:	-7.47
AROON (14):	-35.71
DEMA (21):	265.95
Parabolic SAR (0,02-0,02-0,2):	267.46
Elder Ray (13):	-0.20
Super Trend (3,10):	268.15
Zig ZAG (10):	266.32
VORTEX (21):	0.9400
Stochastique (14,3,5):	30.29
TEMA (21):	265.90
Williams %R (14):	-56.16
Chande Momentum Oscillator (20):	-0.58
Repulse (5,40,3):	0.1500
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.58

MA7:	268.00
MA20:	271.35
MA50:	274.55
MA100:	286.19
MAexp7:	266.16
MAexp20:	266.55
MAexp50:	267.25
MAexp100:	268.37
Price / MA7:	-0.59%
Price / MA20:	-1.82%
Price / MA50:	-2.96%
Price / MA100:	-6.91%
Price / MAexp7:	+0.10%
Price / MAexp20:	-0.05%
Price / MAexp50:	-0.31%
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.

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