STOXX600 PRICE EUR INDEX

SXXP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXXP
ISIN:	EU0009658202

STOXX600 PRICE EUR INDEX - Daily - Technical analysis published on 03/06/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 443.42 EUR

My targets

475.70 EUR (+2.47%)

494.35 EUR (+6.49%)

My analysis

The bullish trend is currently very strong on STOXX600 PRICE EUR INDEX. As long as the price remains above the support at 443.42 EUR, you could try to benefit from the boom. The first bullish objective is located at 475.70 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 494.35 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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

7.3

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 STOXX600 PRICE EUR INDEX price is 464.22 EUR. The price registered a decrease of -0.01% on the session with the lowest point at 462.89 EUR and the highest point at 465.95 EUR. The deviation from the price is +0.29% for the low point and -0.37% for the high point.

462.89

465.95

464.22

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

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 for higher/lower results shows the following items:

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 this Daily chart of STOXX600 PRICE EUR INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

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	414.06	424.32	443.42	464.22	465.24	475.70	494.35
Change (%)	-10.81%	-8.60%	-4.48%	-	+0.22%	+2.47%	+6.49%
Change	-50.16	-39.90	-20.80	-	+1.02	+11.48	+30.13
Level	Major	Minor	Major	-	Major	Minor	Major

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	458.60	459.85	462.06	463.31	465.52	466.77	468.98
Camarilla	463.31	463.63	463.94	464.26	464.58	464.89	465.21
Woodie	459.07	460.09	462.53	463.55	465.99	467.01	469.45
Fibonacci	459.85	461.18	461.99	463.31	464.64	465.45	466.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	447.75	451.17	457.72	461.14	467.69	471.11	477.66
Camarilla	461.52	462.43	463.35	464.26	465.17	466.09	467.00
Woodie	449.31	451.95	459.28	461.92	469.25	471.89	479.22
Fibonacci	451.17	454.98	457.34	461.14	464.95	467.31	471.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	437.19	444.68	452.89	460.38	468.59	476.08	484.29
Camarilla	456.79	458.23	459.67	461.11	462.55	463.99	465.43
Woodie	437.56	444.86	453.26	460.56	468.96	476.26	484.66
Fibonacci	444.68	450.67	454.38	460.38	466.37	470.08	476.08

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):	57.99
MACD (12,26,9):	2.2900
Directional Movement:	-0.53
AROON (14):	-71.42
DEMA (21):	464.18
Parabolic SAR (0,02-0,02-0,2):	454.60
Elder Ray (13):	2.82
Super Trend (3,10):	451.55
Zig ZAG (10):	463.89
VORTEX (21):	0.9900
Stochastique (14,3,5):	61.21
TEMA (21):	462.55
Williams %R (14):	-29.64
Chande Momentum Oscillator (20):	-1.21
Repulse (5,40,3):	0.4800
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	0.09

MA7:	461.08
MA20:	461.83
MA50:	453.13
MA100:	439.35
MAexp7:	462.14
MAexp20:	460.62
MAexp50:	453.54
MAexp100:	444.21
Price / MA7:	+0.68%
Price / MA20:	+0.52%
Price / MA50:	+2.45%
Price / MA100:	+5.66%
Price / MAexp7:	+0.45%
Price / MAexp20:	+0.78%
Price / MAexp50:	+2.35%
Price / MAexp100:	+4.50%

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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