STXE 600 FD&BVR EUR (PRICE)

SX3P

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX3P
ISIN:	EU0009658749

STXE 600 FD&BVR EUR (PRICE) - Daily - Technical analysis published on 09/02/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

78%

My opinion

Bearish under 798.59 EUR

My targets

763.66 EUR (-1.52%)

733.91 EUR (-5.36%)

My analysis

STXE 600 FD&BVR 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 798.59 EUR. The next support located at 763.66 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 733.91 EUR. Below this support, sellers could then target 679.60 EUR.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

5.2

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

STXE 600 FD&BVR EUR (PRICE) rating 775.44 EUR. The price registered a decrease of -0.11% on the session and was between 774.36 EUR and 781.44 EUR. This implies that the price is at +0.14% from its lowest and at -0.77% from its highest.

774.36

781.44

775.44

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

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 an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of STXE 600 FD&BVR EUR (PRICE) in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	679.60	733.91	763.66	775.44	798.59	825.53	846.57
Change (%)	-12.36%	-5.36%	-1.52%	-	+2.99%	+6.46%	+9.17%
Change	-95.84	-41.53	-11.78	-	+23.15	+50.09	+71.13
Level	Intermediate	Major	Minor	-	Major	Major	Intermediate

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	760.56	766.75	771.51	777.70	782.46	788.65	793.41
Camarilla	773.25	774.25	775.26	776.26	777.26	778.27	779.27
Woodie	759.84	766.39	770.79	777.34	781.74	788.29	792.69
Fibonacci	766.75	770.94	773.52	777.70	781.89	784.47	788.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	769.84	786.49	795.71	812.36	821.58	838.23	847.45
Camarilla	797.83	800.20	802.57	804.94	807.31	809.68	812.05
Woodie	766.14	784.63	792.01	810.50	817.88	836.37	843.75
Fibonacci	786.49	796.37	802.47	812.36	822.24	828.34	838.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	722.45	753.32	768.87	799.74	815.29	846.16	861.71
Camarilla	771.66	775.91	780.17	784.42	788.68	792.93	797.19
Woodie	714.79	749.49	761.21	795.91	807.63	842.33	854.05
Fibonacci	753.32	771.05	782.01	799.74	817.47	828.43	846.16

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):	28.16
MACD (12,26,9):	-6.3500
Directional Movement:	-22.49
AROON (14):	-78.57
DEMA (21):	798.98
Parabolic SAR (0,02-0,02-0,2):	810.79
Elder Ray (13):	-21.57
Super Trend (3,10):	807.94
Zig ZAG (10):	775.01
VORTEX (21):	0.7600
Stochastique (14,3,5):	3.17
TEMA (21):	787.42
Williams %R (14):	-96.25
Chande Momentum Oscillator (20):	-51.51
Repulse (5,40,3):	-3.0000
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	6.67

MA7:	792.86
MA20:	810.97
MA50:	802.79
MA100:	795.93
MAexp7:	790.35
MAexp20:	803.84
MAexp50:	802.56
MAexp100:	800.64
Price / MA7:	-2.20%
Price / MA20:	-4.38%
Price / MA50:	-3.41%
Price / MA100:	-2.57%
Price / MAexp7:	-1.89%
Price / MAexp20:	-3.53%
Price / MAexp50:	-3.38%
Price / MAexp100:	-3.15%

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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