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 10/12/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

50%

11%

My opinion

Bearish under 756.39 EUR

My targets

714.66 EUR (-2.02%)

679.60 EUR (-6.83%)

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 756.39 EUR. The next support located at 714.66 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 679.60 EUR. Below this support, sellers could then target 637.59 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.4

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 STXE 600 FD&BVR EUR (PRICE) price is 729.39 EUR. The price is lower by -0.02% since the last closing and was traded between 727.01 EUR and 735.80 EUR over the period. The price is currently at +0.33% from its lowest and -0.87% from its highest.

727.01

735.80

729.39

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STXE 600 FD&BVR EUR (PRICE):

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

Near a new LOW record (1 year)

Type : Bearish

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 STXE 600 FD&BVR EUR (PRICE) in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

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	575.95	637.59	679.60	729.39	733.91	798.59	825.53
Change (%)	-21.04%	-12.59%	-6.83%	-	+0.62%	+9.49%	+13.18%
Change	-153.44	-91.80	-49.79	-	+4.52	+69.20	+96.14
Level	Major	Intermediate	Major	-	Major	Major	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	709.30	713.53	721.55	725.78	733.80	738.03	746.05
Camarilla	726.19	727.31	728.44	729.56	730.68	731.81	732.93
Woodie	711.19	714.48	723.44	726.73	735.69	738.98	747.94
Fibonacci	713.53	718.21	721.10	725.78	730.46	733.35	738.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	694.44	709.74	720.55	735.85	746.66	761.96	772.77
Camarilla	724.18	726.57	728.97	731.36	733.75	736.15	738.54
Woodie	692.20	708.62	718.31	734.73	744.42	760.84	770.53
Fibonacci	709.74	719.71	725.88	735.85	745.82	751.99	761.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	645.88	687.61	714.66	756.39	783.44	825.17	852.22
Camarilla	722.79	729.09	735.40	741.70	748.01	754.31	760.62
Woodie	638.53	683.94	707.31	752.72	776.09	821.50	844.87
Fibonacci	687.61	713.89	730.12	756.39	782.67	798.90	825.17

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):	36.92
MACD (12,26,9):	-13.3600
Directional Movement:	-16.13
AROON (14):	-92.86
DEMA (21):	727.75
Parabolic SAR (0,02-0,02-0,2):	749.25
Elder Ray (13):	-7.61
Super Trend (3,10):	761.69
Zig ZAG (10):	731.53
VORTEX (21):	0.7600
Stochastique (14,3,5):	23.03
TEMA (21):	724.74
Williams %R (14):	-68.66
Chande Momentum Oscillator (20):	-15.40
Repulse (5,40,3):	0.2000
ROCnROLL:	2
TRIX (15,9):	-0.2700
Courbe Coppock:	6.21

MA7:	734.91
MA20:	744.45
MA50:	779.50
MA100:	780.29
MAexp7:	733.43
MAexp20:	746.07
MAexp50:	766.46
MAexp100:	780.25
Price / MA7:	-0.75%
Price / MA20:	-2.02%
Price / MA50:	-6.43%
Price / MA100:	-6.52%
Price / MAexp7:	-0.55%
Price / MAexp20:	-2.24%
Price / MAexp50:	-4.84%
Price / MAexp100:	-6.52%

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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