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 12/16/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 763.66 EUR

My targets

733.91 EUR (-2.16%)

716.37 EUR (-4.50%)

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 763.66 EUR. The next support located at 733.91 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 716.37 EUR. Below this support, sellers could then target 679.60 EUR.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.9

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 750.11 EUR. The price is lower by -0.07% since the last closing with the lowest point at 748.40 EUR and the highest point at 754.40 EUR. The deviation from the price is +0.23% for the low point and -0.57% for the high point.

748.40

754.40

750.11

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

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 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of STXE 600 FD&BVR EUR (PRICE) indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Black hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	716.37	733.91	748.44	750.11	763.66	783.25	798.59
Change (%)	-4.50%	-2.16%	-0.22%	-	+1.81%	+4.42%	+6.46%
Change	-33.74	-16.20	-1.67	-	+13.55	+33.14	+48.48
Level	Major	Major	Intermediate	-	Minor	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	722.79	736.63	743.64	757.48	764.49	778.33	785.34
Camarilla	744.93	746.84	748.75	750.66	752.57	754.48	756.39
Woodie	719.39	734.92	740.24	755.77	761.09	776.62	781.94
Fibonacci	736.63	744.59	749.51	757.48	765.44	770.36	778.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	727.00	741.39	753.23	767.62	779.46	793.85	805.69
Camarilla	757.87	760.27	762.68	765.08	767.48	769.89	772.29
Woodie	725.74	740.75	751.97	766.98	778.20	793.21	804.43
Fibonacci	741.39	751.41	757.60	767.62	777.64	783.83	793.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	682.85	703.53	738.42	759.10	793.99	814.67	849.56
Camarilla	758.04	763.13	768.23	773.32	778.41	783.51	788.60
Woodie	689.97	707.08	745.54	762.65	801.11	818.22	856.68
Fibonacci	703.53	724.75	737.87	759.10	780.32	793.44	814.67

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):	41.51
MACD (12,26,9):	1.1500
Directional Movement:	-3.43
AROON (14):	-78.57
DEMA (21):	766.54
Parabolic SAR (0,02-0,02-0,2):	774.38
Elder Ray (13):	-11.98
Super Trend (3,10):	783.20
Zig ZAG (10):	748.44
VORTEX (21):	0.9600
Stochastique (14,3,5):	19.27
TEMA (21):	763.70
Williams %R (14):	-98.88
Chande Momentum Oscillator (20):	-24.34
Repulse (5,40,3):	-2.0500
ROCnROLL:	2
TRIX (15,9):	0.1000
Courbe Coppock:	2.87

MA7:	761.64
MA20:	769.38
MA50:	750.39
MA100:	767.73
MAexp7:	760.51
MAexp20:	763.31
MAexp50:	759.97
MAexp100:	765.25
Price / MA7:	-1.51%
Price / MA20:	-2.50%
Price / MA50:	-0.04%
Price / MA100:	-2.30%
Price / MAexp7:	-1.35%
Price / MAexp20:	-1.71%
Price / MAexp50:	-1.28%
Price / MAexp100:	-1.96%

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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