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 05/05/2023 (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

50%

11%

39%

My opinion

Bullish above 802.99 EUR

My targets

849.39 EUR (+3.07%)

890.25 EUR (+8.03%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STXE 600 FD&BVR EUR (PRICE) as long as the price remains well above 802.99 EUR. The buyers' bullish objective is set at 849.39 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 890.25 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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

STXE 600 FD&BVR EUR (PRICE) rating 824.09 EUR. The price is lower by -0.15% since the last closing and was traded between 819.06 EUR and 826.67 EUR over the period. The price is currently at +0.61% from its lowest and -0.31% from its highest.

819.06

826.67

824.09

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 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 STXE 600 FD&BVR EUR (PRICE) indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	745.99	782.14	802.99	824.09	825.53	890.25
Change (%)	-9.48%	-5.09%	-2.56%	-	+0.17%	+8.03%
Change	-78.10	-41.95	-21.10	-	+1.44	+66.16
Level	Intermediate	Major	Intermediate	-	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	807.18	811.12	818.21	822.15	829.24	833.18	840.27
Camarilla	822.27	823.28	824.29	825.30	826.31	827.32	828.33
Woodie	808.76	811.91	819.79	822.94	830.82	833.97	841.85
Fibonacci	811.12	815.33	817.94	822.15	826.36	828.97	833.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	787.76	799.06	807.22	818.52	826.68	837.98	846.14
Camarilla	810.03	811.81	813.60	815.38	817.16	818.95	820.73
Woodie	786.19	798.28	805.65	817.74	825.11	837.20	844.57
Fibonacci	799.06	806.49	811.09	818.52	825.95	830.55	837.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	759.23	776.23	795.81	812.81	832.39	849.39	868.97
Camarilla	805.32	808.67	812.03	815.38	818.73	822.09	825.44
Woodie	760.51	776.88	797.09	813.46	833.67	850.04	870.25
Fibonacci	776.23	790.21	798.84	812.81	826.79	835.42	849.39

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):	62.60
MACD (12,26,9):	8.7100
Directional Movement:	14.95
AROON (14):	50.00
DEMA (21):	826.35
Parabolic SAR (0,02-0,02-0,2):	810.36
Elder Ray (13):	4.51
Super Trend (3,10):	804.17
Zig ZAG (10):	823.65
VORTEX (21):	1.1200
Stochastique (14,3,5):	73.60
TEMA (21):	826.65
Williams %R (14):	-26.81
Chande Momentum Oscillator (20):	12.76
Repulse (5,40,3):	1.3200
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	3.31

MA7:	819.77
MA20:	816.36
MA50:	792.02
MA100:	776.49
MAexp7:	821.11
MAexp20:	813.98
MAexp50:	797.84
MAexp100:	784.87
Price / MA7:	+0.53%
Price / MA20:	+0.95%
Price / MA50:	+4.05%
Price / MA100:	+6.13%
Price / MAexp7:	+0.36%
Price / MAexp20:	+1.24%
Price / MAexp50:	+3.29%
Price / MAexp100:	+5.00%

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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