STXE 600 FD&BVR EUR (PRICE)
SX3P
0.670 EUR (-39.09%)
12/23/2024 - 13:11 Closed 15 min delayed data - STOXX Indices
Open: 0.970
Change: -0.430
Volume: 52
Low: 0.670
High: 1.140
High / Low range: 0.470
Type: Indices
Ticker: SX3P
ISIN: EU0009658749

STXE 600 FD&BVR EUR (PRICE) - 1H - Technical analysis published on 06/18/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on 06/18/2024 - 14:30
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
39%
6%
56%
My opinion
Bearish under 713.66 EUR
My targets
702.58 EUR (-0.41%)
694.34 EUR (-1.58%)
My analysis
The bearish basic trend is very strong on STXE 600 FD&BVR EUR (PRICE) but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 713.66 EUR. Crossing the first support at 702.58 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 694.34 EUR as an objective. Crossing it would then enable sellers to target 687.31 EUR. Caution, a return to above the resistance located at 713.66 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
4.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

STXE 600 FD&BVR EUR (PRICE) rating 705.47 EUR. On the day, this instrument lost -0.05% with the lowest point at 704.72 EUR and the highest point at 708.26 EUR. The deviation from the price is +0.11% for the low point and -0.39% for the high point.

704.72
708.26
705.47

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

Central Gaps

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:
Created with Raphaël 2.3.0-20-15-10-50January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of STXE 600 FD&BVR EUR (PRICE) in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is slight given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 687.31 694.34 702.58 705.47 706.15 713.66 723.09
Change (%) -2.57% -1.58% -0.41% - +0.10% +1.16% +2.50%
Change -18.16 -11.13 -2.89 - +0.68 +8.19 +17.62
Level Minor Major Intermediate - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard694.43698.51702.17706.25709.91713.99717.65
Camarilla703.69704.40705.11705.82706.53707.24707.95
Woodie694.21698.41701.95706.15709.69713.89717.43
Fibonacci698.51701.47703.30706.25709.21711.04713.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard685.03693.80701.12709.89717.21725.98733.30
Camarilla704.01705.48706.96708.43709.91711.38712.86
Woodie684.30693.44700.39709.53716.48725.62732.57
Fibonacci693.80699.95703.75709.89716.04719.84725.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard649.67670.75688.78709.86727.89748.97767.00
Camarilla696.05699.63703.22706.80710.39713.97717.56
Woodie648.14669.99687.25709.10726.36748.21765.47
Fibonacci670.75685.69694.92709.86724.80734.03748.97

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Neutral10
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 51.55
MACD (12,26,9): -0.3700
Directional Movement: 6.67
AROON (14): 28.57
DEMA (21): 705.70
Parabolic SAR (0,02-0,02-0,2): 703.25
Elder Ray (13): 0.91
Super Trend (3,10): 710.82
Zig ZAG (10): 707.32
VORTEX (21): 0.9700
Stochastique (14,3,5): 63.02
TEMA (21): 706.08
Williams %R (14): -24.03
Chande Momentum Oscillator (20): 2.38
Repulse (5,40,3): 0.1300
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.24
MA7: 707.61
MA20: 709.41
MA50: 708.38
MA100: 713.45
MAexp7: 706.28
MAexp20: 706.30
MAexp50: 707.51
MAexp100: 709.10
Price / MA7: -0.30%
Price / MA20: -0.56%
Price / MA50: -0.41%
Price / MA100: -1.12%
Price / MAexp7: -0.11%
Price / MAexp20: -0.12%
Price / MAexp50: -0.29%
Price / MAexp100: -0.51%

Quotes : 06/18/2024 - 14:14 - 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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