STXE 600 BANKS EUR (PRICE) - 1H - Technical analysis published on 09/14/2022 (GMT)
- 125
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 130.38 EUR
My targets
132.29 EUR (+0.25%)
135.00 EUR (+2.30%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 130.38 EUR remains possible. It is advisable to trade STXE 600 BANKS EUR (PRICE) with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 130.38 EUR. The next bullish objective for buyers is set at 132.29 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 135.00 EUR. If there is any crossing, the next objective would be the resistance located at 141.87 EUR. PS: if there is a bearish break in the support located at 130.38 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.8
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 BANKS EUR (PRICE) price is 131.96 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 131.01 EUR and the highest point at 133.21 EUR. The deviation from the price is +0.73% for the low point and -0.94% for the high point.131.01
133.21
131.96
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STXE 600 BANKS EUR (PRICE) indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 125.53 | 127.82 | 130.38 | 131.96 | 132.29 | 135.00 | 141.87 |
| Change (%) | -4.87% | -3.14% | -1.20% | - | +0.25% | +2.30% | +7.51% |
| Change | -6.43 | -4.14 | -1.58 | - | +0.33 | +3.04 | +9.91 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.10 | 129.74 | 130.86 | 132.50 | 133.62 | 135.26 | 136.38 |
| Camarilla | 131.23 | 131.48 | 131.74 | 131.99 | 132.24 | 132.50 | 132.75 |
| Woodie | 127.85 | 129.61 | 130.61 | 132.37 | 133.37 | 135.13 | 136.13 |
| Fibonacci | 129.74 | 130.79 | 131.44 | 132.50 | 133.55 | 134.20 | 135.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.96 | 119.83 | 124.69 | 127.56 | 132.42 | 135.29 | 140.15 |
| Camarilla | 127.42 | 128.13 | 128.84 | 129.55 | 130.26 | 130.97 | 131.68 |
| Woodie | 117.96 | 120.33 | 125.69 | 128.06 | 133.42 | 135.79 | 141.15 |
| Fibonacci | 119.83 | 122.78 | 124.61 | 127.56 | 130.51 | 132.34 | 135.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.52 | 115.03 | 119.97 | 127.48 | 132.42 | 139.93 | 144.87 |
| Camarilla | 121.48 | 122.62 | 123.76 | 124.90 | 126.04 | 127.18 | 128.32 |
| Woodie | 106.23 | 114.39 | 118.68 | 126.84 | 131.13 | 139.29 | 143.58 |
| Fibonacci | 115.03 | 119.79 | 122.73 | 127.48 | 132.24 | 135.18 | 139.93 |
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): | 48.65 | |
| MACD (12,26,9): | 0.4300 | |
| Directional Movement: | -8.57 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 132.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 133.06 | |
| Elder Ray (13): | -0.65 | |
| Super Trend (3,10): | 133.80 | |
| Zig ZAG (10): | 131.28 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 8.18 | |
| TEMA (21): | 132.02 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -2.75 | |
| Repulse (5,40,3): | -0.8500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.31 |
| MA7: | 128.94 | |
| MA20: | 127.06 | |
| MA50: | 126.83 | |
| MA100: | 128.85 | |
| MAexp7: | 131.84 | |
| MAexp20: | 132.00 | |
| MAexp50: | 130.27 | |
| MAexp100: | 128.74 | |
| Price / MA7: | +2.34% | |
| Price / MA20: | +3.86% | |
| Price / MA50: | +4.04% | |
| Price / MA100: | +2.41% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +1.30% | |
| Price / MAexp100: | +2.50% |
Quotes :
-
15 min delayed data
-
STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis STXE 600 BANKS EUR (PRICE) - 1H