STXE 600 TECH EUR (PRICE) - 1H - Technical analysis published on 02/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 683.70 EUR
My targets
690.74 EUR (+0.50%)
702.96 EUR (+2.28%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STXE 600 TECH EUR (PRICE). As long as you are above the support located at 683.70 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 690.74 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 702.96 EUR as an objective. Crossing it would then enable buyers to target 725.35 EUR. If the support 683.70 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STXE 600 TECH EUR (PRICE) rating 687.27 EUR. The price is lower by -0.04% since the last closing and was traded between 685.87 EUR and 697.56 EUR over the period. The price is currently at +0.20% from its lowest and -1.48% from its highest.685.87
697.56
687.27
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STXE 600 TECH EUR (PRICE) chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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 has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 660.71 | 674.32 | 683.70 | 687.27 | 690.74 | 702.96 | 725.35 |
| Change (%) | -3.86% | -1.88% | -0.52% | - | +0.50% | +2.28% | +5.54% |
| Change | -26.56 | -12.95 | -3.57 | - | +3.47 | +15.69 | +38.08 |
| Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 677.36 | 680.64 | 684.08 | 687.36 | 690.80 | 694.08 | 697.52 |
| Camarilla | 685.66 | 686.28 | 686.89 | 687.51 | 688.13 | 688.74 | 689.36 |
| Woodie | 677.43 | 680.68 | 684.15 | 687.40 | 690.87 | 694.12 | 697.59 |
| Fibonacci | 680.64 | 683.21 | 684.80 | 687.36 | 689.93 | 691.52 | 694.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 620.71 | 637.16 | 670.06 | 686.51 | 719.41 | 735.86 | 768.76 |
| Camarilla | 689.39 | 693.91 | 698.44 | 702.96 | 707.48 | 712.01 | 716.53 |
| Woodie | 628.94 | 641.27 | 678.29 | 690.62 | 727.64 | 739.97 | 776.99 |
| Fibonacci | 637.16 | 656.01 | 667.66 | 686.51 | 705.36 | 717.01 | 735.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 507.72 | 543.33 | 603.18 | 638.79 | 698.64 | 734.25 | 794.10 |
| Camarilla | 636.78 | 645.53 | 654.28 | 663.03 | 671.78 | 680.53 | 689.28 |
| Woodie | 519.84 | 549.39 | 615.30 | 644.85 | 710.76 | 740.31 | 806.22 |
| Fibonacci | 543.33 | 579.80 | 602.32 | 638.79 | 675.26 | 697.78 | 734.25 |
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): | 54.65 | |
| MACD (12,26,9): | 1.4900 | |
| Directional Movement: | -2.31 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 692.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 685.28 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 684.98 | |
| Zig ZAG (10): | 690.34 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 52.29 | |
| TEMA (21): | 691.03 | |
| Williams %R (14): | -54.37 | |
| Chande Momentum Oscillator (20): | 3.45 | |
| Repulse (5,40,3): | -0.5300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.33 |
| MA7: | 685.63 | |
| MA20: | 669.74 | |
| MA50: | 635.91 | |
| MA100: | 598.67 | |
| MAexp7: | 690.82 | |
| MAexp20: | 690.26 | |
| MAexp50: | 685.80 | |
| MAexp100: | 677.20 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +2.62% | |
| Price / MA50: | +8.08% | |
| Price / MA100: | +14.80% | |
| Price / MAexp7: | -0.51% | |
| Price / MAexp20: | -0.43% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +1.49% |
Quotes :
-
15 min delayed data
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STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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