STXE 600 FIN SVCS EUR (PRICE) - 1H - Technical analysis published on 01/05/2023 (GMT)
- 98
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 580.71 EUR
My targets
592.08 EUR (+1.45%)
605.95 EUR (+3.82%)
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 FIN SVCS EUR (PRICE) as long as the price remains well above 580.71 EUR. The buyers' bullish objective is set at 592.08 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 605.95 EUR. If there is any crossing, the next objective would be the resistance located at 636.83 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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 FIN SVCS EUR (PRICE) price is 583.64 EUR. The price is lower by -0.02% since the last closing and was between 581.51 EUR and 584.06 EUR. This implies that the price is at +0.37% from its lowest and at -0.07% from its highest.581.51
584.06
583.64
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 FIN SVCS EUR (PRICE):
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of STXE 600 FIN SVCS EUR (PRICE) in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 563.46 | 575.75 | 580.71 | 583.64 | 584.69 | 592.08 | 605.95 |
| Change (%) | -3.46% | -1.35% | -0.50% | - | +0.18% | +1.45% | +3.82% |
| Change | -20.18 | -7.89 | -2.93 | - | +1.05 | +8.44 | +22.31 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 572.35 | 574.83 | 579.31 | 581.79 | 586.27 | 588.75 | 593.23 |
| Camarilla | 581.87 | 582.50 | 583.14 | 583.78 | 584.42 | 585.06 | 585.69 |
| Woodie | 573.34 | 575.33 | 580.30 | 582.29 | 587.26 | 589.25 | 594.22 |
| Fibonacci | 574.83 | 577.49 | 579.14 | 581.79 | 584.45 | 586.10 | 588.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 550.13 | 555.98 | 559.83 | 565.68 | 569.53 | 575.38 | 579.23 |
| Camarilla | 561.01 | 561.90 | 562.79 | 563.68 | 564.57 | 565.46 | 566.35 |
| Woodie | 549.13 | 555.48 | 558.83 | 565.18 | 568.53 | 574.88 | 578.23 |
| Fibonacci | 555.98 | 559.69 | 561.98 | 565.68 | 569.39 | 571.68 | 575.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 487.83 | 521.93 | 542.80 | 576.90 | 597.77 | 631.87 | 652.74 |
| Camarilla | 548.56 | 553.60 | 558.64 | 563.68 | 568.72 | 573.76 | 578.80 |
| Woodie | 481.23 | 518.62 | 536.20 | 573.59 | 591.17 | 628.56 | 646.14 |
| Fibonacci | 521.93 | 542.93 | 555.90 | 576.90 | 597.90 | 610.87 | 631.87 |
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): | 68.16 | |
| MACD (12,26,9): | 3.6500 | |
| Directional Movement: | 14.78 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 583.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 577.99 | |
| Elder Ray (13): | 2.20 | |
| Super Trend (3,10): | 576.12 | |
| Zig ZAG (10): | 583.58 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 94.56 | |
| TEMA (21): | 584.94 | |
| Williams %R (14): | -7.29 | |
| Chande Momentum Oscillator (20): | 6.50 | |
| Repulse (5,40,3): | 0.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.34 |
| MA7: | 572.97 | |
| MA20: | 574.63 | |
| MA50: | 583.43 | |
| MA100: | 572.79 | |
| MAexp7: | 582.64 | |
| MAexp20: | 578.58 | |
| MAexp50: | 573.94 | |
| MAexp100: | 573.31 | |
| Price / MA7: | +1.86% | |
| Price / MA20: | +1.57% | |
| Price / MA50: | +0.04% | |
| Price / MA100: | +1.89% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.87% | |
| Price / MAexp50: | +1.69% | |
| Price / MAexp100: | +1.80% |
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 FIN SVCS EUR (PRICE) - 1H