STXE 600 INSUR EUR (PRICE)

SXIP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	SXIP
ISIN:	EU0009658822

STXE 600 INSUR EUR (PRICE) - Daily - Technical analysis published on 06/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 330.27 EUR

My targets

307.84 EUR (-4.30%)

302.03 EUR (-6.10%)

My analysis

The bearish trend is currently very strong for STXE 600 INSUR EUR (PRICE). As long as the price remains below the resistance at 330.27 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 307.84 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 302.03 EUR as an objective. Crossing it would then enable sellers to target 285.85 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

6.8

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

The STXE 600 INSUR EUR (PRICE) price is 321.66 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 319.31 EUR and the highest point at 322.93 EUR. The deviation from the price is +0.74% for the low point and -0.39% for the high point.

319.31

322.93

321.66

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:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of STXE 600 INSUR EUR (PRICE) in Daily shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong 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 shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	302.03	307.84	318.76	321.66	330.27	342.46
Change (%)	-6.10%	-4.30%	-0.90%	-	+2.68%	+6.47%
Change	-19.63	-13.82	-2.90	-	+8.61	+20.80
Level	Intermediate	Major	Major	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	317.20	319.41	320.57	322.78	323.94	326.15	327.31
Camarilla	320.79	321.10	321.41	321.72	322.03	322.34	322.65
Woodie	316.67	319.15	320.04	322.52	323.41	325.89	326.78
Fibonacci	319.41	320.70	321.50	322.78	324.07	324.87	326.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	308.89	315.01	318.78	324.90	328.67	334.79	338.56
Camarilla	319.83	320.74	321.64	322.55	323.46	324.36	325.27
Woodie	307.72	314.42	317.61	324.31	327.50	334.20	337.39
Fibonacci	315.01	318.79	321.12	324.90	328.68	331.01	334.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	293.57	305.84	312.27	324.54	330.97	343.24	349.67
Camarilla	313.56	315.27	316.99	318.70	320.41	322.13	323.84
Woodie	290.65	304.38	309.35	323.08	328.05	341.78	346.75
Fibonacci	305.84	312.98	317.40	324.54	331.68	336.10	343.24

Numerical data

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

Technical indicators

Moving averages

RSI (14):	44.55
MACD (12,26,9):	-0.9900
Directional Movement:	-8.95
AROON (14):	50.00
DEMA (21):	323.44
Parabolic SAR (0,02-0,02-0,2):	331.02
Elder Ray (13):	-2.97
Super Trend (3,10):	333.66
Zig ZAG (10):	321.66
VORTEX (21):	0.9200
Stochastique (14,3,5):	29.72
TEMA (21):	322.79
Williams %R (14):	-72.50
Chande Momentum Oscillator (20):	-2.50
Repulse (5,40,3):	-0.9800
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	1.17

MA7:	324.30
MA20:	324.81
MA50:	326.94
MA100:	328.79
MAexp7:	323.34
MAexp20:	324.69
MAexp50:	325.79
MAexp100:	324.85
Price / MA7:	-0.81%
Price / MA20:	-0.97%
Price / MA50:	-1.61%
Price / MA100:	-2.17%
Price / MAexp7:	-0.52%
Price / MAexp20:	-0.93%
Price / MAexp50:	-1.27%
Price / MAexp100:	-0.98%

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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