STXE 600 INSUR EUR (PRICE) - 1H - Technical analysis published on 08/24/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 324.43 EUR
My targets
320.58 EUR (-0.52%)
319.28 EUR (-0.92%)
My analysis
The bearish basic trend is very strong on STXE 600 INSUR 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 324.43 EUR. Crossing the first support at 320.58 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 319.28 EUR as an objective. Crossing it would then enable sellers to target 317.16 EUR. Caution, a return to above the resistance located at 324.43 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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Additional analysis
Quotes
STXE 600 INSUR EUR (PRICE) rating 322.25 EUR. The price registered a decrease of -0.01% on the session and was traded between 321.50 EUR and 324.91 EUR over the period. The price is currently at +0.23% from its lowest and -0.82% from its highest.321.50
324.91
322.25
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 INSUR EUR (PRICE):
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STXE 600 INSUR EUR (PRICE) indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. 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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 317.16 | 319.28 | 320.58 | 322.25 | 322.44 | 324.43 | 326.33 |
| Change (%) | -1.58% | -0.92% | -0.52% | - | +0.06% | +0.68% | +1.27% |
| Change | -5.09 | -2.97 | -1.67 | - | +0.19 | +2.18 | +4.08 |
| Level | Minor | Major | 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 | 317.37 | 319.21 | 320.75 | 322.59 | 324.13 | 325.97 | 327.51 |
| Camarilla | 321.36 | 321.67 | 321.98 | 322.29 | 322.60 | 322.91 | 323.22 |
| Woodie | 317.22 | 319.14 | 320.60 | 322.52 | 323.98 | 325.90 | 327.36 |
| Fibonacci | 319.21 | 320.50 | 321.30 | 322.59 | 323.88 | 324.68 | 325.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 308.44 | 313.63 | 317.29 | 322.48 | 326.14 | 331.33 | 334.99 |
| Camarilla | 318.51 | 319.32 | 320.13 | 320.94 | 321.75 | 322.56 | 323.37 |
| Woodie | 307.67 | 313.25 | 316.52 | 322.10 | 325.37 | 330.95 | 334.22 |
| Fibonacci | 313.63 | 317.01 | 319.10 | 322.48 | 325.86 | 327.95 | 331.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 291.25 | 300.83 | 314.64 | 324.22 | 338.03 | 347.61 | 361.42 |
| Camarilla | 322.01 | 324.15 | 326.30 | 328.44 | 330.58 | 332.73 | 334.87 |
| Woodie | 293.36 | 301.89 | 316.75 | 325.28 | 340.14 | 348.67 | 363.53 |
| Fibonacci | 300.83 | 309.77 | 315.29 | 324.22 | 333.16 | 338.68 | 347.61 |
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): | 47.80 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | 4.82 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 322.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 324.13 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 321.08 | |
| Zig ZAG (10): | 322.25 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 33.82 | |
| TEMA (21): | 322.61 | |
| Williams %R (14): | -78.01 | |
| Chande Momentum Oscillator (20): | -0.26 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.35 |
| MA7: | 322.04 | |
| MA20: | 323.76 | |
| MA50: | 321.88 | |
| MA100: | 324.45 | |
| MAexp7: | 322.52 | |
| MAexp20: | 322.64 | |
| MAexp50: | 322.80 | |
| MAexp100: | 323.22 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | -0.47% | |
| Price / MA50: | +0.11% | |
| Price / MA100: | -0.68% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | -0.30% |
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.
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