STXE 600 CNS&MAT EUR (PRICE)

SXOP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXOP
ISIN:	EU0009658889

STXE 600 CNS&MAT EUR (PRICE) - Daily - Technical analysis published on 09/08/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 530.82 EUR

My targets

482.38 EUR (-4.03%)

466.49 EUR (-7.19%)

My analysis

The bearish trend is currently very strong for STXE 600 CNS&MAT EUR (PRICE). As long as the price remains below the resistance at 530.82 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 482.38 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 466.49 EUR as an objective. Crossing it would then enable sellers to target 364.61 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.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.7

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 CNS&MAT EUR (PRICE) rating is 502.62 EUR. The price is lower by -0.01% since the last closing with the lowest point at 501.48 EUR and the highest point at 506.55 EUR. The deviation from the price is +0.23% for the low point and -0.78% for the high point.

501.48

506.55

502.62

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STXE 600 CNS&MAT EUR (PRICE):

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of STXE 600 CNS&MAT EUR (PRICE) indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	364.61	466.49	482.38	502.62	530.82	575.80	608.09
Change (%)	-27.46%	-7.19%	-4.03%	-	+5.61%	+14.56%	+20.98%
Change	-138.01	-36.13	-20.24	-	+28.20	+73.18	+105.47
Level	Intermediate	Intermediate	Major	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	489.13	492.35	497.51	500.73	505.89	509.11	514.27
Camarilla	500.37	501.13	501.90	502.67	503.44	504.21	504.98
Woodie	490.10	492.84	498.48	501.22	506.86	509.60	515.24
Fibonacci	492.35	495.55	497.53	500.73	503.93	505.91	509.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	467.86	478.46	492.26	502.86	516.66	527.26	541.06
Camarilla	499.36	501.60	503.83	506.07	508.31	510.54	512.78
Woodie	469.47	479.26	493.87	503.66	518.27	528.06	542.67
Fibonacci	478.46	487.78	493.54	502.86	512.18	517.94	527.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	436.86	466.98	483.08	513.20	529.30	559.42	575.52
Camarilla	486.46	490.70	494.93	499.17	503.41	507.64	511.88
Woodie	429.84	463.48	476.06	509.70	522.28	555.92	568.50
Fibonacci	466.98	484.64	495.55	513.20	530.86	541.77	559.42

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):	44.78
MACD (12,26,9):	-4.9700
Directional Movement:	-5.19
AROON (14):	-64.29
DEMA (21):	503.39
Parabolic SAR (0,02-0,02-0,2):	507.99
Elder Ray (13):	-1.26
Super Trend (3,10):	521.39
Zig ZAG (10):	502.24
VORTEX (21):	0.8700
Stochastique (14,3,5):	28.18
TEMA (21):	497.27
Williams %R (14):	-66.71
Chande Momentum Oscillator (20):	-12.47
Repulse (5,40,3):	0.1500
ROCnROLL:	2
TRIX (15,9):	-0.0800
Courbe Coppock:	10.79

MA7:	499.39
MA20:	513.98
MA50:	508.64
MA100:	518.48
MAexp7:	501.92
MAexp20:	508.57
MAexp50:	512.58
MAexp100:	523.15
Price / MA7:	+0.65%
Price / MA20:	-2.21%
Price / MA50:	-1.18%
Price / MA100:	-3.06%
Price / MAexp7:	+0.14%
Price / MAexp20:	-1.17%
Price / MAexp50:	-1.94%
Price / MAexp100:	-3.92%

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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