STXE 600 CNS&MAT EUR (PRICE) - 1H - Technical analysis published on 11/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 519.04 EUR
My targets
530.82 EUR (+0.61%)
543.17 EUR (+2.95%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on STXE 600 CNS&MAT EUR (PRICE) as long as the price remains well above 519.04 EUR. The buyers' bullish objective is set at 530.82 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 543.17 EUR. If there is any crossing, the next objective would be the resistance located at 575.80 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
6.8
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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 CNS&MAT EUR (PRICE) rating 527.61 EUR. On the day, this instrument lost -0.03% and was traded between 524.21 EUR and 530.10 EUR over the period. The price is currently at +0.65% from its lowest and -0.47% from its highest.524.21
530.10
527.61
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STXE 600 CNS&MAT EUR (PRICE) indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 499.08 | 509.76 | 519.04 | 527.61 | 530.82 | 543.17 | 575.80 |
| Change (%) | -5.41% | -3.38% | -1.62% | - | +0.61% | +2.95% | +9.13% |
| Change | -28.53 | -17.85 | -8.57 | - | +3.21 | +15.56 | +48.19 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Major | Major |
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 | 513.66 | 516.90 | 522.33 | 525.57 | 531.00 | 534.24 | 539.67 |
| Camarilla | 525.38 | 526.17 | 526.97 | 527.76 | 528.56 | 529.35 | 530.14 |
| Woodie | 514.76 | 517.45 | 523.43 | 526.12 | 532.10 | 534.79 | 540.77 |
| Fibonacci | 516.90 | 520.21 | 522.26 | 525.57 | 528.88 | 530.93 | 534.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 489.62 | 503.99 | 515.87 | 530.24 | 542.12 | 556.49 | 568.37 |
| Camarilla | 520.54 | 522.95 | 525.35 | 527.76 | 530.17 | 532.57 | 534.98 |
| Woodie | 488.39 | 503.37 | 514.64 | 529.62 | 540.89 | 555.87 | 567.14 |
| Fibonacci | 503.99 | 514.01 | 520.21 | 530.24 | 540.26 | 546.46 | 556.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 409.73 | 428.08 | 464.00 | 482.35 | 518.27 | 536.62 | 572.54 |
| Camarilla | 484.99 | 489.96 | 494.94 | 499.91 | 504.89 | 509.86 | 514.83 |
| Woodie | 418.51 | 432.47 | 472.78 | 486.74 | 527.05 | 541.01 | 581.32 |
| Fibonacci | 428.08 | 448.81 | 461.62 | 482.35 | 503.08 | 515.89 | 536.62 |
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): | 57.48 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 14.08 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 526.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 524.69 | |
| Elder Ray (13): | 2.84 | |
| Super Trend (3,10): | 523.30 | |
| Zig ZAG (10): | 528.55 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 74.20 | |
| TEMA (21): | 526.94 | |
| Williams %R (14): | -38.54 | |
| Chande Momentum Oscillator (20): | 0.80 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.30 |
| MA7: | 531.51 | |
| MA20: | 512.95 | |
| MA50: | 489.78 | |
| MA100: | 500.11 | |
| MAexp7: | 527.04 | |
| MAexp20: | 526.37 | |
| MAexp50: | 526.16 | |
| MAexp100: | 521.00 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | +2.86% | |
| Price / MA50: | +7.72% | |
| Price / MA100: | +5.50% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +1.27% |
Quotes :
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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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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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