ESTX AUT&PRT EUR (PRICE)
SXAE
- EUR (-)
- 15 min delayed data - STOXX Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: SXAE
ISIN: EU0009658301

ESTX AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 04/06/2023 (GMT)

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  • 04/06/2023 - 16:03
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  • Timeframe : 1H
  • - Analysis generated on 04/06/2023 - 16:03
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
56%
11%
My opinion
Bearish under 583.76 EUR
My targets
570.08 EUR (-1.90%)
554.07 EUR (-4.65%)
My analysis
The bearish trend is currently very strong for ESTX AUT&PRT EUR (PRICE). As long as the price remains below the resistance at 583.76 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 570.08 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 554.07 EUR as an objective. Crossing it would then enable sellers to target 539.67 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The ESTX AUT&PRT EUR (PRICE) price is 581.10 EUR. The price is lower by -0.10% since the last closing and was between 576.86 EUR and 583.38 EUR. This implies that the price is at +0.74% from its lowest and at -0.39% from its highest.

576.86
583.38
581.10

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-75075150January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ESTX AUT&PRT EUR (PRICE) in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 2 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 539.67 554.07 570.08 581.10 583.76 593.66 608.45
Change (%) -7.13% -4.65% -1.90% - +0.46% +2.16% +4.71%
Change -41.43 -27.03 -11.02 - +2.66 +12.56 +27.35
Level Major Minor Intermediate - Major Minor 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
Standard559.60569.59575.63585.62591.66601.65607.69
Camarilla577.25578.72580.19581.66583.13584.60586.07
Woodie557.62568.60573.65584.63589.68600.66605.71
Fibonacci569.59575.72579.50585.62591.75595.53601.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard557.90565.55580.33587.98602.76610.41625.19
Camarilla588.94591.00593.05595.11597.17599.22601.28
Woodie561.47567.33583.90589.76606.33612.19628.76
Fibonacci565.55574.12579.41587.98596.55601.84610.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard476.91515.49555.30593.88633.69672.27712.08
Camarilla573.55580.74587.92595.11602.30609.48616.67
Woodie477.53515.80555.92594.19634.31672.58712.70
Fibonacci515.49545.44563.94593.88623.83642.33672.27

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 38.82
MACD (12,26,9): -3.3900
Directional Movement: -22.02
AROON (14): -78.57
DEMA (21): 579.66
Parabolic SAR (0,02-0,02-0,2): 576.86
Elder Ray (13): -1.24
Super Trend (3,10): 586.71
Zig ZAG (10): 581.39
VORTEX (21): 0.6700
Stochastique (14,3,5): 32.82
TEMA (21): 577.47
Williams %R (14): -57.13
Chande Momentum Oscillator (20): -1.72
Repulse (5,40,3): 0.2200
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 2.69
MA7: 589.19
MA20: 585.41
MA50: 593.80
MA100: 563.43
MAexp7: 580.70
MAexp20: 584.01
MAexp50: 587.34
MAexp100: 588.11
Price / MA7: -1.37%
Price / MA20: -0.74%
Price / MA50: -2.14%
Price / MA100: +3.14%
Price / MAexp7: +0.07%
Price / MAexp20: -0.50%
Price / MAexp50: -1.06%
Price / MAexp100: -1.19%

Quotes : 04/06/2023 - 15:30 - 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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