ESTX AUT&PRT EUR (PRICE)
SXAE
531.11 EUR (+0.60%)
01/10/2025 - 16:35 Closed 15 min delayed data - STOXX Indices
Open: 528.20
Change: +3.14
Volume: 0
Low: 525.22
High: 538.72
High / Low range: 13.50
Type: Indices
Ticker: SXAE
ISIN: EU0009658301

ESTX AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 04/10/2023 (GMT)

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  • 04/10/2023 - 14:03
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  • Timeframe : 1H
  • - Analysis generated on 04/10/2023 - 14:03
  • Status : INVALID

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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 594.38 EUR
My targets
577.28 EUR (-0.64%)
570.08 EUR (-1.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ESTX AUT&PRT EUR (PRICE) as long as the price remains well below 594.38 EUR. The sellers' bearish objective is set at 577.28 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 570.08 EUR. In case of crossing, the next objective would be the support located at 554.07 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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) rating is 581.01 EUR. The price registered a decrease of -0.11% on the session with the lowest point at 576.86 EUR and the highest point at 583.38 EUR. The deviation from the price is +0.72% for the low point and -0.41% for the high point.

576.86
583.38
581.01

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ESTX AUT&PRT EUR (PRICE):
Created with Raphaël 2.3.0-22.5022.54567.590January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of ESTX AUT&PRT EUR (PRICE) indicates that the overall trend is strongly bearish. 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.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several 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 554.07 570.08 577.28 581.01 594.38 608.45 630.06
Change (%) -4.64% -1.88% -0.64% - +2.30% +4.72% +8.44%
Change -26.94 -10.93 -3.73 - +13.37 +27.44 +49.05
Level Minor Intermediate Intermediate - Intermediate Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

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

RSI (14): 38.02
MACD (12,26,9): -3.4200
Directional Movement: -22.02
AROON (14): -78.57
DEMA (21): 579.61
Parabolic SAR (0,02-0,02-0,2): 576.86
Elder Ray (13): -1.18
Super Trend (3,10): 586.71
Zig ZAG (10): 581.01
VORTEX (21): 0.6700
Stochastique (14,3,5): 31.91
TEMA (21): 577.46
Williams %R (14): -58.04
Chande Momentum Oscillator (20): -1.78
Repulse (5,40,3): 0.2000
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 2.69
MA7: 589.19
MA20: 585.40
MA50: 593.79
MA100: 563.43
MAexp7: 580.70
MAexp20: 584.00
MAexp50: 587.33
MAexp100: 588.10
Price / MA7: -1.39%
Price / MA20: -0.75%
Price / MA50: -2.15%
Price / MA100: +3.12%
Price / MAexp7: +0.05%
Price / MAexp20: -0.51%
Price / MAexp50: -1.08%
Price / MAexp100: -1.21%

Quotes : 04/06/2023 - 15:35 - 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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