ESTX AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 07/20/2023 (GMT)
- 133
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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
44%
0%
56%
My opinion
Bullish above 609.93 EUR
My targets
617.78 EUR (+0.79%)
622.41 EUR (+1.55%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ESTX AUT&PRT EUR (PRICE) as long as the price remains well above 609.93 EUR. The buyers' bullish objective is set at 617.78 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 622.41 EUR. If there is any crossing, the next objective would be the resistance located at 630.06 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
5
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 ESTX AUT&PRT EUR (PRICE) price is 612.93 EUR. The price registered a decrease of -0.06% on the session and was between 609.24 EUR and 614.89 EUR. This implies that the price is at +0.61% from its lowest and at -0.32% from its highest.609.24
614.89
612.93
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ESTX AUT&PRT EUR (PRICE) in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 594.68 | 598.50 | 609.93 | 612.93 | 614.36 | 617.78 | 622.41 |
| Change (%) | -2.98% | -2.35% | -0.49% | - | +0.23% | +0.79% | +1.55% |
| Change | -18.25 | -14.43 | -3.00 | - | +1.43 | +4.85 | +9.48 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 602.21 | 606.05 | 609.66 | 613.50 | 617.11 | 620.95 | 624.56 |
| Camarilla | 611.22 | 611.90 | 612.59 | 613.27 | 613.95 | 614.64 | 615.32 |
| Woodie | 602.10 | 605.99 | 609.55 | 613.44 | 617.00 | 620.89 | 624.45 |
| Fibonacci | 606.05 | 608.90 | 610.65 | 613.50 | 616.35 | 618.10 | 620.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 579.89 | 588.30 | 600.94 | 609.35 | 621.99 | 630.40 | 643.04 |
| Camarilla | 607.78 | 609.71 | 611.64 | 613.57 | 615.50 | 617.43 | 619.36 |
| Woodie | 582.00 | 589.36 | 603.05 | 610.41 | 624.10 | 631.46 | 645.15 |
| Fibonacci | 588.30 | 596.34 | 601.31 | 609.35 | 617.39 | 622.36 | 630.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 529.28 | 550.57 | 583.75 | 605.04 | 638.22 | 659.51 | 692.69 |
| Camarilla | 601.95 | 606.94 | 611.94 | 616.93 | 621.92 | 626.92 | 631.91 |
| Woodie | 535.23 | 553.54 | 589.70 | 608.01 | 644.17 | 662.48 | 698.64 |
| Fibonacci | 550.57 | 571.38 | 584.23 | 605.04 | 625.85 | 638.70 | 659.51 |
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): | 50.22 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 2.26 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 613.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 609.35 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 615.29 | |
| Zig ZAG (10): | 612.73 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 75.72 | |
| TEMA (21): | 613.22 | |
| Williams %R (14): | -32.74 | |
| Chande Momentum Oscillator (20): | 1.66 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 613.04 | |
| MA20: | 608.18 | |
| MA50: | 599.93 | |
| MA100: | 595.21 | |
| MAexp7: | 613.16 | |
| MAexp20: | 612.75 | |
| MAexp50: | 611.91 | |
| MAexp100: | 610.87 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | +2.17% | |
| Price / MA100: | +2.98% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.34% |
Quotes :
-
15 min delayed data
-
STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ESTX AUT&PRT EUR (PRICE) - 1H