STXE 600 BAS RES EUR (PRICE) - 1H - Technical analysis published on 09/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 549.70 EUR
My targets
554.82 EUR (+0.59%)
560.83 EUR (+1.68%)
My analysis
The bullish trend is currently very strong on STXE 600 BAS RES EUR (PRICE). As long as the price remains above the support at 549.70 EUR, you could try to benefit from the boom. The first bullish objective is located at 554.82 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 560.83 EUR as an objective. Crossing it would then enable buyers to target 586.08 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
STXE 600 BAS RES EUR (PRICE) rating 551.57 EUR. On the day, this instrument gained +4.41% and was traded between 536.98 EUR and 554.82 EUR over the period. The price is currently at +2.72% from its lowest and -0.59% from its highest.536.98
554.82
551.57
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this STXE 600 BAS RES EUR (PRICE) chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 536.23 | 542.88 | 549.70 | 551.57 | 554.82 | 560.83 | 586.08 |
| Change (%) | -2.78% | -1.58% | -0.34% | - | +0.59% | +1.68% | +6.26% |
| Change | -15.34 | -8.69 | -1.87 | - | +3.25 | +9.26 | +34.51 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 513.22 | 516.44 | 522.36 | 525.58 | 531.50 | 534.72 | 540.64 |
| Camarilla | 525.77 | 526.60 | 527.44 | 528.28 | 529.12 | 529.96 | 530.79 |
| Woodie | 514.57 | 517.12 | 523.71 | 526.26 | 532.85 | 535.40 | 541.99 |
| Fibonacci | 516.44 | 519.93 | 522.09 | 525.58 | 529.07 | 531.23 | 534.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 476.63 | 493.75 | 508.64 | 525.76 | 540.65 | 557.77 | 572.66 |
| Camarilla | 514.73 | 517.66 | 520.60 | 523.53 | 526.46 | 529.40 | 532.33 |
| Woodie | 475.52 | 493.19 | 507.53 | 525.20 | 539.54 | 557.21 | 571.55 |
| Fibonacci | 493.75 | 505.98 | 513.53 | 525.76 | 537.99 | 545.54 | 557.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 449.60 | 476.88 | 504.84 | 532.12 | 560.08 | 587.36 | 615.32 |
| Camarilla | 517.62 | 522.68 | 527.75 | 532.81 | 537.87 | 542.94 | 548.00 |
| Woodie | 449.95 | 477.05 | 505.19 | 532.29 | 560.43 | 587.53 | 615.67 |
| Fibonacci | 476.88 | 497.98 | 511.02 | 532.12 | 553.22 | 566.26 | 587.36 |
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): | 74.29 | |
| MACD (12,26,9): | 6.9000 | |
| Directional Movement: | 29.38 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 549.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 535.22 | |
| Elder Ray (13): | 6.51 | |
| Super Trend (3,10): | 542.70 | |
| Zig ZAG (10): | 551.57 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 91.07 | |
| TEMA (21): | 553.87 | |
| Williams %R (14): | -9.88 | |
| Chande Momentum Oscillator (20): | 26.29 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 10.57 |
| MA7: | 528.77 | |
| MA20: | 518.61 | |
| MA50: | 529.08 | |
| MA100: | 564.71 | |
| MAexp7: | 550.05 | |
| MAexp20: | 541.82 | |
| MAexp50: | 532.90 | |
| MAexp100: | 526.10 | |
| Price / MA7: | +4.31% | |
| Price / MA20: | +6.36% | |
| Price / MA50: | +4.25% | |
| Price / MA100: | -2.33% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +1.80% | |
| Price / MAexp50: | +3.50% | |
| Price / MAexp100: | +4.84% |
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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