S&P EUROPE 350

SPE350

- EUR (-)

- End-of-day data - S&P Indices

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Type:	Indices
Ticker:	SPE350
ISIN:	SPE350

S&P EUROPE 350 - Daily - Technical analysis published on 12/27/2022 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

22%

39%

My opinion

Neutral between 1,693.20 EUR and 1,791.78 EUR

My targets

My analysis

The short-term decline on S&P EUROPE 350 remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1,693.20 EUR. The first resistance is located at 1,791.78 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

Comment on the analysis

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.

Additional analysis

Quotes

The S&P EUROPE 350 price is 1,730.36 EUR. On the day, this instrument lost -0.08% and was traded between 1,725.05 EUR and 1,739.47 EUR over the period. The price is currently at +0.31% from its lowest and -0.52% from its highest.

1,725.05

1,739.47

1,730.36

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of S&P EUROPE 350 indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,555.61	1,623.00	1,693.20	1,730.36	1,730.60	1,791.78	1,831.03
Change (%)	-10.10%	-6.20%	-2.15%	-	+0.01%	+3.55%	+5.82%
Change	-174.75	-107.36	-37.16	-	+0.24	+61.42	+100.67
Level	Minor	Intermediate	Major	-	Intermediate	Major	Minor

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
Standard	1,713.83	1,719.46	1,729.67	1,735.30	1,745.51	1,751.14	1,761.35
Camarilla	1,735.52	1,736.98	1,738.43	1,739.88	1,741.33	1,742.78	1,744.24
Woodie	1,716.12	1,720.61	1,731.96	1,736.45	1,747.80	1,752.29	1,763.64
Fibonacci	1,719.46	1,725.51	1,729.25	1,735.30	1,741.35	1,745.09	1,751.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,713.83	1,719.46	1,729.67	1,735.30	1,745.51	1,751.14	1,761.35
Camarilla	1,735.52	1,736.98	1,738.43	1,739.88	1,741.33	1,742.78	1,744.24
Woodie	1,716.12	1,720.61	1,731.96	1,736.45	1,747.80	1,752.29	1,763.64
Fibonacci	1,719.46	1,725.51	1,729.25	1,735.30	1,741.35	1,745.09	1,751.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,548.52	1,596.72	1,690.71	1,738.91	1,832.90	1,881.10	1,975.09
Camarilla	1,745.60	1,758.63	1,771.67	1,784.70	1,797.73	1,810.77	1,823.80
Woodie	1,571.42	1,608.17	1,713.61	1,750.36	1,855.80	1,892.55	1,997.99
Fibonacci	1,596.72	1,651.04	1,684.59	1,738.91	1,793.23	1,826.78	1,881.10

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):	46.46
MACD (12,26,9):	-0.7400
Directional Movement:	-1.09
AROON (14):	-35.71
DEMA (21):	1,754.18
Parabolic SAR (0,02-0,02-0,2):	1,785.36
Elder Ray (13):	-16.82
Super Trend (3,10):	1,785.55
Zig ZAG (10):	1,734.91
VORTEX (21):	0.9100
Stochastique (14,3,5):	29.72
TEMA (21):	1,735.70
Williams %R (14):	-73.29
Chande Momentum Oscillator (20):	-31.62
Repulse (5,40,3):	0.4300
ROCnROLL:	-1
TRIX (15,9):	0.0700
Courbe Coppock:	4.93

MA7:	1,731.25
MA20:	1,763.39
MA50:	1,723.60
MA100:	1,699.87
MAexp7:	1,739.23
MAexp20:	1,749.40
MAexp50:	1,730.45
MAexp100:	1,719.33
Price / MA7:	-0.05%
Price / MA20:	-1.87%
Price / MA50:	+0.39%
Price / MA100:	+1.79%
Price / MAexp7:	-0.51%
Price / MAexp20:	-1.09%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.64%

Quotes : - End-of-day data - S&P Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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