ESTOXX50 PRICE EUR INDEX

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	SX5E
ISIN:	EU0009658145

ESTOXX50 PRICE EUR INDEX - 1H - Technical analysis published on 04/03/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

56%

My opinion

Bullish above 4,297.40 EUR

My targets

4,401.49 EUR (+2.04%)

My analysis

The bullish trend is currently very strong on ESTOXX50 PRICE EUR INDEX. As long as the price remains above the support at 4,297.40 EUR, you could try to benefit from the boom. The first bullish objective is located at 4,401.49 EUR. The bullish momentum would be boosted by a break in this resistance. 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.

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

7.1

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ESTOXX50 PRICE EUR INDEX price is 4,313.48 EUR. The price registered a decrease of -0.04% on the session and was traded between 4,310.71 EUR and 4,329.29 EUR over the period. The price is currently at +0.06% from its lowest and -0.37% from its highest.

4,310.71

4,329.29

4,313.48

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ESTOXX50 PRICE EUR INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	4,214.40	4,246.13	4,297.40	4,313.48	4,323.82	4,401.49
Change (%)	-2.30%	-1.56%	-0.37%	-	+0.24%	+2.04%
Change	-99.08	-67.35	-16.08	-	+10.34	+88.01
Level	Intermediate	Intermediate	Minor	-	Intermediate	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
Standard	4,240.10	4,259.20	4,287.13	4,306.23	4,334.16	4,353.26	4,381.19
Camarilla	4,302.12	4,306.43	4,310.74	4,315.05	4,319.36	4,323.67	4,327.98
Woodie	4,244.51	4,261.41	4,291.54	4,308.44	4,338.57	4,355.47	4,385.60
Fibonacci	4,259.20	4,277.17	4,288.27	4,306.23	4,324.20	4,335.30	4,353.26

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,999.25	4,066.52	4,190.79	4,258.06	4,382.33	4,449.60	4,573.87
Camarilla	4,262.38	4,279.93	4,297.49	4,315.05	4,332.61	4,350.17	4,367.72
Woodie	4,027.74	4,080.77	4,219.28	4,272.31	4,410.82	4,463.85	4,602.36
Fibonacci	4,066.52	4,139.69	4,184.90	4,258.06	4,331.23	4,376.44	4,449.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,744.48	3,862.71	4,088.88	4,207.11	4,433.28	4,551.51	4,777.68
Camarilla	4,220.34	4,251.91	4,283.48	4,315.05	4,346.62	4,378.19	4,409.76
Woodie	3,798.45	3,889.70	4,142.85	4,234.10	4,487.25	4,578.50	4,831.65
Fibonacci	3,862.71	3,994.27	4,075.55	4,207.11	4,338.67	4,419.95	4,551.51

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):	65.85
MACD (12,26,9):	20.3300
Directional Movement:	14.49
AROON (14):	50.00
DEMA (21):	4,333.31
Parabolic SAR (0,02-0,02-0,2):	4,327.68
Elder Ray (13):	0.92
Super Trend (3,10):	4,289.95
Zig ZAG (10):	4,315.98
VORTEX (21):	1.1000
Stochastique (14,3,5):	66.20
TEMA (21):	4,329.99
Williams %R (14):	-45.47
Chande Momentum Oscillator (20):	15.17
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	1.28

MA7:	4,230.57
MA20:	4,194.60
MA50:	4,213.90
MA100:	4,083.70
MAexp7:	4,318.50
MAexp20:	4,303.57
MAexp50:	4,261.32
MAexp100:	4,226.41
Price / MA7:	+1.96%
Price / MA20:	+2.83%
Price / MA50:	+2.36%
Price / MA100:	+5.63%
Price / MAexp7:	-0.12%
Price / MAexp20:	+0.23%
Price / MAexp50:	+1.22%
Price / MAexp100:	+2.06%

Quotes : - 15 min delayed data - STOXX Indices

News

Don't forget to follow the news on ESTOXX50 PRICE EUR INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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