EURONEXT 100 - 1H - Technical analysis published on 02/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 1,335.02 EUR
My targets
1,388.09 EUR (+2.48%)
My analysis
The bullish trend is currently very strong on EURONEXT 100. As long as the price remains above the support at 1,335.02 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,388.09 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.
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
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EURONEXT 100 rating is 1,354.47 EUR. On the day, this instrument lost -0.03% with the lowest point at 1,351.57 EUR and the highest point at 1,366.03 EUR. The deviation from the price is +0.21% for the low point and -0.85% for the high point.1,351.57
1,366.03
1,354.47
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 EURONEXT 100 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,322.89 | 1,335.02 | 1,351.53 | 1,354.47 | 1,356.04 | 1,388.09 |
| Change (%) | -2.33% | -1.44% | -0.22% | - | +0.12% | +2.48% |
| Change | -31.58 | -19.45 | -2.94 | - | +1.57 | +33.62 |
| Level | Minor | Major | Minor | - | Major | Major |
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 | 1,330.05 | 1,335.36 | 1,345.13 | 1,350.44 | 1,360.21 | 1,365.52 | 1,375.29 |
| Camarilla | 1,350.76 | 1,352.15 | 1,353.53 | 1,354.91 | 1,356.29 | 1,357.68 | 1,359.06 |
| Woodie | 1,332.29 | 1,336.48 | 1,347.37 | 1,351.56 | 1,362.45 | 1,366.64 | 1,377.53 |
| Fibonacci | 1,335.36 | 1,341.12 | 1,344.68 | 1,350.44 | 1,356.20 | 1,359.76 | 1,365.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,302.80 | 1,316.79 | 1,328.59 | 1,342.58 | 1,354.38 | 1,368.37 | 1,380.17 |
| Camarilla | 1,333.30 | 1,335.66 | 1,338.03 | 1,340.39 | 1,342.75 | 1,345.12 | 1,347.48 |
| Woodie | 1,301.71 | 1,316.24 | 1,327.50 | 1,342.03 | 1,353.29 | 1,367.82 | 1,379.08 |
| Fibonacci | 1,316.79 | 1,326.64 | 1,332.73 | 1,342.58 | 1,352.43 | 1,358.52 | 1,368.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,149.48 | 1,191.05 | 1,259.21 | 1,300.78 | 1,368.94 | 1,410.51 | 1,478.67 |
| Camarilla | 1,297.19 | 1,307.25 | 1,317.31 | 1,327.37 | 1,337.43 | 1,347.49 | 1,357.55 |
| Woodie | 1,162.78 | 1,197.70 | 1,272.51 | 1,307.43 | 1,382.24 | 1,417.16 | 1,491.97 |
| Fibonacci | 1,191.05 | 1,232.97 | 1,258.86 | 1,300.78 | 1,342.70 | 1,368.59 | 1,410.51 |
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): | 70.25 | |
| MACD (12,26,9): | 4.6300 | |
| Directional Movement: | 19.13 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 1,360.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,366.03 | |
| Elder Ray (13): | 5.53 | |
| Super Trend (3,10): | 1,351.69 | |
| Zig ZAG (10): | 1,363.28 | |
| VORTEX (21): | 1.3800 | |
| Stochastique (14,3,5): | 72.63 | |
| TEMA (21): | 1,362.52 | |
| Williams %R (14): | -15.33 | |
| Chande Momentum Oscillator (20): | 11.81 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.31 |
| MA7: | 1,345.49 | |
| MA20: | 1,335.62 | |
| MA50: | 1,297.94 | |
| MA100: | 1,248.76 | |
| MAexp7: | 1,359.43 | |
| MAexp20: | 1,354.41 | |
| MAexp50: | 1,348.44 | |
| MAexp100: | 1,342.35 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +4.36% | |
| Price / MA100: | +8.47% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.45% | |
| Price / MAexp100: | +0.90% |
Quotes :
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15 min delayed data
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Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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