EURONEXT 100 - 1H - Technical analysis published on 03/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1,361.04 EUR
My targets
1,351.55 EUR (-0.35%)
1,344.84 EUR (-0.84%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EURONEXT 100 as long as the price remains well below 1,361.04 EUR. The sellers' bearish objective is set at 1,351.55 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,344.84 EUR. In case of crossing, the next objective would be the support located at 1,336.59 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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Additional analysis
Quotes
The EURONEXT 100 price is 1,356.25 EUR. The price is lower by -0.04% since the last closing with the lowest point at 1,350.77 EUR and the highest point at 1,359.23 EUR. The deviation from the price is +0.41% for the low point and -0.22% for the high point.1,350.77
1,359.23
1,356.25
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EURONEXT 100:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EURONEXT 100 indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
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.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,336.59 | 1,344.84 | 1,351.55 | 1,356.25 | 1,356.57 | 1,361.04 | 1,365.91 |
| Change (%) | -1.45% | -0.84% | -0.35% | - | +0.02% | +0.35% | +0.71% |
| Change | -19.66 | -11.41 | -4.70 | - | +0.32 | +4.79 | +9.66 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | 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 | 1,343.14 | 1,346.96 | 1,351.60 | 1,355.42 | 1,360.06 | 1,363.88 | 1,368.52 |
| Camarilla | 1,353.92 | 1,354.70 | 1,355.48 | 1,356.25 | 1,357.03 | 1,357.80 | 1,358.58 |
| Woodie | 1,343.56 | 1,347.17 | 1,352.02 | 1,355.63 | 1,360.48 | 1,364.09 | 1,368.94 |
| Fibonacci | 1,346.96 | 1,350.19 | 1,352.19 | 1,355.42 | 1,358.65 | 1,360.65 | 1,363.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,310.01 | 1,321.80 | 1,343.52 | 1,355.31 | 1,377.03 | 1,388.82 | 1,410.54 |
| Camarilla | 1,356.04 | 1,359.11 | 1,362.18 | 1,365.25 | 1,368.32 | 1,371.39 | 1,374.47 |
| Woodie | 1,314.99 | 1,324.28 | 1,348.50 | 1,357.79 | 1,382.01 | 1,391.30 | 1,415.52 |
| Fibonacci | 1,321.80 | 1,334.60 | 1,342.51 | 1,355.31 | 1,368.11 | 1,376.02 | 1,388.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,266.29 | 1,295.19 | 1,322.41 | 1,351.31 | 1,378.53 | 1,407.43 | 1,434.65 |
| Camarilla | 1,334.19 | 1,339.33 | 1,344.48 | 1,349.62 | 1,354.76 | 1,359.91 | 1,365.05 |
| Woodie | 1,265.44 | 1,294.77 | 1,321.56 | 1,350.89 | 1,377.68 | 1,407.01 | 1,433.80 |
| Fibonacci | 1,295.19 | 1,316.63 | 1,329.88 | 1,351.31 | 1,372.75 | 1,386.00 | 1,407.43 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.92 | |
| MACD (12,26,9): | -1.7100 | |
| Directional Movement: | -5.22 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1,357.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,350.94 | |
| Elder Ray (13): | -0.73 | |
| Super Trend (3,10): | 1,363.79 | |
| Zig ZAG (10): | 1,357.00 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 35.11 | |
| TEMA (21): | 1,354.72 | |
| Williams %R (14): | -62.87 | |
| Chande Momentum Oscillator (20): | -9.77 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.53 |
| MA7: | 1,356.33 | |
| MA20: | 1,356.62 | |
| MA50: | 1,330.09 | |
| MA100: | 1,285.04 | |
| MAexp7: | 1,356.69 | |
| MAexp20: | 1,358.91 | |
| MAexp50: | 1,359.20 | |
| MAexp100: | 1,357.81 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | +1.97% | |
| Price / MA100: | +5.54% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0.11% |
Quotes :
-
15 min delayed data
-
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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