EURONEXT 100 - 1H - Technical analysis published on 09/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 1,475.66 EUR
My targets
1,447.13 EUR (-0.37%)
1,438.21 EUR (-0.98%)
My analysis
EURONEXT 100 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,475.66 EUR. The next support located at 1,447.13 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,438.21 EUR. Below this support, sellers could then target 1,426.89 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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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 price is 1,452.46 EUR. The price registered a decrease of -0.03% on the session and was between 1,451.37 EUR and 1,461.22 EUR. This implies that the price is at +0.08% from its lowest and at -0.60% from its highest.1,451.37
1,461.22
1,452.46
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EURONEXT 100:
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 strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,426.89 | 1,438.21 | 1,447.13 | 1,452.46 | 1,454.34 | 1,475.66 | 1,485.04 |
| Change (%) | -1.76% | -0.98% | -0.37% | - | +0.13% | +1.60% | +2.24% |
| Change | -25.57 | -14.25 | -5.33 | - | +1.88 | +23.20 | +32.58 |
| Level | Major | Major | 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 | 1,426.07 | 1,433.31 | 1,443.07 | 1,450.31 | 1,460.07 | 1,467.31 | 1,477.07 |
| Camarilla | 1,448.17 | 1,449.72 | 1,451.28 | 1,452.84 | 1,454.40 | 1,455.96 | 1,457.52 |
| Woodie | 1,427.34 | 1,433.94 | 1,444.34 | 1,450.94 | 1,461.34 | 1,467.94 | 1,478.34 |
| Fibonacci | 1,433.31 | 1,439.80 | 1,443.81 | 1,450.31 | 1,456.80 | 1,460.81 | 1,467.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,351.54 | 1,394.87 | 1,417.47 | 1,460.80 | 1,483.40 | 1,526.73 | 1,549.33 |
| Camarilla | 1,421.93 | 1,427.97 | 1,434.02 | 1,440.06 | 1,446.10 | 1,452.15 | 1,458.19 |
| Woodie | 1,341.17 | 1,389.69 | 1,407.10 | 1,455.62 | 1,473.03 | 1,521.55 | 1,538.96 |
| Fibonacci | 1,394.87 | 1,420.06 | 1,435.62 | 1,460.80 | 1,485.99 | 1,501.55 | 1,526.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,273.74 | 1,321.87 | 1,410.12 | 1,458.25 | 1,546.50 | 1,594.63 | 1,682.88 |
| Camarilla | 1,460.87 | 1,473.37 | 1,485.87 | 1,498.37 | 1,510.87 | 1,523.37 | 1,535.88 |
| Woodie | 1,293.80 | 1,331.90 | 1,430.18 | 1,468.28 | 1,566.56 | 1,604.66 | 1,702.94 |
| Fibonacci | 1,321.87 | 1,373.97 | 1,406.15 | 1,458.25 | 1,510.35 | 1,542.53 | 1,594.63 |
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): | 44.73 | |
| MACD (12,26,9): | -2.3000 | |
| Directional Movement: | -2.47 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1,450.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,443.47 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 1,463.02 | |
| Zig ZAG (10): | 1,452.14 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 66.72 | |
| TEMA (21): | 1,453.66 | |
| Williams %R (14): | -46.62 | |
| Chande Momentum Oscillator (20): | 1.24 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.51 |
| MA7: | 1,464.33 | |
| MA20: | 1,474.08 | |
| MA50: | 1,476.22 | |
| MA100: | 1,499.60 | |
| MAexp7: | 1,454.02 | |
| MAexp20: | 1,454.92 | |
| MAexp50: | 1,462.96 | |
| MAexp100: | 1,469.13 | |
| Price / MA7: | -0.81% | |
| Price / MA20: | -1.47% | |
| Price / MA50: | -1.61% | |
| Price / MA100: | -3.14% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.72% | |
| Price / MAexp100: | -1.13% |
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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