TECH ALL SHARE PERF INDEX - 1H - Technical analysis published on 08/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
6%
61%
33%
My opinion
Bullish above 3,502.58 EUR
My targets
3,571.98 EUR (+0.66%)
3,632.24 EUR (+2.36%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on TECH ALL SHARE PERF INDEX as long as the price remains well above 3,502.58 EUR. The buyers' bullish objective is set at 3,571.98 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,632.24 EUR. If there is any crossing, the next objective would be the resistance located at 3,692.53 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8
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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 TECH ALL SHARE PERF INDEX rating is 3,548.39 EUR. The price registered a decrease of -0.12% on the session with the lowest point at 3,536.99 EUR and the highest point at 3,551.19 EUR. The deviation from the price is +0.32% for the low point and -0.08% for the high point.3,536.99
3,551.19
3,548.39
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of TECH ALL SHARE PERF INDEX indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner found no further results concerning independent 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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,392.86 | 3,432.29 | 3,502.58 | 3,548.39 | 3,571.98 | 3,632.24 | 3,692.53 |
| Change (%) | -4.38% | -3.27% | -1.29% | - | +0.66% | +2.36% | +4.06% |
| Change | -155.53 | -116.10 | -45.81 | - | +23.59 | +83.85 | +144.14 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | 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 | 3,497.26 | 3,518.35 | 3,535.54 | 3,556.63 | 3,573.82 | 3,594.91 | 3,612.10 |
| Camarilla | 3,542.21 | 3,545.72 | 3,549.23 | 3,552.74 | 3,556.25 | 3,559.76 | 3,563.27 |
| Woodie | 3,495.32 | 3,517.38 | 3,533.60 | 3,555.66 | 3,571.88 | 3,593.94 | 3,610.16 |
| Fibonacci | 3,518.35 | 3,532.97 | 3,542.00 | 3,556.63 | 3,571.25 | 3,580.28 | 3,594.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,331.86 | 3,386.03 | 3,469.38 | 3,523.55 | 3,606.90 | 3,661.07 | 3,744.42 |
| Camarilla | 3,514.92 | 3,527.53 | 3,540.13 | 3,552.74 | 3,565.35 | 3,577.95 | 3,590.56 |
| Woodie | 3,346.46 | 3,393.33 | 3,483.98 | 3,530.85 | 3,621.50 | 3,668.37 | 3,759.02 |
| Fibonacci | 3,386.03 | 3,438.56 | 3,471.01 | 3,523.55 | 3,576.08 | 3,608.53 | 3,661.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,371.99 | 3,472.22 | 3,582.38 | 3,682.61 | 3,792.77 | 3,893.00 | 4,003.16 |
| Camarilla | 3,634.67 | 3,653.96 | 3,673.24 | 3,692.53 | 3,711.82 | 3,731.10 | 3,750.39 |
| Woodie | 3,376.95 | 3,474.70 | 3,587.34 | 3,685.09 | 3,797.73 | 3,895.48 | 4,008.12 |
| Fibonacci | 3,472.22 | 3,552.59 | 3,602.24 | 3,682.61 | 3,762.98 | 3,812.63 | 3,893.00 |
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): | 54.77 | |
| MACD (12,26,9): | 8.9500 | |
| Directional Movement: | 4.32 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3,558.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,563.90 | |
| Elder Ray (13): | -1.52 | |
| Super Trend (3,10): | 3,540.11 | |
| Zig ZAG (10): | 3,547.16 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 26.93 | |
| TEMA (21): | 3,554.64 | |
| Williams %R (14): | -76.52 | |
| Chande Momentum Oscillator (20): | -26.53 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.15 |
| MA7: | 3,516.14 | |
| MA20: | 3,557.07 | |
| MA50: | 3,648.86 | |
| MA100: | 3,784.06 | |
| MAexp7: | 3,548.75 | |
| MAexp20: | 3,544.50 | |
| MAexp50: | 3,525.43 | |
| MAexp100: | 3,527.83 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | -0.24% | |
| Price / MA50: | -2.75% | |
| Price / MA100: | -6.23% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.65% | |
| Price / MAexp100: | +0.58% |
Quotes :
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15 min delayed data
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Germany Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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