NORDEX SE O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	NDX1
ISIN:	DE000A0D6554

NORDEX SE O.N. - 1H - Technical analysis published on 10/05/2023 (GMT)

Londinia

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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

22%

56%

22%

My opinion

Bearish under 10.482 EUR

My targets

10.010 EUR (-0.99%)

8.978 EUR (-11.19%)

My analysis

NORDEX SE O.N. 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 10.482 EUR. The next support located at 10.010 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 8.978 EUR. Below this support, sellers could then target 7.373 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

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.

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Additional analysis

Quotes

The NORDEX SE O.N. price is 10.110 EUR. On the day, this instrument gained +1.55% with the lowest point at 10.095 EUR and the highest point at 10.270 EUR. The deviation from the price is +0.15% for the low point and -1.56% for the high point.

10.095

10.270

10.110

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NORDEX SE O.N. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.660	7.373	10.010	10.110	10.482	11.511	11.994
Change (%)	-44.02%	-27.07%	-0.99%	-	+3.68%	+13.86%	+18.64%
Change	-4.450	-2.737	-0.100	-	+0.372	+1.401	+1.884
Level	Minor	Major	Minor	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.957	9.429	9.692	10.164	10.427	10.899	11.162
Camarilla	9.754	9.821	9.889	9.956	10.023	10.091	10.158
Woodie	8.854	9.377	9.589	10.112	10.324	10.847	11.059
Fibonacci	9.429	9.709	9.883	10.164	10.444	10.618	10.899

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.183	10.602	11.123	11.542	12.063	12.482	13.003
Camarilla	11.387	11.473	11.559	11.645	11.731	11.817	11.904
Woodie	10.235	10.628	11.175	11.568	12.115	12.508	13.055
Fibonacci	10.602	10.961	11.183	11.542	11.901	12.123	12.482

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.947	8.978	10.312	11.343	12.677	13.708	15.042
Camarilla	10.995	11.211	11.428	11.645	11.862	12.079	12.295
Woodie	8.098	9.054	10.463	11.419	12.828	13.784	15.193
Fibonacci	8.978	9.882	10.440	11.343	12.247	12.805	13.708

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):	28.10
MACD (12,26,9):	-0.3170
Directional Movement:	-25.076
AROON (14):	-71.428
DEMA (21):	10.131
Parabolic SAR (0,02-0,02-0,2):	9.900
Elder Ray (13):	-0.155
Super Trend (3,10):	10.463
Zig ZAG (10):	10.160
VORTEX (21):	0.6360
Stochastique (14,3,5):	20.80
TEMA (21):	9.985
Williams %R (14):	-73.33
Chande Momentum Oscillator (20):	-0.530
Repulse (5,40,3):	-2.2640
ROCnROLL:	2
TRIX (15,9):	-0.3870
Courbe Coppock:	12.63

MA7:	10.892
MA20:	11.237
MA50:	11.409
MA100:	11.492
MAexp7:	10.197
MAexp20:	10.536
MAexp50:	10.952
MAexp100:	11.185
Price / MA7:	-7.18%
Price / MA20:	-10.03%
Price / MA50:	-11.39%
Price / MA100:	-12.03%
Price / MAexp7:	-0.85%
Price / MAexp20:	-4.04%
Price / MAexp50:	-7.69%
Price / MAexp100:	-9.61%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on NORDEX SE O.N.. 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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