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 10/30/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 10.342 EUR

My targets

9.838 EUR (-2.50%)

9.588 EUR (-4.98%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NORDEX SE O.N. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 10.342 EUR. The next bearish objective for sellers is set at 9.838 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.588 EUR. In case of crossing, the next objective would be the support located at 9.330 EUR. In the event of a bullish break in the resistance located at 10.342 EUR a certain indecision would take hold.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

4.1

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

NORDEX SE O.N. rating 10.090 EUR. The price is lower by -0.15% since the last closing and was traded between 10.080 EUR and 10.195 EUR over the period. The price is currently at +0.10% from its lowest and -1.03% from its highest.

10.080

10.195

10.090

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NORDEX SE O.N.:

Technical

Technical analysis of this 1H chart of NORDEX SE O.N. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of triangle

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.330	9.588	9.838	10.090	10.342	10.745	11.100
Change (%)	-7.53%	-4.98%	-2.50%	-	+2.50%	+6.49%	+10.01%
Change	-0.760	-0.502	-0.252	-	+0.252	+0.655	+1.010
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.408	9.742	9.923	10.257	10.438	10.772	10.953
Camarilla	9.963	10.011	10.058	10.105	10.152	10.199	10.247
Woodie	9.333	9.704	9.848	10.219	10.363	10.734	10.878
Fibonacci	9.742	9.938	10.060	10.257	10.453	10.575	10.772

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.273	8.896	9.500	10.123	10.727	11.350	11.954
Camarilla	9.768	9.880	9.993	10.105	10.218	10.330	10.442
Woodie	8.265	8.891	9.492	10.118	10.719	11.345	11.946
Fibonacci	8.896	9.364	9.654	10.123	10.591	10.881	11.350

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):	46.49
MACD (12,26,9):	0.0050
Directional Movement:	-2.525
AROON (14):	-71.428
DEMA (21):	10.285
Parabolic SAR (0,02-0,02-0,2):	10.682
Elder Ray (13):	-0.079
Super Trend (3,10):	9.847
Zig ZAG (10):	10.135
VORTEX (21):	1.0160
Stochastique (14,3,5):	6.22
TEMA (21):	10.199
Williams %R (14):	-95.52
Chande Momentum Oscillator (20):	-0.280
Repulse (5,40,3):	-2.1760
ROCnROLL:	2
TRIX (15,9):	0.0830
Courbe Coppock:	2.46

MA7:	10.127
MA20:	10.193
MA50:	10.839
MA100:	11.275
MAexp7:	10.190
MAexp20:	10.249
MAexp50:	10.160
MAexp100:	10.175
Price / MA7:	-0.37%
Price / MA20:	-1.01%
Price / MA50:	-6.91%
Price / MA100:	-10.51%
Price / MAexp7:	-0.98%
Price / MAexp20:	-1.55%
Price / MAexp50:	-0.69%
Price / MAexp100:	-0.84%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on NORDEX SE O.N. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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