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 01/24/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 9.502 EUR

My targets

10.053 EUR (+2.37%)

10.530 EUR (+7.23%)

My analysis

The strong short-term increase for NORDEX SE O.N. reinforces the current slightly bullish trend. As long as the price remains above 9.502 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 10.053 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 10.530 EUR as an objective. Crossing it would then enable buyers to target 10.825 EUR. A return to 9.502 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.4

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. rating is 9.820 EUR. The price registered an increase of +3.33% on the session and was between 9.700 EUR and 9.922 EUR. This implies that the price is at +1.24% from its lowest and at -1.03% from its highest.

9.700

9.922

9.820

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

Abnormal volumes on NORDEX SE O.N. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this 1H chart of NORDEX SE O.N. indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.978	9.160	9.502	9.820	10.053	10.530	10.825
Change (%)	-8.57%	-6.72%	-3.24%	-	+2.37%	+7.23%	+10.23%
Change	-0.842	-0.660	-0.318	-	+0.233	+0.710	+1.005
Level	Minor	Minor	Major	-	Minor	Major	Minor

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	8.630	8.900	9.202	9.472	9.774	10.044	10.346
Camarilla	9.347	9.399	9.452	9.504	9.556	9.609	9.661
Woodie	8.646	8.908	9.218	9.480	9.790	10.052	10.362
Fibonacci	8.900	9.119	9.254	9.472	9.691	9.826	10.044

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.257	8.117	8.599	9.459	9.941	10.801	11.283
Camarilla	8.711	8.834	8.957	9.080	9.203	9.326	9.449
Woodie	7.067	8.023	8.409	9.365	9.751	10.707	11.093
Fibonacci	8.117	8.630	8.947	9.459	9.972	10.289	10.801

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.560	9.000	9.700	10.140	10.840	11.280	11.980
Camarilla	10.087	10.191	10.296	10.400	10.505	10.609	10.714
Woodie	8.690	9.065	9.830	10.205	10.970	11.345	12.110
Fibonacci	9.000	9.436	9.705	10.140	10.576	10.845	11.280

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):	66.16
MACD (12,26,9):	0.1640
Directional Movement:	26.940
AROON (14):	71.428
DEMA (21):	9.639
Parabolic SAR (0,02-0,02-0,2):	9.375
Elder Ray (13):	0.229
Super Trend (3,10):	9.337
Zig ZAG (10):	9.802
VORTEX (21):	1.1450
Stochastique (14,3,5):	87.58
TEMA (21):	9.844
Williams %R (14):	-11.56
Chande Momentum Oscillator (20):	0.562
Repulse (5,40,3):	0.0080
ROCnROLL:	1
TRIX (15,9):	0.1540
Courbe Coppock:	17.88

MA7:	9.377
MA20:	9.835
MA50:	10.026
MA100:	10.353
MAexp7:	9.699
MAexp20:	9.465
MAexp50:	9.426
MAexp100:	9.574
Price / MA7:	+4.72%
Price / MA20:	-0.15%
Price / MA50:	-2.05%
Price / MA100:	-5.15%
Price / MAexp7:	+1.25%
Price / MAexp20:	+3.75%
Price / MAexp50:	+4.18%
Price / MAexp100:	+2.57%

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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