NORDEX SE O.N. - 1H - Technical analysis published on 01/30/2024 (GMT)
- 87
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 9.153 EUR and 9.502 EUR
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 9.153 EUR. The first resistance is located at 9.502 EUR. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 NORDEX SE O.N. rating is 9.354 EUR. On the day, this instrument lost -0.17% with the lowest point at 9.260 EUR and the highest point at 9.420 EUR. The deviation from the price is +1.02% for the low point and -0.70% for the high point.9.260
9.420
9.354
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
![Central Gaps Central Gaps](/medias/screeners/logo/CentralGaps.png)
Opening Gap UP
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:
Technical
Technical analysis of NORDEX SE O.N. in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
![Central Patterns Central Patterns](/medias/screeners/logo/CentralPatterns.png)
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 8.616 | 8.976 | 9.153 | 9.354 | 9.502 | 9.922 | 10.524 |
Change (%) | -7.89% | -4.04% | -2.15% | - | +1.58% | +6.07% | +12.51% |
Change | -0.738 | -0.378 | -0.201 | - | +0.148 | +0.568 | +1.170 |
Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8.974 | 9.062 | 9.216 | 9.304 | 9.458 | 9.546 | 9.700 |
Camarilla | 9.304 | 9.326 | 9.348 | 9.370 | 9.392 | 9.414 | 9.437 |
Woodie | 9.007 | 9.079 | 9.249 | 9.321 | 9.491 | 9.563 | 9.733 |
Fibonacci | 9.062 | 9.154 | 9.212 | 9.304 | 9.396 | 9.454 | 9.546 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 7.365 | 7.991 | 8.671 | 9.297 | 9.977 | 10.603 | 11.283 |
Camarilla | 8.993 | 9.113 | 9.232 | 9.352 | 9.472 | 9.591 | 9.711 |
Woodie | 7.393 | 8.005 | 8.699 | 9.311 | 10.005 | 10.617 | 11.311 |
Fibonacci | 7.991 | 8.490 | 8.798 | 9.297 | 9.796 | 10.104 | 10.603 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 49.70 | |
MACD (12,26,9): | -0.0140 | |
Directional Movement: | -7.118 | |
AROON (14): | 64.286 | |
DEMA (21): | 9.330 | |
Parabolic SAR (0,02-0,02-0,2): | 9.404 | |
Elder Ray (13): | -0.013 | |
Super Trend (3,10): | 9.511 | |
Zig ZAG (10): | 9.356 | |
VORTEX (21): | 1.0330 | |
Stochastique (14,3,5): | 69.10 | |
TEMA (21): | 9.326 | |
Williams %R (14): | -30.48 | |
Chande Momentum Oscillator (20): | 0.082 | |
Repulse (5,40,3): | 0.4520 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0380 | |
Courbe Coppock: | 0.23 |
MA7: | 9.362 | |
MA20: | 9.631 | |
MA50: | 9.906 | |
MA100: | 10.298 | |
MAexp7: | 9.345 | |
MAexp20: | 9.352 | |
MAexp50: | 9.383 | |
MAexp100: | 9.471 | |
Price / MA7: | -0.09% | |
Price / MA20: | -2.88% | |
Price / MA50: | -5.57% | |
Price / MA100: | -9.17% | |
Price / MAexp7: | +0.10% | |
Price / MAexp20: | +0.02% | |
Price / MAexp50: | -0.31% | |
Price / MAexp100: | -1.24% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on NORDEX SE O.N. at the time of the analysis were as follows:
- EQS-News: Nordex Group achieves order intake of 7.4 GW in the fiscal year 2023
- EQS-News: Nordex Group scores highly in Germany for 2023 in terms of incoming orders and auction rounds
- EQS-News: Nordex Group receives orders for 122 MW from Denker & Wulf AG in Germany
- EQS-News: Nordex Group receives orders for 197 MW from UKA in Germany
- EQS-News: Nordex Group receives orders from the UK for approx. 150 MW
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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