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. - Daily - Technical analysis published on 02/13/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

17%

My opinion

Bullish above 10.408 EUR

My targets

11.069 EUR (+4.23%)

11.997 EUR (+12.97%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NORDEX SE O.N. as long as the price remains well above 10.408 EUR. The buyers' bullish objective is set at 11.069 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.997 EUR. If there is any crossing, the next objective would be the resistance located at 13.093 EUR.

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

5.5

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 10.620 EUR. On the day, this instrument gained +1.10% with the lowest point at 10.460 EUR and the highest point at 10.810 EUR. The deviation from the price is +1.53% for the low point and -1.76% for the high point.

10.460

10.810

10.620

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily 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. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.976	9.568	10.408	10.620	11.069	11.997	13.093
Change (%)	-15.48%	-9.91%	-2.00%	-	+4.23%	+12.97%	+23.29%
Change	-1.644	-1.052	-0.212	-	+0.449	+1.377	+2.473
Level	Minor	Major	Major	-	Minor	Minor	Intermediate

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	9.087	9.382	9.944	10.239	10.801	11.096	11.658
Camarilla	10.269	10.348	10.426	10.505	10.584	10.662	10.741
Woodie	9.220	9.449	10.077	10.306	10.934	11.163	11.791
Fibonacci	9.382	9.710	9.912	10.239	10.567	10.769	11.096

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.433	8.781	9.143	9.491	9.853	10.201	10.563
Camarilla	9.309	9.374	9.439	9.504	9.569	9.634	9.699
Woodie	8.439	8.785	9.149	9.495	9.859	10.205	10.569
Fibonacci	8.781	9.053	9.220	9.491	9.763	9.930	10.201

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.277	7.447	8.486	9.656	10.695	11.865	12.904
Camarilla	8.919	9.121	9.324	9.526	9.729	9.931	10.134
Woodie	6.213	7.414	8.422	9.623	10.631	11.832	12.840
Fibonacci	7.447	8.291	8.812	9.656	10.500	11.021	11.865

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):	65.21
MACD (12,26,9):	0.0760
Directional Movement:	17.431
AROON (14):	42.857
DEMA (21):	9.714
Parabolic SAR (0,02-0,02-0,2):	8.897
Elder Ray (13):	0.867
Super Trend (3,10):	9.436
Zig ZAG (10):	10.645
VORTEX (21):	0.9880
Stochastique (14,3,5):	75.84
TEMA (21):	9.897
Williams %R (14):	-9.82
Chande Momentum Oscillator (20):	1.138
Repulse (5,40,3):	6.0220
ROCnROLL:	1
TRIX (15,9):	-0.1350
Courbe Coppock:	9.54

MA7:	9.767
MA20:	9.487
MA50:	9.816
MA100:	10.124
MAexp7:	9.961
MAexp20:	9.694
MAexp50:	9.825
MAexp100:	10.177
Price / MA7:	+8.73%
Price / MA20:	+11.94%
Price / MA50:	+8.19%
Price / MA100:	+4.90%
Price / MAexp7:	+6.62%
Price / MAexp20:	+9.55%
Price / MAexp50:	+8.09%
Price / MAexp100:	+4.35%

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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