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 03/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 11.629 EUR

My targets

12.413 EUR (+3.23%)

13.093 EUR (+8.88%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NORDEX SE O.N. as long as the price remains well above 11.629 EUR. The buyers' bullish objective is set at 12.413 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.093 EUR. If there is any crossing, the next objective would be the resistance located at 15.437 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 12.025 EUR. The price has increased by +5.25% since the last closing with the lowest point at 11.520 EUR and the highest point at 12.070 EUR. The deviation from the price is +4.38% for the low point and -0.37% for the high point.

11.520

12.070

12.025

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.:

Technical

A technical analysis in 1H of this NORDEX SE O.N. chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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:

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	11.069	11.629	11.997	12.025	12.413	13.093	15.437
Change (%)	-7.95%	-3.29%	-0.23%	-	+3.23%	+8.88%	+28.37%
Change	-0.956	-0.396	-0.028	-	+0.388	+1.068	+3.412
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	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	11.113	11.222	11.323	11.432	11.533	11.642	11.743
Camarilla	11.367	11.387	11.406	11.425	11.444	11.464	11.483
Woodie	11.110	11.220	11.320	11.430	11.530	11.640	11.740
Fibonacci	11.222	11.302	11.351	11.432	11.512	11.561	11.642

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.078	10.687	11.043	11.652	12.008	12.617	12.973
Camarilla	11.135	11.223	11.312	11.400	11.489	11.577	11.665
Woodie	9.953	10.624	10.918	11.589	11.883	12.554	12.848
Fibonacci	10.687	11.055	11.283	11.652	12.020	12.248	12.617

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.500	8.315	9.420	10.235	11.340	12.155	13.260
Camarilla	9.997	10.173	10.349	10.525	10.701	10.877	11.053
Woodie	7.645	8.388	9.565	10.308	11.485	12.228	13.405
Fibonacci	8.315	9.048	9.502	10.235	10.968	11.422	12.155

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):	70.97
MACD (12,26,9):	0.0340
Directional Movement:	26.108
AROON (14):	85.714
DEMA (21):	11.610
Parabolic SAR (0,02-0,02-0,2):	11.371
Elder Ray (13):	0.346
Super Trend (3,10):	11.530
Zig ZAG (10):	12.020
VORTEX (21):	1.0670
Stochastique (14,3,5):	83.90
TEMA (21):	11.695
Williams %R (14):	-8.11
Chande Momentum Oscillator (20):	0.525
Repulse (5,40,3):	3.3570
ROCnROLL:	1
TRIX (15,9):	-0.0410
Courbe Coppock:	1.56

MA7:	11.691
MA20:	11.277
MA50:	10.341
MA100:	10.260
MAexp7:	11.703
MAexp20:	11.594
MAexp50:	11.633
MAexp100:	11.585
Price / MA7:	+2.86%
Price / MA20:	+6.63%
Price / MA50:	+16.28%
Price / MA100:	+17.20%
Price / MAexp7:	+2.75%
Price / MAexp20:	+3.72%
Price / MAexp50:	+3.37%
Price / MAexp100:	+3.80%

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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