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 03/22/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 11.997 EUR

My targets

13.093 EUR (+6.23%)

13.260 EUR (+7.59%)

My analysis

The bullish trend is currently very strong on NORDEX SE O.N.. As long as the price remains above the support at 11.997 EUR, you could try to benefit from the boom. The first bullish objective is located at 13.093 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.260 EUR as an objective. Crossing it would then enable buyers to target 15.437 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.4

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.

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. price is 12.325 EUR. The price has increased by +2.84% since the last closing and was traded between 11.995 EUR and 12.345 EUR over the period. The price is currently at +2.75% from its lowest and -0.16% from its highest.

11.995

12.345

12.325

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

Near a 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 strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

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

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.419	11.629	11.997	12.325	13.093	15.437	17.960
Change (%)	-15.46%	-5.65%	-2.66%	-	+6.23%	+25.25%	+45.72%
Change	-1.906	-0.696	-0.328	-	+0.768	+3.112	+5.635
Level	Major	Intermediate	Major	-	Major	Intermediate	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	10.970	11.245	11.615	11.890	12.260	12.535	12.905
Camarilla	11.808	11.867	11.926	11.985	12.044	12.103	12.162
Woodie	11.018	11.269	11.663	11.914	12.308	12.559	12.953
Fibonacci	11.245	11.491	11.644	11.890	12.136	12.289	12.535

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.94
MACD (12,26,9):	0.4520
Directional Movement:	18.629
AROON (14):	-42.857
DEMA (21):	12.047
Parabolic SAR (0,02-0,02-0,2):	12.372
Elder Ray (13):	0.493
Super Trend (3,10):	10.873
Zig ZAG (10):	12.340
VORTEX (21):	1.2010
Stochastique (14,3,5):	66.79
TEMA (21):	12.187
Williams %R (14):	-8.48
Chande Momentum Oscillator (20):	0.300
Repulse (5,40,3):	4.7870
ROCnROLL:	1
TRIX (15,9):	0.6680
Courbe Coppock:	19.64

MA7:	11.726
MA20:	11.422
MA50:	10.387
MA100:	10.284
MAexp7:	11.851
MAexp20:	11.439
MAexp50:	10.806
MAexp100:	10.579
Price / MA7:	+5.11%
Price / MA20:	+7.91%
Price / MA50:	+18.66%
Price / MA100:	+19.85%
Price / MAexp7:	+4.00%
Price / MAexp20:	+7.75%
Price / MAexp50:	+14.06%
Price / MAexp100:	+16.50%

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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