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 04/08/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

22%

39%

My opinion

Bearish under 12.00 EUR

My targets

11.67 EUR (-1.77%)

11.54 EUR (-2.86%)

My analysis

There is a bearish trend on NORDEX SE O.N. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 12.00 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 11.67 EUR. Then the price could move towards 11.54 EUR. Then 11.30 EUR by extension. Be careful, a return to above the resistance 12.00 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.1

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 11.88 EUR. The price registered a decrease of -0.67% on the session with the lowest point at 11.83 EUR and the highest point at 12.00 EUR. The deviation from the price is +0.42% for the low point and -1.00% for the high point.

11.83

12.00

11.88

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NORDEX SE O.N. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.54	11.67	11.85	11.88	12.00	12.09	12.20
Change (%)	-2.86%	-1.77%	-0.29%	-	+0.98%	+1.77%	+2.69%
Change	-0.34	-0.21	-0.04	-	+0.12	+0.21	+0.32
Level	Minor	Intermediate	Major	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.60	11.71	11.83	11.94	12.06	12.17	12.29
Camarilla	11.90	11.92	11.94	11.96	11.98	12.00	12.02
Woodie	11.62	11.71	11.85	11.94	12.08	12.17	12.31
Fibonacci	11.71	11.80	11.85	11.94	12.03	12.08	12.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.18	11.43	11.69	11.94	12.20	12.45	12.71
Camarilla	11.82	11.87	11.91	11.96	12.01	12.05	12.10
Woodie	11.20	11.43	11.71	11.94	12.22	12.45	12.73
Fibonacci	11.43	11.62	11.74	11.94	12.13	12.25	12.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.18	9.87	11.02	11.71	12.86	13.55	14.70
Camarilla	11.65	11.82	11.99	12.16	12.33	12.50	12.67
Woodie	9.40	9.99	11.24	11.83	13.08	13.67	14.92
Fibonacci	9.87	10.58	11.01	11.71	12.42	12.85	13.55

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):	46.74
MACD (12,26,9):	0.0000
Directional Movement:	-4.97
AROON (14):	14.29
DEMA (21):	11.92
Parabolic SAR (0,02-0,02-0,2):	12.05
Elder Ray (13):	-0.02
Super Trend (3,10):	12.12
Zig ZAG (10):	11.90
VORTEX (21):	1.0200
Stochastique (14,3,5):	47.62
TEMA (21):	11.94
Williams %R (14):	-67.86
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	-0.6200
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.03

MA7:	12.02
MA20:	11.94
MA50:	10.85
MA100:	10.42
MAexp7:	11.94
MAexp20:	11.93
MAexp50:	11.96
MAexp100:	11.91
Price / MA7:	-1.16%
Price / MA20:	-0.50%
Price / MA50:	+9.49%
Price / MA100:	+14.01%
Price / MAexp7:	-0.50%
Price / MAexp20:	-0.42%
Price / MAexp50:	-0.67%
Price / MAexp100:	-0.25%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on NORDEX SE O.N.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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