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 04/16/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

33%

50%

17%

My opinion

Bearish under 12.50 EUR

My targets

12.20 EUR (-0.97%)

12.00 EUR (-2.60%)

My analysis

NORDEX SE O.N. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 12.50 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 12.20 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 12.00 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 11.76 EUR. Beware of a possible return to above the resistance located at 12.50 EUR which would be a sign of a correction of the short-term bearish excesses registered.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.4

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.

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Additional analysis

Quotes

The NORDEX SE O.N. rating is 12.32 EUR. The price is lower by -0.49% since the last closing and was between 12.11 EUR and 12.48 EUR. This implies that the price is at +1.73% from its lowest and at -1.28% from its highest.

12.11

12.48

12.32

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

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. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

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:

Support of channel is broken

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	11.76	12.00	12.20	12.32	12.50	12.73	13.09
Change (%)	-4.55%	-2.60%	-0.97%	-	+1.46%	+3.33%	+6.25%
Change	-0.56	-0.32	-0.12	-	+0.18	+0.41	+0.77
Level	Intermediate	Major	Intermediate	-	Major	Minor	Major

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	11.90	12.13	12.26	12.49	12.62	12.85	12.98
Camarilla	12.28	12.31	12.35	12.38	12.41	12.45	12.48
Woodie	11.84	12.11	12.20	12.47	12.56	12.83	12.92
Fibonacci	12.13	12.27	12.36	12.49	12.63	12.72	12.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.26	11.01	11.90	12.65	13.54	14.29	15.18
Camarilla	12.35	12.50	12.65	12.80	12.95	13.10	13.25
Woodie	10.34	11.05	11.98	12.69	13.62	14.33	15.26
Fibonacci	11.01	11.63	12.02	12.65	13.27	13.66	14.29

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	36.27
MACD (12,26,9):	-0.1200
Directional Movement:	-19.11
AROON (14):	-71.42
DEMA (21):	12.47
Parabolic SAR (0,02-0,02-0,2):	12.51
Elder Ray (13):	-0.17
Super Trend (3,10):	12.82
Zig ZAG (10):	12.38
VORTEX (21):	0.7600
Stochastique (14,3,5):	33.10
TEMA (21):	12.31
Williams %R (14):	-64.79
Chande Momentum Oscillator (20):	-0.44
Repulse (5,40,3):	0.1100
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	6.82

MA7:	12.62
MA20:	12.19
MA50:	11.26
MA100:	10.55
MAexp7:	12.43
MAexp20:	12.60
MAexp50:	12.63
MAexp100:	12.47
Price / MA7:	-2.38%
Price / MA20:	+1.07%
Price / MA50:	+9.41%
Price / MA100:	+16.78%
Price / MAexp7:	-0.88%
Price / MAexp20:	-2.22%
Price / MAexp50:	-2.45%
Price / MAexp100:	-1.20%

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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