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 07/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 12.20 EUR

My targets

14.19 EUR (+7.01%)

15.44 EUR (+16.44%)

My analysis

All elements being rather 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 12.20 EUR. The buyers' bullish objective is set at 14.19 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.44 EUR. If there is any crossing, the next objective would be the resistance located at 17.96 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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 13.26 EUR. On the day, this instrument gained +3.19% and was between 12.65 EUR and 13.27 EUR. This implies that the price is at +4.82% from its lowest and at -0.08% from its highest.

12.65

13.27

13.26

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

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:

The Central Records scanner for higher/lower results shows an item:

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 bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of triangle

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	11.43	12.20	13.09	13.26	14.19	15.44	17.96
Change (%)	-13.80%	-7.99%	-1.28%	-	+7.01%	+16.44%	+35.44%
Change	-1.83	-1.06	-0.17	-	+0.93	+2.18	+4.70
Level	Major	Intermediate	Major	-	Minor	Major	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	12.59	12.69	12.77	12.87	12.95	13.05	13.13
Camarilla	12.80	12.82	12.83	12.85	12.87	12.88	12.90
Woodie	12.58	12.69	12.76	12.87	12.94	13.05	13.12
Fibonacci	12.69	12.76	12.80	12.87	12.94	12.98	13.05

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.90	12.25	12.90	13.25	13.90	14.25	14.90
Camarilla	13.28	13.37	13.46	13.55	13.64	13.73	13.83
Woodie	12.05	12.33	13.05	13.33	14.05	14.33	15.05
Fibonacci	12.25	12.63	12.87	13.25	13.63	13.87	14.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.02	9.21	10.33	12.52	13.64	15.83	16.95
Camarilla	10.53	10.83	11.14	11.44	11.74	12.05	12.35
Woodie	6.48	8.94	9.79	12.25	13.10	15.56	16.41
Fibonacci	9.21	10.48	11.26	12.52	13.79	14.57	15.83

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):	54.87
MACD (12,26,9):	0.0400
Directional Movement:	3.21
AROON (14):	64.29
DEMA (21):	12.83
Parabolic SAR (0,02-0,02-0,2):	12.58
Elder Ray (13):	0.06
Super Trend (3,10):	12.18
Zig ZAG (10):	13.25
VORTEX (21):	1.0000
Stochastique (14,3,5):	71.21
TEMA (21):	13.04
Williams %R (14):	-15.77
Chande Momentum Oscillator (20):	1.29
Repulse (5,40,3):	4.9500
ROCnROLL:	1
TRIX (15,9):	-0.1100
Courbe Coppock:	18.62

MA7:	13.11
MA20:	12.57
MA50:	13.33
MA100:	12.85
MAexp7:	13.01
MAexp20:	12.85
MAexp50:	12.91
MAexp100:	12.61
Price / MA7:	+1.14%
Price / MA20:	+5.49%
Price / MA50:	-0.53%
Price / MA100:	+3.19%
Price / MAexp7:	+1.92%
Price / MAexp20:	+3.19%
Price / MAexp50:	+2.71%
Price / MAexp100:	+5.15%

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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