NORDEX SE O.N. - 1H - Technical analysis published on 07/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 13.09 EUR
My targets
13.75 EUR (+1.40%)
14.19 EUR (+4.65%)
My analysis
The bullish trend is currently very strong on NORDEX SE O.N.. As long as the price remains above the support at 13.09 EUR, you could try to benefit from the boom. The first bullish objective is located at 13.75 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.19 EUR as an objective. Crossing it would then enable buyers to target 15.44 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.8
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Additional analysis
Quotes
NORDEX SE O.N. rating 13.56 EUR. On the day, this instrument gained +0.67% and was between 13.46 EUR and 13.90 EUR. This implies that the price is at +0.74% from its lowest and at -2.45% from its highest.13.46
13.90
13.56
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.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H 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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 4 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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 channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12.09 | 12.66 | 13.09 | 13.56 | 13.75 | 14.19 | 15.44 |
Change (%) | -10.84% | -6.64% | -3.47% | - | +1.40% | +4.65% | +13.86% |
Change | -1.47 | -0.90 | -0.47 | - | +0.19 | +0.63 | +1.88 |
Level | Minor | Intermediate | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.83 | 13.08 | 13.27 | 13.52 | 13.71 | 13.96 | 14.15 |
Camarilla | 13.35 | 13.39 | 13.43 | 13.47 | 13.51 | 13.55 | 13.59 |
Woodie | 12.81 | 13.07 | 13.25 | 13.51 | 13.69 | 13.95 | 14.13 |
Fibonacci | 13.08 | 13.25 | 13.35 | 13.52 | 13.69 | 13.79 | 13.96 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.10 | 12.37 | 12.89 | 13.16 | 13.68 | 13.95 | 14.47 |
Camarilla | 13.18 | 13.26 | 13.33 | 13.40 | 13.47 | 13.55 | 13.62 |
Woodie | 12.22 | 12.43 | 13.01 | 13.22 | 13.80 | 14.01 | 14.59 |
Fibonacci | 12.37 | 12.68 | 12.86 | 13.16 | 13.47 | 13.65 | 13.95 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 54.81 | |
MACD (12,26,9): | 0.0600 | |
Directional Movement: | 10.06 | |
AROON (14): | 64.29 | |
DEMA (21): | 13.61 | |
Parabolic SAR (0,02-0,02-0,2): | 13.46 | |
Elder Ray (13): | 0.05 | |
Super Trend (3,10): | 13.26 | |
Zig ZAG (10): | 13.58 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 45.44 | |
TEMA (21): | 13.59 | |
Williams %R (14): | -55.17 | |
Chande Momentum Oscillator (20): | 0.03 | |
Repulse (5,40,3): | -1.0300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0700 | |
Courbe Coppock: | 2.15 |
MA7: | 13.30 | |
MA20: | 12.84 | |
MA50: | 13.23 | |
MA100: | 12.96 | |
MAexp7: | 13.57 | |
MAexp20: | 13.52 | |
MAexp50: | 13.38 | |
MAexp100: | 13.20 | |
Price / MA7: | +1.95% | |
Price / MA20: | +5.61% | |
Price / MA50: | +2.49% | |
Price / MA100: | +4.63% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | +0.30% | |
Price / MAexp50: | +1.35% | |
Price / MAexp100: | +2.73% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on NORDEX SE O.N. at the time of the analysis were as follows:
- EQS-News: Nordex Group reports consistently improving performance in H1/2024, leading to an update of annual guidance
- EQS-News: Nordex Group to offer N169/5.X turbine for the US market
- Nordex Group to Offer N169/5.X Turbine for the US Market
- EQS-News: Nordex Group installs world's first N175/6.X turbine in Germany
- EQS-News: Nordex Group announces robust order intake of 3.4 GW in the first half of 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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