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 11/15/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 11.61 EUR

My targets

12.24 EUR (+0.66%)

12.59 EUR (+3.54%)

My analysis

The strong short-term increase in NORDEX SE O.N. calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 11.61 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 12.24 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.59 EUR as an objective. Crossing it would then enable buyers to target 12.89 EUR. Caution, a return under 11.61 EUR could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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

The NORDEX SE O.N. price is 12.16 EUR. The price registered an increase of +6.20% on the session and was between 11.44 EUR and 12.23 EUR. This implies that the price is at +6.29% from its lowest and at -0.57% from its highest.

11.44

12.23

12.16

Here is a more detailed summary of the historical variations registered by NORDEX SE O.N.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

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 slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

Downside gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.71	11.32	11.61	12.16	12.24	12.59	12.89
Change (%)	-11.92%	-6.91%	-4.52%	-	+0.66%	+3.54%	+6.00%
Change	-1.45	-0.84	-0.55	-	+0.08	+0.43	+0.73
Level	Minor	Major	Intermediate	-	Minor	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.17	11.30	11.37	11.50	11.57	11.70	11.77
Camarilla	11.40	11.41	11.43	11.45	11.47	11.49	11.51
Woodie	11.15	11.29	11.35	11.49	11.55	11.69	11.75
Fibonacci	11.30	11.37	11.42	11.50	11.57	11.62	11.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.24	10.43	11.36	12.55	13.48	14.67	15.60
Camarilla	11.72	11.91	12.11	12.30	12.49	12.69	12.88
Woodie	9.12	10.37	11.24	12.49	13.36	14.61	15.48
Fibonacci	10.43	11.24	11.74	12.55	13.36	13.86	14.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.85	11.75	12.40	13.30	13.95	14.85	15.50
Camarilla	12.62	12.77	12.91	13.05	13.19	13.33	13.48
Woodie	10.73	11.69	12.28	13.24	13.83	14.79	15.38
Fibonacci	11.75	12.34	12.71	13.30	13.89	14.26	14.85

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):	64.73
MACD (12,26,9):	0.0600
Directional Movement:	17.54
AROON (14):	85.71
DEMA (21):	11.88
Parabolic SAR (0,02-0,02-0,2):	11.60
Elder Ray (13):	0.24
Super Trend (3,10):	11.80
Zig ZAG (10):	12.14
VORTEX (21):	1.2000
Stochastique (14,3,5):	91.26
TEMA (21):	12.06
Williams %R (14):	-11.39
Chande Momentum Oscillator (20):	0.59
Repulse (5,40,3):	0.8000
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	7.76

MA7:	11.94
MA20:	12.88
MA50:	13.49
MA100:	13.47
MAexp7:	12.03
MAexp20:	11.86
MAexp50:	11.99
MAexp100:	12.32
Price / MA7:	+1.84%
Price / MA20:	-5.59%
Price / MA50:	-9.86%
Price / MA100:	-9.73%
Price / MAexp7:	+1.08%
Price / MAexp20:	+2.53%
Price / MAexp50:	+1.42%
Price / MAexp100:	-1.30%

Quotes : - 15 min delayed data - 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 receives order for more than 100 MW for a wind farm in Canada
EQS-News: Nordex Group delivers consistent revenue growth with increasing profitability in the first nine months
EQS-News: Nordex Group order intake grows to 5.1 GW in the first nine months of 2024
EQS-News: Nordex Group receives orders totalling 500 MW from Canada
EQS-News: Nordex Group receives order for 66 MW from the UK

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

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Londinia AI

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