NORDEX SE O.N. - 1H - Technical analysis published on 12/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 11.56 EUR
My targets
11.23 EUR (-1.23%)
10.94 EUR (-3.78%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NORDEX SE O.N.. As long as you are under the resistance located at 11.56 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 11.23 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 10.94 EUR as an objective. Crossing it would then enable sellers to target 7.31 EUR. If the resistance 11.56 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NORDEX SE O.N. rating 11.37 EUR. The price registered an increase of +2.80% on the session with the lowest point at 11.15 EUR and the highest point at 11.40 EUR. The deviation from the price is +1.97% for the low point and -0.26% for the high point.11.15
11.40
11.37
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NORDEX SE O.N.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NORDEX SE O.N. chart shows a bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.94 | 11.23 | 11.32 | 11.37 | 11.56 | 11.85 | 12.13 |
| Change (%) | -3.78% | -1.23% | -0.44% | - | +1.67% | +4.22% | +6.68% |
| Change | -0.43 | -0.14 | -0.05 | - | +0.19 | +0.48 | +0.76 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
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 | 10.56 | 10.79 | 10.92 | 11.15 | 11.28 | 11.51 | 11.64 |
| Camarilla | 10.96 | 10.99 | 11.03 | 11.06 | 11.09 | 11.13 | 11.16 |
| Woodie | 10.52 | 10.77 | 10.88 | 11.13 | 11.24 | 11.49 | 11.60 |
| Fibonacci | 10.79 | 10.92 | 11.01 | 11.15 | 11.28 | 11.37 | 11.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.93 | 10.43 | 10.98 | 11.48 | 12.03 | 12.53 | 13.08 |
| Camarilla | 11.23 | 11.33 | 11.42 | 11.52 | 11.62 | 11.71 | 11.81 |
| Woodie | 9.95 | 10.44 | 11.00 | 11.49 | 12.05 | 12.54 | 13.10 |
| Fibonacci | 10.43 | 10.83 | 11.08 | 11.48 | 11.88 | 12.13 | 12.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.34 | 9.78 | 10.86 | 12.30 | 13.38 | 14.82 | 15.90 |
| Camarilla | 11.26 | 11.49 | 11.72 | 11.95 | 12.18 | 12.41 | 12.64 |
| Woodie | 8.17 | 9.69 | 10.69 | 12.21 | 13.21 | 14.73 | 15.73 |
| Fibonacci | 9.78 | 10.74 | 11.33 | 12.30 | 13.26 | 13.85 | 14.82 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.78 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -2.03 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 11.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.07 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 11.43 | |
| Zig ZAG (10): | 11.37 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 73.72 | |
| TEMA (21): | 11.23 | |
| Williams %R (14): | -7.69 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | 0.5600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 0.64 |
| MA7: | 11.36 | |
| MA20: | 11.52 | |
| MA50: | 12.29 | |
| MA100: | 13.11 | |
| MAexp7: | 11.29 | |
| MAexp20: | 11.28 | |
| MAexp50: | 11.37 | |
| MAexp100: | 11.45 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -7.49% | |
| Price / MA100: | -13.27% | |
| Price / MAexp7: | +0.71% | |
| Price / MAexp20: | +0.80% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.70% |
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: The Nordex Group receives from Alterric first N175/6.X order in Greece for 56 MW
- EQS-News: Nordex Group receives order from Ukraine for 40 MW
- EQS-News: Nordex Group receives its first order from Montenegro for 55 MW
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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