EURO BUND FULL1224 - 15 min. - Technical analysis published on 05/20/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 130.97 EUR
My targets
130.50 EUR (-0.15%)
130.17 EUR (-0.40%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EURO BUND FULL0624 as long as the price remains well below 130.97 EUR. The next bearish objective for sellers is set at 130.50 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 130.17 EUR. If there is any crossing, the next objective would be the support located at 129.70 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.6
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This analysis was given by Barts_XV. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EURO BUND FULL0624 rating is 130.69 EUR. On the day, this instrument lost -0.10% and was traded between 130.67 EUR and 130.78 EUR over the period. The price is currently at +0.02% from its lowest and -0.07% from its highest.130.67
130.78
130.69
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EURO BUND FULL0624:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EURO BUND FULL0624 in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 128.62 | 129.72 | 130.24 | 130.69 | 130.70 | 131.13 | 131.40 |
| Change (%) | -1.58% | -0.74% | -0.34% | - | +0.01% | +0.34% | +0.54% |
| Change | -2.07 | -0.97 | -0.45 | - | +0.01 | +0.44 | +0.71 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | 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 | 129.70 | 130.17 | 130.50 | 130.97 | 131.30 | 131.77 | 132.10 |
| Camarilla | 130.60 | 130.67 | 130.75 | 130.82 | 130.89 | 130.97 | 131.04 |
| Woodie | 129.62 | 130.14 | 130.42 | 130.94 | 131.22 | 131.74 | 132.02 |
| Fibonacci | 130.17 | 130.48 | 130.67 | 130.97 | 131.28 | 131.47 | 131.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.13 | 129.19 | 130.00 | 131.06 | 131.87 | 132.93 | 133.74 |
| Camarilla | 130.31 | 130.48 | 130.65 | 130.82 | 130.99 | 131.16 | 131.33 |
| Woodie | 128.02 | 129.13 | 129.89 | 131.00 | 131.76 | 132.87 | 133.63 |
| Fibonacci | 129.19 | 129.90 | 130.34 | 131.06 | 131.77 | 132.21 | 132.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 125.04 | 127.29 | 128.61 | 130.86 | 132.18 | 134.43 | 135.75 |
| Camarilla | 128.96 | 129.29 | 129.61 | 129.94 | 130.27 | 130.60 | 130.92 |
| Woodie | 124.59 | 127.06 | 128.16 | 130.63 | 131.73 | 134.20 | 135.30 |
| Fibonacci | 127.29 | 128.65 | 129.49 | 130.86 | 132.22 | 133.06 | 134.43 |
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): | 37.91 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -11.16 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 130.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 130.78 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 130.79 | |
| Zig ZAG (10): | 130.69 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 130.73 | |
| Williams %R (14): | -81.82 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.06 |
| MA7: | 131.04 | |
| MA20: | 130.87 | |
| MA50: | 131.76 | |
| MA100: | 132.88 | |
| MAexp7: | 130.71 | |
| MAexp20: | 130.73 | |
| MAexp50: | 130.82 | |
| MAexp100: | 130.99 | |
| Price / MA7: | -0.27% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -0.81% | |
| Price / MA100: | -1.65% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -0.23% |
Quotes :
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15 min delayed data
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EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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