Londinia Opportunities Analyses - 05/03/2024 (GMT) CLASSIC ALL SH. TR - 1H
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EUR
(-)
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15 min delayed data - Germany Indices
| Type: | Indices |
| Ticker: | CLXP |
| ISIN: | DE0007203341 |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 9,203.92 EUR
My targets
9,268.29 EUR (+0.43%)
9,402.84 EUR (+1.89%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CLASSIC ALL SH. TR as long as the price remains well above 9,203.92 EUR. The buyers' bullish objective is set at 9,268.29 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,402.84 EUR. If there is any crossing, the next objective would be the resistance located at 9,460.97 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
8.2
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Additional analysis
Quotes
CLASSIC ALL SH. TR rating 9,228.46 EUR. The price registered an increase of +0.30% on the session and was between 9,201.18 EUR and 9,240.11 EUR. This implies that the price is at +0.30% from its lowest and at -0.13% from its highest.9,201.18
9,240.11
9,228.46
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CLASSIC ALL SH. TR indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 9,072.62 | 9,130.36 | 9,203.92 | 9,228.46 | 9,268.29 | 9,402.84 | 9,460.97 |
| Change (%) | -1.69% | -1.06% | -0.27% | - | +0.43% | +1.89% | +2.52% |
| Change | -155.84 | -98.10 | -24.54 | - | +39.83 | +174.38 | +232.51 |
| Level | Intermediate | Minor | Major | - | Major | Major | 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 | 9,101.67 | 9,137.84 | 9,169.51 | 9,205.68 | 9,237.35 | 9,273.52 | 9,305.19 |
| Camarilla | 9,182.52 | 9,188.74 | 9,194.96 | 9,201.18 | 9,207.40 | 9,213.62 | 9,219.84 |
| Woodie | 9,099.42 | 9,136.72 | 9,167.26 | 9,204.56 | 9,235.10 | 9,272.40 | 9,302.94 |
| Fibonacci | 9,137.84 | 9,163.76 | 9,179.77 | 9,205.68 | 9,231.60 | 9,247.61 | 9,273.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,823.33 | 8,937.87 | 9,040.17 | 9,154.71 | 9,257.01 | 9,371.55 | 9,473.85 |
| Camarilla | 9,082.83 | 9,102.71 | 9,122.58 | 9,142.46 | 9,162.34 | 9,182.21 | 9,202.09 |
| Woodie | 8,817.20 | 8,934.81 | 9,034.04 | 9,151.65 | 9,250.88 | 9,368.49 | 9,467.72 |
| Fibonacci | 8,937.87 | 9,020.71 | 9,071.88 | 9,154.71 | 9,237.55 | 9,288.72 | 9,371.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,474.52 | 8,727.06 | 8,955.89 | 9,208.43 | 9,437.26 | 9,689.80 | 9,918.63 |
| Camarilla | 9,052.34 | 9,096.47 | 9,140.59 | 9,184.72 | 9,228.85 | 9,272.97 | 9,317.10 |
| Woodie | 8,462.67 | 8,721.13 | 8,944.04 | 9,202.50 | 9,425.41 | 9,683.87 | 9,906.78 |
| Fibonacci | 8,727.06 | 8,910.94 | 9,024.55 | 9,208.43 | 9,392.31 | 9,505.92 | 9,689.80 |
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): | 59.62 | |
| MACD (12,26,9): | 4.3200 | |
| Directional Movement: | 7.59 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 9,210.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,174.01 | |
| Elder Ray (13): | 15.14 | |
| Super Trend (3,10): | 9,260.46 | |
| Zig ZAG (10): | 9,230.66 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 51.07 | |
| TEMA (21): | 9,205.60 | |
| Williams %R (14): | -23.91 | |
| Chande Momentum Oscillator (20): | 10.08 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.62 |
| MA7: | 9,180.22 | |
| MA20: | 9,194.93 | |
| MA50: | 9,059.64 | |
| MA100: | 8,967.70 | |
| MAexp7: | 9,206.34 | |
| MAexp20: | 9,204.22 | |
| MAexp50: | 9,192.07 | |
| MAexp100: | 9,183.59 | |
| Price / MA7: | +0.53% | |
| Price / MA20: | +0.36% | |
| Price / MA50: | +1.86% | |
| Price / MA100: | +2.91% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.40% | |
| Price / MAexp100: | +0.49% |
Quotes :
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15 min delayed data
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Indices Allemagne