Londinia Opportunities Analyses - 10/31/2024 (GMT) PRT EURO STOXX VOLATILITY INDEX - 1H

- EUR (-)

- 15 min delayed data - EUREX Options

Type:	Indices
Ticker:	PRTTXVI
ISIN:

Londinia

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

83%

11%

My opinion

Bullish above 20.75 EUR

My targets

21.21 EUR (+1.14%)

22.46 EUR (+7.11%)

My analysis

The bullish trend is currently very strong on PRT EURO STOXX VOLATILITY INDEX. As long as the price remains above the support at 20.75 EUR, you could try to benefit from the boom. The first bullish objective is located at 21.21 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 22.46 EUR as an objective. Crossing it would then enable buyers to target 25.60 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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Additional analysis

Quotes

The PRT EURO STOXX VOLATILITY INDEX price is 20.97 EUR. The price has increased by +5.01% since the last closing and was traded between 20.70 EUR and 21.23 EUR over the period. The price is currently at +1.30% from its lowest and -1.22% from its highest.

20.70

21.23

20.97

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of PRT EURO STOXX VOLATILITY INDEX in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.94	17.17	19.46	20.97	21.21	22.46	25.60
Change (%)	-23.99%	-18.12%	-7.20%	-	+1.14%	+7.11%	+22.08%
Change	-5.03	-3.80	-1.51	-	+0.24	+1.49	+4.63
Level	Intermediate	Intermediate	Intermediate	-	Major	Intermediate	Major

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	18.01	18.57	19.27	19.83	20.53	21.09	21.79
Camarilla	19.62	19.74	19.86	19.97	20.09	20.20	20.32
Woodie	18.08	18.61	19.34	19.87	20.60	21.13	21.86
Fibonacci	18.57	19.05	19.35	19.83	20.31	20.61	21.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.91	12.73	15.83	17.65	20.75	22.57	25.67
Camarilla	17.58	18.03	18.48	18.93	19.38	19.83	20.28
Woodie	11.55	13.05	16.47	17.97	21.39	22.89	26.31
Fibonacci	12.73	14.61	15.77	17.65	19.53	20.69	22.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-10.14	-1.73	8.18	16.59	26.50	34.91	44.82
Camarilla	13.04	14.72	16.40	18.08	19.76	21.44	23.12
Woodie	-9.40	-1.36	8.92	16.97	27.24	35.29	45.56
Fibonacci	-1.73	5.27	9.60	16.59	23.59	27.92	34.91

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	71.71
MACD (12,26,9):	0.4900
Directional Movement:	34.19
AROON (14):	92.86
DEMA (21):	20.44
Parabolic SAR (0,02-0,02-0,2):	19.95
Elder Ray (13):	0.92
Super Trend (3,10):	19.97
Zig ZAG (10):	20.98
VORTEX (21):	1.2100
Stochastique (14,3,5):	94.00
TEMA (21):	20.76
Williams %R (14):	-9.42
Chande Momentum Oscillator (20):	2.02
Repulse (5,40,3):	0.5700
ROCnROLL:	1
TRIX (15,9):	0.2500
Courbe Coppock:	16.13

MA7:	19.38
MA20:	19.25
MA50:	17.98
MA100:	17.45
MAexp7:	20.50
MAexp20:	19.86
MAexp50:	19.31
MAexp100:	19.00
Price / MA7:	+8.20%
Price / MA20:	+8.94%
Price / MA50:	+16.63%
Price / MA100:	+20.17%
Price / MAexp7:	+2.29%
Price / MAexp20:	+5.59%
Price / MAexp50:	+8.60%
Price / MAexp100:	+10.37%

Quotes : - 15 min delayed data - Options EUREX