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

PRT GERMANY VOLATILITY INDEX
- EUR (-)
- 15 min delayed data - EUREX Options
Type: Indices
Ticker: PRTDEVI
ISIN:

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
78%
6%
17%
My opinion
Bullish above 18.05 EUR
My targets
20.71 EUR (+8.19%)
20.94 EUR (+9.40%)
My analysis
The bullish trend is currently very strong on PRT GERMANY VOLATILITY INDEX. As long as the price remains above the support at 18.05 EUR, you could try to benefit from the boom. The first bullish objective is located at 20.71 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 20.94 EUR as an objective. Crossing it would then enable buyers to target 21.78 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.

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
8.4

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Additional analysis

Quotes

PRT GERMANY VOLATILITY INDEX rating 19.14 EUR. The price has increased by +4.76% since the last closing with the lowest point at 18.86 EUR and the highest point at 19.36 EUR. The deviation from the price is +1.48% for the low point and -1.14% for the high point.

18.86
19.36
19.14

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PRT GERMANY 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.17 16.24 18.05 19.14 20.94 21.78 25.96
Change (%) -25.97% -15.15% -5.69% - +9.40% +13.79% +35.63%
Change -4.97 -2.90 -1.09 - +1.80 +2.64 +6.82
Level Intermediate Major Major - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.6915.5016.8817.6919.0719.8821.26
Camarilla17.6717.8718.0718.2718.4718.6718.87
Woodie14.9915.6417.1817.8319.3720.0221.56
Fibonacci15.5016.3316.8517.6918.5219.0419.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.716.0011.7115.0020.7124.0029.71
Camarilla14.9415.7616.5917.4118.2419.0619.89
Woodie3.916.6112.9115.6121.9124.6130.91
Fibonacci6.009.4411.5715.0018.4420.5724.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.1510.0913.3816.3219.6122.5525.84
Camarilla14.9615.5316.1016.6717.2417.8118.38
Woodie7.3310.1813.5616.4119.7922.6426.02
Fibonacci10.0912.4713.9416.3218.7020.1722.55

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): 71.77
MACD (12,26,9): 0.3900
Directional Movement: 8.04
AROON (14): 71.43
DEMA (21): 18.57
Parabolic SAR (0,02-0,02-0,2): 17.54
Elder Ray (13): 0.80
Super Trend (3,10): 18.02
Zig ZAG (10): 19.12
VORTEX (21): 1.1500
Stochastique (14,3,5): 94.61
TEMA (21): 18.85
Williams %R (14): -6.99
Chande Momentum Oscillator (20): 1.82
Repulse (5,40,3): 0.6900
ROCnROLL: 1
TRIX (15,9): 0.1900
Courbe Coppock: 14.66
MA7: 17.85
MA20: 17.36
MA50: 16.32
MA100: 15.93
MAexp7: 18.66
MAexp20: 18.13
MAexp50: 17.70
MAexp100: 17.40
Price / MA7: +7.23%
Price / MA20: +10.25%
Price / MA50: +17.28%
Price / MA100: +20.15%
Price / MAexp7: +2.57%
Price / MAexp20: +5.57%
Price / MAexp50: +8.14%
Price / MAexp100: +10.00%

Quotes : - 15 min delayed data - Options EUREX