Londinia Opportunities Analyses - 11/18/2024 (GMT) LC 100 EUROPE - 1H

LC 100 EUROPE
- EUR (-)
- 15 min delayed data - Euronext Indices
Type: Indices
Ticker: LC100
ISIN: QS0011131735

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 156.92 EUR
My targets
154.87 EUR (-0.90%)
148.97 EUR (-4.67%)
My analysis
LC 100 EUROPE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 156.92 EUR. The next support located at 154.87 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 148.97 EUR. Below this support, sellers could then target 143.01 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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
8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

LC 100 EUROPE rating 156.27 EUR. On the day, this instrument lost -0.62% and was between 156.19 EUR and 157.24 EUR. This implies that the price is at +0.05% from its lowest and at -0.62% from its highest.

156.19
157.24
156.27

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this LC 100 EUROPE chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 143.01 148.97 154.87 156.27 156.92 158.75 160.13
Change (%) -8.49% -4.67% -0.90% - +0.42% +1.59% +2.47%
Change -13.26 -7.30 -1.40 - +0.65 +2.48 +3.86
Level Intermediate Minor Major - Major Major 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
Standard155.09156.04156.64157.59158.19159.14159.74
Camarilla156.81156.96157.10157.24157.38157.52157.67
Woodie154.92155.95156.47157.50158.02159.05159.57
Fibonacci156.04156.63157.00157.59158.18158.55159.14


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard150.80153.25155.24157.69159.68162.13164.12
Camarilla156.02156.43156.83157.24157.65158.05158.46
Woodie150.58153.14155.02157.58159.46162.02163.90
Fibonacci153.25154.94155.99157.69159.38160.43162.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard144.95151.76155.45162.26165.95172.76176.45
Camarilla156.26157.23158.19159.15160.11161.08162.04
Woodie143.40150.98153.90161.48164.40171.98174.90
Fibonacci151.76155.77158.25162.26166.27168.75172.76

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): 33.52
MACD (12,26,9): -0.3800
Directional Movement: -21.51
AROON (14): -100.00
DEMA (21): 156.80
Parabolic SAR (0,02-0,02-0,2): 157.71
Elder Ray (13): -0.72
Super Trend (3,10): 157.52
Zig ZAG (10): 156.25
VORTEX (21): 0.8300
Stochastique (14,3,5): 3.06
TEMA (21): 156.61
Williams %R (14): -95.22
Chande Momentum Oscillator (20): -1.86
Repulse (5,40,3): -0.2800
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 2.11
MA7: 157.64
MA20: 160.56
MA50: 163.87
MA100: 164.48
MAexp7: 156.71
MAexp20: 157.22
MAexp50: 157.78
MAexp100: 158.85
Price / MA7: -0.87%
Price / MA20: -2.67%
Price / MA50: -4.64%
Price / MA100: -4.99%
Price / MAexp7: -0.28%
Price / MAexp20: -0.60%
Price / MAexp50: -0.96%
Price / MAexp100: -1.62%

Quotes : - 15 min delayed data - Indices Euronext