Londinia Opportunities Analyses - 11/21/2024 (GMT) PRT GERMANY VOLATILITY INDEX - 1H

- EUR (-)

- 15 min delayed data - EUREX Options

Type:	Indices
Ticker:	PRTDEVI
ISIN:

Londinia

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 bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 18.05 EUR

My targets

19.51 EUR (+5.92%)

20.78 EUR (+12.81%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PRT GERMANY VOLATILITY INDEX as long as the price remains well above 18.05 EUR. The buyers' bullish objective is set at 19.51 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.78 EUR. If there is any crossing, the next objective would be the resistance located at 20.94 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

7.3

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Additional analysis

Quotes

The PRT GERMANY VOLATILITY INDEX rating is 18.42 EUR. On the day, this instrument lost -0.22% with the lowest point at 18.09 EUR and the highest point at 22.37 EUR. The deviation from the price is +1.82% for the low point and -17.66% for the high point.

18.09

22.37

18.42

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

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of PRT GERMANY VOLATILITY INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 12 are bullish, 1 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.47	16.24	18.05	18.42	19.51	20.94	21.78
Change (%)	-16.02%	-11.83%	-2.01%	-	+5.92%	+13.68%	+18.24%
Change	-2.95	-2.18	-0.37	-	+1.09	+2.52	+3.36
Level	Intermediate	Minor	Major	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.41	16.02	17.24	17.85	19.07	19.68	20.90
Camarilla	17.96	18.13	18.29	18.46	18.63	18.80	18.96
Woodie	15.72	16.17	17.55	18.00	19.38	19.83	21.21
Fibonacci	16.02	16.72	17.15	17.85	18.55	18.98	19.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.08	11.31	13.93	18.16	20.78	25.01	27.63
Camarilla	14.67	15.29	15.92	16.55	17.18	17.81	18.43
Woodie	6.28	10.91	13.13	17.76	19.98	24.61	26.83
Fibonacci	11.31	13.93	15.54	18.16	20.78	22.39	25.01

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.29	4.79	11.40	15.90	22.51	27.01	33.62
Camarilla	14.95	15.96	16.98	18.00	19.02	20.04	21.06
Woodie	1.34	5.32	12.45	16.43	23.56	27.54	34.67
Fibonacci	4.79	9.04	11.66	15.90	20.15	22.77	27.01

Numerical data

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

Technical indicators

Moving averages

RSI (14):	55.73
MACD (12,26,9):	0.2600
Directional Movement:	39.64
AROON (14):	64.28
DEMA (21):	17.98
Parabolic SAR (0,02-0,02-0,2):	16.86
Elder Ray (13):	0.46
Super Trend (3,10):	18.80
Zig ZAG (10):	18.16
VORTEX (21):	1.1000
Stochastique (14,3,5):	28.76
TEMA (21):	18.03
Williams %R (14):	-72.86
Chande Momentum Oscillator (20):	0.44
Repulse (5,40,3):	-6.4300
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	3.03

MA7:	17.34
MA20:	17.49
MA50:	16.82
MA100:	16.22
MAexp7:	18.00
MAexp20:	17.65
MAexp50:	17.28
MAexp100:	17.13
Price / MA7:	+6.23%
Price / MA20:	+5.32%
Price / MA50:	+9.51%
Price / MA100:	+13.56%
Price / MAexp7:	+2.33%
Price / MAexp20:	+4.36%
Price / MAexp50:	+6.60%
Price / MAexp100:	+7.53%

Quotes : - 15 min delayed data - Options EUREX