Londinia Opportunities Analyses - 11/26/2024 (GMT) AEX UTILITIES - Daily
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EUR
(-)
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15 min delayed data - Euronext Indices
| Type: | Indices |
| Ticker: | NLUT |
| ISIN: | NL00150006J3 |
- FX/Indices
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
89%
6%
My opinion
Bearish under 1,460.42 EUR
My targets
1,361.92 EUR (-4.23%)
1,330.40 EUR (-6.45%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AEX UTILITIES as long as the price remains well below 1,460.42 EUR. The sellers' bearish objective is set at 1,361.92 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,330.40 EUR. In case of crossing, the next objective would be the support located at 1,209.80 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8.8
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Additional analysis
Quotes
The AEX UTILITIES price is 1,422.06 EUR. The price is lower by -2.71% since the last closing and was traded between 1,419.97 EUR and 1,480.42 EUR over the period. The price is currently at +0.15% from its lowest and -3.94% from its highest.1,419.97
1,480.42
1,422.06
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AEX UTILITIES in Journalier shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,123.87 | 1,209.80 | 1,361.92 | 1,422.06 | 1,460.42 | 1,623.91 | 1,677.07 |
| Change (%) | -20.97% | -14.93% | -4.23% | - | +2.70% | +14.19% | +17.93% |
| Change | -298.19 | -212.26 | -60.14 | - | +38.36 | +201.85 | +255.01 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Minor |
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 | 1,412.78 | 1,435.10 | 1,448.34 | 1,470.66 | 1,483.90 | 1,506.22 | 1,519.46 |
| Camarilla | 1,451.81 | 1,455.07 | 1,458.33 | 1,461.59 | 1,464.85 | 1,468.11 | 1,471.37 |
| Woodie | 1,408.25 | 1,432.83 | 1,443.81 | 1,468.39 | 1,479.37 | 1,503.95 | 1,514.93 |
| Fibonacci | 1,435.10 | 1,448.68 | 1,457.07 | 1,470.66 | 1,484.24 | 1,492.63 | 1,506.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,335.82 | 1,389.51 | 1,444.38 | 1,498.07 | 1,552.94 | 1,606.63 | 1,661.50 |
| Camarilla | 1,469.40 | 1,479.35 | 1,489.30 | 1,499.25 | 1,509.20 | 1,519.15 | 1,529.10 |
| Woodie | 1,336.41 | 1,389.81 | 1,444.97 | 1,498.37 | 1,553.53 | 1,606.93 | 1,662.09 |
| Fibonacci | 1,389.51 | 1,430.98 | 1,456.60 | 1,498.07 | 1,539.54 | 1,565.16 | 1,606.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,330.40 | 1,416.03 | 1,466.17 | 1,551.80 | 1,601.94 | 1,687.57 | 1,737.71 |
| Camarilla | 1,478.97 | 1,491.42 | 1,503.86 | 1,516.31 | 1,528.76 | 1,541.20 | 1,553.65 |
| Woodie | 1,312.66 | 1,407.16 | 1,448.43 | 1,542.93 | 1,584.20 | 1,678.70 | 1,719.97 |
| Fibonacci | 1,416.03 | 1,467.89 | 1,499.94 | 1,551.80 | 1,603.66 | 1,635.71 | 1,687.57 |
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): | 37.11 | |
| MACD (12,26,9): | -28.4800 | |
| Directional Movement: | -19.06 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 1,472.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,541.22 | |
| Elder Ray (13): | -40.08 | |
| Super Trend (3,10): | 1,585.41 | |
| Zig ZAG (10): | 1,425.81 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 20.95 | |
| TEMA (21): | 1,460.10 | |
| Williams %R (14): | -98.52 | |
| Chande Momentum Oscillator (20): | -117.80 | |
| Repulse (5,40,3): | -6.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 7.81 |
| MA7: | 1,475.73 | |
| MA20: | 1,512.59 | |
| MA50: | 1,556.81 | |
| MA100: | 1,600.81 | |
| MAexp7: | 1,472.65 | |
| MAexp20: | 1,507.61 | |
| MAexp50: | 1,546.38 | |
| MAexp100: | 1,568.95 | |
| Price / MA7: | -3.64% | |
| Price / MA20: | -5.99% | |
| Price / MA50: | -8.66% | |
| Price / MA100: | -11.17% | |
| Price / MAexp7: | -3.44% | |
| Price / MAexp20: | -5.67% | |
| Price / MAexp50: | -8.04% | |
| Price / MAexp100: | -9.36% |
Quotes :
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15 min delayed data
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Indices Euronext