ESTX INSUR EUR (PRICE) - 1H - Technical analysis published on 03/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 328.17 EUR
My targets
334.08 EUR (+1.22%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 328.17 EUR remains possible. It is advisable to trade ESTX INSUR EUR (PRICE) with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 328.17 EUR. The next bullish objective for buyers is set at 334.08 EUR. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 328.17 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
ESTX INSUR EUR (PRICE) rating 330.06 EUR. On the day, this instrument lost -0.06% and was traded between 329.34 EUR and 331.32 EUR over the period. The price is currently at +0.22% from its lowest and -0.38% from its highest.329.34
331.32
330.06
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ESTX INSUR EUR (PRICE) chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 324.80 | 328.17 | 329.29 | 330.06 | 330.83 | 334.08 |
| Change (%) | -1.59% | -0.57% | -0.23% | - | +0.23% | +1.22% |
| Change | -5.26 | -1.89 | -0.77 | - | +0.77 | +4.02 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 325.84 | 326.99 | 328.63 | 329.78 | 331.42 | 332.57 | 334.21 |
| Camarilla | 329.49 | 329.75 | 330.00 | 330.26 | 330.52 | 330.77 | 331.03 |
| Woodie | 326.08 | 327.11 | 328.87 | 329.90 | 331.66 | 332.69 | 334.45 |
| Fibonacci | 326.99 | 328.06 | 328.72 | 329.78 | 330.85 | 331.51 | 332.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 308.04 | 313.75 | 317.81 | 323.52 | 327.58 | 333.29 | 337.35 |
| Camarilla | 319.17 | 320.07 | 320.96 | 321.86 | 322.76 | 323.65 | 324.55 |
| Woodie | 307.21 | 313.34 | 316.98 | 323.11 | 326.75 | 332.88 | 336.52 |
| Fibonacci | 313.75 | 317.49 | 319.79 | 323.52 | 327.26 | 329.56 | 333.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 308.58 | 314.02 | 322.69 | 328.13 | 336.80 | 342.24 | 350.91 |
| Camarilla | 327.47 | 328.76 | 330.06 | 331.35 | 332.64 | 333.94 | 335.23 |
| Woodie | 310.19 | 314.83 | 324.30 | 328.94 | 338.41 | 343.05 | 352.52 |
| Fibonacci | 314.02 | 319.41 | 322.74 | 328.13 | 333.52 | 336.85 | 342.24 |
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): | 49.41 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | -6.22 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 330.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 331.32 | |
| Elder Ray (13): | -0.31 | |
| Super Trend (3,10): | 332.91 | |
| Zig ZAG (10): | 330.37 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 57.41 | |
| TEMA (21): | 330.13 | |
| Williams %R (14): | -42.21 | |
| Chande Momentum Oscillator (20): | 0.44 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.22 |
| MA7: | 327.90 | |
| MA20: | 327.21 | |
| MA50: | 324.31 | |
| MA100: | 311.56 | |
| MAexp7: | 330.38 | |
| MAexp20: | 330.46 | |
| MAexp50: | 329.46 | |
| MAexp100: | 328.38 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +0.87% | |
| Price / MA50: | +1.77% | |
| Price / MA100: | +5.94% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.51% |
Quotes :
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15 min delayed data
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STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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