PRT FR INDEX
FRIDX
- EUR (-)
- 15 min delayed data - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: FRIDX
ISIN:

PRT FR INDEX - 1H - Technical analysis published on 08/24/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 6,380.64 EUR
My targets
6,330.40 EUR (-0.49%)
6,253.14 EUR (-1.71%)
My analysis
The bearish trend is currently very strong for PRT FR INDEX. As long as the price remains below the resistance at 6,380.64 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 6,330.40 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6,253.14 EUR as an objective. Crossing it would then enable sellers to target 6,193.55 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The PRT FR INDEX rating is 6,361.70 EUR. The price is lower by -0.01% since the last closing and was traded between 6,318.54 EUR and 6,366.98 EUR over the period. The price is currently at +0.68% from its lowest and -0.08% from its highest.

6,318.54
6,366.98
6,361.70

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 an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PRT FR INDEX in 1H 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



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

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

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6,193.55 6,253.14 6,330.40 6,361.70 6,380.64 6,485.25 6,559.57
Change (%) -2.64% -1.71% -0.49% - +0.30% +1.94% +3.11%
Change -168.15 -108.56 -31.30 - +18.94 +123.55 +197.87
Level Minor Intermediate Major - Minor Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,253.766,292.086,327.056,365.376,400.346,438.666,473.63
Camarilla6,341.876,348.586,355.306,362.026,368.746,375.466,382.18
Woodie6,252.096,291.246,325.386,364.536,398.676,437.826,471.96
Fibonacci6,292.086,320.086,337.376,365.376,393.376,410.666,438.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,330.946,409.466,452.656,531.176,574.366,652.886,696.07
Camarilla6,462.366,473.526,484.676,495.836,506.996,518.146,529.30
Woodie6,313.276,400.636,434.986,522.346,556.696,644.056,678.40
Fibonacci6,409.466,455.966,484.686,531.176,577.676,606.396,652.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,311.635,549.075,998.786,236.226,685.936,923.377,373.08
Camarilla6,259.536,322.526,385.516,448.506,511.496,574.486,637.47
Woodie5,417.785,602.146,104.936,289.296,792.086,976.447,479.23
Fibonacci5,549.075,811.565,973.736,236.226,498.716,660.886,923.37

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): 35.71
MACD (12,26,9): -37.8100
Directional Movement: -23.06
AROON (14): -92.86
DEMA (21): 6,337.00
Parabolic SAR (0,02-0,02-0,2): 6,401.99
Elder Ray (13): -29.19
Super Trend (3,10): 6,428.27
Zig ZAG (10): 6,348.63
VORTEX (21): 0.7500
Stochastique (14,3,5): 26.15
TEMA (21): 6,331.08
Williams %R (14): -60.58
Chande Momentum Oscillator (20): -4.61
Repulse (5,40,3): 0.1600
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 1.47
MA7: 6,466.76
MA20: 6,478.35
MA50: 6,208.18
MA100: 6,305.69
MAexp7: 6,355.87
MAexp20: 6,389.45
MAexp50: 6,447.70
MAexp100: 6,467.22
Price / MA7: -1.62%
Price / MA20: -1.80%
Price / MA50: +2.47%
Price / MA100: +0.89%
Price / MAexp7: +0.09%
Price / MAexp20: -0.43%
Price / MAexp50: -1.33%
Price / MAexp100: -1.63%

Quotes : - 15 min delayed data - Euronext Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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