GER.ENTREPRE.GEX.TR.

E1FX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	E1FX
ISIN:	DE000A0AER17

GER.ENTREPRE.GEX.TR. - Daily - Technical analysis published on 05/30/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 2,563.40 EUR

My targets

2,735.13 EUR (+4.15%)

2,894.17 EUR (+10.20%)

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 2,563.40 EUR remains possible. It is advisable to trade GER.ENTREPRE.GEX.TR. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,563.40 EUR. The next bullish objective for buyers is set at 2,735.13 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,894.17 EUR. If there is any crossing, the next objective would be the resistance located at 3,069.33 EUR. PS: if there is a bearish break in the support located at 2,563.40 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

2.1

Comment on the analysis

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:

Additional analysis

Quotes

GER.ENTREPRE.GEX.TR. rating 2,626.26 EUR. On the day, this instrument lost -0.02% with the lowest point at 2,621.03 EUR and the highest point at 2,642.39 EUR. The deviation from the price is +0.20% for the low point and -0.61% for the high point.

2,621.03

2,642.39

2,626.26

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GER.ENTREPRE.GEX.TR. indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,224.14	2,348.20	2,563.40	2,626.26	2,651.88	2,735.13	3,069.33
Change (%)	-15.31%	-10.59%	-2.39%	-	+0.98%	+4.15%	+16.87%
Change	-402.12	-278.06	-62.86	-	+25.62	+108.87	+443.07
Level	Major	Major	Major	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,575.27	2,599.99	2,613.42	2,638.14	2,651.57	2,676.29	2,689.72
Camarilla	2,616.36	2,619.86	2,623.35	2,626.85	2,630.35	2,633.84	2,637.34
Woodie	2,569.63	2,597.17	2,607.78	2,635.32	2,645.93	2,673.47	2,684.08
Fibonacci	2,599.99	2,614.56	2,623.57	2,638.14	2,652.71	2,661.72	2,676.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,479.68	2,537.70	2,588.72	2,646.74	2,697.76	2,755.78	2,806.80
Camarilla	2,609.74	2,619.74	2,629.74	2,639.73	2,649.73	2,659.72	2,669.72
Woodie	2,476.17	2,535.95	2,585.21	2,644.99	2,694.25	2,754.03	2,803.29
Fibonacci	2,537.70	2,579.36	2,605.09	2,646.74	2,688.40	2,714.13	2,755.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,293.15	2,376.94	2,493.49	2,577.28	2,693.83	2,777.62	2,894.17
Camarilla	2,554.94	2,573.30	2,591.67	2,610.03	2,628.40	2,646.76	2,665.12
Woodie	2,309.52	2,385.13	2,509.86	2,585.47	2,710.20	2,785.81	2,910.54
Fibonacci	2,376.94	2,453.47	2,500.75	2,577.28	2,653.81	2,701.09	2,777.62

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):	48.95
MACD (12,26,9):	9.2800
Directional Movement:	7.22
AROON (14):	-71.43
DEMA (21):	2,654.61
Parabolic SAR (0,02-0,02-0,2):	2,692.54
Elder Ray (13):	-7.47
Super Trend (3,10):	2,576.75
Zig ZAG (10):	2,621.03
VORTEX (21):	0.9900
Stochastique (14,3,5):	30.70
TEMA (21):	2,640.41
Williams %R (14):	-76.66
Chande Momentum Oscillator (20):	-38.10
Repulse (5,40,3):	-1.6400
ROCnROLL:	-1
TRIX (15,9):	0.1200
Courbe Coppock:	1.90

MA7:	2,635.75
MA20:	2,653.34
MA50:	2,570.34
MA100:	2,577.44
MAexp7:	2,633.19
MAexp20:	2,636.30
MAexp50:	2,601.57
MAexp100:	2,553.68
Price / MA7:	-0.36%
Price / MA20:	-1.02%
Price / MA50:	+2.18%
Price / MA100:	+1.89%
Price / MAexp7:	-0.26%
Price / MAexp20:	-0.38%
Price / MAexp50:	+0.95%
Price / MAexp100:	+2.84%

Quotes : - 15 min delayed data - Germany Indices

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

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