STX EU ENLARG TM EUR (PRICE) - 1H - Technical analysis published on 10/12/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 148.10 EUR
My targets
144.22 EUR (-0.90%)
140.68 EUR (-3.33%)
My analysis
The bearish trend is currently very strong for STX EU ENLARG TM EUR (PRICE). As long as the price remains below the resistance at 148.10 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 144.22 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 140.68 EUR as an objective. Crossing it would then enable sellers to target 128.93 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.5
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This analysis was given by Londinia.
Additional analysis
Quotes
The STX EU ENLARG TM EUR (PRICE) price is 145.53 EUR. The price is lower by -0.03% since the last closing and was traded between 144.97 EUR and 145.97 EUR over the period. The price is currently at +0.39% from its lowest and -0.30% from its highest.144.97
145.97
145.53
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STX EU ENLARG TM EUR (PRICE) chart shows a sharp bearish trend. 89.29% 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.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
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 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 | 128.93 | 140.68 | 144.22 | 145.53 | 149.64 | 154.87 | 159.49 |
| Change (%) | -11.41% | -3.33% | -0.90% | - | +2.82% | +6.42% | +9.59% |
| Change | -16.60 | -4.85 | -1.31 | - | +4.11 | +9.34 | +13.96 |
| Level | Major | Major | Intermediate | - | 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 | 141.81 | 143.03 | 144.30 | 145.52 | 146.79 | 148.01 | 149.28 |
| Camarilla | 144.90 | 145.12 | 145.35 | 145.58 | 145.81 | 146.04 | 146.27 |
| Woodie | 141.85 | 143.04 | 144.34 | 145.53 | 146.83 | 148.02 | 149.32 |
| Fibonacci | 143.03 | 143.98 | 144.57 | 145.52 | 146.47 | 147.06 | 148.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 134.68 | 138.99 | 143.79 | 148.10 | 152.90 | 157.21 | 162.01 |
| Camarilla | 146.10 | 146.93 | 147.77 | 148.60 | 149.44 | 150.27 | 151.11 |
| Woodie | 134.94 | 139.11 | 144.05 | 148.22 | 153.16 | 157.33 | 162.27 |
| Fibonacci | 138.99 | 142.47 | 144.62 | 148.10 | 151.58 | 153.73 | 157.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.24 | 129.72 | 137.47 | 151.95 | 159.70 | 174.18 | 181.93 |
| Camarilla | 139.12 | 141.16 | 143.19 | 145.23 | 147.27 | 149.31 | 151.34 |
| Woodie | 111.89 | 128.04 | 134.12 | 150.27 | 156.35 | 172.50 | 178.58 |
| Fibonacci | 129.72 | 138.21 | 143.46 | 151.95 | 160.44 | 165.69 | 174.18 |
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): | 42.13 | |
| MACD (12,26,9): | -0.7200 | |
| Directional Movement: | -9.57 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 144.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 144.88 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 146.53 | |
| Zig ZAG (10): | 145.51 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 49.15 | |
| TEMA (21): | 144.91 | |
| Williams %R (14): | -46.18 | |
| Chande Momentum Oscillator (20): | 0.48 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 1.12 |
| MA7: | 148.22 | |
| MA20: | 151.89 | |
| MA50: | 162.22 | |
| MA100: | 168.27 | |
| MAexp7: | 145.50 | |
| MAexp20: | 146.01 | |
| MAexp50: | 147.28 | |
| MAexp100: | 148.94 | |
| Price / MA7: | -1.81% | |
| Price / MA20: | -4.19% | |
| Price / MA50: | -10.29% | |
| Price / MA100: | -13.51% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -1.19% | |
| Price / MAexp100: | -2.29% |
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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