STX EU ENLARG TM EUR (PRICE) - 1H - Technical analysis published on 04/26/2023 (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:
Bearish
Underlying:
Bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 191.91 EUR
My targets
196.34 EUR (+0.55%)
201.16 EUR (+3.02%)
My analysis
With a bullish background trend, the price of STX EU ENLARG TM EUR (PRICE) is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 191.91 EUR. A bullish break in the resistance located at 196.34 EUR would boost the bullish momentum and fuel the basic trend. Then the price could move towards 201.16 EUR. Then 212.69 EUR by extension. It would be safer to wait for a bullish break in the resistance located at 196.34 EUR before allowing yourself to re trade long positions (at purchase) on STX EU ENLARG TM EUR (PRICE). PS: if there is a bearish break in the support located at 191.91 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
1.8
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.
Additional analysis
Quotes
The STX EU ENLARG TM EUR (PRICE) rating is 195.26 EUR. On the day, this instrument lost -0.07% and was traded between 194.15 EUR and 195.85 EUR over the period. The price is currently at +0.57% from its lowest and -0.30% from its highest.194.15
195.85
195.26
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 1H chart of STX EU ENLARG TM EUR (PRICE) indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 180.53 | 185.43 | 187.99 | 195.26 | 196.34 | 201.16 | 212.69 |
| Change (%) | -7.54% | -5.03% | -3.72% | - | +0.55% | +3.02% | +8.93% |
| Change | -14.73 | -9.83 | -7.27 | - | +1.08 | +5.90 | +17.43 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Major |
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 | 193.14 | 194.16 | 194.78 | 195.80 | 196.42 | 197.44 | 198.06 |
| Camarilla | 194.95 | 195.10 | 195.25 | 195.40 | 195.55 | 195.70 | 195.85 |
| Woodie | 192.94 | 194.06 | 194.58 | 195.70 | 196.22 | 197.34 | 197.86 |
| Fibonacci | 194.16 | 194.79 | 195.17 | 195.80 | 196.43 | 196.81 | 197.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 190.20 | 191.91 | 193.88 | 195.59 | 197.56 | 199.27 | 201.24 |
| Camarilla | 194.83 | 195.17 | 195.50 | 195.84 | 196.18 | 196.52 | 196.85 |
| Woodie | 190.32 | 191.98 | 194.00 | 195.66 | 197.68 | 199.34 | 201.36 |
| Fibonacci | 191.91 | 193.32 | 194.19 | 195.59 | 197.00 | 197.87 | 199.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 155.67 | 164.26 | 174.17 | 182.76 | 192.67 | 201.26 | 211.17 |
| Camarilla | 178.98 | 180.68 | 182.37 | 184.07 | 185.77 | 187.46 | 189.16 |
| Woodie | 156.32 | 164.59 | 174.82 | 183.09 | 193.32 | 201.59 | 211.82 |
| Fibonacci | 164.26 | 171.33 | 175.70 | 182.76 | 189.83 | 194.20 | 201.26 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.52 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -7.28 | |
| AROON (14): | -28.58 | |
| DEMA (21): | 195.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 196.28 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 196.66 | |
| Zig ZAG (10): | 195.79 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 50.69 | |
| TEMA (21): | 195.36 | |
| Williams %R (14): | -45.69 | |
| Chande Momentum Oscillator (20): | -0.55 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.59 |
| MA7: | 195.89 | |
| MA20: | 190.16 | |
| MA50: | 186.81 | |
| MA100: | 184.13 | |
| MAexp7: | 195.51 | |
| MAexp20: | 195.59 | |
| MAexp50: | 195.29 | |
| MAexp100: | 193.57 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | +2.68% | |
| Price / MA50: | +4.52% | |
| Price / MA100: | +6.04% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.87% |
Quotes :
-
15 min delayed data
-
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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