ESTX FD&BVR EUR (PRICE)

SX3E

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX3E
ISIN:	EU0009658368

ESTX FD&BVR EUR (PRICE) - Daily - Technical analysis published on 02/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 510.09 EUR

My targets

528.56 EUR (+1.40%)

535.95 EUR (+2.82%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ESTX FD&BVR EUR (PRICE) as long as the price remains well above 510.09 EUR. The buyers' bullish objective is set at 528.56 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 535.95 EUR. If there is any crossing, the next objective would be the resistance located at 592.72 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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

The ESTX FD&BVR EUR (PRICE) rating is 521.25 EUR. The price registered a decrease of -0.08% on the session and was traded between 518.97 EUR and 523.82 EUR over the period. The price is currently at +0.44% from its lowest and -0.49% from its highest.

518.97

523.82

521.25

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ESTX FD&BVR EUR (PRICE) indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	477.73	493.43	510.09	521.25	521.44	528.56	592.72
Change (%)	-8.35%	-5.34%	-2.14%	-	+0.04%	+1.40%	+13.71%
Change	-43.52	-27.82	-11.16	-	+0.19	+7.31	+71.47
Level	Major	Major	Major	-	Intermediate	Major	Major

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	512.92	515.11	518.37	520.56	523.82	526.01	529.27
Camarilla	520.14	520.64	521.14	521.64	522.14	522.64	523.14
Woodie	513.47	515.38	518.92	520.83	524.37	526.28	529.82
Fibonacci	515.11	517.19	518.48	520.56	522.64	523.93	526.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	480.43	489.76	503.16	512.49	525.89	535.22	548.62
Camarilla	510.31	512.39	514.48	516.56	518.64	520.73	522.81
Woodie	482.47	490.78	505.20	513.51	527.93	536.24	550.66
Fibonacci	489.76	498.44	503.81	512.49	521.17	526.54	535.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	468.09	479.57	490.71	502.19	513.33	524.81	535.95
Camarilla	495.63	497.70	499.78	501.85	503.92	506.00	508.07
Woodie	467.92	479.49	490.54	502.11	513.16	524.73	535.78
Fibonacci	479.57	488.21	493.55	502.19	510.83	516.17	524.81

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):	66.60
MACD (12,26,9):	3.7300
Directional Movement:	17.94
AROON (14):	50.00
DEMA (21):	512.58
Parabolic SAR (0,02-0,02-0,2):	501.55
Elder Ray (13):	10.62
Super Trend (3,10):	501.33
Zig ZAG (10):	521.25
VORTEX (21):	1.0800
Stochastique (14,3,5):	88.91
TEMA (21):	515.32
Williams %R (14):	-9.12
Chande Momentum Oscillator (20):	11.12
Repulse (5,40,3):	1.6700
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	4.32

MA7:	512.52
MA20:	505.77
MA50:	504.13
MA100:	496.55
MAexp7:	514.60
MAexp20:	508.68
MAexp50:	504.71
MAexp100:	502.55
Price / MA7:	+1.70%
Price / MA20:	+3.06%
Price / MA50:	+3.40%
Price / MA100:	+4.97%
Price / MAexp7:	+1.29%
Price / MAexp20:	+2.47%
Price / MAexp50:	+3.28%
Price / MAexp100:	+3.72%

Quotes : - 15 min delayed data - STOXX Indices

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

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