ESTX TELECOM EUR (PRICE) - 1H - Technical analysis published on 02/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 290.25 EUR
My targets
300.25 EUR (+2.01%)
309.04 EUR (+4.99%)
My analysis
The basic bullish trend is very strong on ESTX TELECOM EUR (PRICE) but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 290.25 EUR. Crossing the first resistance at 300.25 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 309.04 EUR as an objective. Crossing it would then enable buyers to target 426.92 EUR. Caution, a return to below 290.25 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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Additional analysis
Quotes
ESTX TELECOM EUR (PRICE) rating 294.34 EUR. The price is lower by -0.08% since the last closing and was between 293.98 EUR and 296.33 EUR. This implies that the price is at +0.12% from its lowest and at -0.67% from its highest.293.98
296.33
294.34
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ESTX TELECOM EUR (PRICE):
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ESTX TELECOM EUR (PRICE) in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 282.62 | 286.36 | 290.25 | 294.34 | 294.79 | 300.25 | 309.04 |
| Change (%) | -3.98% | -2.71% | -1.39% | - | +0.15% | +2.01% | +4.99% |
| Change | -11.72 | -7.98 | -4.09 | - | +0.45 | +5.91 | +14.70 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | 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 | 293.02 | 293.68 | 294.12 | 294.78 | 295.22 | 295.88 | 296.32 |
| Camarilla | 294.26 | 294.36 | 294.46 | 294.56 | 294.66 | 294.76 | 294.86 |
| Woodie | 292.91 | 293.63 | 294.01 | 294.73 | 295.11 | 295.83 | 296.21 |
| Fibonacci | 293.68 | 294.10 | 294.36 | 294.78 | 295.20 | 295.46 | 295.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 275.14 | 279.16 | 286.79 | 290.81 | 298.44 | 302.46 | 310.09 |
| Camarilla | 291.22 | 292.28 | 293.35 | 294.42 | 295.49 | 296.56 | 297.62 |
| Woodie | 276.95 | 280.06 | 288.60 | 291.71 | 300.25 | 303.36 | 311.90 |
| Fibonacci | 279.16 | 283.61 | 286.36 | 290.81 | 295.26 | 298.01 | 302.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 248.74 | 255.65 | 268.97 | 275.88 | 289.20 | 296.11 | 309.43 |
| Camarilla | 276.74 | 278.59 | 280.45 | 282.30 | 284.15 | 286.01 | 287.86 |
| Woodie | 251.96 | 257.25 | 272.19 | 277.48 | 292.42 | 297.71 | 312.65 |
| Fibonacci | 255.65 | 263.38 | 268.15 | 275.88 | 283.61 | 288.38 | 296.11 |
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): | 53.87 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | 15.45 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 295.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 295.83 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 292.77 | |
| Zig ZAG (10): | 294.08 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 10.96 | |
| TEMA (21): | 294.65 | |
| Williams %R (14): | -92.34 | |
| Chande Momentum Oscillator (20): | -0.72 | |
| Repulse (5,40,3): | -0.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.02 |
| MA7: | 291.11 | |
| MA20: | 285.09 | |
| MA50: | 277.07 | |
| MA100: | 272.38 | |
| MAexp7: | 294.46 | |
| MAexp20: | 294.16 | |
| MAexp50: | 292.11 | |
| MAexp100: | 289.24 | |
| Price / MA7: | +1.11% | |
| Price / MA20: | +3.24% | |
| Price / MA50: | +6.23% | |
| Price / MA100: | +8.06% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | +1.76% |
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.
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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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