STOXX50 PRICE EUR INDEX

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SX5P
ISIN:	EU0009658160

STOXX50 PRICE EUR INDEX - Daily - Technical analysis published on 01/26/2023 (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

50%

17%

33%

My opinion

Bullish above 3,817.12 EUR

My targets

3,915.11 EUR (+1.41%)

My analysis

STOXX50 PRICE EUR INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3,817.12 EUR. The next resistance located at 3,915.11 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

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

STOXX50 PRICE EUR INDEX rating 3,860.54 EUR. The price is lower by -0.01% since the last closing and was traded between 3,855.15 EUR and 3,880.61 EUR over the period. The price is currently at +0.14% from its lowest and -0.52% from its highest.

3,855.15

3,880.61

3,860.54

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

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:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 STOXX50 PRICE EUR INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	3,591.47	3,686.09	3,817.12	3,860.54	3,866.60	3,915.11
Change (%)	-6.97%	-4.52%	-1.12%	-	+0.16%	+1.41%
Change	-269.07	-174.45	-43.42	-	+6.06	+54.57
Level	Major	Major	Intermediate	-	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,813.70	3,826.11	3,843.55	3,855.96	3,873.40	3,885.81	3,903.25
Camarilla	3,852.77	3,855.51	3,858.24	3,860.98	3,863.72	3,866.45	3,869.19
Woodie	3,816.21	3,827.37	3,846.06	3,857.22	3,875.91	3,887.07	3,905.76
Fibonacci	3,826.11	3,837.52	3,844.56	3,855.96	3,867.37	3,874.41	3,885.81

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,761.24	3,807.97	3,837.90	3,884.63	3,914.56	3,961.29	3,991.22
Camarilla	3,846.75	3,853.78	3,860.80	3,867.83	3,874.86	3,881.88	3,888.91
Woodie	3,752.84	3,803.77	3,829.50	3,880.43	3,906.16	3,957.09	3,982.82
Fibonacci	3,807.97	3,837.25	3,855.35	3,884.63	3,913.91	3,932.01	3,961.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,380.16	3,509.48	3,580.65	3,709.97	3,781.14	3,910.46	3,981.63
Camarilla	3,596.70	3,615.07	3,633.45	3,651.83	3,670.21	3,688.59	3,706.97
Woodie	3,351.10	3,494.94	3,551.59	3,695.43	3,752.08	3,895.92	3,952.57
Fibonacci	3,509.48	3,586.06	3,633.38	3,709.97	3,786.55	3,833.87	3,910.46

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):	58.34
MACD (12,26,9):	38.4400
Directional Movement:	12.49
AROON (14):	57.14
DEMA (21):	3,885.66
Parabolic SAR (0,02-0,02-0,2):	3,926.09
Elder Ray (13):	14.09
Super Trend (3,10):	3,812.25
Zig ZAG (10):	3,859.27
VORTEX (21):	1.1700
Stochastique (14,3,5):	53.54
TEMA (21):	3,892.39
Williams %R (14):	-57.72
Chande Momentum Oscillator (20):	39.52
Repulse (5,40,3):	-0.4000
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	5.69

MA7:	3,872.94
MA20:	3,828.39
MA50:	3,773.89
MA100:	3,624.13
MAexp7:	3,866.15
MAexp20:	3,833.98
MAexp50:	3,762.79
MAexp100:	3,692.58
Price / MA7:	-0.32%
Price / MA20:	+0.84%
Price / MA50:	+2.30%
Price / MA100:	+6.52%
Price / MAexp7:	-0.15%
Price / MAexp20:	+0.69%
Price / MAexp50:	+2.60%
Price / MAexp100:	+4.55%

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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