STOXX600 PRICE EUR INDEX

SXXP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXXP
ISIN:	EU0009658202

STOXX600 PRICE EUR INDEX - 1H - Technical analysis published on 06/08/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 455.85 EUR

My targets

462.18 EUR (+0.32%)

464.98 EUR (+0.93%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STOXX600 PRICE EUR INDEX. As long as you are above the support located at 455.85 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 462.18 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 464.98 EUR as an objective. Crossing it would then enable buyers to target 469.00 EUR. If the support 455.85 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

1.6

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 STOXX600 PRICE EUR INDEX price is 460.70 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 459.68 EUR and the highest point at 461.38 EUR. The deviation from the price is +0.22% for the low point and -0.15% for the high point.

459.68

461.38

460.70

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

Here is a more detailed summary of the historical variations registered by STOXX600 PRICE EUR INDEX:

The Central Records scanner for higher/lower results shows the following items:

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 STOXX600 PRICE EUR INDEX in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. The Central Indicators scanner found this result concerning these indicators:

RSI indicator is back under 50

Type : Bearish

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	451.25	455.85	460.39	460.70	462.18	464.98	469.00
Change (%)	-2.05%	-1.05%	-0.07%	-	+0.32%	+0.93%	+1.80%
Change	-9.45	-4.85	-0.31	-	+1.48	+4.28	+8.30
Level	Minor	Intermediate	Major	-	Major	Minor	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	457.84	459.12	459.96	461.24	462.08	463.36	464.20
Camarilla	460.22	460.41	460.61	460.80	460.99	461.19	461.38
Woodie	457.62	459.01	459.74	461.13	461.86	463.25	463.98
Fibonacci	459.12	459.93	460.43	461.24	462.05	462.55	463.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	443.22	447.24	454.69	458.71	466.16	470.18	477.63
Camarilla	459.00	460.05	461.10	462.15	463.20	464.25	465.30
Woodie	444.95	448.10	456.42	459.57	467.89	471.04	479.36
Fibonacci	447.24	451.62	454.33	458.71	463.09	465.80	470.18

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	425.99	438.62	445.19	457.82	464.39	477.02	483.59
Camarilla	446.48	448.24	450.00	451.76	453.52	455.28	457.04
Woodie	422.96	437.11	442.16	456.31	461.36	475.51	480.56
Fibonacci	438.62	445.95	450.49	457.82	465.15	469.69	477.02

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):	49.62
MACD (12,26,9):	0.0900
Directional Movement:	-4.65
AROON (14):	-21.43
DEMA (21):	461.05
Parabolic SAR (0,02-0,02-0,2):	462.10
Elder Ray (13):	-0.05
Super Trend (3,10):	462.62
Zig ZAG (10):	460.70
VORTEX (21):	1.0200
Stochastique (14,3,5):	31.81
TEMA (21):	460.72
Williams %R (14):	-64.08
Chande Momentum Oscillator (20):	-1.11
Repulse (5,40,3):	0.0100
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	0.27

MA7:	458.90
MA20:	461.78
MA50:	462.15
MA100:	458.75
MAexp7:	460.79
MAexp20:	460.85
MAexp50:	460.38
MAexp100:	460.47
Price / MA7:	+0.39%
Price / MA20:	-0.23%
Price / MA50:	-0.31%
Price / MA100:	+0.43%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.03%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.05%

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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