STXE 600 FIN SVCS EUR (PRICE)

SXFP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXFP
ISIN:	EU0009658848

STXE 600 FIN SVCS EUR (PRICE) - Daily - Technical analysis published on 08/29/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

61%

22%

My opinion

Bearish under 599.08 EUR

My targets

564.40 EUR (-4.22%)

547.41 EUR (-7.10%)

My analysis

In the short term, we can see an acceleration in the bearish trend on STXE 600 FIN SVCS EUR (PRICE), which is a positive signal for sellers. As long as the price remains above 599.08 EUR, a sale could be considered. The first bearish objective is located at 564.40 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 547.41 EUR as an objective. Crossing it would then enable sellers to target 507.40 EUR. If the price were to return above 599.08 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

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

Force

5.7

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 STXE 600 FIN SVCS EUR (PRICE) rating is 589.24 EUR. On the day, this instrument lost -0.10% with the lowest point at 583.13 EUR and the highest point at 589.24 EUR. The deviation from the price is +1.05% for the low point and 0% for the high point.

583.13

589.24

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

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 result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this STXE 600 FIN SVCS EUR (PRICE) chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	547.41	564.40	588.95	589.24	636.83	683.60	714.37
Change (%)	-7.10%	-4.22%	-0.05%	-	+8.08%	+16.01%	+21.24%
Change	-41.83	-24.84	-0.29	-	+47.59	+94.36	+125.13
Level	Major	Minor	Intermediate	-	Major	Intermediate	Intermediate

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	566.23	577.88	583.84	595.49	601.45	613.10	619.06
Camarilla	584.96	586.57	588.19	589.80	591.41	593.03	594.64
Woodie	563.39	576.46	581.00	594.07	598.61	611.68	616.22
Fibonacci	577.88	584.61	588.76	595.49	602.22	606.37	613.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	561.19	575.36	582.58	596.75	603.97	618.14	625.36
Camarilla	583.92	585.88	587.84	589.80	591.76	593.72	595.68
Woodie	557.72	573.62	579.11	595.01	600.50	616.40	621.89
Fibonacci	575.36	583.53	588.58	596.75	604.92	609.97	618.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	494.12	520.54	572.66	599.08	651.20	677.62	729.74
Camarilla	603.17	610.37	617.57	624.77	631.97	639.17	646.37
Woodie	506.96	526.97	585.50	605.51	664.04	684.05	742.58
Fibonacci	520.54	550.55	569.08	599.08	629.09	647.62	677.62

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.94
MACD (12,26,9):	-1.0300
Directional Movement:	-18.97
AROON (14):	-57.14
DEMA (21):	607.72
Parabolic SAR (0,02-0,02-0,2):	621.05
Elder Ray (13):	-19.17
Super Trend (3,10):	616.76
Zig ZAG (10):	587.52
VORTEX (21):	0.8500
Stochastique (14,3,5):	13.27
TEMA (21):	601.71
Williams %R (14):	-90.39
Chande Momentum Oscillator (20):	-39.45
Repulse (5,40,3):	-1.8600
ROCnROLL:	2
TRIX (15,9):	0.1300
Courbe Coppock:	6.24

MA7:	599.39
MA20:	614.03
MA50:	592.45
MA100:	606.26
MAexp7:	599.56
MAexp20:	606.21
MAexp50:	603.50
MAexp100:	613.83
Price / MA7:	-1.69%
Price / MA20:	-4.04%
Price / MA50:	-0.54%
Price / MA100:	-2.81%
Price / MAexp7:	-1.72%
Price / MAexp20:	-2.80%
Price / MAexp50:	-2.36%
Price / MAexp100:	-4.01%

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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