STXE 600 INSUR EUR (PRICE)

SXIP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXIP
ISIN:	EU0009658822

STXE 600 INSUR EUR (PRICE) - 1H - Technical analysis published on 06/13/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

11%

50%

My opinion

Bearish under 325.01 EUR

My targets

318.76 EUR (-0.90%)

307.84 EUR (-4.30%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STXE 600 INSUR EUR (PRICE) as long as the price remains well below 325.01 EUR. The sellers' bearish objective is set at 318.76 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 307.84 EUR. In case of crossing, the next objective would be the support located at 302.03 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

5.2

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 INSUR EUR (PRICE) price is 321.66 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 319.31 EUR and the highest point at 322.93 EUR. The deviation from the price is +0.74% for the low point and -0.39% for the high point.

319.31

322.93

321.66

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STXE 600 INSUR EUR (PRICE):

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this STXE 600 INSUR EUR (PRICE) chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Three black crows

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	302.03	307.84	318.76	321.66	321.87	325.01	327.68
Change (%)	-6.10%	-4.30%	-0.90%	-	+0.07%	+1.04%	+1.87%
Change	-19.63	-13.82	-2.90	-	+0.21	+3.35	+6.02
Level	Intermediate	Major	Major	-	Minor	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	317.20	319.41	320.57	322.78	323.94	326.15	327.31
Camarilla	320.79	321.10	321.41	321.72	322.03	322.34	322.65
Woodie	316.67	319.15	320.04	322.52	323.41	325.89	326.78
Fibonacci	319.41	320.70	321.50	322.78	324.07	324.87	326.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	308.89	315.01	318.78	324.90	328.67	334.79	338.56
Camarilla	319.83	320.74	321.64	322.55	323.46	324.36	325.27
Woodie	307.72	314.42	317.61	324.31	327.50	334.20	337.39
Fibonacci	315.01	318.79	321.12	324.90	328.68	331.01	334.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	293.57	305.84	312.27	324.54	330.97	343.24	349.67
Camarilla	313.56	315.27	316.99	318.70	320.41	322.13	323.84
Woodie	290.65	304.38	309.35	323.08	328.05	341.78	346.75
Fibonacci	305.84	312.98	317.40	324.54	331.68	336.10	343.24

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):	45.78
MACD (12,26,9):	-0.6700
Directional Movement:	-1.20
AROON (14):	-50.00
DEMA (21):	320.99
Parabolic SAR (0,02-0,02-0,2):	322.93
Elder Ray (13):	0.23
Super Trend (3,10):	322.90
Zig ZAG (10):	321.66
VORTEX (21):	1.0200
Stochastique (14,3,5):	62.34
TEMA (21):	321.09
Williams %R (14):	-37.17
Chande Momentum Oscillator (20):	-0.95
Repulse (5,40,3):	-0.0800
ROCnROLL:	-1
TRIX (15,9):	-0.0400
Courbe Coppock:	1.05

MA7:	324.30
MA20:	324.80
MA50:	326.93
MA100:	328.78
MAexp7:	321.58
MAexp20:	321.98
MAexp50:	323.28
MAexp100:	324.18
Price / MA7:	-0.81%
Price / MA20:	-0.97%
Price / MA50:	-1.61%
Price / MA100:	-2.17%
Price / MAexp7:	+0.02%
Price / MAexp20:	-0.10%
Price / MAexp50:	-0.50%
Price / MAexp100:	-0.78%

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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