STXE 600 INSUR EUR (PRICE) - 1H - Technical analysis published on 06/29/2023 (GMT)
- 94
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
17%
33%
50%
My opinion
Neutral between 318.48 EUR and 323.94 EUR
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 323.94 EUR. The first support is located at 318.48 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by STXE 600 INSUR EUR (PRICE).
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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
STXE 600 INSUR EUR (PRICE) rating 320.26 EUR. The price is lower by -0.01% since the last closing and was traded between 318.92 EUR and 320.69 EUR over the period. The price is currently at +0.42% from its lowest and -0.13% from its highest.318.92
320.69
320.26
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of STXE 600 INSUR EUR (PRICE) in 1H shows an overall slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 314.42 | 318.48 | 320.26 | 320.26 | 323.94 | 325.68 | 328.61 |
| Change (%) | -1.82% | -0.56% | 0% | - | +1.15% | +1.69% | +2.61% |
| Change | -5.84 | -1.78 | 0 | - | +3.68 | +5.42 | +8.35 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
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 | 315.74 | 317.73 | 319.02 | 321.01 | 322.30 | 324.29 | 325.58 |
| Camarilla | 319.40 | 319.70 | 320.00 | 320.30 | 320.60 | 320.90 | 321.20 |
| Woodie | 315.38 | 317.56 | 318.66 | 320.84 | 321.94 | 324.12 | 325.22 |
| Fibonacci | 317.73 | 318.99 | 319.76 | 321.01 | 322.27 | 323.04 | 324.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 303.42 | 308.92 | 313.49 | 318.99 | 323.56 | 329.06 | 333.63 |
| Camarilla | 315.29 | 316.21 | 317.14 | 318.06 | 318.98 | 319.91 | 320.83 |
| Woodie | 302.96 | 308.69 | 313.03 | 318.76 | 323.10 | 328.83 | 333.17 |
| Fibonacci | 308.92 | 312.77 | 315.14 | 318.99 | 322.84 | 325.21 | 329.06 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.28 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | -1.05 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 320.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 322.54 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 318.38 | |
| Zig ZAG (10): | 319.63 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 34.18 | |
| TEMA (21): | 320.31 | |
| Williams %R (14): | -74.82 | |
| Chande Momentum Oscillator (20): | -1.56 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.37 |
| MA7: | 318.87 | |
| MA20: | 322.12 | |
| MA50: | 325.33 | |
| MA100: | 326.60 | |
| MAexp7: | 320.05 | |
| MAexp20: | 320.02 | |
| MAexp50: | 319.71 | |
| MAexp100: | 320.29 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | -0.58% | |
| Price / MA50: | -1.56% | |
| Price / MA100: | -1.94% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | -0.01% |
Quotes :
-
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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