STXE 600 INDUS GD EUR (PRICE)

SXNP

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SXNP
ISIN:	EU0009658905

STXE 600 INDUS GD EUR (PRICE) - Daily - Technical analysis published on 01/24/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 670.93 EUR

My targets

729.44 EUR (+5.22%)

814.36 EUR (+17.47%)

My analysis

STXE 600 INDUS GD EUR (PRICE) 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 670.93 EUR. The next resistance located at 729.44 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 814.36 EUR. 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.

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

Force

8.6

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 STXE 600 INDUS GD EUR (PRICE) rating is 693.24 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 689.08 EUR and the highest point at 696.59 EUR. The deviation from the price is +0.60% for the low point and -0.48% for the high point.

689.08

696.59

693.24

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 STXE 600 INDUS GD EUR (PRICE) indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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
ProTrendLines	623.85	636.43	670.93	693.24	729.44	814.36
Change (%)	-10.01%	-8.19%	-3.22%	-	+5.22%	+17.47%
Change	-69.39	-56.81	-22.31	-	+36.20	+121.12
Level	Minor	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	683.48	685.53	689.49	691.54	695.50	697.55	701.51
Camarilla	691.79	692.34	692.89	693.44	693.99	694.54	695.09
Woodie	684.43	686.01	690.44	692.02	696.45	698.03	702.46
Fibonacci	685.53	687.83	689.25	691.54	693.84	695.26	697.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	654.69	667.40	677.12	689.83	699.55	712.26	721.98
Camarilla	680.67	682.73	684.78	686.84	688.90	690.95	693.01
Woodie	653.20	666.65	675.63	689.08	698.06	711.51	720.49
Fibonacci	667.40	675.97	681.26	689.83	698.40	703.69	712.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	570.19	600.77	618.64	649.22	667.09	697.67	715.54
Camarilla	623.18	627.62	632.06	636.50	640.94	645.38	649.82
Woodie	563.83	597.59	612.28	646.04	660.73	694.49	709.18
Fibonacci	600.77	619.28	630.72	649.22	667.73	679.17	697.67

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):	64.00
MACD (12,26,9):	10.9900
Directional Movement:	23.44
AROON (14):	71.43
DEMA (21):	688.95
Parabolic SAR (0,02-0,02-0,2):	680.90
Elder Ray (13):	11.20
Super Trend (3,10):	670.72
Zig ZAG (10):	693.24
VORTEX (21):	1.2000
Stochastique (14,3,5):	78.37
TEMA (21):	694.36
Williams %R (14):	-20.07
Chande Momentum Oscillator (20):	25.77
Repulse (5,40,3):	0.7100
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	11.36

MA7:	689.74
MA20:	670.55
MA50:	662.38
MA100:	630.84
MAexp7:	688.05
MAexp20:	675.65
MAexp50:	660.00
MAexp100:	647.52
Price / MA7:	+0.51%
Price / MA20:	+3.38%
Price / MA50:	+4.66%
Price / MA100:	+9.89%
Price / MAexp7:	+0.75%
Price / MAexp20:	+2.60%
Price / MAexp50:	+5.04%
Price / MAexp100:	+7.06%

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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