ESTX AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 07/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 493.18 EUR
My targets
509.55 EUR (+1.91%)
514.25 EUR (+2.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ESTX AUT&PRT EUR (PRICE) as long as the price remains well above 493.18 EUR. The buyers' bullish objective is set at 509.55 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 514.25 EUR. If there is any crossing, the next objective would be the resistance located at 565.03 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ESTX AUT&PRT EUR (PRICE) rating 500.02 EUR. The price registered a decrease of -0.01% on the session and was traded between 494.92 EUR and 503.32 EUR over the period. The price is currently at +1.03% from its lowest and -0.66% from its highest.494.92
503.32
500.02
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ESTX AUT&PRT EUR (PRICE):
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ESTX AUT&PRT EUR (PRICE) indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 463.83 | 479.74 | 493.18 | 500.02 | 500.96 | 509.55 | 514.25 |
| Change (%) | -7.24% | -4.06% | -1.37% | - | +0.19% | +1.91% | +2.85% |
| Change | -36.19 | -20.28 | -6.84 | - | +0.94 | +9.53 | +14.23 |
| Level | Minor | Major | Intermediate | - | Minor | Major | Minor |
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 | 481.38 | 487.59 | 493.84 | 500.05 | 506.30 | 512.51 | 518.76 |
| Camarilla | 496.66 | 497.81 | 498.95 | 500.09 | 501.23 | 502.37 | 503.52 |
| Woodie | 481.40 | 487.60 | 493.86 | 500.06 | 506.32 | 512.52 | 518.78 |
| Fibonacci | 487.59 | 492.35 | 495.29 | 500.05 | 504.81 | 507.75 | 512.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 432.62 | 445.73 | 463.91 | 477.02 | 495.20 | 508.31 | 526.49 |
| Camarilla | 473.48 | 476.34 | 479.21 | 482.08 | 484.95 | 487.82 | 490.69 |
| Woodie | 435.15 | 447.00 | 466.44 | 478.29 | 497.73 | 509.58 | 529.02 |
| Fibonacci | 445.73 | 457.69 | 465.07 | 477.02 | 488.98 | 496.36 | 508.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 338.09 | 400.96 | 437.22 | 500.09 | 536.35 | 599.22 | 635.48 |
| Camarilla | 446.22 | 455.31 | 464.39 | 473.48 | 482.57 | 491.65 | 500.74 |
| Woodie | 324.79 | 394.31 | 423.92 | 493.44 | 523.05 | 592.57 | 622.18 |
| Fibonacci | 400.96 | 438.83 | 462.22 | 500.09 | 537.96 | 561.35 | 599.22 |
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): | 56.52 | |
| MACD (12,26,9): | 1.3500 | |
| Directional Movement: | -3.95 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 501.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 504.63 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 493.30 | |
| Zig ZAG (10): | 500.72 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 68.07 | |
| TEMA (21): | 499.81 | |
| Williams %R (14): | -37.10 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.10 |
| MA7: | 492.42 | |
| MA20: | 483.02 | |
| MA50: | 510.35 | |
| MA100: | 520.86 | |
| MAexp7: | 500.05 | |
| MAexp20: | 499.64 | |
| MAexp50: | 494.79 | |
| MAexp100: | 489.53 | |
| Price / MA7: | +1.54% | |
| Price / MA20: | +3.52% | |
| Price / MA50: | -2.02% | |
| Price / MA100: | -4.00% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +1.06% | |
| Price / MAexp100: | +2.14% |
Quotes :
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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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