ESTX BAS RES EUR (PRICE) - 1H - Technical analysis published on 11/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 215.43 EUR
My targets
222.97 EUR (+1.20%)
227.23 EUR (+3.13%)
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 BAS RES EUR (PRICE) as long as the price remains well above 215.43 EUR. The buyers' bullish objective is set at 222.97 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 227.23 EUR. If there is any crossing, the next objective would be the resistance located at 233.39 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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This analysis was given by Londinia.
Additional analysis
Quotes
ESTX BAS RES EUR (PRICE) rating 220.33 EUR. On the day, this instrument gained +3.79% and was traded between 213.73 EUR and 220.42 EUR over the period. The price is currently at +3.09% from its lowest and -0.04% from its highest.213.73
220.42
220.33
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ESTX BAS RES EUR (PRICE):
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ESTX BAS RES EUR (PRICE) indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong 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, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
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 | 209.86 | 212.19 | 215.43 | 220.33 | 222.97 | 233.39 | 241.16 |
| Change (%) | -4.75% | -3.69% | -2.22% | - | +1.20% | +5.93% | +9.45% |
| Change | -10.47 | -8.14 | -4.90 | - | +2.64 | +13.06 | +20.83 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 206.51 | 207.79 | 210.04 | 211.32 | 213.57 | 214.85 | 217.10 |
| Camarilla | 211.31 | 211.63 | 211.96 | 212.28 | 212.60 | 212.93 | 213.25 |
| Woodie | 206.99 | 208.03 | 210.52 | 211.56 | 214.05 | 215.09 | 217.58 |
| Fibonacci | 207.79 | 209.14 | 209.98 | 211.32 | 212.67 | 213.51 | 214.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 199.79 | 206.31 | 210.25 | 216.77 | 220.71 | 227.23 | 231.17 |
| Camarilla | 211.31 | 212.27 | 213.23 | 214.19 | 215.15 | 216.11 | 217.07 |
| Woodie | 198.50 | 205.67 | 208.96 | 216.13 | 219.42 | 226.59 | 229.88 |
| Fibonacci | 206.31 | 210.31 | 212.77 | 216.77 | 220.77 | 223.23 | 227.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 172.15 | 184.48 | 198.62 | 210.95 | 225.09 | 237.42 | 251.56 |
| Camarilla | 205.47 | 207.90 | 210.32 | 212.75 | 215.18 | 217.60 | 220.03 |
| Woodie | 173.05 | 184.93 | 199.52 | 211.40 | 225.99 | 237.87 | 252.46 |
| Fibonacci | 184.48 | 194.60 | 200.84 | 210.95 | 221.07 | 227.31 | 237.42 |
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): | 68.70 | |
| MACD (12,26,9): | 0.2900 | |
| Directional Movement: | 20.70 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 214.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 210.06 | |
| Elder Ray (13): | 4.52 | |
| Super Trend (3,10): | 213.91 | |
| Zig ZAG (10): | 219.28 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 98.90 | |
| TEMA (21): | 215.17 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 5.37 | |
| Repulse (5,40,3): | 2.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.13 |
| MA7: | 215.48 | |
| MA20: | 214.51 | |
| MA50: | 212.10 | |
| MA100: | 212.51 | |
| MAexp7: | 215.71 | |
| MAexp20: | 214.17 | |
| MAexp50: | 214.77 | |
| MAexp100: | 214.78 | |
| Price / MA7: | +2.25% | |
| Price / MA20: | +2.71% | |
| Price / MA50: | +3.88% | |
| Price / MA100: | +3.68% | |
| Price / MAexp7: | +2.14% | |
| Price / MAexp20: | +2.88% | |
| Price / MAexp50: | +2.59% | |
| Price / MAexp100: | +2.58% |
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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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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