ESTX BAS RES EUR (PRICE)
SXPE
- EUR (-)
- 15 min delayed data - STOXX Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: SXPE
ISIN: EU0009658244

ESTX BAS RES EUR (PRICE) - 1H - Technical analysis published on 01/03/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 226.69 EUR
My targets
231.40 EUR (+0.69%)
233.39 EUR (+1.55%)
My analysis
A bullish trend on ESTX BAS RES EUR (PRICE) both in substance and in the short term. A purchase could be considered as long as the price remains above 226.69 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 231.40 EUR. Then the price could move towards 233.39 EUR. Then 238.81 EUR by extension. Be careful, a return below 226.69 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4

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.

Additional analysis

Quotes

ESTX BAS RES EUR (PRICE) rating 229.82 EUR. On the day, this instrument lost -0.02% with the lowest point at 228.65 EUR and the highest point at 230.90 EUR. The deviation from the price is +0.51% for the low point and -0.47% for the high point.

228.65
230.90
229.82

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in 1H of this ESTX BAS RES EUR (PRICE) chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 223.62 226.69 229.39 229.82 231.40 233.39 238.81
Change (%) -2.70% -1.36% -0.19% - +0.69% +1.55% +3.91%
Change -6.20 -3.13 -0.43 - +1.58 +3.57 +8.99
Level Intermediate Minor Minor - Intermediate Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard221.70223.52226.69228.51231.68233.50236.67
Camarilla228.50228.96229.41229.87230.33230.79231.24
Woodie222.39223.86227.38228.85232.37233.84237.36
Fibonacci223.52225.42226.60228.51230.41231.59233.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard213.34218.48221.13226.27228.92234.06236.71
Camarilla221.64222.35223.07223.78224.49225.21225.92
Woodie212.10217.86219.89225.65227.68233.44235.47
Fibonacci218.48221.46223.29226.27229.25231.08234.06


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard194.73206.82215.30227.39235.87247.96256.44
Camarilla218.12220.01221.89223.78225.67227.55229.44
Woodie192.93205.92213.50226.49234.07247.06254.64
Fibonacci206.82214.68219.53227.39235.25240.10247.96

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): 52.37
MACD (12,26,9): 0.5600
Directional Movement: 3.85
AROON (14): 35.72
DEMA (21): 229.24
Parabolic SAR (0,02-0,02-0,2): 227.50
Elder Ray (13): 0.04
Super Trend (3,10): 226.93
Zig ZAG (10): 228.45
VORTEX (21): 1.0000
Stochastique (14,3,5): 44.00
TEMA (21): 229.26
Williams %R (14): -56.33
Chande Momentum Oscillator (20): -0.01
Repulse (5,40,3): -0.3200
ROCnROLL: -1
TRIX (15,9): 0.0500
Courbe Coppock: 0.07
MA7: 225.71
MA20: 230.09
MA50: 225.36
MA100: 219.67
MAexp7: 228.69
MAexp20: 228.37
MAexp50: 227.70
MAexp100: 228.31
Price / MA7: +1.82%
Price / MA20: -0.12%
Price / MA50: +1.98%
Price / MA100: +4.62%
Price / MAexp7: +0.49%
Price / MAexp20: +0.63%
Price / MAexp50: +0.93%
Price / MAexp100: +0.66%

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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