STXE 600 AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 02/02/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 602.57 EUR
My targets
631.71 EUR (+1.61%)
671.94 EUR (+8.08%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STXE 600 AUT&PRT EUR (PRICE) as long as the price remains well above 602.57 EUR. The buyers' bullish objective is set at 631.71 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 671.94 EUR. If there is any crossing, the next objective would be the resistance located at 687.28 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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Additional analysis
Quotes
The STXE 600 AUT&PRT EUR (PRICE) rating is 621.73 EUR. On the day, this instrument gained +4.55% and was between 596.28 EUR and 623.72 EUR. This implies that the price is at +4.27% from its lowest and at -0.32% from its highest.596.28
623.72
621.73
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STXE 600 AUT&PRT EUR (PRICE) indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
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
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 573.78 | 584.96 | 592.95 | 621.73 | 687.28 |
| Change (%) | -7.71% | -5.91% | -4.63% | - | +10.54% |
| Change | -47.95 | -36.77 | -28.78 | - | +65.55 |
| Level | Intermediate | Intermediate | Intermediate | - | Major |
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 | 581.26 | 584.25 | 589.48 | 592.47 | 597.70 | 600.69 | 605.92 |
| Camarilla | 592.44 | 593.19 | 593.95 | 594.70 | 595.45 | 596.21 | 596.96 |
| Woodie | 582.37 | 584.81 | 590.59 | 593.03 | 598.81 | 601.25 | 607.03 |
| Fibonacci | 584.25 | 587.39 | 589.33 | 592.47 | 595.61 | 597.55 | 600.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 555.30 | 562.47 | 575.35 | 582.52 | 595.40 | 602.57 | 615.45 |
| Camarilla | 582.72 | 584.55 | 586.39 | 588.23 | 590.07 | 591.91 | 593.74 |
| Woodie | 558.16 | 563.90 | 578.21 | 583.95 | 598.26 | 604.00 | 618.31 |
| Fibonacci | 562.47 | 570.13 | 574.86 | 582.52 | 590.18 | 594.91 | 602.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 484.32 | 506.63 | 546.86 | 569.17 | 609.40 | 631.71 | 671.94 |
| Camarilla | 569.89 | 575.62 | 581.36 | 587.09 | 592.82 | 598.56 | 604.29 |
| Woodie | 493.28 | 511.11 | 555.82 | 573.65 | 618.36 | 636.19 | 680.90 |
| Fibonacci | 506.63 | 530.52 | 545.28 | 569.17 | 593.06 | 607.82 | 631.71 |
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): | 82.65 | |
| MACD (12,26,9): | 8.9700 | |
| Directional Movement: | 51.34 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 613.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 608.52 | |
| Elder Ray (13): | 14.79 | |
| Super Trend (3,10): | 610.16 | |
| Zig ZAG (10): | 621.34 | |
| VORTEX (21): | 1.4600 | |
| Stochastique (14,3,5): | 95.94 | |
| TEMA (21): | 618.67 | |
| Williams %R (14): | -6.44 | |
| Chande Momentum Oscillator (20): | 30.51 | |
| Repulse (5,40,3): | 1.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 8.31 |
| MA7: | 590.21 | |
| MA20: | 582.37 | |
| MA50: | 559.89 | |
| MA100: | 537.24 | |
| MAexp7: | 613.93 | |
| MAexp20: | 602.78 | |
| MAexp50: | 592.43 | |
| MAexp100: | 584.98 | |
| Price / MA7: | +5.34% | |
| Price / MA20: | +6.76% | |
| Price / MA50: | +11.05% | |
| Price / MA100: | +15.73% | |
| Price / MAexp7: | +1.27% | |
| Price / MAexp20: | +3.14% | |
| Price / MAexp50: | +4.95% | |
| Price / MAexp100: | +6.28% |
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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