STXE 600 AUT&PRT EUR (PRICE) - 1H - Technical analysis published on 08/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 618.07 EUR
My targets
600.52 EUR (-2.45%)
591.45 EUR (-3.93%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STXE 600 AUT&PRT EUR (PRICE) as long as the price remains well below 618.07 EUR. The sellers' bearish objective is set at 600.52 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 591.45 EUR. In case of crossing, the next objective would be the support located at 562.26 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STXE 600 AUT&PRT EUR (PRICE) rating is 615.62 EUR. The price is lower by -0.01% since the last closing with the lowest point at 611.35 EUR and the highest point at 618.75 EUR. The deviation from the price is +0.70% for the low point and -0.51% for the high point.611.35
618.75
615.62
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STXE 600 AUT&PRT EUR (PRICE) chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 522.84 | 562.26 | 591.45 | 615.62 | 618.07 | 621.63 | 632.67 |
| Change (%) | -15.07% | -8.67% | -3.93% | - | +0.40% | +0.98% | +2.77% |
| Change | -92.78 | -53.36 | -24.17 | - | +2.45 | +6.01 | +17.05 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 599.76 | 607.44 | 611.56 | 619.24 | 623.36 | 631.04 | 635.16 |
| Camarilla | 612.45 | 613.53 | 614.61 | 615.69 | 616.77 | 617.85 | 618.94 |
| Woodie | 597.99 | 606.55 | 609.79 | 618.35 | 621.59 | 630.15 | 633.39 |
| Fibonacci | 607.44 | 611.94 | 614.73 | 619.24 | 623.74 | 626.53 | 631.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 585.92 | 600.52 | 608.10 | 622.70 | 630.28 | 644.88 | 652.46 |
| Camarilla | 609.59 | 611.62 | 613.66 | 615.69 | 617.72 | 619.76 | 621.79 |
| Woodie | 582.42 | 598.77 | 604.60 | 620.95 | 626.78 | 643.13 | 648.96 |
| Fibonacci | 600.52 | 608.99 | 614.22 | 622.70 | 631.17 | 636.40 | 644.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 585.73 | 602.06 | 628.70 | 645.03 | 671.67 | 688.00 | 714.64 |
| Camarilla | 643.52 | 647.46 | 651.40 | 655.34 | 659.28 | 663.22 | 667.16 |
| Woodie | 590.89 | 604.64 | 633.86 | 647.61 | 676.83 | 690.58 | 719.80 |
| Fibonacci | 602.06 | 618.48 | 628.62 | 645.03 | 661.45 | 671.59 | 688.00 |
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): | 35.49 | |
| MACD (12,26,9): | -2.8800 | |
| Directional Movement: | -24.90 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 614.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 616.29 | |
| Elder Ray (13): | -1.70 | |
| Super Trend (3,10): | 621.48 | |
| Zig ZAG (10): | 614.94 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 39.06 | |
| TEMA (21): | 614.15 | |
| Williams %R (14): | -54.47 | |
| Chande Momentum Oscillator (20): | -0.97 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 1.71 |
| MA7: | 624.88 | |
| MA20: | 636.54 | |
| MA50: | 633.55 | |
| MA100: | 620.53 | |
| MAexp7: | 615.84 | |
| MAexp20: | 618.34 | |
| MAexp50: | 623.67 | |
| MAexp100: | 629.03 | |
| Price / MA7: | -1.48% | |
| Price / MA20: | -3.29% | |
| Price / MA50: | -2.83% | |
| Price / MA100: | -0.79% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.44% | |
| Price / MAexp50: | -1.29% | |
| Price / MAexp100: | -2.13% |
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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