AEX25 FTI FULL0524 - Daily - Technical analysis published on 05/05/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 727.06 EUR
My targets
758.51 EUR (+1.02%)
770.03 EUR (+2.55%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AEX25 FTI FULL0523 as long as the price remains well above 727.06 EUR. The buyers' bullish objective is set at 758.51 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 770.03 EUR. If there is any crossing, the next objective would be the resistance located at 805.34 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
4.6
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This analysis was given by didi059. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AEX25 FTI FULL0523 rating 750.85 EUR. The price registered an increase of +1.61% on the session and was traded between 740.55 EUR and 751.65 EUR over the period. The price is currently at +1.39% from its lowest and -0.11% from its highest.740.55
751.65
750.85
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AEX25 FTI FULL0523 indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
White morning star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 664.80 | 686.58 | 727.06 | 750.85 | 758.51 | 770.03 | 805.34 |
| Change (%) | -11.46% | -8.56% | -3.17% | - | +1.02% | +2.55% | +7.26% |
| Change | -86.05 | -64.27 | -23.79 | - | +7.66 | +19.18 | +54.49 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 724.90 | 729.13 | 734.05 | 738.28 | 743.20 | 747.43 | 752.35 |
| Camarilla | 736.46 | 737.30 | 738.14 | 738.98 | 739.82 | 740.66 | 741.50 |
| Woodie | 725.26 | 729.30 | 734.41 | 738.45 | 743.56 | 747.60 | 752.71 |
| Fibonacci | 729.13 | 732.62 | 734.78 | 738.28 | 741.77 | 743.93 | 747.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 726.60 | 734.08 | 745.30 | 752.78 | 764.00 | 771.48 | 782.70 |
| Camarilla | 751.39 | 753.10 | 754.82 | 756.53 | 758.24 | 759.96 | 761.67 |
| Woodie | 728.48 | 735.02 | 747.18 | 753.72 | 765.88 | 772.42 | 784.58 |
| Fibonacci | 734.08 | 741.22 | 745.63 | 752.78 | 759.92 | 764.33 | 771.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 721.40 | 731.48 | 744.00 | 754.08 | 766.60 | 776.68 | 789.20 |
| Camarilla | 750.32 | 752.39 | 754.46 | 756.53 | 758.60 | 760.67 | 762.75 |
| Woodie | 722.63 | 732.09 | 745.23 | 754.69 | 767.83 | 777.29 | 790.43 |
| Fibonacci | 731.48 | 740.11 | 745.44 | 754.08 | 762.71 | 768.04 | 776.68 |
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): | 51.96 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | -2.04 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 749.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 756.85 | |
| Elder Ray (13): | -2.71 | |
| Super Trend (3,10): | 762.13 | |
| Zig ZAG (10): | 751.05 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 32.12 | |
| TEMA (21): | 747.99 | |
| Williams %R (14): | -33.83 | |
| Chande Momentum Oscillator (20): | -7.65 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.39 |
| MA7: | 746.79 | |
| MA20: | 752.59 | |
| MA50: | 745.95 | |
| MA100: | 739.44 | |
| MAexp7: | 747.29 | |
| MAexp20: | 749.13 | |
| MAexp50: | 746.26 | |
| MAexp100: | 736.68 | |
| Price / MA7: | +0.54% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | +0.66% | |
| Price / MA100: | +1.54% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.62% | |
| Price / MAexp100: | +1.92% |
Quotes :
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15 min delayed data
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LIFFE NL Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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