ESTOXX50 PRICE EUR INDEX

- EUR (-)

- 15 min delayed data - STOXX Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	SX5E
ISIN:	EU0009658145

ESTOXX50 PRICE EUR INDEX - 1H - Technical analysis published on 04/19/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

28%

17%

56%

My opinion

Bullish above 4,345.94 EUR

My targets

4,421.33 EUR (+0.63%)

4,451.92 EUR (+1.33%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ESTOXX50 PRICE EUR INDEX as long as the price remains well above 4,345.94 EUR. The buyers' bullish objective is set at 4,421.33 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,451.92 EUR. If there is any crossing, the next objective would be the resistance located at 4,506.25 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

Comment on the analysis

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ESTOXX50 PRICE EUR INDEX price is 4,393.69 EUR. On the day, this instrument lost -0.01% and was traded between 4,373.19 EUR and 4,395.42 EUR over the period. The price is currently at +0.47% from its lowest and -0.04% from its highest.

4,373.19

4,395.42

4,393.69

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 ESTOXX50 PRICE EUR INDEX in 1H shows a strongly overall bullish trend. 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	4,214.40	4,306.85	4,345.94	4,393.69	4,401.49
Change (%)	-4.08%	-1.98%	-1.09%	-	+0.18%
Change	-179.29	-86.84	-47.75	-	+7.80
Level	Intermediate	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	4,331.68	4,349.65	4,371.80	4,389.77	4,411.92	4,429.89	4,452.04
Camarilla	4,382.92	4,386.60	4,390.27	4,393.95	4,397.63	4,401.31	4,404.98
Woodie	4,333.77	4,350.70	4,373.89	4,390.82	4,414.01	4,430.94	4,454.13
Fibonacci	4,349.65	4,364.98	4,374.44	4,389.77	4,405.10	4,414.56	4,429.89

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4,251.49	4,282.08	4,336.41	4,367.00	4,421.33	4,451.92	4,506.25
Camarilla	4,367.40	4,375.18	4,382.97	4,390.75	4,398.53	4,406.32	4,414.10
Woodie	4,263.37	4,288.02	4,348.29	4,372.94	4,433.21	4,457.86	4,518.13
Fibonacci	4,282.08	4,314.52	4,334.56	4,367.00	4,399.44	4,419.48	4,451.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,744.48	3,862.71	4,088.88	4,207.11	4,433.28	4,551.51	4,777.68
Camarilla	4,220.34	4,251.91	4,283.48	4,315.05	4,346.62	4,378.19	4,409.76
Woodie	3,798.45	3,889.70	4,142.85	4,234.10	4,487.25	4,578.50	4,831.65
Fibonacci	3,862.71	3,994.27	4,075.55	4,207.11	4,338.67	4,419.95	4,551.51

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):	54.43
MACD (12,26,9):	3.0100
Directional Movement:	4.93
AROON (14):	-42.86
DEMA (21):	4,390.17
Parabolic SAR (0,02-0,02-0,2):	4,400.34
Elder Ray (13):	1.79
Super Trend (3,10):	4,406.05
Zig ZAG (10):	4,388.27
VORTEX (21):	1.0700
Stochastique (14,3,5):	35.98
TEMA (21):	4,385.76
Williams %R (14):	-55.40
Chande Momentum Oscillator (20):	-11.08
Repulse (5,40,3):	0.0600
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.04

MA7:	4,367.56
MA20:	4,284.22
MA50:	4,246.63
MA100:	4,126.59
MAexp7:	4,386.09
MAexp20:	4,384.85
MAexp50:	4,371.14
MAexp100:	4,340.58
Price / MA7:	+0.60%
Price / MA20:	+2.56%
Price / MA50:	+3.46%
Price / MA100:	+6.47%
Price / MAexp7:	+0.17%
Price / MAexp20:	+0.20%
Price / MAexp50:	+0.52%
Price / MAexp100:	+1.22%

Quotes : - 15 min delayed data - STOXX Indices

News

Don't forget to follow the news on ESTOXX50 PRICE EUR INDEX. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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