TECH ALL SHARE PERF INDEX - 1H - Technical analysis published on 07/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 4,041.89 EUR
My targets
4,125.21 EUR (+1.15%)
4,191.08 EUR (+2.76%)
My analysis
TECH ALL SHARE PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4,041.89 EUR. The next resistance located at 4,125.21 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4,191.08 EUR. After this resistance, buyers could then target 4,331.42 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.7
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Additional analysis
Quotes
TECH ALL SHARE PERF INDEX rating 4,078.46 EUR. The price is lower by -0.03% since the last closing and was between 4,073.04 EUR and 4,127.47 EUR. This implies that the price is at +0.13% from its lowest and at -1.19% from its highest.4,073.04
4,127.47
4,078.46
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TECH ALL SHARE PERF INDEX:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TECH ALL SHARE PERF INDEX chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,911.34 | 3,943.53 | 4,041.89 | 4,078.46 | 4,125.21 | 4,331.42 | 4,587.79 |
| Change (%) | -4.10% | -3.31% | -0.90% | - | +1.15% | +6.20% | +12.49% |
| Change | -167.12 | -134.93 | -36.57 | - | +46.75 | +252.96 | +509.33 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | 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 | 3,945.97 | 3,974.69 | 4,027.16 | 4,055.88 | 4,108.35 | 4,137.07 | 4,189.54 |
| Camarilla | 4,057.29 | 4,064.74 | 4,072.18 | 4,079.62 | 4,087.06 | 4,094.51 | 4,101.95 |
| Woodie | 3,957.84 | 3,980.63 | 4,039.03 | 4,061.82 | 4,120.22 | 4,143.01 | 4,201.41 |
| Fibonacci | 3,974.69 | 4,005.71 | 4,024.87 | 4,055.88 | 4,086.90 | 4,106.06 | 4,137.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,638.54 | 3,743.74 | 3,914.81 | 4,020.01 | 4,191.08 | 4,296.28 | 4,467.35 |
| Camarilla | 4,009.91 | 4,035.23 | 4,060.56 | 4,085.88 | 4,111.21 | 4,136.53 | 4,161.85 |
| Woodie | 3,671.48 | 3,760.21 | 3,947.75 | 4,036.48 | 4,224.02 | 4,312.75 | 4,500.29 |
| Fibonacci | 3,743.74 | 3,849.28 | 3,914.48 | 4,020.01 | 4,125.55 | 4,190.75 | 4,296.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,101.40 | 3,449.35 | 3,658.97 | 4,006.92 | 4,216.54 | 4,564.49 | 4,774.11 |
| Camarilla | 3,715.27 | 3,766.38 | 3,817.49 | 3,868.60 | 3,919.71 | 3,970.82 | 4,021.93 |
| Woodie | 3,032.25 | 3,414.77 | 3,589.82 | 3,972.34 | 4,147.39 | 4,529.91 | 4,704.96 |
| Fibonacci | 3,449.35 | 3,662.34 | 3,793.93 | 4,006.92 | 4,219.91 | 4,351.50 | 4,564.49 |
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): | 57.92 | |
| MACD (12,26,9): | 10.7800 | |
| Directional Movement: | 21.65 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 4,084.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,125.59 | |
| Elder Ray (13): | 12.10 | |
| Super Trend (3,10): | 4,052.61 | |
| Zig ZAG (10): | 4,083.90 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 59.43 | |
| TEMA (21): | 4,088.00 | |
| Williams %R (14): | -48.11 | |
| Chande Momentum Oscillator (20): | 36.03 | |
| Repulse (5,40,3): | -0.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.47 |
| MA7: | 4,054.79 | |
| MA20: | 3,964.91 | |
| MA50: | 4,037.62 | |
| MA100: | 4,215.31 | |
| MAexp7: | 4,083.45 | |
| MAexp20: | 4,072.54 | |
| MAexp50: | 4,051.36 | |
| MAexp100: | 4,017.35 | |
| Price / MA7: | +0.58% | |
| Price / MA20: | +2.86% | |
| Price / MA50: | +1.01% | |
| Price / MA100: | -3.25% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.67% | |
| Price / MAexp100: | +1.52% |
Quotes :
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15 min delayed data
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Germany Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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