NORDEX SE O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	NDX1
ISIN:	DE000A0D6554

NORDEX SE O.N. - 1H - Technical analysis published on 11/30/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 9.841 EUR

My targets

10.342 EUR (+2.60%)

10.644 EUR (+5.60%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NORDEX SE O.N. as long as the price remains well above 9.841 EUR. The buyers' bullish objective is set at 10.342 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.644 EUR. If there is any crossing, the next objective would be the resistance located at 11.100 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 10.342 EUR. On this resistance, against the trend traders who would like to go short on NORDEX SE O.N. with a bearish signal from their trading strategy, should not hesitate to act.

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

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.

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Additional analysis

Quotes

NORDEX SE O.N. rating 10.080 EUR. The price has increased by +1.74% since the last closing and was between 9.826 EUR and 10.140 EUR. This implies that the price is at +2.58% from its lowest and at -0.59% from its highest.

9.826

10.140

10.080

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NORDEX SE O.N. in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.373	9.588	9.841	10.080	10.342	10.644	11.100
Change (%)	-26.86%	-4.88%	-2.37%	-	+2.60%	+5.60%	+10.12%
Change	-2.707	-0.492	-0.239	-	+0.262	+0.564	+1.020
Level	Major	Major	Minor	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.389	9.587	9.748	9.946	10.107	10.305	10.466
Camarilla	9.809	9.842	9.875	9.908	9.941	9.974	10.007
Woodie	9.370	9.578	9.729	9.937	10.088	10.296	10.447
Fibonacci	9.587	9.725	9.809	9.946	10.084	10.168	10.305

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.836	9.336	9.645	10.145	10.454	10.954	11.263
Camarilla	9.732	9.806	9.880	9.954	10.028	10.102	10.177
Woodie	8.741	9.288	9.550	10.097	10.359	10.906	11.168
Fibonacci	9.336	9.645	9.836	10.145	10.454	10.645	10.954

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.241	7.785	8.856	10.400	11.471	13.015	14.086
Camarilla	9.207	9.447	9.686	9.926	10.166	10.405	10.645
Woodie	6.004	7.667	8.619	10.282	11.234	12.897	13.849
Fibonacci	7.785	8.784	9.401	10.400	11.399	12.016	13.015

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):	58.23
MACD (12,26,9):	0.0300
Directional Movement:	3.820
AROON (14):	7.143
DEMA (21):	9.998
Parabolic SAR (0,02-0,02-0,2):	9.734
Elder Ray (13):	0.064
Super Trend (3,10):	9.729
Zig ZAG (10):	10.080
VORTEX (21):	1.1510
Stochastique (14,3,5):	80.93
TEMA (21):	10.056
Williams %R (14):	-18.11
Chande Momentum Oscillator (20):	0.020
Repulse (5,40,3):	0.7180
ROCnROLL:	1
TRIX (15,9):	0.0180
Courbe Coppock:	3.94

MA7:	9.985
MA20:	10.400
MA50:	10.430
MA100:	11.081
MAexp7:	10.023
MAexp20:	9.970
MAexp50:	10.005
MAexp100:	10.136
Price / MA7:	+0.95%
Price / MA20:	-3.08%
Price / MA50:	-3.36%
Price / MA100:	-9.03%
Price / MAexp7:	+0.57%
Price / MAexp20:	+1.10%
Price / MAexp50:	+0.75%
Price / MAexp100:	-0.55%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on NORDEX SE O.N. at the time of the generation of this analysis was as follows:

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

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