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 03/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 11.548 EUR

My targets

12.413 EUR (+3.31%)

13.093 EUR (+8.97%)

My analysis

A bullish trend on NORDEX SE O.N. both in substance and in the short term. A purchase could be considered as long as the price remains above 11.548 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 12.413 EUR. Then the price could move towards 13.093 EUR. Then 15.437 EUR by extension. Be careful, a return below 11.548 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

4.3

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 NORDEX SE O.N. price is 12.015 EUR. On the day, this instrument lost -0.29% and was between 11.800 EUR and 12.095 EUR. This implies that the price is at +1.82% from its lowest and at -0.66% from its highest.

11.800

12.095

12.015

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NORDEX SE O.N.:

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

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 NORDEX SE O.N. in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, only 8 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.419	10.903	11.997	12.015	12.413	13.093	15.437
Change (%)	-13.28%	-9.26%	-0.15%	-	+3.31%	+8.97%	+28.48%
Change	-1.596	-1.112	-0.018	-	+0.398	+1.078	+3.422
Level	Major	Minor	Intermediate	-	Intermediate	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.473	11.617	11.833	11.977	12.193	12.337	12.553
Camarilla	11.951	11.984	12.017	12.050	12.083	12.116	12.149
Woodie	11.510	11.635	11.870	11.995	12.230	12.355	12.590
Fibonacci	11.617	11.754	11.839	11.977	12.114	12.199	12.337

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.493	10.927	11.548	11.982	12.603	13.037	13.658
Camarilla	11.880	11.977	12.073	12.170	12.267	12.363	12.460
Woodie	10.588	10.974	11.643	12.029	12.698	13.084	13.753
Fibonacci	10.927	11.330	11.579	11.982	12.385	12.634	13.037

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.500	8.315	9.420	10.235	11.340	12.155	13.260
Camarilla	9.997	10.173	10.349	10.525	10.701	10.877	11.053
Woodie	7.645	8.388	9.565	10.308	11.485	12.228	13.405
Fibonacci	8.315	9.048	9.502	10.235	10.968	11.422	12.155

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.53
MACD (12,26,9):	-0.0040
Directional Movement:	-7.476
AROON (14):	57.142
DEMA (21):	11.989
Parabolic SAR (0,02-0,02-0,2):	12.114
Elder Ray (13):	0
Super Trend (3,10):	11.766
Zig ZAG (10):	12.000
VORTEX (21):	0.9010
Stochastique (14,3,5):	59.72
TEMA (21):	11.953
Williams %R (14):	-38.89
Chande Momentum Oscillator (20):	-0.020
Repulse (5,40,3):	0.3440
ROCnROLL:	-1
TRIX (15,9):	-0.0180
Courbe Coppock:	0.06

MA7:	12.047
MA20:	10.920
MA50:	10.179
MA100:	10.193
MAexp7:	11.985
MAexp20:	11.994
MAexp50:	11.906
MAexp100:	11.544
Price / MA7:	-0.27%
Price / MA20:	+10.03%
Price / MA50:	+18.04%
Price / MA100:	+17.88%
Price / MAexp7:	+0.25%
Price / MAexp20:	+0.18%
Price / MAexp50:	+0.92%
Price / MAexp100:	+4.08%

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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