ESTOXX50 FULL0624 - 15 min. - Technical analysis published on 06/15/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 4,139.67 EUR
My targets
4,167.67 EUR (+0.40%)
4,180.33 EUR (+0.71%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4,139.67 EUR remains possible. It is advisable to trade ESTOXX50 FULL0621 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4,139.67 EUR. The next bullish objective for buyers is set at 4,167.67 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,180.33 EUR. If there is any crossing, the next objective would be the resistance located at 4,580.00 EUR. PS: if there is a bearish break in the support located at 4,139.67 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ESTOXX50 FULL0621 price is 4,151.00 EUR. The price registered an increase of +0.34% on the session with the lowest point at 4,145.00 EUR and the highest point at 4,158.00 EUR. The deviation from the price is +0.14% for the low point and -0.17% for the high point.4,145.00
4,158.00
4,151.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ESTOXX50 FULL0621:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of ESTOXX50 FULL0621 indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4,094.20 | 4,117.00 | 4,142.40 | 4,151.00 | 4,155.00 | 4,580.00 |
| Change (%) | -1.37% | -0.82% | -0.21% | - | +0.10% | +10.33% |
| Change | -56.80 | -34.00 | -8.60 | - | +4.00 | +429.00 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major |
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 | 4,096.33 | 4,111.67 | 4,124.33 | 4,139.67 | 4,152.33 | 4,167.67 | 4,180.33 |
| Camarilla | 4,129.30 | 4,131.87 | 4,134.43 | 4,137.00 | 4,139.57 | 4,142.13 | 4,144.70 |
| Woodie | 4,095.00 | 4,111.00 | 4,123.00 | 4,139.00 | 4,151.00 | 4,167.00 | 4,179.00 |
| Fibonacci | 4,111.67 | 4,122.36 | 4,128.97 | 4,139.67 | 4,150.36 | 4,156.97 | 4,167.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,016.00 | 4,042.00 | 4,090.00 | 4,116.00 | 4,164.00 | 4,190.00 | 4,238.00 |
| Camarilla | 4,117.65 | 4,124.43 | 4,131.22 | 4,138.00 | 4,144.78 | 4,151.57 | 4,158.35 |
| Woodie | 4,027.00 | 4,047.50 | 4,101.00 | 4,121.50 | 4,175.00 | 4,195.50 | 4,249.00 |
| Fibonacci | 4,042.00 | 4,070.27 | 4,087.73 | 4,116.00 | 4,144.27 | 4,161.73 | 4,190.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,666.67 | 3,755.33 | 3,896.67 | 3,985.33 | 4,126.67 | 4,215.33 | 4,356.67 |
| Camarilla | 3,974.75 | 3,995.83 | 4,016.92 | 4,038.00 | 4,059.08 | 4,080.17 | 4,101.25 |
| Woodie | 3,693.00 | 3,768.50 | 3,923.00 | 3,998.50 | 4,153.00 | 4,228.50 | 4,383.00 |
| Fibonacci | 3,755.33 | 3,843.19 | 3,897.47 | 3,985.33 | 4,073.19 | 4,127.47 | 4,215.33 |
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): | 45.19 | |
| MACD (12,26,9): | 1.0100 | |
| Directional Movement: | -6.09 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 4,154.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,157.64 | |
| Elder Ray (13): | -2.60 | |
| Super Trend (3,10): | 4,149.44 | |
| Zig ZAG (10): | 4,150.00 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 22.22 | |
| TEMA (21): | 4,152.69 | |
| Williams %R (14): | -77.78 | |
| Chande Momentum Oscillator (20): | -2.00 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.05 |
| MA7: | 4,118.29 | |
| MA20: | 4,068.15 | |
| MA50: | 4,001.02 | |
| MA100: | 3,837.50 | |
| MAexp7: | 4,152.69 | |
| MAexp20: | 4,152.83 | |
| MAexp50: | 4,148.81 | |
| MAexp100: | 4,142.72 | |
| Price / MA7: | +0.79% | |
| Price / MA20: | +2.04% | |
| Price / MA50: | +3.75% | |
| Price / MA100: | +8.17% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.20% |
Quotes :
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15 min delayed data
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EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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