Londinia Opportunities Analyses - 06/18/2021 (GMT) NORDEX SE O.N. - 1H

- EUR (-)

- 15 min delayed data - Germany Stocks

Type:	Stocks
Ticker:	NDX1
ISIN:	DE000A0D6554

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 18.07 EUR

My targets

18.65 EUR (+2.25%)

19.00 EUR (+4.17%)

My analysis

NORDEX SE O.N. 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 18.07 EUR. The next resistance located at 18.65 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 19.00 EUR. After this resistance, buyers could then target 19.47 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

NORDEX SE O.N. rating 18.24 EUR. The price registered an increase of +1.11% on the session and was between 18.00 EUR and 18.40 EUR. This implies that the price is at +1.33% from its lowest and at -0.87% from its highest.

18.00

18.40

18.24

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

Technical

A technical analysis in 1H of this NORDEX SE O.N. 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 scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

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	16.90	17.53	18.07	18.24	18.65	19.00	19.47
Change (%)	-7.35%	-3.89%	-0.93%	-	+2.25%	+4.17%	+6.74%
Change	-1.34	-0.71	-0.17	-	+0.41	+0.76	+1.23
Level	Intermediate	Intermediate	Minor	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.75	17.14	17.59	17.98	18.43	18.82	19.27
Camarilla	17.81	17.89	17.96	18.04	18.12	18.19	18.27
Woodie	16.78	17.16	17.62	18.00	18.46	18.84	19.30
Fibonacci	17.14	17.46	17.66	17.98	18.30	18.50	18.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.80	15.69	16.30	17.19	17.80	18.69	19.30
Camarilla	16.49	16.63	16.76	16.90	17.04	17.18	17.31
Woodie	14.65	15.62	16.15	17.12	17.65	18.62	19.15
Fibonacci	15.69	16.27	16.62	17.19	17.77	18.12	18.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.56	13.33	16.16	19.93	22.76	26.53	29.36
Camarilla	17.18	17.78	18.39	18.99	19.60	20.20	20.81
Woodie	9.09	13.10	15.69	19.70	22.29	26.30	28.89
Fibonacci	13.33	15.85	17.41	19.93	22.45	24.01	26.53

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):	56.38
MACD (12,26,9):	0.0600
Directional Movement:	10.18
AROON (14):	-21.42
DEMA (21):	18.16
Parabolic SAR (0,02-0,02-0,2):	18.49
Elder Ray (13):	0.11
Super Trend (3,10):	17.74
Zig ZAG (10):	18.35
VORTEX (21):	1.0300
Stochastique (14,3,5):	56.64
TEMA (21):	18.09
Williams %R (14):	-29.20
Chande Momentum Oscillator (20):	-0.30
Repulse (5,40,3):	1.7700
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.60

MA7:	17.78
MA20:	18.22
MA50:	20.74
MA100:	22.25
MAexp7:	18.07
MAexp20:	18.05
MAexp50:	17.91
MAexp100:	17.94
Price / MA7:	+2.59%
Price / MA20:	+0.11%
Price / MA50:	-12.05%
Price / MA100:	-18.02%
Price / MAexp7:	+0.94%
Price / MAexp20:	+1.05%
Price / MAexp50:	+1.84%
Price / MAexp100:	+1.67%

Quotes : - 15 min delayed data - Actions Allemagne

News

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