Londinia Opportunities Analyses - 04/29/2024 (GMT) DAXSEC. ALL TELECOMM.TR - 1H

- EUR (-)

- 15 min delayed data - Germany Indices

Type:	Indices
Ticker:	4N86
ISIN:	DE000A0SM7Y4

Londinia

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

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 399.28 EUR

My targets

406.59 EUR (+0.95%)

413.24 EUR (+2.60%)

My analysis

DAXSEC. ALL TELECOMM.TR 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 399.28 EUR. The next resistance located at 406.59 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 413.24 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, 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

8.4

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Additional analysis

Quotes

DAXSEC. ALL TELECOMM.TR rating 402.75 EUR. The price is lower by -0.04% since the last closing and was between 401.84 EUR and 403.21 EUR. This implies that the price is at +0.23% from its lowest and at -0.11% from its highest.

401.84

403.21

402.75

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DAXSEC. ALL TELECOMM.TR chart shows a strongly bullish trend. 92.86% 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 does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	396.97	399.28	402.38	402.75	413.24
Change (%)	-1.44%	-0.86%	-0.09%	-	+2.60%
Change	-5.78	-3.47	-0.37	-	+10.49
Level	Minor	Major	Major	-	Intermediate

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	396.02	397.53	400.22	401.73	404.42	405.93	408.62
Camarilla	401.75	402.13	402.52	402.90	403.29	403.67	404.06
Woodie	396.60	397.83	400.80	402.03	405.00	406.23	409.20
Fibonacci	397.53	399.14	400.13	401.73	403.34	404.33	405.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	386.25	389.95	396.42	400.12	406.59	410.29	416.76
Camarilla	400.10	401.04	401.97	402.90	403.83	404.77	405.70
Woodie	387.65	390.64	397.82	400.81	407.99	410.98	418.16
Fibonacci	389.95	393.83	396.23	400.12	404.00	406.40	410.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	367.60	374.77	387.36	394.53	407.12	414.29	426.88
Camarilla	394.51	396.32	398.13	399.94	401.75	403.56	405.37
Woodie	370.30	376.13	390.06	395.89	409.82	415.65	429.58
Fibonacci	374.77	382.32	386.99	394.53	402.08	406.75	414.29

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):	62.34
MACD (12,26,9):	0.8900
Directional Movement:	13.17
AROON (14):	64.29
DEMA (21):	402.47
Parabolic SAR (0,02-0,02-0,2):	398.71
Elder Ray (13):	0.84
Super Trend (3,10):	398.72
Zig ZAG (10):	402.58
VORTEX (21):	0.9800
Stochastique (14,3,5):	84.64
TEMA (21):	402.19
Williams %R (14):	-17.67
Chande Momentum Oscillator (20):	2.79
Repulse (5,40,3):	0.0100
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	1.37

MA7:	399.53
MA20:	394.76
MA50:	392.85
MA100:	395.64
MAexp7:	402.21
MAexp20:	401.31
MAexp50:	399.18
MAexp100:	396.72
Price / MA7:	+0.81%
Price / MA20:	+2.02%
Price / MA50:	+2.52%
Price / MA100:	+1.80%
Price / MAexp7:	+0.13%
Price / MAexp20:	+0.36%
Price / MAexp50:	+0.89%
Price / MAexp100:	+1.52%

Quotes : - 15 min delayed data - Indices Allemagne