Euronext PSI20 (PSI20.NDX)

Close: 6 170.73 (+39.88), Mar 18, 2024
Positive

Automatic technical analysis. Medium term, Mar 18, 2024

Euronext PSI20 shows strong development within a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The price has reacted back after a break of the rectangle formation without entirely reaching the objective at 6764. A decisive break up through 6222 will again give new positive signals to the index, while a break on the opposite side of the formation will be a strong negative signal. The index is approacing resistance at 6230 points, which may give a negative reaction. However, a break upwards through 6230 points will be a positive signal. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.67%0.00+0.65%
5 days0.002.26%0.00+0.20%
22 days0.005.66%0.00+0.71%
66 days0.009.35%0.00-4.00%

More analyses of Euronext PSI20

chart Euronext PSI20 (PSI20) Candlesticks 22 Days
Candlesticks
chart Euronext PSI20 (PSI20) Short term
Short term: Weak Negative
chart Euronext PSI20 (PSI20) Medium term
Medium term: Positive
chart Euronext PSI20 (PSI20) Long term
Long term: Weak Negative
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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