Euronext PSI20 (PSI20.NDX)
Close: 6 950.65 (+85.03), Apr 1, 2025
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Liquidity risk: | Volatility risk: |
Short term
Investors have paid higher prices over time to buy Euronext PSI20 and the index is in a rising trend channel in the short term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is approacing resistance at 7000 points, which may give a negative reaction. However, a break upwards through 7000 points will be a positive signal. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically slightly positive for the short term. Recommendation one to six weeks:
Medium term
Euronext PSI20 shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index has given a positive signal from the rectangle formation by a break up through the resistance at 6674. Further rise to 7160 or more is signaled. The index is between support at points 6900 and resistance at points 6970. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically positive for the medium long term. Recommendation one to six months:
Long term
Euronext PSI20 is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. It also gave positive signal from the rectangle formation at the break up through the resistance at 6674. Further rise to 7142 or more is signaled. The index is testing resistance at points 7000. This could give a negative reaction, but an upward breakthrough of points 7000 means a positive signal. The index is overall assessed as technically positive for the long term. Recommendation one to six quarters:
Period |
Vol.bal. |
Volatility |
Liquidity |
+/- % |
1 day | - | 0.65% | 0.00 | +1.24% |
5 days | 0.00 | 2.06% | 0.00 | +1.73% |
22 days | 0.00 | 5.12% | 0.00 | +2.21% |
66 days | 0.00 | 9.35% | 0.00 | +9.06% |
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