Euro Stoxx 50 (STOXX.NDX)

Close: 4 815.15 (-33.03), Sep 5, 2024
Hold

Liquidity risk: Volatility risk:

Overall analysis

Euro Stoxx 50 is technically negative for the short term, but positive for the medium and long term.

Recommendation one to six months: Hold

Short term

Euro Stoxx 50 has broken the rising trend channel in the short term and reacted strongly down. For the time being, it is difficult to say anything about the future trend direction. The index has broken down through support at points 4840. This predicts a further decline. In case of positive reactions, there will now be resistance at points 4840. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. This weakens the index. The index is overall assessed as technically negative for the short term.

Recommendation one to six weeks: Negative

Medium term

Investors have paid higher prices over time to buy Euro Stoxx 50 and the index is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index has support at points 4400 and resistance at points 4900. The index is assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive

Long term

Euro Stoxx 50 is in a rising trend channel in the long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index has support at points 4400 and resistance at points 5100. The index is assessed as technically slightly positive for the long term.

Recommendation one to six quarters: Weak Positive



Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.64%20.34-0.68%
5 days25.382.06%22.14-3.04%
22 days-5.325.24%18.82+5.24%
66 days-24.069.56%21.91-4.37%
 


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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.

Titlex

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