EURO STOXX 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022

28 thg 11, 2022

EURO STOXX 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022

We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week.
According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1st percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly candle to be :
In case of bullish - 2.2%
In case of bearish - 2.3%

With the current IV calculation, we have currently 19.2% that the close of the weekly candle is going to finish either above
or below the next channel:
TOP: 4077
BOT: 3825

At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week:
25% chance that we are going to touch the previous low of the weekly candle of 3980
75% chance that we are going to touch the previous high of the weekly candle of 3900

Lastly from a technical analysis point of view, currently 78% of the moving averages rating, are insinuating we are in a BULLISH trend.