Technical Analysis: Eurostoxx 50 index on 11/14/2024

Technical analysis of the Eurostoxx 50 index on November 14, 2024

1. Short-term trend

The Eurostoxx 50 index is currently in a short-term uptrend. The index has been trading above its 200-day moving average since October 11, 2024, and has made a series of higher highs and higher lows since then.

[Source: TradingView](https://www.tradingview.com/chart/5E5J4g2q/)

2. Intermediate-term trend

The Eurostoxx 50 index is also in an intermediate-term uptrend. The index has been trading above its 50-week moving average since March 8, 2024, and has made a series of higher highs and higher lows since then.

3. Long-term trend

The Eurostoxx 50 index is in a long-term uptrend. The index has been trading above its 200-week moving average since March 9, 2023, and has made a series of higher highs and higher lows since then.

4. Support and resistance levels

The Eurostoxx 50 index has several support and resistance levels that are worth watching. The key support level is at 3,800, which is the index's 200-day moving average. The key resistance level is at 4,200, which is the index's 50-week moving average.

5. Conclusion

The Eurostoxx 50 index is in a strong uptrend across all time frames. The index is trading above its key support and resistance levels, and there are no signs of a reversal. The trend is likely to continue in the short, intermediate, and long term.