AMX-INDEX - 1H - Technical analysis published on 08/26/2022 (GMT)
- 203
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 945.51 EUR
My targets
960.34 EUR (+0.45%)
965.11 EUR (+0.95%)
My analysis
The strong short-term increase for AMX-INDEX reinforces the current slightly bullish trend. As long as the price remains above 945.51 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 960.34 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 965.11 EUR as an objective. Crossing it would then enable buyers to target 971.13 EUR. A return to 945.51 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMX-INDEX price is 956.01 EUR. The price registered a decrease of -0.01% on the session with the lowest point at 954.75 EUR and the highest point at 959.82 EUR. The deviation from the price is +0.13% for the low point and -0.40% for the high point.954.75
959.82
956.01
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AMX-INDEX indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 940.80 | 945.51 | 955.49 | 956.01 | 960.34 | 965.11 | 971.13 |
| Change (%) | -1.59% | -1.10% | -0.05% | - | +0.45% | +0.95% | +1.58% |
| Change | -15.21 | -10.50 | -0.52 | - | +4.33 | +9.10 | +15.12 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 942.67 | 947.05 | 951.58 | 955.96 | 960.49 | 964.87 | 969.40 |
| Camarilla | 953.66 | 954.48 | 955.29 | 956.11 | 956.93 | 957.74 | 958.56 |
| Woodie | 942.75 | 947.09 | 951.66 | 956.00 | 960.57 | 964.91 | 969.48 |
| Fibonacci | 947.05 | 950.45 | 952.56 | 955.96 | 959.36 | 961.47 | 964.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 912.71 | 932.83 | 942.89 | 963.01 | 973.07 | 993.19 | 1,003.25 |
| Camarilla | 944.65 | 947.42 | 950.18 | 952.95 | 955.72 | 958.48 | 961.25 |
| Woodie | 907.68 | 930.32 | 937.86 | 960.50 | 968.04 | 990.68 | 998.22 |
| Fibonacci | 932.83 | 944.36 | 951.48 | 963.01 | 974.54 | 981.66 | 993.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 812.26 | 842.58 | 900.00 | 930.32 | 987.74 | 1,018.06 | 1,075.48 |
| Camarilla | 933.30 | 941.34 | 949.39 | 957.43 | 965.47 | 973.52 | 981.56 |
| Woodie | 825.82 | 849.36 | 913.56 | 937.10 | 1,001.30 | 1,024.84 | 1,089.04 |
| Fibonacci | 842.58 | 876.09 | 896.80 | 930.32 | 963.83 | 984.54 | 1,018.06 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.02 | |
| MACD (12,26,9): | 3.1200 | |
| Directional Movement: | 12.22 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 955.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 959.82 | |
| Elder Ray (13): | 1.96 | |
| Super Trend (3,10): | 947.11 | |
| Zig ZAG (10): | 955.56 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 78.96 | |
| TEMA (21): | 959.84 | |
| Williams %R (14): | -27.95 | |
| Chande Momentum Oscillator (20): | 8.56 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.64 |
| MA7: | 951.07 | |
| MA20: | 960.77 | |
| MA50: | 931.75 | |
| MA100: | 974.03 | |
| MAexp7: | 955.95 | |
| MAexp20: | 952.09 | |
| MAexp50: | 952.04 | |
| MAexp100: | 955.09 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | -0.50% | |
| Price / MA50: | +2.60% | |
| Price / MA100: | -1.85% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +0.42% | |
| Price / MAexp100: | +0.10% |
Quotes :
-
15 min delayed data
-
Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AMX-INDEX - 1H