AMX-INDEX

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	AMX
ISIN:	NL0000249274

AMX-INDEX - 1H - Technical analysis published on 03/06/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 1,016.46 EUR

My targets

1,031.21 EUR (+0.80%)

1,036.41 EUR (+1.31%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMX-INDEX as long as the price remains well above 1,016.46 EUR. The buyers' bullish objective is set at 1,031.21 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,036.41 EUR. If there is any crossing, the next objective would be the resistance located at 1,040.87 EUR.

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

Comment on the analysis

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

AMX-INDEX rating 1,023.01 EUR. On the day, this instrument lost -0.01% and was between 1,018.92 EUR and 1,028.26 EUR. This implies that the price is at +0.40% from its lowest and at -0.51% from its highest.

1,018.92

1,028.26

1,023.01

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AMX-INDEX chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,005.58	1,010.45	1,016.46	1,023.01	1,024.38	1,031.21	1,036.41
Change (%)	-1.70%	-1.23%	-0.64%	-	+0.13%	+0.80%	+1.31%
Change	-17.43	-12.56	-6.55	-	+1.37	+8.20	+13.40
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,009.19	1,014.06	1,018.53	1,023.40	1,027.87	1,032.74	1,037.21
Camarilla	1,020.44	1,021.30	1,022.15	1,023.01	1,023.87	1,024.72	1,025.58
Woodie	1,009.00	1,013.96	1,018.34	1,023.30	1,027.68	1,032.64	1,037.02
Fibonacci	1,014.06	1,017.63	1,019.83	1,023.40	1,026.97	1,029.17	1,032.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	994.43	1,000.68	1,011.92	1,018.17	1,029.41	1,035.66	1,046.90
Camarilla	1,018.34	1,019.94	1,021.55	1,023.15	1,024.75	1,026.36	1,027.96
Woodie	996.92	1,001.93	1,014.41	1,019.42	1,031.90	1,036.91	1,049.39
Fibonacci	1,000.68	1,007.37	1,011.49	1,018.17	1,024.86	1,028.98	1,035.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	963.04	983.48	999.99	1,020.43	1,036.94	1,057.38	1,073.89
Camarilla	1,006.34	1,009.73	1,013.11	1,016.50	1,019.89	1,023.27	1,026.66
Woodie	961.08	982.50	998.03	1,019.45	1,034.98	1,056.40	1,071.93
Fibonacci	983.48	997.60	1,006.32	1,020.43	1,034.55	1,043.27	1,057.38

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.37
MACD (12,26,9):	1.4100
Directional Movement:	9.93
AROON (14):	-28.57
DEMA (21):	1,022.74
Parabolic SAR (0,02-0,02-0,2):	1,026.70
Elder Ray (13):	0.79
Super Trend (3,10):	1,015.44
Zig ZAG (10):	1,022.65
VORTEX (21):	1.2100
Stochastique (14,3,5):	38.79
TEMA (21):	1,023.42
Williams %R (14):	-60.39
Chande Momentum Oscillator (20):	1.61
Repulse (5,40,3):	0.0500
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.44

MA7:	1,016.55
MA20:	1,021.79
MA50:	1,000.98
MA100:	963.70
MAexp7:	1,022.21
MAexp20:	1,020.86
MAexp50:	1,019.29
MAexp100:	1,019.33
Price / MA7:	+0.64%
Price / MA20:	+0.12%
Price / MA50:	+2.20%
Price / MA100:	+6.15%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.21%
Price / MAexp50:	+0.36%
Price / MAexp100:	+0.36%

Quotes : - 15 min delayed data - Euronext Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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