ACCSYS

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AXS
ISIN:	GB00BQQFX454

ACCSYS - Daily - Technical analysis published on 08/22/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 1.040 EUR

My targets

1.194 EUR (+7.76%)

1.250 EUR (+12.82%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.040 EUR remains possible. It is advisable to trade ACCSYS with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.040 EUR. The next bullish objective for buyers is set at 1.194 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.250 EUR. If there is any crossing, the next objective would be the resistance located at 1.700 EUR. PS: if there is a bearish break in the support located at 1.040 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

1.8

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.

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Additional analysis

Quotes

ACCSYS rating 1.108 EUR. The price has increased by +4.92% since the last closing and was traded between 1.060 EUR and 1.108 EUR over the period. The price is currently at +4.53% from its lowest and 0% from its highest.

1.060

1.108

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ACCSYS:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ACCSYS indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.880	0.935	1.040	1.108	1.194	1.250	1.700
Change (%)	-20.58%	-15.61%	-6.14%	-	+7.76%	+12.82%	+53.43%
Change	-0.228	-0.173	-0.068	-	+0.086	+0.142	+0.592
Level	Minor	Minor	Major	-	Major	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.955	0.997	1.027	1.069	1.099	1.141	1.171
Camarilla	1.036	1.043	1.049	1.056	1.063	1.069	1.076
Woodie	0.948	0.994	1.020	1.066	1.092	1.138	1.164
Fibonacci	0.997	1.025	1.042	1.069	1.097	1.114	1.141

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.803	0.911	0.991	1.099	1.179	1.287	1.367
Camarilla	1.018	1.036	1.053	1.070	1.087	1.105	1.122
Woodie	0.788	0.904	0.976	1.092	1.164	1.280	1.352
Fibonacci	0.911	0.983	1.028	1.099	1.171	1.216	1.287

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.702	0.813	1.027	1.138	1.352	1.463	1.677
Camarilla	1.153	1.182	1.212	1.242	1.272	1.302	1.331
Woodie	0.755	0.839	1.080	1.164	1.405	1.489	1.730
Fibonacci	0.813	0.937	1.014	1.138	1.262	1.339	1.463

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):	45.61
MACD (12,26,9):	0.0140
Directional Movement:	-20.679
AROON (14):	-85.714
DEMA (21):	1.181
Parabolic SAR (0,02-0,02-0,2):	1.212
Elder Ray (13):	-0.067
Super Trend (3,10):	1.205
Zig ZAG (10):	1.108
VORTEX (21):	0.9750
Stochastique (14,3,5):	25.97
TEMA (21):	1.144
Williams %R (14):	-59.63
Chande Momentum Oscillator (20):	-0.086
Repulse (5,40,3):	0.2870
ROCnROLL:	-1
TRIX (15,9):	0.5440
Courbe Coppock:	11.86

MA7:	1.148
MA20:	1.191
MA50:	1.061
MA100:	0.924
MAexp7:	1.132
MAexp20:	1.148
MAexp50:	1.074
MAexp100:	0.987
Price / MA7:	-3.48%
Price / MA20:	-6.97%
Price / MA50:	+4.43%
Price / MA100:	+19.91%
Price / MAexp7:	-2.12%
Price / MAexp20:	-3.48%
Price / MAexp50:	+3.17%
Price / MAexp100:	+12.26%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on ACCSYS at the time of the generation of this analysis was as follows:

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

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