AKKA TECHNOLOGIES
AKKA TECHNOLOGIES
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High / Low range: -
Type: Stocks
Ticker: AKA
ISIN: FR0004180537

AKKA TECHNOLOGIES - Daily - Technical analysis published on 10/03/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 61.2 EUR
My targets
56.7 EUR (-5.66%)
51.4 EUR (-14.48%)
My analysis
The basic trend is currently slightly bearish on AKKA TECHNOLOGIES and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 61.2 EUR, sales could be favoured. The first bearish objective would be located at 56.7 EUR. Sellers would then use the next support located at 51.4 EUR as an objective. Crossing it would then enable sellers to target 46.5 EUR. A return to above the resistance at 61.2 EUR could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
3.8

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 Vincent Launay.

Additional analysis

Quotes

The AKKA TECHNOLOGIES rating is 60.1 EUR. The price has increased by +0.50% since the last closing and was traded between 59.8 EUR and 60.2 EUR over the period. The price is currently at +0.50% from its lowest and -0.17% from its highest.

59.8
60.2
60.1

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

Technical


Technical analysis of this Daily chart of AKKA TECHNOLOGIES indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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

Central Patterns

Horizontal support is broken

Type : Bearish

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 46.5 51.4 56.7 60.1 61.2 65.9 69.2
Change (%) -22.63% -14.48% -5.66% - +1.83% +9.65% +15.14%
Change -13.6 -8.7 -3.4 - +1.1 +5.8 +9.1
Level Minor Major Major - Minor Intermediate Major



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
Standard56.057.958.860.761.663.564.4
Camarilla59.059.359.559.860.160.360.6
Woodie55.657.758.460.561.263.364.0
Fibonacci57.958.959.660.761.762.463.5


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.661.662.663.664.665.666.6
Camarilla63.163.263.463.663.864.064.2
Woodie60.661.662.663.664.665.666.6
Fibonacci61.662.462.863.664.464.865.6


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.050.056.660.667.271.277.8
Camarilla60.361.362.263.264.265.166.1
Woodie47.350.757.961.368.571.979.1
Fibonacci50.054.156.660.664.767.271.2

Numerical data


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

Technical indicators
Moving averages

RSI (14): 42.60
MACD (12,26,9): 0.3000
Directional Movement: -9.0
AROON (14): -28.6
DEMA (21): 62.3
Parabolic SAR (0,02-0,02-0,2): 64.5
Elder Ray (13): -2.0
Super Trend (3,10): 59.0
Zig ZAG (10): 60.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 26.20
TEMA (21): 62.6
Williams %R (14): -89.80
Chande Momentum Oscillator (20): -3.6
Repulse (5,40,3): -3.6000
ROCnROLL: 2
TRIX (15,9): 0.2000
Courbe Coppock: 5.90
MA7: 62.4
MA20: 62.0
MA50: 61.0
MA100: 61.8
MAexp7: 61.8
MAexp20: 61.8
MAexp50: 61.7
MAexp100: 61.3
Price / MA7: -3.69%
Price / MA20: -3.06%
Price / MA50: -1.48%
Price / MA100: -2.75%
Price / MAexp7: -2.75%
Price / MAexp20: -2.75%
Price / MAexp50: -2.59%
Price / MAexp100: -1.96%

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

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