SACYR

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SCYR
ISIN:	ES0182870214

SACYR - 1H - Technical analysis published on 12/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

17%

My opinion

Bullish above 3.087 EUR

My targets

3.139 EUR (+0.61%)

3.174 EUR (+1.73%)

My analysis

SACYR is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 3.087 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 3.139 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 3.174 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 3.234 EUR. Beware of a possible return to under the support located at 3.087 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.8

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

The SACYR rating is 3.120 EUR. On the day, this instrument gained +1.89% and was between 3.070 EUR and 3.120 EUR. This implies that the price is at +1.63% from its lowest and at 0% from its highest.

3.070

3.120

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SACYR indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.014	3.046	3.087	3.120	3.139	3.174	3.234
Change (%)	-3.40%	-2.37%	-1.06%	-	+0.61%	+1.73%	+3.65%
Change	-0.106	-0.074	-0.033	-	+0.019	+0.054	+0.114
Level	Minor	Intermediate	Intermediate	-	Minor	Major	Intermediate

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	3.021	3.037	3.049	3.065	3.077	3.093	3.105
Camarilla	3.054	3.057	3.059	3.062	3.065	3.067	3.070
Woodie	3.020	3.036	3.048	3.064	3.076	3.092	3.104
Fibonacci	3.037	3.047	3.054	3.065	3.075	3.082	3.093

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.802	2.908	2.988	3.094	3.174	3.280	3.360
Camarilla	3.017	3.034	3.051	3.068	3.085	3.102	3.119
Woodie	2.789	2.902	2.975	3.088	3.161	3.274	3.347
Fibonacci	2.908	2.979	3.023	3.094	3.165	3.209	3.280

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.755	2.833	2.963	3.041	3.171	3.249	3.379
Camarilla	3.035	3.054	3.073	3.092	3.111	3.130	3.149
Woodie	2.780	2.846	2.988	3.054	3.196	3.262	3.404
Fibonacci	2.833	2.913	2.962	3.041	3.121	3.170	3.249

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):	68.23
MACD (12,26,9):	0.0080
Directional Movement:	17.059
AROON (14):	100.000
DEMA (21):	3.088
Parabolic SAR (0,02-0,02-0,2):	3.082
Elder Ray (13):	0.032
Super Trend (3,10):	3.079
Zig ZAG (10):	3.120
VORTEX (21):	1.2590
Stochastique (14,3,5):	95.06
TEMA (21):	3.108
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.046
Repulse (5,40,3):	0.6750
ROCnROLL:	1
TRIX (15,9):	0.0010
Courbe Coppock:	2.66

MA7:	3.105
MA20:	3.117
MA50:	3.088
MA100:	3.119
MAexp7:	3.100
MAexp20:	3.082
MAexp50:	3.090
MAexp100:	3.103
Price / MA7:	+0.48%
Price / MA20:	+0.10%
Price / MA50:	+1.04%
Price / MA100:	+0.03%
Price / MAexp7:	+0.65%
Price / MAexp20:	+1.23%
Price / MAexp50:	+0.97%
Price / MAexp100:	+0.55%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on SACYR. At the time of publication of this analysis, the latest news was as follows:

Sacyr

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

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