ACCIONA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ANA
ISIN:	ES0125220311

ACCIONA - 1H - Technical analysis published on 03/05/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 109.34 EUR

My targets

112.69 EUR (+1.11%)

116.80 EUR (+4.80%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ACCIONA as long as the price remains well above 109.34 EUR. The buyers' bullish objective is set at 112.69 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 116.80 EUR. If there is any crossing, the next objective would be the resistance located at 120.70 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.7

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

ACCIONA rating 111.45 EUR. On the day, this instrument gained +1.18% and was between 109.80 EUR and 111.60 EUR. This implies that the price is at +1.50% from its lowest and at -0.13% from its highest.

109.80

111.60

111.45

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of ACCIONA in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	103.40	106.40	109.34	111.45	112.69	116.80	120.70
Change (%)	-7.22%	-4.53%	-1.89%	-	+1.11%	+4.80%	+8.30%
Change	-8.05	-5.05	-2.11	-	+1.24	+5.35	+9.25
Level	Minor	Minor	Major	-	Major	Minor	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	105.15	106.35	108.25	109.45	111.35	112.55	114.45
Camarilla	109.30	109.58	109.87	110.15	110.43	110.72	111.00
Woodie	105.50	106.53	108.60	109.63	111.70	112.73	114.80
Fibonacci	106.35	107.53	108.27	109.45	110.63	111.37	112.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.53	95.70	101.22	105.39	110.91	115.08	120.60
Camarilla	104.09	104.97	105.86	106.75	107.64	108.53	109.42
Woodie	92.22	96.04	101.91	105.73	111.60	115.42	121.29
Fibonacci	95.70	99.40	101.69	105.39	109.09	111.38	115.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	74.47	87.16	95.31	108.00	116.15	128.84	136.99
Camarilla	97.72	99.63	101.54	103.45	105.36	107.27	109.18
Woodie	72.19	86.03	93.03	106.87	113.87	127.71	134.71
Fibonacci	87.16	95.12	100.04	108.00	115.96	120.88	128.84

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):	69.32
MACD (12,26,9):	1.6900
Directional Movement:	20.95
AROON (14):	92.86
DEMA (21):	111.39
Parabolic SAR (0,02-0,02-0,2):	110.44
Elder Ray (13):	1.43
Super Trend (3,10):	108.13
Zig ZAG (10):	111.45
VORTEX (21):	1.2000
Stochastique (14,3,5):	96.29
TEMA (21):	112.01
Williams %R (14):	-2.47
Chande Momentum Oscillator (20):	2.60
Repulse (5,40,3):	0.6200
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	5.75

MA7:	105.42
MA20:	108.15
MA50:	117.50
MA100:	121.87
MAexp7:	110.81
MAexp20:	109.17
MAexp50:	107.03
MAexp100:	107.05
Price / MA7:	+5.72%
Price / MA20:	+3.05%
Price / MA50:	-5.15%
Price / MA100:	-8.55%
Price / MAexp7:	+0.58%
Price / MAexp20:	+2.09%
Price / MAexp50:	+4.13%
Price / MAexp100:	+4.11%

Quotes : - 15 min delayed data - Spain Stocks

News

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

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

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