ACCOR

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AC
ISIN:	FR0000120404

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

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 41.24 EUR

My targets

39.98 EUR (-2.08%)

39.25 EUR (-3.87%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ACCOR as long as the price remains well below 41.24 EUR. The sellers' bearish objective is set at 39.98 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 39.25 EUR. In case of crossing, the next objective would be the support located at 38.81 EUR.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

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

The ACCOR rating is 40.83 EUR. On the day, this instrument lost -0.02% with the lowest point at 40.78 EUR and the highest point at 41.22 EUR. The deviation from the price is +0.12% for the low point and -0.95% for the high point.

40.78

41.22

40.83

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ACCOR indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.81	39.25	39.98	40.83	40.90	41.24	41.86
Change (%)	-4.95%	-3.87%	-2.08%	-	+0.17%	+1.00%	+2.52%
Change	-2.02	-1.58	-0.85	-	+0.07	+0.41	+1.03
Level	Major	Major	Intermediate	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.70	40.17	40.51	40.98	41.32	41.79	42.13
Camarilla	40.62	40.69	40.77	40.84	40.91	40.99	41.06
Woodie	39.63	40.14	40.44	40.95	41.25	41.76	42.06
Fibonacci	40.17	40.48	40.67	40.98	41.29	41.48	41.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.65	38.75	40.51	41.61	43.37	44.47	46.23
Camarilla	41.49	41.76	42.02	42.28	42.54	42.80	43.07
Woodie	37.99	38.92	40.85	41.78	43.71	44.64	46.57
Fibonacci	38.75	39.84	40.51	41.61	42.70	43.37	44.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.29	36.55	38.93	41.19	43.57	45.83	48.21
Camarilla	40.03	40.46	40.89	41.31	41.74	42.16	42.59
Woodie	34.35	36.58	38.99	41.22	43.63	45.86	48.27
Fibonacci	36.55	38.32	39.42	41.19	42.96	44.06	45.83

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):	37.99
MACD (12,26,9):	-0.2300
Directional Movement:	-15.35
AROON (14):	-35.71
DEMA (21):	40.90
Parabolic SAR (0,02-0,02-0,2):	40.74
Elder Ray (13):	-0.09
Super Trend (3,10):	41.52
Zig ZAG (10):	40.84
VORTEX (21):	0.8000
Stochastique (14,3,5):	30.59
TEMA (21):	40.72
Williams %R (14):	-81.48
Chande Momentum Oscillator (20):	-0.46
Repulse (5,40,3):	-0.9500
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	3.38

MA7:	41.56
MA20:	40.90
MA50:	41.10
MA100:	38.42
MAexp7:	40.92
MAexp20:	41.19
MAexp50:	41.34
MAexp100:	41.24
Price / MA7:	-1.76%
Price / MA20:	-0.17%
Price / MA50:	-0.66%
Price / MA100:	+6.27%
Price / MAexp7:	-0.22%
Price / MAexp20:	-0.87%
Price / MAexp50:	-1.23%
Price / MAexp100:	-0.99%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on ACCOR. 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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Londinia AI

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