AXA - 1H - Technical analysis published on 08/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 24.265 EUR
My targets
23.620 EUR (-0.65%)
23.327 EUR (-1.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AXA as long as the price remains well below 24.265 EUR. The sellers' bearish objective is set at 23.620 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 23.327 EUR. In case of crossing, the next objective would be the support located at 22.240 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXA price is 23.775 EUR. On the day, this instrument lost -0.02% and was traded between 23.340 EUR and 24.010 EUR over the period. The price is currently at +1.86% from its lowest and -0.98% from its highest.23.340
24.010
23.775
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AXA indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.240 | 23.327 | 23.620 | 23.775 | 24.265 | 24.586 | 24.880 |
| Change (%) | -6.46% | -1.88% | -0.65% | - | +2.06% | +3.41% | +4.65% |
| Change | -1.535 | -0.448 | -0.155 | - | +0.490 | +0.811 | +1.105 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.787 | 23.143 | 23.462 | 23.818 | 24.137 | 24.493 | 24.812 |
| Camarilla | 23.594 | 23.656 | 23.718 | 23.780 | 23.842 | 23.904 | 23.966 |
| Woodie | 22.768 | 23.134 | 23.443 | 23.809 | 24.118 | 24.484 | 24.793 |
| Fibonacci | 23.143 | 23.401 | 23.561 | 23.818 | 24.076 | 24.236 | 24.493 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.150 | 23.620 | 23.940 | 24.410 | 24.730 | 25.200 | 25.520 |
| Camarilla | 24.043 | 24.115 | 24.188 | 24.260 | 24.332 | 24.405 | 24.477 |
| Woodie | 23.075 | 23.583 | 23.865 | 24.373 | 24.655 | 25.163 | 25.445 |
| Fibonacci | 23.620 | 23.922 | 24.108 | 24.410 | 24.712 | 24.898 | 25.200 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.738 | 19.537 | 20.993 | 21.792 | 23.248 | 24.047 | 25.503 |
| Camarilla | 21.830 | 22.037 | 22.243 | 22.450 | 22.657 | 22.863 | 23.070 |
| Woodie | 19.068 | 19.701 | 21.323 | 21.956 | 23.578 | 24.211 | 25.833 |
| Fibonacci | 19.537 | 20.398 | 20.930 | 21.792 | 22.653 | 23.185 | 24.047 |
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): | 40.27 | |
| MACD (12,26,9): | -0.1190 | |
| Directional Movement: | -25.777 | |
| AROON (14): | -71.429 | |
| DEMA (21): | 23.769 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.380 | |
| Elder Ray (13): | -0.033 | |
| Super Trend (3,10): | 24.080 | |
| Zig ZAG (10): | 23.785 | |
| VORTEX (21): | 0.9250 | |
| Stochastique (14,3,5): | 58.49 | |
| TEMA (21): | 23.747 | |
| Williams %R (14): | -46.71 | |
| Chande Momentum Oscillator (20): | -0.005 | |
| Repulse (5,40,3): | -0.0310 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 2.31 |
| MA7: | 24.242 | |
| MA20: | 23.552 | |
| MA50: | 22.440 | |
| MA100: | 23.092 | |
| MAexp7: | 23.851 | |
| MAexp20: | 23.938 | |
| MAexp50: | 24.102 | |
| MAexp100: | 23.971 | |
| Price / MA7: | -1.93% | |
| Price / MA20: | +0.95% | |
| Price / MA50: | +5.95% | |
| Price / MA100: | +2.96% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -1.36% | |
| Price / MAexp100: | -0.82% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on AXA at the time of the analysis were as follows:
- AXA UK&I Selects Cognizant as a Technology Partner to Support part of its IT Operations
- AXA UK&I Selects Cognizant as a Technology Partner to Support part of its IT Operations
- New AXA Max Wealth Insurance Plan
- Mastercard and AXA Announce Partnership to Build a Sustainable Future through the Priceless Planet Coalition
- AXA introduces the "BeOnTrack Programme", an all-in-one solution for participants to restore and build a healthy lifestyle
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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