AXA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CS
ISIN:	FR0000120628

AXA - 1H - Technical analysis published on 05/29/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 33.47 EUR

My targets

32.88 EUR (-1.20%)

32.34 EUR (-2.82%)

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 33.47 EUR. The sellers' bearish objective is set at 32.88 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 32.34 EUR. In case of crossing, the next objective would be the support located at 31.43 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

6.6

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 AXA price is 33.28 EUR. The price registered a decrease of -0.27% on the session and was between 33.16 EUR and 33.34 EUR. This implies that the price is at +0.36% from its lowest and at -0.18% from its highest.

33.16

33.34

33.28

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

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 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AXA in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	31.43	32.34	32.88	33.28	33.47	33.91
Change (%)	-5.56%	-2.82%	-1.20%	-	+0.57%	+1.89%
Change	-1.85	-0.94	-0.40	-	+0.19	+0.63
Level	Intermediate	Minor	Major	-	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.34	32.81	33.09	33.56	33.84	34.31	34.59
Camarilla	33.16	33.23	33.30	33.37	33.44	33.51	33.58
Woodie	32.25	32.76	33.00	33.51	33.75	34.26	34.50
Fibonacci	32.81	33.10	33.27	33.56	33.85	34.02	34.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.85	32.41	33.00	33.56	34.15	34.71	35.30
Camarilla	33.28	33.39	33.50	33.60	33.71	33.81	33.92
Woodie	31.88	32.42	33.03	33.57	34.18	34.72	35.33
Fibonacci	32.41	32.85	33.12	33.56	34.00	34.27	34.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.41	30.30	31.37	32.26	33.33	34.22	35.29
Camarilla	31.90	32.08	32.26	32.44	32.62	32.80	32.98
Woodie	29.50	30.35	31.46	32.31	33.42	34.27	35.38
Fibonacci	30.30	31.05	31.51	32.26	33.01	33.47	34.22

Numerical data

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

Technical indicators

Moving averages

RSI (14):	39.55
MACD (12,26,9):	-0.0700
Directional Movement:	-13.51
AROON (14):	-64.28
DEMA (21):	33.39
Parabolic SAR (0,02-0,02-0,2):	33.65
Elder Ray (13):	-0.13
Super Trend (3,10):	33.65
Zig ZAG (10):	33.29
VORTEX (21):	0.8100
Stochastique (14,3,5):	12.64
TEMA (21):	33.34
Williams %R (14):	-85.06
Chande Momentum Oscillator (20):	-0.42
Repulse (5,40,3):	-0.1300
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	1.58

MA7:	33.54
MA20:	33.24
MA50:	32.65
MA100:	31.07
MAexp7:	33.35
MAexp20:	33.46
MAexp50:	33.52
MAexp100:	33.46
Price / MA7:	-0.78%
Price / MA20:	+0.12%
Price / MA50:	+1.93%
Price / MA100:	+7.11%
Price / MAexp7:	-0.21%
Price / MAexp20:	-0.54%
Price / MAexp50:	-0.72%
Price / MAexp100:	-0.54%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on AXA at the time of the generation of this analysis was as follows:

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

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