AXA
AXA
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CS
ISIN: FR0000120628

AXA - Daily - Technical analysis published on 10/21/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 23.796 EUR
My targets
25.000 EUR (+3.73%)
26.245 EUR (+8.90%)
My analysis
The bullish trend is currently very strong on AXA. As long as the price remains above the support at 23.796 EUR, you could try to benefit from the boom. The first bullish objective is located at 25.000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 26.245 EUR as an objective. Crossing it would then enable buyers to target 27.440 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AXA rating is 24.100 EUR. On the day, this instrument gained +0.71% and was between 23.885 EUR and 24.150 EUR. This implies that the price is at +0.90% from its lowest and at -0.21% from its highest.

23.885
24.150
24.100

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AXA:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this AXA chart shows a strongly bullish trend. 89.29% 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.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 21.800 22.840 23.796 24.100 25.000 26.245 27.440
Change (%) -9.54% -5.23% -1.26% - +3.73% +8.90% +13.86%
Change -2.300 -1.260 -0.304 - +0.900 +2.145 +3.340
Level Intermediate Intermediate Major - Minor Minor Major



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
Standard23.40523.55023.74023.88524.07524.22024.410
Camarilla23.83823.86923.89923.93023.96123.99124.022
Woodie23.42823.56123.76323.89624.09824.23124.433
Fibonacci23.55023.67823.75723.88524.01324.09224.220


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.51722.86323.39723.74324.27724.62325.157
Camarilla23.68823.76923.84923.93024.01124.09124.172
Woodie22.61022.91023.49023.79024.37024.67025.250
Fibonacci22.86323.20023.40723.74324.08024.28724.623


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.99219.88321.65722.54824.32225.21326.987
Camarilla22.69722.94123.18623.43023.67423.91924.163
Woodie19.43320.10422.09822.76924.76325.43427.428
Fibonacci19.88320.90121.53022.54823.56624.19525.213

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): 68.10
MACD (12,26,9): 0.4060
Directional Movement: 22.438
AROON (14): 85.714
DEMA (21): 23.737
Parabolic SAR (0,02-0,02-0,2): 22.599
Elder Ray (13): 0.557
Super Trend (3,10): 22.737
Zig ZAG (10): 24.110
VORTEX (21): 1.0830
Stochastique (14,3,5): 91.87
TEMA (21): 23.953
Williams %R (14): -2.32
Chande Momentum Oscillator (20): 1.645
Repulse (5,40,3): 2.7300
ROCnROLL: 1
TRIX (15,9): 0.2050
Courbe Coppock: 6.47
MA7: 23.810
MA20: 23.166
MA50: 22.332
MA100: 22.675
MAexp7: 23.733
MAexp20: 23.240
MAexp50: 22.785
MAexp100: 22.502
Price / MA7: +1.22%
Price / MA20: +4.03%
Price / MA50: +7.92%
Price / MA100: +6.28%
Price / MAexp7: +1.55%
Price / MAexp20: +3.70%
Price / MAexp50: +5.77%
Price / MAexp100: +7.10%

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

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