ACS CONST.
ACS CONST.
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ACS
ISIN: ES0167050915

ACS CONST. - 1H - Technical analysis published on 04/18/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 38.36 EUR
My targets
39.45 EUR (+2.15%)
39.88 EUR (+3.26%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ACS CONST. as long as the price remains well above 38.36 EUR. The buyers' bullish objective is set at 39.45 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 39.88 EUR. If there is any crossing, the next objective would be the resistance located at 40.74 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 not called into question, despite technical indicators being indecisive.
Force
0
10
5.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The ACS CONST. price is 38.62 EUR. On the day, this instrument lost -0.10% and was between 38.50 EUR and 39.06 EUR. This implies that the price is at +0.31% from its lowest and at -1.13% from its highest.

38.50
39.06
38.62

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ACS CONST.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 ACS CONST. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
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 : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.54 38.04 38.36 38.62 38.74 39.45 39.88
Change (%) -2.80% -1.50% -0.67% - +0.31% +2.15% +3.26%
Change -1.08 -0.58 -0.26 - +0.12 +0.83 +1.26
Level Intermediate Intermediate Minor - 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
Standard36.9237.4238.0438.5439.1639.6640.28
Camarilla38.3538.4638.5638.6638.7638.8738.97
Woodie36.9837.4538.1038.5739.2239.6940.34
Fibonacci37.4237.8538.1138.5438.9739.2339.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.3036.8037.3637.8638.4238.9239.48
Camarilla37.6337.7337.8237.9238.0238.1138.21
Woodie36.3336.8237.3937.8838.4538.9439.51
Fibonacci36.8037.2137.4637.8638.2738.5238.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.3732.8335.8138.2741.2543.7146.69
Camarilla37.2837.7838.2838.7839.2839.7840.28
Woodie30.6232.9636.0638.4041.5043.8446.94
Fibonacci32.8334.9136.2038.2740.3541.6443.71

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): 54.99
MACD (12,26,9): 0.2200
Directional Movement: 11.17
AROON (14): 64.29
DEMA (21): 38.85
Parabolic SAR (0,02-0,02-0,2): 39.06
Elder Ray (13): -0.02
Super Trend (3,10): 38.14
Zig ZAG (10): 38.66
VORTEX (21): 1.1400
Stochastique (14,3,5): 67.21
TEMA (21): 38.94
Williams %R (14): -47.50
Chande Momentum Oscillator (20): -0.30
Repulse (5,40,3): 0.0000
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 2.79
MA7: 38.03
MA20: 38.77
MA50: 38.14
MA100: 38.17
MAexp7: 38.75
MAexp20: 38.56
MAexp50: 38.27
MAexp100: 38.28
Price / MA7: +1.55%
Price / MA20: -0.39%
Price / MA50: +1.26%
Price / MA100: +1.18%
Price / MAexp7: -0.34%
Price / MAexp20: +0.16%
Price / MAexp50: +0.91%
Price / MAexp100: +0.89%

Quotes : - 15 min delayed data - Spain Stocks

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

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