ACERINOX

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ACX
ISIN:	ES0132105018

ACERINOX - Daily - Technical analysis published on 01/24/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

44%

28%

My opinion

Bullish above 9.722 EUR

My targets

10.453 EUR (+5.84%)

11.052 EUR (+11.91%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ACERINOX. As long as you are above the support located at 9.722 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 10.453 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 11.052 EUR as an objective. If the support 9.722 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

3.8

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 ACERINOX rating is 9.876 EUR. The price registered an increase of +1.40% on the session and was traded between 9.846 EUR and 9.904 EUR over the period. The price is currently at +0.30% from its lowest and -0.28% from its highest.

9.846

9.904

9.876

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ACERINOX chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.312	9.513	9.722	9.876	9.892	10.453	11.052
Change (%)	-5.71%	-3.68%	-1.56%	-	+0.16%	+5.84%	+11.91%
Change	-0.564	-0.363	-0.154	-	+0.016	+0.577	+1.176
Level	Minor	Intermediate	Major	-	Major	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.511	9.586	9.663	9.738	9.815	9.890	9.967
Camarilla	9.698	9.712	9.726	9.740	9.754	9.768	9.782
Woodie	9.512	9.587	9.664	9.739	9.816	9.891	9.968
Fibonacci	9.586	9.644	9.680	9.738	9.796	9.832	9.890

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.681	9.081	9.312	9.712	9.943	10.343	10.574
Camarilla	9.369	9.426	9.484	9.542	9.600	9.658	9.716
Woodie	8.596	9.039	9.227	9.670	9.858	10.301	10.489
Fibonacci	9.081	9.322	9.471	9.712	9.953	10.102	10.343

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.986	9.315	9.820	10.149	10.654	10.983	11.488
Camarilla	10.097	10.173	10.250	10.326	10.403	10.479	10.555
Woodie	9.075	9.359	9.909	10.193	10.743	11.027	11.577
Fibonacci	9.315	9.633	9.830	10.149	10.467	10.664	10.983

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):	49.66
MACD (12,26,9):	-0.0660
Directional Movement:	-5.309
AROON (14):	-78.571
DEMA (21):	9.806
Parabolic SAR (0,02-0,02-0,2):	9.482
Elder Ray (13):	0.057
Super Trend (3,10):	10.111
Zig ZAG (10):	9.866
VORTEX (21):	0.8550
Stochastique (14,3,5):	41.40
TEMA (21):	9.663
Williams %R (14):	-39.17
Chande Momentum Oscillator (20):	-0.184
Repulse (5,40,3):	-0.9130
ROCnROLL:	1
TRIX (15,9):	-0.0480
Courbe Coppock:	8.74

MA7:	9.692
MA20:	9.955
MA50:	9.913
MA100:	9.391
MAexp7:	9.763
MAexp20:	9.864
MAexp50:	9.791
MAexp100:	9.580
Price / MA7:	+1.90%
Price / MA20:	-0.79%
Price / MA50:	-0.37%
Price / MA100:	+5.16%
Price / MAexp7:	+1.16%
Price / MAexp20:	+0.12%
Price / MAexp50:	+0.87%
Price / MAexp100:	+3.09%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on ACERINOX at the time of the analysis were as follows:

Acerinox

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

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