Londinia Opportunities Analyses - 12/02/2021 (GMT) ACCIONA ENERGIA - 1H

ACCIONA ENERGIA
- EUR (-)
- 15 min delayed data - Spain Stocks
Type: Stocks
Ticker: ANE
ISIN: ES0105563003

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 30.18 EUR
My targets
29.64 EUR (-1.13%)
28.79 EUR (-3.97%)
My analysis
The bearish trend is currently very strong for ACCIONA ENERGIA. As long as the price remains below the resistance at 30.18 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 29.64 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 28.79 EUR as an objective. Crossing it would then enable sellers to target 26.80 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

ACCIONA ENERGIA rating 29.98 EUR. The price is lower by -2.63% since the last closing and was traded between 29.81 EUR and 30.72 EUR over the period. The price is currently at +0.57% from its lowest and -2.41% from its highest.

29.81
30.72
29.98

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 ACCIONA ENERGIA:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of ACCIONA ENERGIA indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 26.80 28.79 29.64 29.98 30.18 30.51 31.01
Change (%) -10.61% -3.97% -1.13% - +0.67% +1.77% +3.44%
Change -3.18 -1.19 -0.34 - +0.20 +0.53 +1.03
Level Intermediate Intermediate Major - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.7430.0030.3930.6531.0431.3031.69
Camarilla30.6130.6730.7330.7930.8530.9130.97
Woodie29.8230.0330.4730.6831.1231.3331.77
Fibonacci30.0030.2530.4030.6530.9031.0531.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.9729.0129.7030.7431.4332.4733.16
Camarilla29.9130.0730.2330.3930.5530.7130.87
Woodie27.8028.9229.5330.6531.2632.3832.99
Fibonacci29.0129.6730.0830.7431.4031.8132.47


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.6126.6528.5630.6032.5134.5536.46
Camarilla29.3829.7530.1130.4730.8331.1931.56
Woodie24.5526.6228.5030.5732.4534.5236.40
Fibonacci26.6528.1629.0930.6032.1133.0434.55

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): 40.09
MACD (12,26,9): -0.1300
Directional Movement: -2.42
AROON (14): -57.14
DEMA (21): 30.17
Parabolic SAR (0,02-0,02-0,2): 30.89
Elder Ray (13): -0.30
Super Trend (3,10): 30.97
Zig ZAG (10): 29.98
VORTEX (21): 0.9000
Stochastique (14,3,5): 10.75
TEMA (21): 30.12
Williams %R (14): -84.40
Chande Momentum Oscillator (20): -0.39
Repulse (5,40,3): -0.9000
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 1.54
MA7: 30.73
MA20: 30.76
MA50: 29.82
MA100: 29.91
MAexp7: 30.11
MAexp20: 30.32
MAexp50: 30.51
MAexp100: 30.65
Price / MA7: -2.44%
Price / MA20: -2.54%
Price / MA50: +0.54%
Price / MA100: +0.23%
Price / MAexp7: -0.43%
Price / MAexp20: -1.12%
Price / MAexp50: -1.74%
Price / MAexp100: -2.19%

Quotes : - 15 min delayed data - Actions Espagne