ACCIONA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ANA
ISIN:	ES0125220311

ACCIONA - 1H - Technical analysis published on 04/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 109.77 EUR

My targets

105.40 EUR (-1.95%)

100.30 EUR (-6.70%)

My analysis

ACCIONA is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 109.77 EUR. The next support located at 105.40 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 100.30 EUR. Below this support, sellers could then target 91.61 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.3

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 ACCIONA rating is 107.50 EUR. The price registered a decrease of -0.09% on the session with the lowest point at 105.20 EUR and the highest point at 107.90 EUR. The deviation from the price is +2.19% for the low point and -0.37% for the high point.

105.20

107.90

107.50

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

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 an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ACCIONA chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	100.30	105.40	107.11	107.50	109.77	111.27	112.69
Change (%)	-6.70%	-1.95%	-0.36%	-	+2.11%	+3.51%	+4.83%
Change	-7.20	-2.10	-0.39	-	+2.27	+3.77	+5.19
Level	Intermediate	Minor	Intermediate	-	Minor	Intermediate	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
Standard	104.53	105.87	106.73	108.07	108.93	110.27	111.13
Camarilla	107.00	107.20	107.40	107.60	107.80	108.00	108.21
Woodie	104.30	105.75	106.50	107.95	108.70	110.15	110.90
Fibonacci	105.87	106.71	107.23	108.07	108.91	109.43	110.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.67	103.03	106.57	108.93	112.47	114.83	118.37
Camarilla	108.48	109.02	109.56	110.10	110.64	111.18	111.72
Woodie	101.25	103.33	107.15	109.23	113.05	115.13	118.95
Fibonacci	103.03	105.29	106.68	108.93	111.19	112.58	114.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.30	93.65	103.25	110.60	120.20	127.55	137.15
Camarilla	108.19	109.74	111.30	112.85	114.40	115.96	117.51
Woodie	87.43	94.21	104.38	111.16	121.33	128.11	138.28
Fibonacci	93.65	100.13	104.13	110.60	117.08	121.08	127.55

Numerical data

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

Technical indicators

Moving averages

RSI (14):	46.83
MACD (12,26,9):	-0.5600
Directional Movement:	-2.17
AROON (14):	-71.43
DEMA (21):	107.20
Parabolic SAR (0,02-0,02-0,2):	108.73
Elder Ray (13):	-0.01
Super Trend (3,10):	109.16
Zig ZAG (10):	107.60
VORTEX (21):	0.8900
Stochastique (14,3,5):	40.88
TEMA (21):	106.83
Williams %R (14):	-45.24
Chande Momentum Oscillator (20):	-0.30
Repulse (5,40,3):	0.3700
ROCnROLL:	-1
TRIX (15,9):	-0.0500
Courbe Coppock:	4.65

MA7:	108.43
MA20:	109.72
MA50:	109.87
MA100:	118.54
MAexp7:	107.32
MAexp20:	107.84
MAexp50:	108.54
MAexp100:	109.24
Price / MA7:	-0.86%
Price / MA20:	-2.02%
Price / MA50:	-2.16%
Price / MA100:	-9.31%
Price / MAexp7:	+0.17%
Price / MAexp20:	-0.32%
Price / MAexp50:	-0.96%
Price / MAexp100:	-1.59%

Quotes : - 15 min delayed data - Spain Stocks

News

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

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

About author

Londinia AI

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