Londinia Opportunities Analyses - 04/25/2024 (GMT) AUDAX RENOV - 1H
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EUR
(-)
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15 min delayed data - Spain Stocks
Type: | Stocks |
Ticker: | ADX |
ISIN: | ES0136463017 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.784 EUR
My targets
1.840 EUR (+2.34%)
1.935 EUR (+7.62%)
My analysis
AUDAX RENOV is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.784 EUR. The next resistance located at 1.840 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.935 EUR. After this resistance, buyers could then target 2.095 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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Additional analysis
Quotes
The AUDAX RENOV rating is 1.798 EUR. The price registered a decrease of -0.33% on the session with the lowest point at 1.788 EUR and the highest point at 1.808 EUR. The deviation from the price is +0.56% for the low point and -0.55% for the high point.1.788
1.808
1.798
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUDAX RENOV:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AUDAX RENOV in 1H shows a strongly overall bullish trend. 92.86% 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 shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.532 | 1.650 | 1.784 | 1.798 | 1.840 | 1.935 | 2.095 |
Change (%) | -14.79% | -8.23% | -0.78% | - | +2.34% | +7.62% | +16.52% |
Change | -0.266 | -0.148 | -0.014 | - | +0.042 | +0.137 | +0.297 |
Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 |
---|---|---|---|---|---|---|---|
Standard | 1.731 | 1.747 | 1.775 | 1.791 | 1.819 | 1.835 | 1.863 |
Camarilla | 1.792 | 1.796 | 1.800 | 1.804 | 1.808 | 1.812 | 1.816 |
Woodie | 1.738 | 1.750 | 1.782 | 1.794 | 1.826 | 1.838 | 1.870 |
Fibonacci | 1.747 | 1.764 | 1.774 | 1.791 | 1.808 | 1.818 | 1.835 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.554 | 1.618 | 1.682 | 1.746 | 1.810 | 1.874 | 1.938 |
Camarilla | 1.711 | 1.723 | 1.734 | 1.746 | 1.758 | 1.770 | 1.781 |
Woodie | 1.554 | 1.618 | 1.682 | 1.746 | 1.810 | 1.874 | 1.938 |
Fibonacci | 1.618 | 1.667 | 1.697 | 1.746 | 1.795 | 1.825 | 1.874 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.915 | 1.069 | 1.309 | 1.463 | 1.703 | 1.857 | 2.097 |
Camarilla | 1.442 | 1.478 | 1.514 | 1.550 | 1.586 | 1.622 | 1.658 |
Woodie | 0.959 | 1.091 | 1.353 | 1.485 | 1.747 | 1.879 | 2.141 |
Fibonacci | 1.069 | 1.219 | 1.312 | 1.463 | 1.613 | 1.706 | 1.857 |
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): | 60.04 | |
MACD (12,26,9): | 0.0090 | |
Directional Movement: | 11.724 | |
AROON (14): | 78.571 | |
DEMA (21): | 1.793 | |
Parabolic SAR (0,02-0,02-0,2): | 1.763 | |
Elder Ray (13): | 0.007 | |
Super Trend (3,10): | 1.761 | |
Zig ZAG (10): | 1.798 | |
VORTEX (21): | 1.1190 | |
Stochastique (14,3,5): | 77.33 | |
TEMA (21): | 1.798 | |
Williams %R (14): | -20.00 | |
Chande Momentum Oscillator (20): | 0.032 | |
Repulse (5,40,3): | 0.5290 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0540 | |
Courbe Coppock: | 3.17 |
MA7: | 1.775 | |
MA20: | 1.707 | |
MA50: | 1.470 | |
MA100: | 1.386 | |
MAexp7: | 1.794 | |
MAexp20: | 1.782 | |
MAexp50: | 1.768 | |
MAexp100: | 1.739 | |
Price / MA7: | +1.30% | |
Price / MA20: | +5.33% | |
Price / MA50: | +22.31% | |
Price / MA100: | +29.73% | |
Price / MAexp7: | +0.22% | |
Price / MAexp20: | +0.90% | |
Price / MAexp50: | +1.70% | |
Price / MAexp100: | +3.39% |
Quotes :
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15 min delayed data
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Actions Espagne
News
The last news published on AUDAX RENOV at the time of the generation of this analysis was as follows: