AZKOYEN

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AZK
ISIN:	ES0112458312

AZKOYEN - Daily - Technical analysis published on 11/01/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 5.90 EUR

My targets

5.49 EUR (-4.69%)

4.82 EUR (-16.32%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AZKOYEN as long as the price remains well below 5.90 EUR. The next bearish objective for sellers is set at 5.49 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.82 EUR. If there is any crossing, the next objective would be the support located at 4.25 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

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.

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Additional analysis

Quotes

The AZKOYEN price is 5.76 EUR. On the day, this instrument lost -0.69% and was traded between 5.74 EUR and 5.84 EUR over the period. The price is currently at +0.35% from its lowest and -1.37% from its highest.

5.74

5.84

5.76

Here is a more detailed summary of the historical variations registered by AZKOYEN:

Technical

Technical analysis of this Daily chart of AZKOYEN indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.82	5.49	5.72	5.76	5.83	5.90	6.16
Change (%)	-16.32%	-4.69%	-0.69%	-	+1.22%	+2.43%	+6.94%
Change	-0.94	-0.27	-0.04	-	+0.07	+0.14	+0.40
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.62	5.68	5.74	5.80	5.86	5.92	5.98
Camarilla	5.77	5.78	5.79	5.80	5.81	5.82	5.83
Woodie	5.62	5.68	5.74	5.80	5.86	5.92	5.98
Fibonacci	5.68	5.73	5.75	5.80	5.85	5.87	5.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.53	5.63	5.69	5.79	5.85	5.95	6.01
Camarilla	5.72	5.73	5.75	5.76	5.78	5.79	5.80
Woodie	5.52	5.62	5.68	5.78	5.84	5.94	6.00
Fibonacci	5.63	5.69	5.73	5.79	5.85	5.89	5.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.23	5.43	5.59	5.79	5.95	6.15	6.31
Camarilla	5.64	5.67	5.71	5.74	5.77	5.81	5.84
Woodie	5.20	5.42	5.56	5.78	5.92	6.14	6.28
Fibonacci	5.43	5.57	5.66	5.79	5.93	6.02	6.15

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):	46.93
MACD (12,26,9):	-0.0200
Directional Movement:	11.03
AROON (14):	0
DEMA (21):	5.77
Parabolic SAR (0,02-0,02-0,2):	5.91
Elder Ray (13):	0.01
Super Trend (3,10):	6.04
Zig ZAG (10):	5.76
VORTEX (21):	0.9200
Stochastique (14,3,5):	22.73
TEMA (21):	5.77
Williams %R (14):	-81.82
Chande Momentum Oscillator (20):	-0.14
Repulse (5,40,3):	-1.8000
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	2.31

MA7:	5.77
MA20:	5.80
MA50:	5.80
MA100:	6.00
MAexp7:	5.77
MAexp20:	5.79
MAexp50:	5.84
MAexp100:	5.95
Price / MA7:	-0.17%
Price / MA20:	-0.69%
Price / MA50:	-0.69%
Price / MA100:	-4.00%
Price / MAexp7:	-0.17%
Price / MAexp20:	-0.52%
Price / MAexp50:	-1.37%
Price / MAexp100:	-3.19%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on AZKOYEN. At the time of publication of this analysis, the latest news was as follows:

Azkoyen

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

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