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 01/30/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

28%

22%

My opinion

Bullish above 6.16 EUR

My targets

6.40 EUR (+1.59%)

6.50 EUR (+3.17%)

My analysis

The bullish trend is currently very strong on AZKOYEN. As long as the price remains above the support at 6.16 EUR, you could try to benefit from the boom. The first bullish objective is located at 6.40 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.50 EUR as an objective. Crossing it would then enable buyers to target 6.58 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.8

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 AZKOYEN rating is 6.30 EUR. The price registered an increase of +2.61% on the session and was between 6.24 EUR and 6.30 EUR. This implies that the price is at +0.96% from its lowest and at 0% from its highest.

6.24

6.30

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this AZKOYEN chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 9 are bullish, 4 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 : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.06	6.16	6.28	6.30	6.40	6.50	6.58
Change (%)	-3.81%	-2.22%	-0.32%	-	+1.59%	+3.17%	+4.44%
Change	-0.24	-0.14	-0.02	-	+0.10	+0.20	+0.28
Level	Minor	Intermediate	Minor	-	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
Standard	5.97	6.05	6.09	6.17	6.21	6.29	6.33
Camarilla	6.11	6.12	6.13	6.14	6.15	6.16	6.17
Woodie	5.96	6.04	6.08	6.16	6.20	6.28	6.32
Fibonacci	6.05	6.09	6.12	6.17	6.21	6.24	6.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.90	6.02	6.08	6.20	6.26	6.38	6.44
Camarilla	6.09	6.11	6.12	6.14	6.16	6.17	6.19
Woodie	5.87	6.01	6.05	6.19	6.23	6.37	6.41
Fibonacci	6.02	6.09	6.13	6.20	6.27	6.31	6.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.01	5.29	5.83	6.11	6.65	6.93	7.47
Camarilla	6.14	6.21	6.29	6.36	6.44	6.51	6.59
Woodie	5.13	5.36	5.95	6.18	6.77	7.00	7.59
Fibonacci	5.29	5.61	5.80	6.11	6.43	6.62	6.93

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):	56.20
MACD (12,26,9):	0.0400
Directional Movement:	2.42
AROON (14):	-28.57
DEMA (21):	6.29
Parabolic SAR (0,02-0,02-0,2):	6.37
Elder Ray (13):	0.04
Super Trend (3,10):	5.89
Zig ZAG (10):	6.30
VORTEX (21):	0.9400
Stochastique (14,3,5):	29.17
TEMA (21):	6.25
Williams %R (14):	-37.50
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	-0.2300
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	0.51

MA7:	6.23
MA20:	6.25
MA50:	6.04
MA100:	5.91
MAexp7:	6.23
MAexp20:	6.22
MAexp50:	6.10
MAexp100:	6.03
Price / MA7:	+1.12%
Price / MA20:	+0.80%
Price / MA50:	+4.30%
Price / MA100:	+6.60%
Price / MAexp7:	+1.12%
Price / MAexp20:	+1.29%
Price / MAexp50:	+3.28%
Price / MAexp100:	+4.48%

Quotes : - 15 min delayed data - Spain Stocks

News

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

Azkoyen

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

About author

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