ACCELL GROUP - Daily - Technical analysis published on 03/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
ACCELL GROUP Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 25.60 EUR
My targets
23.55 EUR (-4.85%)
21.77 EUR (-12.04%)
My analysis
ACCELL GROUP 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 25.60 EUR. The next support located at 23.55 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 21.77 EUR. Below this support, sellers could then target 20.68 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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 Vincent Launay.
Additional analysis
Quotes
ACCELL GROUP rating 24.75 EUR. On the day, this instrument lost -0.40% and was between 24.65 EUR and 25.40 EUR. This implies that the price is at +0.41% from its lowest and at -2.56% from its highest.24.65
25.40
24.75
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ACCELL GROUP chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.68 | 21.77 | 23.55 | 24.75 | 25.60 | 28.00 | 29.30 |
| Change (%) | -16.44% | -12.04% | -4.85% | - | +3.43% | +13.13% | +18.38% |
| Change | -4.07 | -2.98 | -1.20 | - | +0.85 | +3.25 | +4.55 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Intermediate |
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 | 23.78 | 24.22 | 24.53 | 24.97 | 25.28 | 25.72 | 26.03 |
| Camarilla | 24.64 | 24.71 | 24.78 | 24.85 | 24.92 | 24.99 | 25.06 |
| Woodie | 23.73 | 24.19 | 24.48 | 24.94 | 25.23 | 25.69 | 25.98 |
| Fibonacci | 24.22 | 24.50 | 24.68 | 24.97 | 25.25 | 25.43 | 25.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.18 | 22.47 | 23.68 | 25.97 | 27.18 | 29.47 | 30.68 |
| Camarilla | 23.94 | 24.26 | 24.58 | 24.90 | 25.22 | 25.54 | 25.86 |
| Woodie | 19.65 | 22.20 | 23.15 | 25.70 | 26.65 | 29.20 | 30.15 |
| Fibonacci | 22.47 | 23.80 | 24.63 | 25.97 | 27.30 | 28.13 | 29.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.78 | 21.77 | 23.33 | 26.32 | 27.88 | 30.87 | 32.43 |
| Camarilla | 23.65 | 24.07 | 24.48 | 24.90 | 25.32 | 25.73 | 26.15 |
| Woodie | 18.08 | 21.41 | 22.63 | 25.96 | 27.18 | 30.51 | 31.73 |
| Fibonacci | 21.77 | 23.51 | 24.58 | 26.32 | 28.06 | 29.13 | 30.87 |
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): | 31.69 | |
| MACD (12,26,9): | -0.7100 | |
| Directional Movement: | -20.60 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 25.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.28 | |
| Elder Ray (13): | -1.01 | |
| Super Trend (3,10): | 27.29 | |
| Zig ZAG (10): | 24.90 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 11.78 | |
| TEMA (21): | 24.93 | |
| Williams %R (14): | -88.89 | |
| Chande Momentum Oscillator (20): | -4.15 | |
| Repulse (5,40,3): | -5.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 21.85 |
| MA7: | 25.14 | |
| MA20: | 27.24 | |
| MA50: | 26.99 | |
| MA100: | 25.44 | |
| MAexp7: | 25.38 | |
| MAexp20: | 26.56 | |
| MAexp50: | 26.63 | |
| MAexp100: | 25.78 | |
| Price / MA7: | -1.55% | |
| Price / MA20: | -9.14% | |
| Price / MA50: | -8.30% | |
| Price / MA100: | -2.71% | |
| Price / MAexp7: | -2.48% | |
| Price / MAexp20: | -6.81% | |
| Price / MAexp50: | -7.06% | |
| Price / MAexp100: | -4.00% |
News
Don"t forget to follow the news on ACCELL GROUP. At the time of publication of this analysis, the latest news was as follows:
Accell GroupThis member declared not having a position on this financial instrument or a related financial instrument.
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