AMX-INDEX
AMX-INDEX
- EUR (-)
- 15 min delayed data - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: AMX
ISIN: NL0000249274

AMX-INDEX - 1H - Technical analysis published on 02/16/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 891.08 EUR
My targets
903.68 EUR (+0.42%)
907.69 EUR (+0.87%)
My analysis
AMX-INDEX 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 891.08 EUR. The next resistance located at 903.68 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 907.69 EUR. After this resistance, buyers could then target 919.72 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

AMX-INDEX rating 899.88 EUR. The price is lower by -0.01% since the last closing and was traded between 898.26 EUR and 906.54 EUR over the period. The price is currently at +0.18% from its lowest and -0.73% from its highest.

898.26
906.54
899.88

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMX-INDEX:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AMX-INDEX chart shows a strongly 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 874.24 877.93 891.08 899.88 900.48 903.68 907.69
Change (%) -2.85% -2.44% -0.98% - +0.07% +0.42% +0.87%
Change -25.64 -21.95 -8.80 - +0.60 +3.80 +7.81
Level Intermediate Major Minor - Major Intermediate Intermediate



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
Standard888.30893.28896.58901.56904.86909.84913.14
Camarilla897.60898.36899.12899.88900.64901.40902.16
Woodie887.46892.86895.74901.14904.02909.42912.30
Fibonacci893.28896.44898.40901.56904.72906.68909.84


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard848.27861.25880.57893.55912.87925.85945.17
Camarilla891.00893.96896.92899.88902.84905.80908.76
Woodie851.43862.84883.73895.14916.03927.44948.33
Fibonacci861.25873.59881.22893.55905.89913.52925.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard809.37841.11870.25901.99931.13962.87992.01
Camarilla882.66888.24893.82899.40904.98910.56916.14
Woodie808.08840.46868.96901.34929.84962.22990.72
Fibonacci841.11864.36878.73901.99925.24939.61962.87

Numerical data


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

Technical indicators
Moving averages

RSI (14): 55.43
MACD (12,26,9): 2.5400
Directional Movement: 8.99
AROON (14): 21.43
DEMA (21): 902.20
Parabolic SAR (0,02-0,02-0,2): 905.64
Elder Ray (13): 0.05
Super Trend (3,10): 895.63
Zig ZAG (10): 899.88
VORTEX (21): 1.0100
Stochastique (14,3,5): 30.17
TEMA (21): 902.86
Williams %R (14): -65.81
Chande Momentum Oscillator (20): 2.57
Repulse (5,40,3): -0.2300
ROCnROLL: -1
TRIX (15,9): 0.0500
Courbe Coppock: 1.01
MA7: 891.82
MA20: 891.66
MA50: 897.41
MA100: 860.34
MAexp7: 900.51
MAexp20: 898.66
MAexp50: 894.79
MAexp100: 892.92
Price / MA7: +0.90%
Price / MA20: +0.92%
Price / MA50: +0.28%
Price / MA100: +4.60%
Price / MAexp7: -0.07%
Price / MAexp20: +0.14%
Price / MAexp50: +0.57%
Price / MAexp100: +0.78%

Quotes : - 15 min delayed data - Euronext Indices

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

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