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 05/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

22%

My opinion

Bullish above 943.22 EUR

My targets

964.08 EUR (+0.76%)

982.53 EUR (+2.69%)

My analysis

The bullish trend is currently very strong on AMX-INDEX. As long as the price remains above the support at 943.22 EUR, you could try to benefit from the boom. The first bullish objective is located at 964.08 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 982.53 EUR as an objective. Crossing it would then enable buyers to target 1,036.54 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.1

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 AMX-INDEX rating is 956.78 EUR. The price is lower by -0.02% since the last closing and was traded between 954.68 EUR and 957.42 EUR over the period. The price is currently at +0.22% from its lowest and -0.07% from its highest.

954.68

957.42

956.78

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

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 4 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

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.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	929.45	935.61	943.22	956.78	982.53	1,036.54	1,113.35
Change (%)	-2.86%	-2.21%	-1.42%	-	+2.69%	+8.34%	+16.36%
Change	-27.33	-21.17	-13.56	-	+25.75	+79.76	+156.57
Level	Major	Minor	Minor	-	Minor	Intermediate	Major

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	935.51	943.65	950.32	958.46	965.13	973.27	979.94
Camarilla	952.91	954.27	955.62	956.98	958.34	959.70	961.05
Woodie	934.77	943.28	949.58	958.09	964.39	972.90	979.20
Fibonacci	943.65	949.31	952.81	958.46	964.12	967.62	973.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	908.16	916.37	926.80	935.01	945.44	953.65	964.08
Camarilla	932.10	933.81	935.52	937.23	938.94	940.65	942.36
Woodie	909.27	916.93	927.91	935.57	946.55	954.21	965.19
Fibonacci	916.37	923.49	927.89	935.01	942.13	946.53	953.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	864.99	889.47	902.45	926.93	939.91	964.39	977.37
Camarilla	905.14	908.57	912.01	915.44	918.87	922.31	925.74
Woodie	859.25	886.60	896.71	924.06	934.17	961.52	971.63
Fibonacci	889.47	903.78	912.62	926.93	941.24	950.08	964.39

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):	64.82
MACD (12,26,9):	3.3400
Directional Movement:	22.07
AROON (14):	28.57
DEMA (21):	958.28
Parabolic SAR (0,02-0,02-0,2):	962.95
Elder Ray (13):	0.76
Super Trend (3,10):	951.41
Zig ZAG (10):	956.34
VORTEX (21):	1.1600
Stochastique (14,3,5):	21.84
TEMA (21):	958.41
Williams %R (14):	-86.76
Chande Momentum Oscillator (20):	-0.18
Repulse (5,40,3):	-0.0300
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	0.97

MA7:	944.89
MA20:	931.53
MA50:	924.65
MA100:	911.29
MAexp7:	956.01
MAexp20:	953.51
MAexp50:	947.01
MAexp100:	940.76
Price / MA7:	+1.26%
Price / MA20:	+2.71%
Price / MA50:	+3.47%
Price / MA100:	+4.99%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.34%
Price / MAexp50:	+1.03%
Price / MAexp100:	+1.70%

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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