ASCX-INDEX - 1H - Technical analysis published on 01/05/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 1,235.51 EUR
My targets
1,256.77 EUR (+1.19%)
1,305.08 EUR (+5.08%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ASCX-INDEX as long as the price remains well above 1,235.51 EUR. The buyers' bullish objective is set at 1,256.77 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,305.08 EUR. If there is any crossing, the next objective would be the resistance located at 1,343.74 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7
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Additional analysis
Quotes
ASCX-INDEX rating 1,241.99 EUR. The price is lower by -0.01% since the last closing and was traded between 1,235.22 EUR and 1,244.34 EUR over the period. The price is currently at +0.55% from its lowest and -0.19% from its highest.1,235.22
1,244.34
1,241.99
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ASCX-INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,189.19 | 1,219.85 | 1,235.51 | 1,241.99 | 1,256.77 | 1,343.74 | 1,404.29 |
| Change (%) | -4.25% | -1.78% | -0.52% | - | +1.19% | +8.19% | +13.07% |
| Change | -52.80 | -22.14 | -6.48 | - | +14.78 | +101.75 | +162.30 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Minor |
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 | 1,221.99 | 1,228.24 | 1,235.21 | 1,241.46 | 1,248.43 | 1,254.68 | 1,261.65 |
| Camarilla | 1,238.54 | 1,239.75 | 1,240.96 | 1,242.17 | 1,243.38 | 1,244.59 | 1,245.81 |
| Woodie | 1,222.34 | 1,228.42 | 1,235.56 | 1,241.64 | 1,248.78 | 1,254.86 | 1,262.00 |
| Fibonacci | 1,228.24 | 1,233.29 | 1,236.41 | 1,241.46 | 1,246.51 | 1,249.63 | 1,254.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,144.85 | 1,159.29 | 1,174.37 | 1,188.81 | 1,203.89 | 1,218.33 | 1,233.41 |
| Camarilla | 1,181.33 | 1,184.04 | 1,186.74 | 1,189.45 | 1,192.16 | 1,194.86 | 1,197.57 |
| Woodie | 1,145.17 | 1,159.45 | 1,174.69 | 1,188.97 | 1,204.21 | 1,218.49 | 1,233.73 |
| Fibonacci | 1,159.29 | 1,170.57 | 1,177.53 | 1,188.81 | 1,200.09 | 1,207.05 | 1,218.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,035.02 | 1,092.84 | 1,141.14 | 1,198.96 | 1,247.26 | 1,305.08 | 1,353.38 |
| Camarilla | 1,160.27 | 1,170.00 | 1,179.72 | 1,189.45 | 1,199.18 | 1,208.91 | 1,218.63 |
| Woodie | 1,030.27 | 1,090.46 | 1,136.39 | 1,196.58 | 1,242.51 | 1,302.70 | 1,348.63 |
| Fibonacci | 1,092.84 | 1,133.38 | 1,158.42 | 1,198.96 | 1,239.50 | 1,264.54 | 1,305.08 |
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): | 62.15 | |
| MACD (12,26,9): | 6.6100 | |
| Directional Movement: | 14.29 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1,247.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,245.30 | |
| Elder Ray (13): | 1.94 | |
| Super Trend (3,10): | 1,233.19 | |
| Zig ZAG (10): | 1,242.44 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 63.73 | |
| TEMA (21): | 1,245.91 | |
| Williams %R (14): | -44.32 | |
| Chande Momentum Oscillator (20): | 1.04 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.89 |
| MA7: | 1,214.74 | |
| MA20: | 1,197.95 | |
| MA50: | 1,208.46 | |
| MA100: | 1,210.87 | |
| MAexp7: | 1,242.28 | |
| MAexp20: | 1,237.88 | |
| MAexp50: | 1,223.17 | |
| MAexp100: | 1,211.42 | |
| Price / MA7: | +2.24% | |
| Price / MA20: | +3.68% | |
| Price / MA50: | +2.77% | |
| Price / MA100: | +2.57% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +1.54% | |
| Price / MAexp100: | +2.52% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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