ASCX-INDEX - Daily - Technical analysis published on 04/26/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 1,276.41 EUR
My targets
1,232.40 EUR (-1.67%)
1,165.87 EUR (-6.98%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on ASCX-INDEX as long as the price remains well below 1,276.41 EUR. The next bearish objective for sellers is set at 1,232.40 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1,165.87 EUR. If there is any crossing, the next objective would be the support located at 1,141.33 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.5
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ASCX-INDEX rating 1,253.29 EUR. The price has increased by +2.39% since the last closing and was between 1,216.97 EUR and 1,259.04 EUR. This implies that the price is at +2.98% from its lowest and at -0.46% from its highest.1,216.97
1,259.04
1,253.29
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ASCX-INDEX:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ASCX-INDEX in Daily shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,165.87 | 1,232.40 | 1,251.54 | 1,253.29 | 1,276.41 | 1,298.00 | 1,320.01 |
| Change (%) | -6.98% | -1.67% | -0.14% | - | +1.84% | +3.57% | +5.32% |
| Change | -87.42 | -20.89 | -1.75 | - | +23.12 | +44.71 | +66.72 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | 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 | 1,214.95 | 1,218.07 | 1,221.06 | 1,224.18 | 1,227.17 | 1,230.29 | 1,233.28 |
| Camarilla | 1,222.37 | 1,222.93 | 1,223.49 | 1,224.05 | 1,224.61 | 1,225.17 | 1,225.73 |
| Woodie | 1,214.89 | 1,218.04 | 1,221.00 | 1,224.15 | 1,227.11 | 1,230.26 | 1,233.22 |
| Fibonacci | 1,218.07 | 1,220.40 | 1,221.85 | 1,224.18 | 1,226.51 | 1,227.96 | 1,230.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,177.92 | 1,203.80 | 1,221.61 | 1,247.49 | 1,265.30 | 1,291.18 | 1,308.99 |
| Camarilla | 1,227.40 | 1,231.40 | 1,235.41 | 1,239.41 | 1,243.42 | 1,247.42 | 1,251.43 |
| Woodie | 1,173.88 | 1,201.78 | 1,217.57 | 1,245.47 | 1,261.26 | 1,289.16 | 1,304.95 |
| Fibonacci | 1,203.80 | 1,220.49 | 1,230.80 | 1,247.49 | 1,264.18 | 1,274.49 | 1,291.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,099.45 | 1,146.41 | 1,222.21 | 1,269.17 | 1,344.97 | 1,391.93 | 1,467.73 |
| Camarilla | 1,264.26 | 1,275.51 | 1,286.77 | 1,298.02 | 1,309.27 | 1,320.53 | 1,331.78 |
| Woodie | 1,113.88 | 1,153.62 | 1,236.64 | 1,276.38 | 1,359.40 | 1,399.14 | 1,482.16 |
| Fibonacci | 1,146.41 | 1,193.30 | 1,222.27 | 1,269.17 | 1,316.06 | 1,345.03 | 1,391.93 |
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): | 49.06 | |
| MACD (12,26,9): | -7.9000 | |
| Directional Movement: | 1.24 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 1,245.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,284.73 | |
| Elder Ray (13): | -13.16 | |
| Super Trend (3,10): | 1,276.92 | |
| Zig ZAG (10): | 1,256.39 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 31.09 | |
| TEMA (21): | 1,242.60 | |
| Williams %R (14): | -32.45 | |
| Chande Momentum Oscillator (20): | -6.85 | |
| Repulse (5,40,3): | 3.8300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 4.31 |
| MA7: | 1,244.96 | |
| MA20: | 1,260.71 | |
| MA50: | 1,273.18 | |
| MA100: | 1,264.17 | |
| MAexp7: | 1,246.11 | |
| MAexp20: | 1,255.27 | |
| MAexp50: | 1,264.56 | |
| MAexp100: | 1,263.51 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | -0.59% | |
| Price / MA50: | -1.56% | |
| Price / MA100: | -0.86% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.89% | |
| Price / MAexp100: | -0.81% |
Quotes :
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15 min delayed data
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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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