ASCX-INDEX
ASCX-INDEX
378.80 EUR (-3.02%)
03/28/2025 - 19:59 Closed 15 min delayed data - Euronext Indices
Open: 388.08
Change: -11.78
Volume: 21,632,016
Low: 376.93
High: 389.13
High / Low range: 12.20
Type: Indices
Ticker: ASCX
ISIN: NL0000249142

ASCX-INDEX - 1H - Technical analysis published on 07/04/2024 (GMT)

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  • 07/04/2024 - 15:30
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  • Timeframe : 1H
  • - Analysis generated on 07/04/2024 - 15:30
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1,227.12 EUR
My targets
1,235.51 EUR (+0.37%)
1,241.68 EUR (+0.87%)
My analysis
ASCX-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 1,227.12 EUR. The next resistance located at 1,235.51 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 1,241.68 EUR. After this resistance, buyers could then target 1,249.53 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1

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

ASCX-INDEX rating 1,230.97 EUR. The price is lower by -0.07% since the last closing with the lowest point at 1,229.64 EUR and the highest point at 1,236.16 EUR. The deviation from the price is +0.11% for the low point and -0.42% for the high point.

1,229.64
1,236.16
1,230.97

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-15-7.507.5January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

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


Technical analysis of ASCX-INDEX in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,202.54 1,213.74 1,227.12 1,230.97 1,235.51 1,241.68 1,249.53
Change (%) -2.31% -1.40% -0.31% - +0.37% +0.87% +1.51%
Change -28.43 -17.23 -3.85 - +4.54 +10.71 +18.56
Level Minor Major Major - Major Major Minor



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
Standard1,208.311,213.021,222.421,227.131,236.531,241.241,250.64
Camarilla1,227.951,229.241,230.541,231.831,233.121,234.421,235.71
Woodie1,210.671,214.191,224.781,228.301,238.891,242.411,253.00
Fibonacci1,213.021,218.411,221.741,227.131,232.521,235.851,241.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,165.181,182.591,192.571,209.981,219.961,237.371,247.35
Camarilla1,195.011,197.521,200.031,202.541,205.051,207.561,210.07
Woodie1,161.461,180.731,188.851,208.121,216.241,235.511,243.63
Fibonacci1,182.591,193.061,199.521,209.981,220.451,226.911,237.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,117.721,158.871,180.701,221.851,243.681,284.831,306.66
Camarilla1,185.221,190.991,196.771,202.541,208.311,214.091,219.86
Woodie1,108.071,154.041,171.051,217.021,234.031,280.001,297.01
Fibonacci1,158.871,182.931,197.791,221.851,245.911,260.771,284.83

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
Created with Raphaël 2.3.0Neutral8
Moving averages
Created with Raphaël 2.3.0Buy24

RSI (14): 61.38
MACD (12,26,9): 3.5000
Directional Movement: 11.85
AROON (14): 50.00
DEMA (21): 1,232.87
Parabolic SAR (0,02-0,02-0,2): 1,235.30
Elder Ray (13): 0.78
Super Trend (3,10): 1,226.33
Zig ZAG (10): 1,230.64
VORTEX (21): 1.2400
Stochastique (14,3,5): 53.91
TEMA (21): 1,233.72
Williams %R (14): -53.28
Chande Momentum Oscillator (20): 4.23
Repulse (5,40,3): -0.1000
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 1.29
MA7: 1,216.82
MA20: 1,227.48
MA50: 1,222.04
MA100: 1,217.01
MAexp7: 1,230.85
MAexp20: 1,227.78
MAexp50: 1,222.94
MAexp100: 1,223.37
Price / MA7: +1.16%
Price / MA20: +0.28%
Price / MA50: +0.73%
Price / MA100: +1.15%
Price / MAexp7: +0.01%
Price / MAexp20: +0.26%
Price / MAexp50: +0.66%
Price / MAexp100: +0.62%

Quotes : 07/04/2024 - 15:14 - 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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