ASCX-INDEX - 1H - Technical analysis published on 09/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 1,168.11 EUR
My targets
1,147.41 EUR (-1.25%)
1,118.83 EUR (-3.71%)
My analysis
All elements being clearly 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 1,168.11 EUR. The sellers' bearish objective is set at 1,147.41 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,118.83 EUR. In case of crossing, the next objective would be the support located at 831.33 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
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.
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Additional analysis
Quotes
The ASCX-INDEX rating is 1,161.99 EUR. On the day, this instrument lost -0.06% and was traded between 1,160.94 EUR and 1,169.16 EUR over the period. The price is currently at +0.09% from its lowest and -0.61% from its highest.1,160.94
1,169.16
1,161.99
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
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 bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 831.33 | 1,118.83 | 1,161.05 | 1,161.99 | 1,168.11 | 1,181.84 | 1,191.75 |
| Change (%) | -28.46% | -3.71% | -0.08% | - | +0.53% | +1.71% | +2.56% |
| Change | -330.66 | -43.16 | -0.94 | - | +6.12 | +19.85 | +29.76 |
| Level | Minor | Major | Intermediate | - | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,144.85 | 1,151.97 | 1,157.30 | 1,164.42 | 1,169.75 | 1,176.87 | 1,182.20 |
| Camarilla | 1,159.22 | 1,160.36 | 1,161.50 | 1,162.64 | 1,163.78 | 1,164.92 | 1,166.06 |
| Woodie | 1,143.97 | 1,151.52 | 1,156.42 | 1,163.97 | 1,168.87 | 1,176.42 | 1,181.32 |
| Fibonacci | 1,151.97 | 1,156.72 | 1,159.66 | 1,164.42 | 1,169.17 | 1,172.11 | 1,176.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,099.28 | 1,130.17 | 1,147.41 | 1,178.30 | 1,195.54 | 1,226.43 | 1,243.67 |
| Camarilla | 1,151.42 | 1,155.84 | 1,160.25 | 1,164.66 | 1,169.07 | 1,173.48 | 1,177.90 |
| Woodie | 1,092.47 | 1,126.76 | 1,140.60 | 1,174.89 | 1,188.73 | 1,223.02 | 1,236.86 |
| Fibonacci | 1,130.17 | 1,148.55 | 1,159.91 | 1,178.30 | 1,196.68 | 1,208.04 | 1,226.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,032.35 | 1,081.93 | 1,145.11 | 1,194.69 | 1,257.87 | 1,307.45 | 1,370.63 |
| Camarilla | 1,177.27 | 1,187.61 | 1,197.94 | 1,208.28 | 1,218.62 | 1,228.95 | 1,239.29 |
| Woodie | 1,039.14 | 1,085.33 | 1,151.90 | 1,198.09 | 1,264.66 | 1,310.85 | 1,377.42 |
| Fibonacci | 1,081.93 | 1,125.01 | 1,151.62 | 1,194.69 | 1,237.77 | 1,264.38 | 1,307.45 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 37.74 | |
| MACD (12,26,9): | -3.6000 | |
| Directional Movement: | -15.79 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1,161.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,169.50 | |
| Elder Ray (13): | -2.64 | |
| Super Trend (3,10): | 1,172.24 | |
| Zig ZAG (10): | 1,161.20 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 36.81 | |
| TEMA (21): | 1,162.50 | |
| Williams %R (14): | -81.37 | |
| Chande Momentum Oscillator (20): | -4.48 | |
| Repulse (5,40,3): | -0.5200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.89 |
| MA7: | 1,171.11 | |
| MA20: | 1,195.09 | |
| MA50: | 1,215.93 | |
| MA100: | 1,218.75 | |
| MAexp7: | 1,163.16 | |
| MAexp20: | 1,166.71 | |
| MAexp50: | 1,175.10 | |
| MAexp100: | 1,184.31 | |
| Price / MA7: | -0.78% | |
| Price / MA20: | -2.77% | |
| Price / MA50: | -4.44% | |
| Price / MA100: | -4.66% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -1.12% | |
| Price / MAexp100: | -1.88% |
Quotes :
-
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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