ACCIONA ENERGIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ANE
ISIN:	ES0105563003

ACCIONA ENERGIA - 1H - Technical analysis published on 01/18/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

33%

My opinion

Bearish under 24.80 EUR

My targets

23.24 EUR (-2.52%)

22.80 EUR (-4.36%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ACCIONA ENERGIA. As long as you are under the resistance located at 24.80 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 23.24 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 22.80 EUR as an objective. If the resistance 24.80 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.1

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 ACCIONA ENERGIA rating is 23.84 EUR. The price registered an increase of +3.29% on the session with the lowest point at 22.74 EUR and the highest point at 23.86 EUR. The deviation from the price is +4.84% for the low point and -0.08% for the high point.

22.74

23.86

23.84

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ACCIONA ENERGIA chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	22.80	23.24	23.84	24.80	25.55	26.14
Change (%)	-4.36%	-2.52%	-	+4.03%	+7.17%	+9.65%
Change	-1.04	-0.60	-	+0.96	+1.71	+2.30
Level	Major	Minor	-	Minor	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.21	22.63	22.85	23.27	23.49	23.91	24.13
Camarilla	22.90	22.96	23.02	23.08	23.14	23.20	23.26
Woodie	22.12	22.58	22.76	23.22	23.40	23.86	24.04
Fibonacci	22.63	22.87	23.02	23.27	23.51	23.66	23.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.28	24.04	24.72	25.48	26.16	26.92	27.60
Camarilla	25.00	25.14	25.27	25.40	25.53	25.66	25.80
Woodie	23.24	24.02	24.68	25.46	26.12	26.90	27.56
Fibonacci	24.04	24.59	24.93	25.48	26.03	26.37	26.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.55	24.79	26.43	27.67	29.31	30.55	32.19
Camarilla	27.29	27.55	27.82	28.08	28.34	28.61	28.87
Woodie	23.76	24.89	26.64	27.77	29.52	30.65	32.40
Fibonacci	24.79	25.89	26.57	27.67	28.77	29.45	30.55

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.61
MACD (12,26,9):	-0.2800
Directional Movement:	-0.20
AROON (14):	42.86
DEMA (21):	23.15
Parabolic SAR (0,02-0,02-0,2):	22.89
Elder Ray (13):	0.30
Super Trend (3,10):	23.13
Zig ZAG (10):	23.78
VORTEX (21):	0.8600
Stochastique (14,3,5):	88.76
TEMA (21):	23.22
Williams %R (14):	-1.89
Chande Momentum Oscillator (20):	0.50
Repulse (5,40,3):	1.9300
ROCnROLL:	-1
TRIX (15,9):	-0.2500
Courbe Coppock:	2.66

MA7:	24.63
MA20:	26.26
MA50:	26.76
MA100:	26.10
MAexp7:	23.46
MAexp20:	23.58
MAexp50:	24.23
MAexp100:	25.00
Price / MA7:	-3.21%
Price / MA20:	-9.22%
Price / MA50:	-10.91%
Price / MA100:	-8.66%
Price / MAexp7:	+1.62%
Price / MAexp20:	+1.10%
Price / MAexp50:	-1.61%
Price / MAexp100:	-4.64%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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