AKWEL
AKWEL
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AKW
ISIN: FR0000053027

AKWEL - Daily - Technical analysis published on 03/27/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
72%
6%
22%
My opinion
Bullish above 14.00 EUR
My targets
15.74 EUR (+5.35%)
16.40 EUR (+9.77%)
My analysis
The strong short-term increase of AKWEL should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 14.00 EUR, a purchase could be considered. The first bullish objective is located at 15.74 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 16.40 EUR. If there is any crossing, the next objective would be the resistance at 17.44 EUR. Caution, if there is a return under 14.00 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.9

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:
Weekly

Additional analysis

Quotes

The AKWEL price is 14.94 EUR. On the day, this instrument gained +3.75% and was between 14.60 EUR and 14.94 EUR. This implies that the price is at +2.33% from its lowest and at 0% from its highest.

14.60
14.94
14.94

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AKWEL:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AKWEL in Daily shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.00 13.40 14.00 14.94 15.03 15.74 16.40
Change (%) -12.99% -10.31% -6.29% - +0.60% +5.35% +9.77%
Change -1.94 -1.54 -0.94 - +0.09 +0.80 +1.46
Level Minor Intermediate Major - Minor Minor Intermediate



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
Standard13.1113.4513.9314.2714.7515.0915.57
Camarilla14.1814.2514.3314.4014.4814.5514.63
Woodie13.1713.4913.9914.3114.8115.1315.63
Fibonacci13.4513.7713.9614.2714.5914.7815.09


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.8712.3113.2113.6514.5514.9915.89
Camarilla13.7313.8513.9814.1014.2214.3514.47
Woodie12.0912.4313.4313.7714.7715.1116.11
Fibonacci12.3112.8313.1413.6514.1714.4814.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.6211.8213.0415.2416.4618.6619.88
Camarilla13.3213.6313.9514.2614.5714.8915.20
Woodie9.1311.5812.5515.0015.9718.4219.39
Fibonacci11.8213.1313.9315.2416.5517.3518.66

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): 62.57
MACD (12,26,9): -0.1200
Directional Movement: 10.49
AROON (14): 50.00
DEMA (21): 13.87
Parabolic SAR (0,02-0,02-0,2): 13.06
Elder Ray (13): 0.68
Super Trend (3,10): 13.42
Zig ZAG (10): 14.94
VORTEX (21): 0.9800
Stochastique (14,3,5): 95.59
TEMA (21): 14.07
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 1.08
Repulse (5,40,3): 7.4700
ROCnROLL: 1
TRIX (15,9): -0.3300
Courbe Coppock: 1.84
MA7: 14.07
MA20: 13.93
MA50: 14.88
MA100: 15.08
MAexp7: 14.24
MAexp20: 14.13
MAexp50: 14.57
MAexp100: 14.86
Price / MA7: +6.18%
Price / MA20: +7.25%
Price / MA50: +0.40%
Price / MA100: -0.93%
Price / MAexp7: +4.92%
Price / MAexp20: +5.73%
Price / MAexp50: +2.54%
Price / MAexp100: +0.54%

Quotes : - 15 min delayed data - Euronext Paris

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

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