ACCIONA - 1H - Technical analysis published on 06/15/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 160.71 EUR
My targets
164.10 EUR (+0.64%)
167.39 EUR (+2.66%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ACCIONA as long as the price remains well above 160.71 EUR. The buyers' bullish objective is set at 164.10 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 167.39 EUR. If there is any crossing, the next objective would be the resistance located at 169.75 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ACCIONA price is 163.05 EUR. The price has increased by +0.59% since the last closing and was traded between 161.35 EUR and 163.05 EUR over the period. The price is currently at +1.05% from its lowest and 0% from its highest.161.35
163.05
163.05
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ACCIONA in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 156.20 | 158.10 | 160.71 | 163.05 | 164.10 | 167.39 | 169.75 |
| Change (%) | -4.20% | -3.04% | -1.44% | - | +0.64% | +2.66% | +4.11% |
| Change | -6.85 | -4.95 | -2.34 | - | +1.05 | +4.34 | +6.70 |
| Level | Minor | Intermediate | Major | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 158.52 | 159.63 | 160.87 | 161.98 | 163.22 | 164.33 | 165.57 |
| Camarilla | 161.45 | 161.67 | 161.89 | 162.10 | 162.32 | 162.53 | 162.75 |
| Woodie | 158.58 | 159.66 | 160.93 | 162.01 | 163.28 | 164.36 | 165.63 |
| Fibonacci | 159.63 | 160.53 | 161.09 | 161.98 | 162.88 | 163.44 | 164.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 152.40 | 154.30 | 156.85 | 158.75 | 161.30 | 163.20 | 165.75 |
| Camarilla | 158.18 | 158.58 | 158.99 | 159.40 | 159.81 | 160.22 | 160.62 |
| Woodie | 152.73 | 154.46 | 157.18 | 158.91 | 161.63 | 163.36 | 166.08 |
| Fibonacci | 154.30 | 156.00 | 157.05 | 158.75 | 160.45 | 161.50 | 163.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.78 | 135.17 | 143.23 | 157.62 | 165.68 | 180.07 | 188.13 |
| Camarilla | 145.13 | 147.18 | 149.24 | 151.30 | 153.36 | 155.42 | 157.47 |
| Woodie | 117.63 | 133.59 | 140.08 | 156.04 | 162.53 | 178.49 | 184.98 |
| Fibonacci | 135.17 | 143.74 | 149.04 | 157.62 | 166.19 | 171.49 | 180.07 |
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): | 63.92 | |
| MACD (12,26,9): | 0.5600 | |
| Directional Movement: | 12.66 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 162.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 161.35 | |
| Elder Ray (13): | 0.53 | |
| Super Trend (3,10): | 160.88 | |
| Zig ZAG (10): | 162.95 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 76.60 | |
| TEMA (21): | 162.77 | |
| Williams %R (14): | -6.38 | |
| Chande Momentum Oscillator (20): | 1.40 | |
| Repulse (5,40,3): | 0.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.88 |
| MA7: | 160.53 | |
| MA20: | 160.37 | |
| MA50: | 167.88 | |
| MA100: | 174.39 | |
| MAexp7: | 162.45 | |
| MAexp20: | 162.05 | |
| MAexp50: | 160.91 | |
| MAexp100: | 160.42 | |
| Price / MA7: | +1.57% | |
| Price / MA20: | +1.67% | |
| Price / MA50: | -2.88% | |
| Price / MA100: | -6.50% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +1.33% | |
| Price / MAexp100: | +1.64% |
Quotes :
-
15 min delayed data
-
Spain Stocks
News
The last news published on ACCIONA at the time of the generation of this analysis was as follows:
- Eve and Acciona enter strategic partnership to accelerate the development of a sustainable Urban Air Mobility ecosystem
- Acciona Energia Assigned ESG Evaluation Score Of 86; Preparedness Strong
- Sungrow Supplies Inverters for El Romero Solar High-Tech Hub Developed by Acciona
- Sungrow Supplies Inverters for El Romero Solar High-Tech Hub Developed by Acciona
- ACCIONA Industrial Enhances Global Materials Management with the Use of Intergraph Smart® Materials
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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