ACCIONA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ANA
ISIN:	ES0125220311

ACCIONA - 1H - Technical analysis published on 05/10/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 117.6 EUR

My targets

121.7 EUR (+1.25%)

125.8 EUR (+4.66%)

My analysis

ACCIONA 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 117.6 EUR. The next resistance located at 121.7 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 125.8 EUR. After this resistance, buyers could then target 130.4 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

8.8

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.

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Additional analysis

Quotes

The ACCIONA price is 120.2 EUR. On the day, this instrument gained +2.30% and was traded between 117.8 EUR and 120.6 EUR over the period. The price is currently at +2.04% from its lowest and -0.33% from its highest.

117.8

120.6

120.2

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ACCIONA:

The Central Records scanner for higher/lower results shows an item:

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 market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

White gravestone / inverted hammer

Type : Neutral

Timeframe : 1 hour

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	112.7	114.9	117.6	120.2	121.7	125.8	130.4
Change (%)	-6.24%	-4.41%	-2.16%	-	+1.25%	+4.66%	+8.49%
Change	-7.5	-5.3	-2.6	-	+1.5	+5.6	+10.2
Level	Major	Minor	Intermediate	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	112.1	113.5	115.5	116.9	118.9	120.3	122.3
Camarilla	116.6	116.9	117.2	117.5	117.8	118.1	118.4
Woodie	112.4	113.7	115.8	117.1	119.2	120.5	122.6
Fibonacci	113.5	114.8	115.6	116.9	118.2	119.0	120.3

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.8	104.1	109.0	113.3	118.2	122.5	127.4
Camarilla	111.4	112.2	113.1	113.9	114.7	115.6	116.4
Woodie	100.1	104.3	109.3	113.5	118.5	122.7	127.7
Fibonacci	104.1	107.6	109.8	113.3	116.8	119.0	122.5

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.7	100.6	104.7	108.6	112.7	116.6	120.7
Camarilla	106.5	107.2	108.0	108.7	109.4	110.2	110.9
Woodie	96.7	100.7	104.7	108.7	112.7	116.7	120.7
Fibonacci	100.6	103.7	105.6	108.6	111.7	113.6	116.6

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

Moving averages

RSI (14):	74.30
MACD (12,26,9):	1.2000
Directional Movement:	32.2
AROON (14):	85.7
DEMA (21):	118.9
Parabolic SAR (0,02-0,02-0,2):	116.6
Elder Ray (13):	2.3
Super Trend (3,10):	117.7
Zig ZAG (10):	120.1
VORTEX (21):	1.2000
Stochastique (14,3,5):	95.80
TEMA (21):	119.3
Williams %R (14):	-7.00
Chande Momentum Oscillator (20):	4.8
Repulse (5,40,3):	0.8000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	4.40

MA7:	115.7
MA20:	110.8
MA50:	110.5
MA100:	115.3
MAexp7:	119.0
MAexp20:	117.5
MAexp50:	115.6
MAexp100:	113.5
Price / MA7:	+3.89%
Price / MA20:	+8.48%
Price / MA50:	+8.78%
Price / MA100:	+4.25%
Price / MAexp7:	+1.01%
Price / MAexp20:	+2.30%
Price / MAexp50:	+3.98%
Price / MAexp100:	+5.90%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on ACCIONA. At the time of publication of this analysis, the latest news was as follows:

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

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