ACCIONA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ANA
ISIN:	ES0125220311

ACCIONA - Daily - Technical analysis published on 07/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 105.50 EUR

My targets

120.90 EUR (+8.92%)

126.30 EUR (+13.78%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ACCIONA as long as the price remains well above 105.50 EUR. The buyers' bullish objective is set at 120.90 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 126.30 EUR. If there is any crossing, the next objective would be the resistance located at 129.50 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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

4.6

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 111.00 EUR. On the day, this instrument gained +1.84% and was traded between 108.70 EUR and 111.40 EUR over the period. The price is currently at +2.12% from its lowest and -0.36% from its highest.

108.70

111.40

111.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ACCIONA indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	100.40	105.50	110.60	111.00	120.90	126.30	129.50
Change (%)	-9.55%	-4.95%	-0.36%	-	+8.92%	+13.78%	+16.67%
Change	-10.60	-5.50	-0.40	-	+9.90	+15.30	+18.50
Level	Minor	Major	Major	-	Intermediate	Minor	Major

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	104.23	105.67	107.33	108.77	110.43	111.87	113.53
Camarilla	108.15	108.43	108.72	109.00	109.28	109.57	109.85
Woodie	104.35	105.73	107.45	108.83	110.55	111.93	113.65
Fibonacci	105.67	106.85	107.58	108.77	109.95	110.68	111.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.40	102.60	105.80	108.00	111.20	113.40	116.60
Camarilla	107.52	108.01	108.51	109.00	109.50	109.99	110.49
Woodie	100.90	102.85	106.30	108.25	111.70	113.65	117.10
Fibonacci	102.60	104.66	105.94	108.00	110.06	111.34	113.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	90.79	98.06	101.79	109.06	112.79	120.06	123.79
Camarilla	102.50	103.50	104.51	105.52	106.53	107.54	108.55
Woodie	89.02	97.18	100.02	108.18	111.02	119.18	122.02
Fibonacci	98.06	102.26	104.86	109.06	113.26	115.86	120.06

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):	52.92
MACD (12,26,9):	-0.8500
Directional Movement:	3.08
AROON (14):	-35.72
DEMA (21):	108.02
Parabolic SAR (0,02-0,02-0,2):	104.80
Elder Ray (13):	1.30
Super Trend (3,10):	115.45
Zig ZAG (10):	111.10
VORTEX (21):	0.8900
Stochastique (14,3,5):	71.15
TEMA (21):	107.47
Williams %R (14):	-7.89
Chande Momentum Oscillator (20):	2.43
Repulse (5,40,3):	3.8600
ROCnROLL:	1
TRIX (15,9):	-0.1700
Courbe Coppock:	1.91

MA7:	107.92
MA20:	108.75
MA50:	111.76
MA100:	108.06
MAexp7:	108.83
MAexp20:	109.22
MAexp50:	109.99
MAexp100:	110.68
Price / MA7:	+2.85%
Price / MA20:	+2.07%
Price / MA50:	-0.68%
Price / MA100:	+2.72%
Price / MAexp7:	+1.99%
Price / MAexp20:	+1.63%
Price / MAexp50:	+0.92%
Price / MAexp100:	+0.29%

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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