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 08/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 118.3 EUR

My targets

123.3 EUR (+1.57%)

126.3 EUR (+4.04%)

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 118.3 EUR. The next resistance located at 123.3 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 126.3 EUR. After this resistance, buyers could then target 129.5 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

9.1

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 price is 121.4 EUR. The price has increased by +2.10% since the last closing with the lowest point at 118.8 EUR and the highest point at 121.4 EUR. The deviation from the price is +2.19% for the low point and 0% for the high point.

118.8

121.4

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ACCIONA chart shows a strongly 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, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

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

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	115.6	118.3	120.8	121.4	123.3	126.3	129.5
Change (%)	-4.78%	-2.55%	-0.49%	-	+1.57%	+4.04%	+6.67%
Change	-5.8	-3.1	-0.6	-	+1.9	+4.9	+8.1
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Major

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	117.4	117.8	118.3	118.7	119.2	119.6	120.1
Camarilla	118.7	118.7	118.8	118.9	119.0	119.1	119.2
Woodie	117.6	117.8	118.5	118.7	119.4	119.6	120.3
Fibonacci	117.8	118.1	118.3	118.7	119.0	119.2	119.6

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.3	114.4	116.7	117.8	120.1	121.2	123.5
Camarilla	118.0	118.3	118.6	118.9	119.2	119.5	119.8
Woodie	113.8	114.7	117.2	118.1	120.6	121.5	124.0
Fibonacci	114.4	115.7	116.5	117.8	119.1	119.9	121.2

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.9	97.4	108.4	115.9	126.9	134.4	145.4
Camarilla	114.4	116.1	117.8	119.5	121.2	122.9	124.6
Woodie	91.8	98.3	110.3	116.8	128.8	135.3	147.3
Fibonacci	97.4	104.4	108.8	115.9	122.9	127.3	134.4

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):	76.40
MACD (12,26,9):	0.8000
Directional Movement:	36.7
AROON (14):	100.0
DEMA (21):	120.0
Parabolic SAR (0,02-0,02-0,2):	118.6
Elder Ray (13):	1.4
Super Trend (3,10):	119.2
Zig ZAG (10):	121.1
VORTEX (21):	1.2000
Stochastique (14,3,5):	97.90
TEMA (21):	120.4
Williams %R (14):	-3.20
Chande Momentum Oscillator (20):	2.2
Repulse (5,40,3):	1.2000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	3.40

MA7:	117.9
MA20:	116.9
MA50:	112.8
MA100:	111.3
MAexp7:	120.1
MAexp20:	119.0
MAexp50:	118.1
MAexp100:	117.4
Price / MA7:	+2.97%
Price / MA20:	+3.85%
Price / MA50:	+7.62%
Price / MA100:	+9.07%
Price / MAexp7:	+1.08%
Price / MAexp20:	+2.02%
Price / MAexp50:	+2.79%
Price / MAexp100:	+3.41%

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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