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 12/13/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 121.4 EUR

My targets

110.0 EUR (-4.35%)

105.5 EUR (-8.26%)

My analysis

The bearish trend is currently very strong for ACCIONA. As long as the price remains below the resistance at 121.4 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 110.0 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 105.5 EUR as an objective. Crossing it would then enable sellers to target 100.4 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.3

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

ACCIONA rating 115.0 EUR. On the day, this instrument gained +0.88% with the lowest point at 113.8 EUR and the highest point at 115.1 EUR. The deviation from the price is +1.05% for the low point and -0.09% for the high point.

113.8

115.1

115.0

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ACCIONA chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	100.4	105.5	110.0	115.0	115.8	121.4	129.5
Change (%)	-12.70%	-8.26%	-4.35%	-	+0.70%	+5.57%	+12.61%
Change	-14.6	-9.5	-5.0	-	+0.8	+6.4	+14.5
Level	Minor	Intermediate	Major	-	Minor	Major	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
Standard	110.7	112.1	113.1	114.5	115.5	116.9	117.9
Camarilla	113.3	113.6	113.8	114.0	114.2	114.4	114.7
Woodie	110.4	112.0	112.8	114.4	115.2	116.8	117.6
Fibonacci	112.1	113.1	113.6	114.5	115.5	116.0	116.9

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	110.3	113.4	115.9	119.0	121.5	124.6	127.1
Camarilla	116.8	117.3	117.8	118.3	118.8	119.3	119.8
Woodie	109.9	113.3	115.5	118.9	121.1	124.5	126.7
Fibonacci	113.4	115.6	116.9	119.0	121.2	122.5	124.6

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	98.1	103.6	111.9	117.4	125.7	131.2	139.5
Camarilla	116.5	117.8	119.0	120.3	121.6	122.8	124.1
Woodie	99.6	104.3	113.4	118.1	127.2	131.9	141.0
Fibonacci	103.6	108.8	112.1	117.4	122.6	125.9	131.2

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):	42.60
MACD (12,26,9):	-0.6000
Directional Movement:	-7.1
AROON (14):	-57.2
DEMA (21):	116.6
Parabolic SAR (0,02-0,02-0,2):	121.7
Elder Ray (13):	-2.6
Super Trend (3,10):	113.2
Zig ZAG (10):	114.9
VORTEX (21):	1.1000
Stochastique (14,3,5):	6.60
TEMA (21):	116.7
Williams %R (14):	-83.70
Chande Momentum Oscillator (20):	-5.4
Repulse (5,40,3):	-1.9000
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	1.70

MA7:	116.8
MA20:	117.8
MA50:	118.4
MA100:	120.6
MAexp7:	116.4
MAexp20:	117.3
MAexp50:	118.3
MAexp100:	118.4
Price / MA7:	-1.54%
Price / MA20:	-2.38%
Price / MA50:	-2.87%
Price / MA100:	-4.64%
Price / MAexp7:	-1.20%
Price / MAexp20:	-1.96%
Price / MAexp50:	-2.79%
Price / MAexp100:	-2.87%

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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