ACCOR

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AC
ISIN:	FR0000120404

ACCOR - 1H - Technical analysis published on 08/08/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

28%

17%

56%

My opinion

Bearish under 33.26 EUR

My targets

31.66 EUR (-4.32%)

31.32 EUR (-5.35%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ACCOR. As long as you are under the resistance located at 33.26 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 31.66 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 31.32 EUR as an objective. Crossing it would then enable sellers to target 29.79 EUR. If the resistance 33.26 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

2.9

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 ACCOR price is 33.09 EUR. The price is lower by -0.06% since the last closing and was between 32.75 EUR and 33.26 EUR. This implies that the price is at +1.04% from its lowest and at -0.51% from its highest.

32.75

33.26

33.09

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 ACCOR:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ACCOR chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	28.70	29.79	31.32	33.09	33.26	35.91	37.03
Change (%)	-13.27%	-9.97%	-5.35%	-	+0.51%	+8.52%	+11.91%
Change	-4.39	-3.30	-1.77	-	+0.17	+2.82	+3.94
Level	Intermediate	Minor	Intermediate	-	Major	Intermediate	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	32.22	32.48	32.80	33.06	33.38	33.64	33.96
Camarilla	32.95	33.00	33.06	33.11	33.16	33.22	33.27
Woodie	32.24	32.50	32.82	33.08	33.40	33.66	33.98
Fibonacci	32.48	32.71	32.84	33.06	33.29	33.42	33.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.88	30.27	31.66	34.05	35.44	37.83	39.22
Camarilla	32.01	32.36	32.70	33.05	33.40	33.74	34.09
Woodie	27.38	30.02	31.16	33.80	34.94	37.58	38.72
Fibonacci	30.27	31.71	32.61	34.05	35.49	36.39	37.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.38	32.34	33.96	36.92	38.54	41.50	43.12
Camarilla	34.31	34.73	35.15	35.57	35.99	36.41	36.83
Woodie	28.70	32.01	33.28	36.59	37.86	41.17	42.44
Fibonacci	32.34	34.09	35.17	36.92	38.67	39.75	41.50

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):	47.24
MACD (12,26,9):	-0.0300
Directional Movement:	-0.66
AROON (14):	14.29
DEMA (21):	32.94
Parabolic SAR (0,02-0,02-0,2):	33.30
Elder Ray (13):	-0.03
Super Trend (3,10):	32.43
Zig ZAG (10):	33.03
VORTEX (21):	1.0700
Stochastique (14,3,5):	59.75
TEMA (21):	33.21
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	0.04
Repulse (5,40,3):	0.3400
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	1.49

MA7:	33.54
MA20:	36.24
MA50:	37.71
MA100:	38.93
MAexp7:	33.06
MAexp20:	33.03
MAexp50:	33.51
MAexp100:	34.55
Price / MA7:	-1.34%
Price / MA20:	-8.69%
Price / MA50:	-12.25%
Price / MA100:	-15.00%
Price / MAexp7:	+0.09%
Price / MAexp20:	+0.18%
Price / MAexp50:	-1.25%
Price / MAexp100:	-4.23%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on ACCOR at the time of the analysis were as follows:

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

About author

Londinia AI

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