ACS CONST. - Daily - Technical analysis published on 08/26/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 23.34 EUR
My targets
22.11 EUR (-2.51%)
21.37 EUR (-5.78%)
My analysis
The basic trend is currently slightly bearish on ACS CONST. and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 23.34 EUR, sales could be favoured. The first bearish objective would be located at 22.11 EUR. Sellers would then use the next support located at 21.37 EUR as an objective. Crossing it would then enable sellers to target 20.74 EUR. A return to above the resistance at 23.34 EUR could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
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
0
10
3.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ACS CONST. rating 22.68 EUR. The price registered a decrease of -0.04% on the session and was between 22.68 EUR and 23.00 EUR. This implies that the price is at 0% from its lowest and at -1.39% from its highest.22.68
23.00
22.68
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ACS CONST. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.37 | 22.11 | 22.56 | 22.68 | 23.34 | 24.50 | 24.99 |
| Change (%) | -5.78% | -2.51% | -0.53% | - | +2.91% | +8.02% | +10.19% |
| Change | -1.31 | -0.57 | -0.12 | - | +0.66 | +1.82 | +2.31 |
| Level | Minor | Minor | 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 | 22.17 | 22.43 | 22.56 | 22.82 | 22.95 | 23.21 | 23.34 |
| Camarilla | 22.58 | 22.62 | 22.65 | 22.69 | 22.73 | 22.76 | 22.80 |
| Woodie | 22.11 | 22.40 | 22.50 | 22.79 | 22.89 | 23.18 | 23.28 |
| Fibonacci | 22.43 | 22.58 | 22.67 | 22.82 | 22.97 | 23.06 | 23.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.83 | 23.29 | 23.59 | 24.05 | 24.35 | 24.81 | 25.11 |
| Camarilla | 23.67 | 23.74 | 23.81 | 23.88 | 23.95 | 24.02 | 24.09 |
| Woodie | 22.74 | 23.25 | 23.50 | 24.01 | 24.26 | 24.77 | 25.02 |
| Fibonacci | 23.29 | 23.58 | 23.76 | 24.05 | 24.34 | 24.52 | 24.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.59 | 19.61 | 21.49 | 22.51 | 24.39 | 25.41 | 27.29 |
| Camarilla | 22.56 | 22.83 | 23.09 | 23.36 | 23.63 | 23.89 | 24.16 |
| Woodie | 19.01 | 19.83 | 21.91 | 22.73 | 24.81 | 25.63 | 27.71 |
| Fibonacci | 19.61 | 20.72 | 21.41 | 22.51 | 23.62 | 24.31 | 25.41 |
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): | 42.76 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | -3.64 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 23.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.05 | |
| Elder Ray (13): | -0.42 | |
| Super Trend (3,10): | 24.12 | |
| Zig ZAG (10): | 22.70 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 4.68 | |
| TEMA (21): | 23.35 | |
| Williams %R (14): | -98.38 | |
| Chande Momentum Oscillator (20): | -1.28 | |
| Repulse (5,40,3): | -3.4300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 1.35 |
| MA7: | 23.19 | |
| MA20: | 23.49 | |
| MA50: | 22.54 | |
| MA100: | 22.98 | |
| MAexp7: | 23.10 | |
| MAexp20: | 23.24 | |
| MAexp50: | 22.98 | |
| MAexp100: | 22.75 | |
| Price / MA7: | -2.20% | |
| Price / MA20: | -3.45% | |
| Price / MA50: | +0.62% | |
| Price / MA100: | -1.31% | |
| Price / MAexp7: | -1.82% | |
| Price / MAexp20: | -2.41% | |
| Price / MAexp50: | -1.31% | |
| Price / MAexp100: | -0.31% |
Quotes :
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15 min delayed data
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Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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