ACS CONST.
ACS CONST.
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ACS
ISIN: ES0167050915

ACS CONST. - Daily - Technical analysis published on 10/09/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 40.05 EUR
My targets
42.63 EUR (+1.03%)
43.79 EUR (+3.76%)
My analysis
ACS CONST. 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 40.05 EUR. The next resistance located at 42.63 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 43.79 EUR. After this resistance, buyers could then target 45.13 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
0
10
7.9

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:
15 min. 1H Weekly

Additional analysis

Quotes

The ACS CONST. price is 42.20 EUR. The price registered an increase of +0.86% on the session with the lowest point at 41.82 EUR and the highest point at 42.26 EUR. The deviation from the price is +0.91% for the low point and -0.14% for the high point.

41.82
42.26
42.20

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ACS CONST. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 36.10 37.82 40.05 42.20 42.22
Change (%) -14.45% -10.38% -5.09% - +0.05%
Change -6.10 -4.38 -2.15 - +0.02
Level Intermediate Major Major - 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
Standard41.2841.4441.6441.8042.0042.1642.36
Camarilla41.7441.7741.8141.8441.8741.9141.94
Woodie41.3041.4541.6641.8142.0242.1742.38
Fibonacci41.4441.5841.6641.8041.9442.0242.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.3740.7341.3341.6942.2942.6543.25
Camarilla41.6841.7641.8541.9442.0342.1242.20
Woodie40.5040.7941.4641.7542.4242.7143.38
Fibonacci40.7341.0941.3241.6942.0542.2842.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.6338.7940.1341.2942.6343.7945.13
Camarilla40.7941.0241.2541.4841.7141.9442.17
Woodie37.7338.8440.2341.3442.7343.8445.23
Fibonacci38.7939.7440.3341.2942.2442.8343.79

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 61.89
MACD (12,26,9): 0.3400
Directional Movement: 8.96
AROON (14): -42.86
DEMA (21): 42.07
Parabolic SAR (0,02-0,02-0,2): 41.08
Elder Ray (13): 0.29
Super Trend (3,10): 40.54
Zig ZAG (10): 42.18
VORTEX (21): 1.0900
Stochastique (14,3,5): 64.71
TEMA (21): 42.03
Williams %R (14): -19.12
Chande Momentum Oscillator (20): 0.20
Repulse (5,40,3): 1.9300
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 1.85
MA7: 41.75
MA20: 41.67
MA50: 40.68
MA100: 39.84
MAexp7: 41.87
MAexp20: 41.59
MAexp50: 40.86
MAexp100: 39.91
Price / MA7: +1.08%
Price / MA20: +1.27%
Price / MA50: +3.74%
Price / MA100: +5.92%
Price / MAexp7: +0.79%
Price / MAexp20: +1.47%
Price / MAexp50: +3.28%
Price / MAexp100: +5.74%

Quotes : - 15 min delayed data - Spain Stocks

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

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