ACERINOX
55.55
EUR
(-2.37%)
03/21/2025 - 16:34
Closed 15 min delayed data - Spain Stocks
| Open: | 56.30 |
| Change: | -1.35 |
| Volume: | 44,764 |
| Low: | 55.05 |
| High: | 56.40 |
| High / Low range: | 1.35 |
| Type: | Stocks |
| Ticker: | ACX |
| ISIN: | ES0132105018 |
ACERINOX - 1H - Technical analysis published on 11/16/2023 (GMT)
- 128
- 0
- 11/16/2023 - 09:00
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on 11/16/2023 - 09:00
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 9.799 EUR
My targets
10.260 EUR (+1.74%)
10.786 EUR (+6.95%)
My analysis
ACERINOX 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 9.799 EUR. The next resistance located at 10.260 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 10.786 EUR. After this resistance, buyers could then target 11.403 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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:
Additional analysis
Quotes
ACERINOX rating 10.085 EUR. On the day, this instrument gained +1.07% and was traded between 9.972 EUR and 10.105 EUR over the period. The price is currently at +1.13% from its lowest and -0.20% from its highest.9.972
10.105
10.085
Here is a more detailed summary of the historical variations registered by ACERINOX:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ACERINOX 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
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
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.588 | 9.799 | 10.078 | 10.085 | 10.260 | 10.786 | 11.403 |
| Change (%) | -4.93% | -2.84% | -0.07% | - | +1.74% | +6.95% | +13.07% |
| Change | -0.497 | -0.286 | -0.007 | - | +0.175 | +0.701 | +1.318 |
| Level | Intermediate | Major | Minor | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 9.739 | 9.795 | 9.887 | 9.943 | 10.035 | 10.091 | 10.183 |
| Camarilla | 9.937 | 9.951 | 9.964 | 9.978 | 9.992 | 10.005 | 10.019 |
| Woodie | 9.756 | 9.804 | 9.904 | 9.952 | 10.052 | 10.100 | 10.200 |
| Fibonacci | 9.795 | 9.852 | 9.887 | 9.943 | 10.000 | 10.035 | 10.091 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.243 | 9.405 | 9.511 | 9.673 | 9.779 | 9.941 | 10.047 |
| Camarilla | 9.542 | 9.567 | 9.591 | 9.616 | 9.641 | 9.665 | 9.690 |
| Woodie | 9.214 | 9.391 | 9.482 | 9.659 | 9.750 | 9.927 | 10.018 |
| Fibonacci | 9.405 | 9.508 | 9.571 | 9.673 | 9.776 | 9.839 | 9.941 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.185 | 8.427 | 8.813 | 9.055 | 9.441 | 9.683 | 10.069 |
| Camarilla | 9.025 | 9.083 | 9.140 | 9.198 | 9.256 | 9.313 | 9.371 |
| Woodie | 8.256 | 8.463 | 8.884 | 9.091 | 9.512 | 9.719 | 10.140 |
| Fibonacci | 8.427 | 8.667 | 8.815 | 9.055 | 9.295 | 9.443 | 9.683 |
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): | 81.36 | |
| MACD (12,26,9): | 0.0870 | |
| Directional Movement: | 34.455 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 9.985 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.926 | |
| Elder Ray (13): | 0.112 | |
| Super Trend (3,10): | 9.870 | |
| Zig ZAG (10): | 10.065 | |
| VORTEX (21): | 1.2780 | |
| Stochastique (14,3,5): | 92.87 | |
| TEMA (21): | 10.036 | |
| Williams %R (14): | -9.28 | |
| Chande Momentum Oscillator (20): | 0.256 | |
| Repulse (5,40,3): | 1.2640 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1060 | |
| Courbe Coppock: | 5.23 |
| MA7: | 9.795 | |
| MA20: | 9.392 | |
| MA50: | 9.196 | |
| MA100: | 9.320 | |
| MAexp7: | 9.980 | |
| MAexp20: | 9.879 | |
| MAexp50: | 9.762 | |
| MAexp100: | 9.620 | |
| Price / MA7: | +2.96% | |
| Price / MA20: | +7.38% | |
| Price / MA50: | +9.67% | |
| Price / MA100: | +8.21% | |
| Price / MAexp7: | +1.05% | |
| Price / MAexp20: | +2.09% | |
| Price / MAexp50: | +3.31% | |
| Price / MAexp100: | +4.83% |
Quotes :
11/16/2023 - 08:44
-
15 min delayed data
-
Spain Stocks
News
Don't forget to follow the news on ACERINOX. At the time of publication of this analysis, the latest news was as follows:
-
02/13/2017 - 13:02
Acerinox
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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