AEX-index (AEX.AS)

Close: 610.94 (-0.47), Dec 2, 2020
Positive

Low risk

Automatic technical analysis. Medium term, Dec 2, 2020

An approximate horizontal trend channel in the medium long term is broken up. Continued strong development is indicated, and the index now meets support on possible reactions down towards the trend lines. The price has risen strongly since the positive signal from rectangle formation at the break through the resistance at 570. The objective at 607 is now met, but the formation still gives a signal in the same direction. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 580 points. The short term momentum of the index is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for AEX-index. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 97)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.98%0.00-0.08%
5 days0.003.30%0.00+0.75%
22 days0.009.32%0.00+12.32%
66 days0.0019.92%0.00+10.63%

More analyses of AEX-index

chart AEX-index (AEX) Candlesticks 22 Days
Candlesticks
chart AEX-index (AEX) Short term
Short term: Positive
chart AEX-index (AEX) Medium term
Medium term: Positive
chart AEX-index (AEX) Long term
Long term: Hold
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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