IBEX X3

INDM

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDM
ISIN:	ES0SI0000104

IBEX X3 - 1H - Technical analysis published on 10/10/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

72%

28%

My opinion

Bullish above 515.3667 EUR

My targets

526.7000 EUR (+0.61%)

542.0000 EUR (+3.53%)

My analysis

The strong short-term increase for IBEX X3 reinforces the current slightly bullish trend. As long as the price remains above 515.3667 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 526.7000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 542.0000 EUR as an objective. Crossing it would then enable buyers to target 556.8300 EUR. A return to 515.3667 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.8

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

IBEX X3 rating 523.5000 EUR. The price registered an increase of +5.89% on the session and was between 505.5000 EUR and 523.8000 EUR. This implies that the price is at +3.56% from its lowest and at -0.06% from its highest.

505.5000

523.8000

523.5000

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by IBEX X3:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of IBEX X3 in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	456.7800	483.1000	500.0000	523.5000	526.7000	542.0000	556.8300
Change (%)	-12.74%	-7.72%	-4.49%	-	+0.61%	+3.53%	+6.37%
Change	-66.7200	-40.4000	-23.5000	-	+3.2000	+18.5000	+33.3300
Level	Major	Intermediate	Minor	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	467.8333	477.8667	486.1333	496.1667	504.4333	514.4667	522.7333
Camarilla	489.3675	491.0450	492.7225	494.4000	496.0775	497.7550	499.4325
Woodie	466.9500	477.4250	485.2500	495.7250	503.5500	514.0250	521.8500
Fibonacci	477.8667	484.8573	489.1761	496.1667	503.1573	507.4761	514.4667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	405.8333	444.5667	476.6333	515.3667	547.4333	586.1667	618.2333
Camarilla	489.2300	495.7200	502.2100	508.7000	515.1900	521.6800	528.1700
Woodie	402.5000	442.9000	473.3000	513.7000	544.1000	584.5000	614.9000
Fibonacci	444.5667	471.6123	488.3211	515.3667	542.4123	559.1211	586.1667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	435.2667	474.8333	508.8667	548.4333	582.4667	622.0333	656.0667
Camarilla	522.6600	529.4067	536.1533	542.9000	549.6467	556.3933	563.1400
Woodie	432.5000	473.4500	506.1000	547.0500	579.7000	620.6500	653.3000
Fibonacci	474.8333	502.9485	520.3181	548.4333	576.5485	593.9181	622.0333

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.39
MACD (12,26,9):	5.1890
Directional Movement:	16.3901
AROON (14):	64.2857
DEMA (21):	514.0512
Parabolic SAR (0,02-0,02-0,2):	499.1408
Elder Ray (13):	9.8861
Super Trend (3,10):	503.6939
Zig ZAG (10):	523.3000
VORTEX (21):	0.9840
Stochastique (14,3,5):	96.08
TEMA (21):	521.0062
Williams %R (14):	-1.13
Chande Momentum Oscillator (20):	25.9000
Repulse (5,40,3):	1.1890
ROCnROLL:	1
TRIX (15,9):	0.0681
Courbe Coppock:	6.72

MA7:	504.2571
MA20:	535.7200
MA50:	539.2140
MA100:	547.4280
MAexp7:	516.7516
MAexp20:	508.7355
MAexp50:	508.8417
MAexp100:	517.9923
Price / MA7:	+3.82%
Price / MA20:	-2.28%
Price / MA50:	-2.91%
Price / MA100:	-4.37%
Price / MAexp7:	+1.31%
Price / MAexp20:	+2.90%
Price / MAexp50:	+2.88%
Price / MAexp100:	+1.06%

Quotes : - 15 min delayed data - Spain Indices

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

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