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 11/29/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 635.2333 EUR

My targets

670.9333 EUR (+3.06%)

690.3800 EUR (+6.05%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEX X3 as long as the price remains well above 635.2333 EUR. The buyers' bullish objective is set at 670.9333 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 690.3800 EUR. If there is any crossing, the next objective would be the resistance located at 1,313.5000 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.9

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 651.0000 EUR. The price registered an increase of +2.73% on the session and was between 638.1000 EUR and 651.4000 EUR. This implies that the price is at +2.02% from its lowest and at -0.06% from its highest.

638.1000

651.4000

651.0000

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

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:

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of IBEX X3 in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

RSI indicator is overbought : over 70

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

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	584.0000	605.1933	618.2667	651.0000	690.3800	1,313.5000	2,052.8335
Change (%)	-10.29%	-7.04%	-5.03%	-	+6.05%	+101.77%	+215.34%
Change	-67.0000	-45.8067	-32.7333	-	+39.3800	+662.5000	+1,401.8335
Level	Major	Major	Intermediate	-	Minor	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	604.7000	611.3000	622.5000	629.1000	640.3000	646.9000	658.1000
Camarilla	628.8050	630.4367	632.0683	633.7000	635.3317	636.9633	638.5950
Woodie	607.0000	612.4500	624.8000	630.2500	642.6000	648.0500	660.4000
Fibonacci	611.3000	618.0996	622.3004	629.1000	635.8996	640.1004	646.9000

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	563.8333	576.8667	599.5333	612.5667	635.2333	648.2667	670.9333
Camarilla	612.3825	615.6550	618.9275	622.2000	625.4725	628.7450	632.0175
Woodie	568.6500	579.2750	604.3500	614.9750	640.0500	650.6750	675.7500
Fibonacci	576.8667	590.5041	598.9293	612.5667	626.2041	634.6293	648.2667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	321.0333	384.6667	426.8333	490.4667	532.6333	596.2667	638.4333
Camarilla	439.9050	449.6033	459.3017	469.0000	478.6983	488.3967	498.0950
Woodie	310.3000	379.3000	416.1000	485.1000	521.9000	590.9000	627.7000
Fibonacci	384.6667	425.0823	450.0511	490.4667	530.8823	555.8511	596.2667

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):	77.60
MACD (12,26,9):	7.5248
Directional Movement:	28.1198
AROON (14):	100.0000
DEMA (21):	645.9872
Parabolic SAR (0,02-0,02-0,2):	634.1423
Elder Ray (13):	8.4201
Super Trend (3,10):	637.0167
Zig ZAG (10):	649.2000
VORTEX (21):	1.2113
Stochastique (14,3,5):	97.05
TEMA (21):	648.5494
Williams %R (14):	-3.50
Chande Momentum Oscillator (20):	23.5000
Repulse (5,40,3):	0.7214
ROCnROLL:	1
TRIX (15,9):	0.1334
Courbe Coppock:	6.68

MA7:	622.5286
MA20:	569.5900
MA50:	530.2600
MA100:	541.9460
MAexp7:	645.2675
MAexp20:	636.7296
MAexp50:	624.0835
MAexp100:	602.8894
Price / MA7:	+4.57%
Price / MA20:	+14.29%
Price / MA50:	+22.77%
Price / MA100:	+20.12%
Price / MAexp7:	+0.89%
Price / MAexp20:	+2.24%
Price / MAexp50:	+4.31%
Price / MAexp100:	+7.98%

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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