IBA - 1H - Technical analysis published on 12/15/2023 (GMT)
- 174
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- 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 10.80 EUR
My targets
11.16 EUR (+1.45%)
11.26 EUR (+2.36%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBA as long as the price remains well above 10.80 EUR. The buyers' bullish objective is set at 11.16 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.26 EUR. If there is any crossing, the next objective would be the resistance located at 11.78 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
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
The IBA price is 11.00 EUR. On the day, this instrument gained +2.04% with the lowest point at 10.88 EUR and the highest point at 11.06 EUR. The deviation from the price is +1.10% for the low point and -0.54% for the high point.10.88
11.06
11.00
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBA indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.22 | 10.38 | 10.80 | 11.00 | 11.00 | 11.16 | 11.26 |
| Change (%) | -7.09% | -5.64% | -1.82% | 0% | - | +1.45% | +2.36% |
| Change | -0.78 | -0.62 | -0.20 | 0 | - | +0.16 | +0.26 |
| Level | Minor | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 10.18 | 10.34 | 10.56 | 10.72 | 10.94 | 11.10 | 11.32 |
| Camarilla | 10.68 | 10.71 | 10.75 | 10.78 | 10.82 | 10.85 | 10.89 |
| Woodie | 10.21 | 10.36 | 10.59 | 10.74 | 10.97 | 11.12 | 11.35 |
| Fibonacci | 10.34 | 10.49 | 10.58 | 10.72 | 10.87 | 10.96 | 11.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.38 | 9.66 | 10.18 | 10.46 | 10.98 | 11.26 | 11.78 |
| Camarilla | 10.48 | 10.55 | 10.63 | 10.70 | 10.77 | 10.85 | 10.92 |
| Woodie | 9.50 | 9.72 | 10.30 | 10.52 | 11.10 | 11.32 | 11.90 |
| Fibonacci | 9.66 | 9.97 | 10.15 | 10.46 | 10.77 | 10.95 | 11.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.48 | 8.31 | 9.61 | 10.44 | 11.74 | 12.57 | 13.87 |
| Camarilla | 10.33 | 10.53 | 10.73 | 10.92 | 11.12 | 11.31 | 11.51 |
| Woodie | 7.73 | 8.43 | 9.86 | 10.56 | 11.99 | 12.69 | 14.12 |
| Fibonacci | 8.31 | 9.12 | 9.62 | 10.44 | 11.25 | 11.75 | 12.57 |
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): | 72.68 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 29.91 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 10.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.59 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 10.68 | |
| Zig ZAG (10): | 11.00 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 88.34 | |
| TEMA (21): | 10.96 | |
| Williams %R (14): | -10.71 | |
| Chande Momentum Oscillator (20): | 0.44 | |
| Repulse (5,40,3): | 0.6500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 6.99 |
| MA7: | 10.59 | |
| MA20: | 10.75 | |
| MA50: | 9.93 | |
| MA100: | 10.73 | |
| MAexp7: | 10.90 | |
| MAexp20: | 10.74 | |
| MAexp50: | 10.63 | |
| MAexp100: | 10.60 | |
| Price / MA7: | +3.87% | |
| Price / MA20: | +2.33% | |
| Price / MA50: | +10.78% | |
| Price / MA100: | +2.52% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +3.48% | |
| Price / MAexp100: | +3.77% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on IBA. At the time of publication of this analysis, the latest news was as follows:
- IBA, CMI and Life Molecular Imaging announce Japanese approval for the reimbursement of amyloid-PET diagnostic Neuraceq® in Alzheimer's disease
- IBA pioneers theranostic advancements, empowering the market to produce Astatine-211
- Iba – Transparency Notification
- IBA plans total system restoration on its first-ever proton therapy installation
- IBA finalizes contract with Medtechnica Ltd for two Proteus®ONE proton therapy solutions at the Tel Aviv Sourasky Medical Center in Israel
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis IBA - 1H