INDRA A
INDRA A
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: IDR
ISIN: ES0118594417

INDRA A - Daily - Technical analysis published on 12/15/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 9.641 EUR
My targets
10.913 EUR (+5.75%)
12.649 EUR (+22.57%)
My analysis
The bullish trend is currently very strong on INDRA A. As long as the price remains above the support at 9.641 EUR, you could try to benefit from the boom. The first bullish objective is located at 10.913 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.649 EUR as an objective. Crossing it would then enable buyers to target 14.149 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating 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
0
10
7.3

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:
15 min. 1H Weekly

Additional analysis

Quotes

The INDRA A rating is 10.320 EUR. On the day, this instrument gained +0.39% and was between 10.220 EUR and 10.400 EUR. This implies that the price is at +0.98% from its lowest and at -0.77% from its highest.

10.220
10.400
10.320

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of INDRA A in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.449 8.911 9.641 10.320 10.344 10.913 12.649
Change (%) -18.13% -13.65% -6.58% - +0.23% +5.75% +22.57%
Change -1.871 -1.409 -0.679 - +0.024 +0.593 +2.329
Level Intermediate Minor Major - Major Major 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
Standard10.08710.13310.20710.25310.32710.37310.447
Camarilla10.24710.25810.26910.28010.29110.30210.313
Woodie10.10010.14010.22010.26010.34010.38010.460
Fibonacci10.13310.17910.20810.25310.29910.32810.373


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.3879.6739.97710.26310.56710.85311.157
Camarilla10.11810.17210.22610.28010.33410.38810.442
Woodie9.3959.6789.98510.26810.57510.85811.165
Fibonacci9.6739.89910.03810.26310.48910.62810.853


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.9708.4659.1309.62510.29010.78511.450
Camarilla9.4769.5829.6899.7959.90110.00810.114
Woodie8.0558.5089.2159.66810.37510.82811.535
Fibonacci8.4658.9089.1829.62510.06810.34210.785

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): 62.86
MACD (12,26,9): 0.2730
Directional Movement: 21.019
AROON (14): 14.285
DEMA (21): 10.432
Parabolic SAR (0,02-0,02-0,2): 10.074
Elder Ray (13): 0.133
Super Trend (3,10): 9.586
Zig ZAG (10): 10.310
VORTEX (21): 1.1740
Stochastique (14,3,5): 58.38
TEMA (21): 10.407
Williams %R (14): -44.44
Chande Momentum Oscillator (20): 0.325
Repulse (5,40,3): 1.1320
ROCnROLL: 1
TRIX (15,9): 0.4730
Courbe Coppock: 9.44
MA7: 10.274
MA20: 10.082
MA50: 9.327
MA100: 8.749
MAexp7: 10.257
MAexp20: 10.046
MAexp50: 9.519
MAexp100: 9.187
Price / MA7: +0.45%
Price / MA20: +2.36%
Price / MA50: +10.65%
Price / MA100: +17.96%
Price / MAexp7: +0.61%
Price / MAexp20: +2.73%
Price / MAexp50: +8.41%
Price / MAexp100: +12.33%

Quotes : - 15 min delayed data - Spain Stocks

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

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