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 02/23/2023 (GMT)

Londinia

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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

89%

My opinion

Bullish above 11.32 EUR

My targets

12.65 EUR (+6.48%)

14.15 EUR (+19.11%)

My analysis

The bullish trend is currently very strong on INDRA A. As long as the price remains above the support at 11.32 EUR, you could try to benefit from the boom. The first bullish objective is located at 12.65 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.15 EUR as an objective. 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

8.8

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

The INDRA A price is 11.88 EUR. On the day, this instrument gained +1.89% and was traded between 11.72 EUR and 11.88 EUR over the period. The price is currently at +1.37% from its lowest and 0% from its highest.

11.72

11.88

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:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

A technical analysis in Daily of this INDRA A chart shows a strongly 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, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	9.64	10.91	11.32	11.88	12.65	14.15
Change (%)	-18.86%	-8.16%	-4.71%	-	+6.48%	+19.11%
Change	-2.24	-0.97	-0.56	-	+0.77	+2.27
Level	Major	Major	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	11.43	11.49	11.57	11.63	11.71	11.77	11.85
Camarilla	11.62	11.63	11.65	11.66	11.67	11.69	11.70
Woodie	11.45	11.50	11.59	11.64	11.73	11.78	11.87
Fibonacci	11.49	11.54	11.57	11.63	11.68	11.71	11.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.21	11.31	11.47	11.57	11.73	11.83	11.99
Camarilla	11.56	11.58	11.61	11.63	11.65	11.68	11.70
Woodie	11.24	11.33	11.50	11.59	11.76	11.85	12.02
Fibonacci	11.31	11.41	11.47	11.57	11.67	11.73	11.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.83	10.17	10.69	11.03	11.55	11.89	12.41
Camarilla	10.96	11.04	11.12	11.20	11.28	11.36	11.44
Woodie	9.91	10.22	10.77	11.08	11.63	11.94	12.49
Fibonacci	10.17	10.50	10.71	11.03	11.36	11.57	11.89

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):	72.95
MACD (12,26,9):	0.2000
Directional Movement:	22.68
AROON (14):	85.71
DEMA (21):	11.74
Parabolic SAR (0,02-0,02-0,2):	11.45
Elder Ray (13):	0.23
Super Trend (3,10):	11.25
Zig ZAG (10):	11.87
VORTEX (21):	1.0900
Stochastique (14,3,5):	80.87
TEMA (21):	11.74
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.56
Repulse (5,40,3):	2.1600
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	5.31

MA7:	11.65
MA20:	11.47
MA50:	11.06
MA100:	10.17
MAexp7:	11.67
MAexp20:	11.47
MAexp50:	11.03
MAexp100:	10.44
Price / MA7:	+1.97%
Price / MA20:	+3.57%
Price / MA50:	+7.41%
Price / MA100:	+16.81%
Price / MAexp7:	+1.80%
Price / MAexp20:	+3.57%
Price / MAexp50:	+7.71%
Price / MAexp100:	+13.79%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on INDRA A. At the time of publication of this analysis, the latest news was as follows:

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

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