INDRA A - 1H - Technical analysis published on 09/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 13.85 EUR
My targets
13.50 EUR (-1.24%)
13.37 EUR (-2.19%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INDRA A as long as the price remains well below 13.85 EUR. The sellers' bearish objective is set at 13.50 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 13.37 EUR. In case of crossing, the next objective would be the support located at 13.14 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INDRA A rating is 13.67 EUR. On the day, this instrument lost -0.07% with the lowest point at 13.64 EUR and the highest point at 13.70 EUR. The deviation from the price is +0.22% for the low point and -0.22% for the high point.13.64
13.70
13.67
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.37 | 13.50 | 13.65 | 13.67 | 13.85 | 14.15 | 14.29 |
| Change (%) | -2.19% | -1.24% | -0.15% | - | +1.32% | +3.51% | +4.54% |
| Change | -0.30 | -0.17 | -0.02 | - | +0.18 | +0.48 | +0.62 |
| Level | Minor | Major | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.39 | 13.52 | 13.60 | 13.73 | 13.81 | 13.94 | 14.02 |
| Camarilla | 13.62 | 13.64 | 13.66 | 13.68 | 13.70 | 13.72 | 13.74 |
| Woodie | 13.37 | 13.51 | 13.58 | 13.72 | 13.79 | 13.93 | 14.00 |
| Fibonacci | 13.52 | 13.60 | 13.65 | 13.73 | 13.81 | 13.86 | 13.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.47 | 13.66 | 13.77 | 13.96 | 14.07 | 14.26 | 14.37 |
| Camarilla | 13.80 | 13.83 | 13.85 | 13.88 | 13.91 | 13.94 | 13.96 |
| Woodie | 13.43 | 13.64 | 13.73 | 13.94 | 14.03 | 14.24 | 14.33 |
| Fibonacci | 13.66 | 13.78 | 13.85 | 13.96 | 14.08 | 14.15 | 14.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.97 | 12.40 | 12.72 | 13.15 | 13.47 | 13.90 | 14.22 |
| Camarilla | 12.84 | 12.91 | 12.98 | 13.05 | 13.12 | 13.19 | 13.26 |
| Woodie | 11.93 | 12.37 | 12.68 | 13.12 | 13.43 | 13.87 | 14.18 |
| Fibonacci | 12.40 | 12.68 | 12.86 | 13.15 | 13.43 | 13.61 | 13.90 |
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): | 34.47 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -19.25 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 13.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.74 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 13.83 | |
| Zig ZAG (10): | 13.67 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 15.21 | |
| TEMA (21): | 13.64 | |
| Williams %R (14): | -81.25 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 2.15 |
| MA7: | 13.90 | |
| MA20: | 13.68 | |
| MA50: | 13.34 | |
| MA100: | 12.39 | |
| MAexp7: | 13.68 | |
| MAexp20: | 13.74 | |
| MAexp50: | 13.84 | |
| MAexp100: | 13.83 | |
| Price / MA7: | -1.65% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | +2.47% | |
| Price / MA100: | +10.33% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.51% | |
| Price / MAexp50: | -1.23% | |
| Price / MAexp100: | -1.16% |
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:
-
Indra Nooyi: 'Women represent an awesome talent pool'
- Novo Integrated Sciences Appoints Dr. Indrajit (Indra) Sinha Ph.D. as Chief Science Officer
- Indra Is About To Take The Plunge In Paris And Revolutionise Transport Payments In The French Capital
- GomSpace has been chosen to develop advanced satellites for global air traffic management by Indra and Enaira's Startical consortium
-
Pepsi CEO Indra Nooyi Eyed As World Bank Head
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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