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 - 1H - Technical analysis published on 04/03/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
33%
50%
17%
My opinion
Bearish under 19.35 EUR
My targets
18.28 EUR (-2.97%)
17.90 EUR (-4.99%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for INDRA A as long as the price remains well below 19.35 EUR. The next bearish objective for sellers is set at 18.28 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.90 EUR. In case of crossing, the next objective would be the support located at 17.50 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 18.28 EUR. With this support, against the trend traders who want to buy INDRA A on a buy signal from their trading strategy should not hesitate to act.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The INDRA A rating is 18.84 EUR. The price is lower by -0.58% since the last closing with the lowest point at 18.65 EUR and the highest point at 18.94 EUR. The deviation from the price is +1.02% for the low point and -0.53% for the high point.

18.65
18.94
18.84

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

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:

Central Records

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


A technical analysis in 1H of this INDRA A chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.90 18.28 18.75 18.84 18.92 19.35 19.52
Change (%) -4.99% -2.97% -0.48% - +0.42% +2.71% +3.61%
Change -0.94 -0.56 -0.09 - +0.08 +0.51 +0.68
Level Minor Major Intermediate - Intermediate Minor Major



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
Standard18.0218.4418.6919.1119.3619.7820.03
Camarilla18.7718.8318.8918.9519.0119.0719.13
Woodie17.9518.4018.6219.0719.2919.7419.96
Fibonacci18.4418.6918.8519.1119.3619.5219.78


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.7718.1218.6619.0119.5519.9020.44
Camarilla18.9719.0519.1319.2119.2919.3719.46
Woodie17.8818.1718.7719.0619.6619.9520.55
Fibonacci18.1218.4618.6719.0119.3519.5619.90


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.1116.7818.0018.6719.8920.5621.78
Camarilla18.6918.8619.0419.2119.3819.5619.73
Woodie16.3816.9218.2718.8120.1620.7022.05
Fibonacci16.7817.5117.9518.6719.4019.8420.56

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): 43.29
MACD (12,26,9): -0.0600
Directional Movement: -2.96
AROON (14): -85.71
DEMA (21): 18.88
Parabolic SAR (0,02-0,02-0,2): 18.96
Elder Ray (13): -0.07
Super Trend (3,10): 19.08
Zig ZAG (10): 18.80
VORTEX (21): 0.8800
Stochastique (14,3,5): 18.42
TEMA (21): 18.77
Williams %R (14): -76.92
Chande Momentum Oscillator (20): -0.18
Repulse (5,40,3): 0.3200
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 4.47
MA7: 18.80
MA20: 18.48
MA50: 17.14
MA100: 15.71
MAexp7: 18.83
MAexp20: 18.93
MAexp50: 18.89
MAexp100: 18.71
Price / MA7: +0.21%
Price / MA20: +1.95%
Price / MA50: +9.92%
Price / MA100: +19.92%
Price / MAexp7: +0.05%
Price / MAexp20: -0.48%
Price / MAexp50: -0.26%
Price / MAexp100: +0.69%

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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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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