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 11/18/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 8.653 EUR

My targets

9.433 EUR (+0.78%)

10.102 EUR (+7.93%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INDRA A as long as the price remains well above 8.653 EUR. The buyers” bullish objective is set at 9.433 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.102 EUR. If there is any crossing, the next objective would be the resistance located at 10.500 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

7.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

INDRA A rating 9.360 EUR. The price registered a decrease of -1.78% on the session and was traded between 9.355 EUR and 9.615 EUR over the period. The price is currently at +0.05% from its lowest and -2.65% from its highest.

9.355

9.615

9.360

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

Bullish opening

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 an item:

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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.310	7.608	8.653	9.360	9.433	10.102	10.500
Change (%)	-21.90%	-18.72%	-7.55%	-	+0.78%	+7.93%	+12.18%
Change	-2.050	-1.752	-0.707	-	+0.073	+0.742	+1.140
Level	Minor	Major	Intermediate	-	Major	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	9.120	9.240	9.385	9.505	9.650	9.770	9.915
Camarilla	9.457	9.481	9.506	9.530	9.554	9.579	9.603
Woodie	9.133	9.246	9.398	9.511	9.663	9.776	9.928
Fibonacci	9.240	9.341	9.404	9.505	9.606	9.669	9.770

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.798	9.047	9.288	9.537	9.778	10.027	10.268
Camarilla	9.395	9.440	9.485	9.530	9.575	9.620	9.665
Woodie	8.795	9.045	9.285	9.535	9.775	10.025	10.265
Fibonacci	9.047	9.234	9.350	9.537	9.724	9.840	10.027

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.148	6.697	7.678	8.227	9.208	9.757	10.738
Camarilla	8.239	8.380	8.520	8.660	8.800	8.941	9.081
Woodie	6.365	6.805	7.895	8.335	9.425	9.865	10.955
Fibonacci	6.697	7.281	7.642	8.227	8.811	9.172	9.757

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):	64.78
MACD (12,26,9):	0.3570
Directional Movement:	18.705
AROON (14):	64.286
DEMA (21):	9.531
Parabolic SAR (0,02-0,02-0,2):	9.785
Elder Ray (13):	0.223
Super Trend (3,10):	8.991
Zig ZAG (10):	9.380
VORTEX (21):	1.1510
Stochastique (14,3,5):	75.67
TEMA (21):	9.666
Williams %R (14):	-29.89
Chande Momentum Oscillator (20):	0.720
Repulse (5,40,3):	-2.0860
ROCnROLL:	1
TRIX (15,9):	0.5870
Courbe Coppock:	22.57

MA7:	9.531
MA20:	8.986
MA50:	8.427
MA100:	8.113
MAexp7:	9.425
MAexp20:	9.074
MAexp50:	8.596
MAexp100:	8.475
Price / MA7:	-1.79%
Price / MA20:	+4.16%
Price / MA50:	+11.07%
Price / MA100:	+15.37%
Price / MAexp7:	-0.69%
Price / MAexp20:	+3.15%
Price / MAexp50:	+8.89%
Price / MAexp100:	+10.44%

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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