INT.AIRL.GRP - 1H - Technical analysis published on 07/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 1.9850 EUR
My targets
1.9430 EUR (-0.69%)
1.9250 EUR (-1.61%)
My analysis
The bearish basic trend is very strong on INT.AIRL.GRP but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.9850 EUR. Crossing the first support at 1.9430 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.9250 EUR as an objective. Crossing it would then enable sellers to target 1.9045 EUR. Caution, a return to above the resistance located at 1.9850 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.7
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Additional analysis
Quotes
INT.AIRL.GRP rating 1.9565 EUR. The price is lower by -0.31% since the last closing and was traded between 1.9515 EUR and 1.9860 EUR over the period. The price is currently at +0.26% from its lowest and -1.49% from its highest.1.9515
1.9860
1.9565
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INT.AIRL.GRP indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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 horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 1.9045 | 1.9250 | 1.9430 | 1.9565 | 1.9641 | 1.9850 | 2.0435 |
| Change (%) | -2.66% | -1.61% | -0.69% | - | +0.39% | +1.46% | +4.45% |
| Change | -0.0520 | -0.0315 | -0.0135 | - | +0.0076 | +0.0285 | +0.0870 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Intermediate |
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 | 1.9173 | 1.9302 | 1.9463 | 1.9592 | 1.9753 | 1.9882 | 2.0043 |
| Camarilla | 1.9545 | 1.9572 | 1.9598 | 1.9625 | 1.9652 | 1.9678 | 1.9705 |
| Woodie | 1.9190 | 1.9310 | 1.9480 | 1.9600 | 1.9770 | 1.9890 | 2.0060 |
| Fibonacci | 1.9302 | 1.9412 | 1.9481 | 1.9592 | 1.9702 | 1.9771 | 1.9882 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8130 | 1.8595 | 1.9180 | 1.9645 | 2.0230 | 2.0695 | 2.1280 |
| Camarilla | 1.9476 | 1.9573 | 1.9669 | 1.9765 | 1.9861 | 1.9958 | 2.0054 |
| Woodie | 1.8190 | 1.8625 | 1.9240 | 1.9675 | 2.0290 | 2.0725 | 2.1340 |
| Fibonacci | 1.8595 | 1.8996 | 1.9244 | 1.9645 | 2.0046 | 2.0294 | 2.0695 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6547 | 1.7718 | 1.8437 | 1.9608 | 2.0327 | 2.1498 | 2.2217 |
| Camarilla | 1.8635 | 1.8809 | 1.8982 | 1.9155 | 1.9328 | 1.9502 | 1.9675 |
| Woodie | 1.6320 | 1.7605 | 1.8210 | 1.9495 | 2.0100 | 2.1385 | 2.1990 |
| Fibonacci | 1.7718 | 1.8440 | 1.8886 | 1.9608 | 2.0330 | 2.0776 | 2.1498 |
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): | 47.18 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | -6.3699 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 1.9645 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9853 | |
| Elder Ray (13): | -0.0071 | |
| Super Trend (3,10): | 1.9431 | |
| Zig ZAG (10): | 1.9560 | |
| VORTEX (21): | 0.9029 | |
| Stochastique (14,3,5): | 26.26 | |
| TEMA (21): | 1.9656 | |
| Williams %R (14): | -82.19 | |
| Chande Momentum Oscillator (20): | 0.0040 | |
| Repulse (5,40,3): | -0.7482 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0177 | |
| Courbe Coppock: | 1.11 |
| MA7: | 1.9577 | |
| MA20: | 2.0234 | |
| MA50: | 2.0076 | |
| MA100: | 2.0026 | |
| MAexp7: | 1.9613 | |
| MAexp20: | 1.9629 | |
| MAexp50: | 1.9656 | |
| MAexp100: | 1.9806 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -3.31% | |
| Price / MA50: | -2.55% | |
| Price / MA100: | -2.30% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.46% | |
| Price / MAexp100: | -1.22% |
Quotes :
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15 min delayed data
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Spain Stocks
News
Don't forget to follow the news on INT.AIRL.GRP. At the time of publication of this analysis, the latest news was as follows:
- KWE and IAG Cargo Agree to Expand Use of Sustainable Aviation Fuel
-
10/05/24 - UK GDP, recession fears put to rest, FTSE highs, IAG Reports
- Sabre and IAG expand partnership with multi-year distribution agreement including NDC content
- BigCommerce Powers New IAG Loyalty Online Wine Store in Partnership with British Airways
-
Why Are IAG Shares Cheap?
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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