IBEX DIVNETO - 1H - Technical analysis published on 08/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 21,674.4000 EUR
My targets
22,219.0013 EUR (+1.92%)
22,983.8000 EUR (+5.43%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEX DIVNETO as long as the price remains well above 21,674.4000 EUR. The buyers' bullish objective is set at 22,219.0013 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 22,983.8000 EUR. If there is any crossing, the next objective would be the resistance located at 23,323.5000 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
The IBEX DIVNETO price is 21,800.5000 EUR. On the day, this instrument lost -0.02% and was between 21,733.9004 EUR and 21,804.5996 EUR. This implies that the price is at +0.31% from its lowest and at -0.02% from its highest.21,733.9004
21,804.5996
21,800.5000
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
Here is a more detailed summary of the historical variations registered by IBEX DIVNETO:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IBEX DIVNETO in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,232.8000 | 21,361.7000 | 21,674.4000 | 21,800.5000 | 22,983.8000 | 23,323.5000 | 23,627.5000 |
| Change (%) | -2.60% | -2.01% | -0.58% | - | +5.43% | +6.99% | +8.38% |
| Change | -567.7000 | -438.8000 | -126.1000 | - | +1,183.3000 | +1,523.0000 | +1,827.0000 |
| Level | Major | Intermediate | Major | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 21,379.7663 | 21,487.8333 | 21,646.2663 | 21,754.3333 | 21,912.7663 | 22,020.8333 | 22,179.2663 |
| Camarilla | 21,731.4117 | 21,755.8409 | 21,780.2700 | 21,804.6992 | 21,829.1284 | 21,853.5575 | 21,877.9867 |
| Woodie | 21,404.9492 | 21,500.4248 | 21,671.4492 | 21,766.9248 | 21,937.9492 | 22,033.4248 | 22,204.4492 |
| Fibonacci | 21,487.8333 | 21,589.6363 | 21,652.5303 | 21,754.3333 | 21,856.1363 | 21,919.0303 | 22,020.8333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,790.3977 | 21,003.9987 | 21,266.5989 | 21,480.1999 | 21,742.8001 | 21,956.4011 | 22,219.0013 |
| Camarilla | 21,398.2439 | 21,441.8957 | 21,485.5474 | 21,529.1992 | 21,572.8510 | 21,616.5028 | 21,660.1545 |
| Woodie | 20,814.8974 | 21,016.2485 | 21,291.0986 | 21,492.4497 | 21,767.2998 | 21,968.6509 | 22,243.5010 |
| Fibonacci | 21,003.9987 | 21,185.9075 | 21,298.2910 | 21,480.1999 | 21,662.1087 | 21,774.4922 | 21,956.4011 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,597.1660 | 20,031.6328 | 20,764.5664 | 21,199.0332 | 21,931.9668 | 22,366.4336 | 23,099.3672 |
| Camarilla | 21,176.4649 | 21,283.4766 | 21,390.4883 | 21,497.5000 | 21,604.5117 | 21,711.5234 | 21,818.5351 |
| Woodie | 19,746.3994 | 20,106.2495 | 20,913.7998 | 21,273.6499 | 22,081.2002 | 22,441.0503 | 23,248.6006 |
| Fibonacci | 20,031.6328 | 20,477.5798 | 20,753.0863 | 21,199.0332 | 21,644.9802 | 21,920.4867 | 22,366.4336 |
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): | 70.79 | |
| MACD (12,26,9): | 84.3423 | |
| Directional Movement: | 21.2044 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 21,755.2554 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,558.2250 | |
| Elder Ray (13): | 113.5788 | |
| Super Trend (3,10): | 21,617.7577 | |
| Zig ZAG (10): | 21,804.6992 | |
| VORTEX (21): | 1.1146 | |
| Stochastique (14,3,5): | 89.02 | |
| TEMA (21): | 21,800.3096 | |
| Williams %R (14): | -15.46 | |
| Chande Momentum Oscillator (20): | 279.2988 | |
| Repulse (5,40,3): | 0.1006 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0408 | |
| Courbe Coppock: | 2.28 |
| MA7: | 21,493.6141 | |
| MA20: | 21,262.2699 | |
| MA50: | 21,579.4841 | |
| MA100: | 21,862.3890 | |
| MAexp7: | 21,758.3890 | |
| MAexp20: | 21,654.0882 | |
| MAexp50: | 21,545.2953 | |
| MAexp100: | 21,446.7274 | |
| Price / MA7: | +1.43% | |
| Price / MA20: | +2.53% | |
| Price / MA50: | +1.02% | |
| Price / MA100: | -0.28% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.68% | |
| Price / MAexp50: | +1.18% | |
| Price / MAexp100: | +1.65% |
Quotes :
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15 min delayed data
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Spain Indices
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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