IBEX INVX3 - 1H - Technical analysis published on 07/24/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 4,782.9333 EUR
My targets
4,650.3200 EUR (-0.57%)
4,563.2000 EUR (-2.44%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IBEX INVX3 as long as the price remains well below 4,782.9333 EUR. The next bearish objective for sellers is set at 4,650.3200 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4,563.2000 EUR. If there is any crossing, the next objective would be the support located at 1,258.3000 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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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 IBEX INVX3 rating is 4,677.2002 EUR. On the day, this instrument gained +1.62% with the lowest point at 4,671.2002 EUR and the highest point at 4,853.7998 EUR. The deviation from the price is +0.13% for the low point and -3.64% for the high point.4,671.2002
4,853.7998
4,677.2002
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
Here is a more detailed summary of the historical variations registered by IBEX INVX3:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEX INVX3 in 1H shows a overall strongly bearish trend. 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,258.3000 | 4,563.2000 | 4,650.3200 | 4,677.2002 | 4,871.8100 | 4,938.0000 | 5,230.8000 |
| Change (%) | -73.10% | -2.44% | -0.57% | - | +4.16% | +5.58% | +11.84% |
| Change | -3,418.9002 | -114.0002 | -26.8802 | - | +194.6098 | +260.7998 | +553.5998 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 4,425.3330 | 4,514.0664 | 4,558.4331 | 4,647.1665 | 4,691.5332 | 4,780.2666 | 4,824.6333 |
| Camarilla | 4,566.1973 | 4,578.3981 | 4,590.5990 | 4,602.7998 | 4,615.0006 | 4,627.2015 | 4,639.4023 |
| Woodie | 4,403.1497 | 4,502.9747 | 4,536.2498 | 4,636.0748 | 4,669.3499 | 4,769.1749 | 4,802.4500 |
| Fibonacci | 4,514.0664 | 4,564.9106 | 4,596.3223 | 4,647.1665 | 4,698.0107 | 4,729.4224 | 4,780.2666 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,242.5329 | 4,422.6663 | 4,512.7331 | 4,692.8665 | 4,782.9333 | 4,963.0667 | 5,053.1335 |
| Camarilla | 4,528.4948 | 4,553.2631 | 4,578.0315 | 4,602.7998 | 4,627.5682 | 4,652.3365 | 4,677.1049 |
| Woodie | 4,197.4995 | 4,400.1497 | 4,467.6997 | 4,670.3499 | 4,737.8999 | 4,940.5501 | 5,008.1001 |
| Fibonacci | 4,422.6663 | 4,525.8828 | 4,589.6501 | 4,692.8665 | 4,796.0830 | 4,859.8503 | 4,963.0667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,425.5334 | 4,015.9666 | 4,348.5334 | 4,938.9666 | 5,271.5334 | 5,861.9666 | 6,194.5334 |
| Camarilla | 4,427.2751 | 4,511.8834 | 4,596.4918 | 4,681.1001 | 4,765.7084 | 4,850.3168 | 4,934.9251 |
| Woodie | 3,296.6001 | 3,951.5000 | 4,219.6001 | 4,874.5000 | 5,142.6001 | 5,797.5000 | 6,065.6001 |
| Fibonacci | 4,015.9666 | 4,368.5526 | 4,586.3806 | 4,938.9666 | 5,291.5526 | 5,509.3806 | 5,861.9666 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.72 | |
| MACD (12,26,9): | -7.8961 | |
| Directional Movement: | 10.1804 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 4,679.3945 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,625.1767 | |
| Elder Ray (13): | 6.1214 | |
| Super Trend (3,10): | 4,620.6157 | |
| Zig ZAG (10): | 4,701.6001 | |
| VORTEX (21): | 0.8611 | |
| Stochastique (14,3,5): | 44.17 | |
| TEMA (21): | 4,692.9583 | |
| Williams %R (14): | -57.11 | |
| Chande Momentum Oscillator (20): | 39.2002 | |
| Repulse (5,40,3): | -0.5376 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0534 | |
| Courbe Coppock: | 0.64 |
| MA7: | 4,731.3142 | |
| MA20: | 4,815.7750 | |
| MA50: | 5,049.7320 | |
| MA100: | 5,286.6100 | |
| MAexp7: | 4,697.6118 | |
| MAexp20: | 4,695.2105 | |
| MAexp50: | 4,728.6255 | |
| MAexp100: | 4,776.4344 | |
| Price / MA7: | -1.14% | |
| Price / MA20: | -2.88% | |
| Price / MA50: | -7.38% | |
| Price / MA100: | -11.53% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -1.09% | |
| Price / MAexp100: | -2.08% |
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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