IBEX INVX3 - 1H - Technical analysis published on 09/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 4,921.2000 EUR
My targets
5,044.2000 EUR (+0.67%)
5,194.3066 EUR (+3.67%)
My analysis
The bullish trend is currently very strong on IBEX INVX3. As long as the price remains above the support at 4,921.2000 EUR, you could try to benefit from the boom. The first bullish objective is located at 5,044.2000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5,194.3066 EUR as an objective. Crossing it would then enable buyers to target 5,633.0000 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
0
10
8
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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 price is 5,010.6001 EUR. The price registered an increase of +1.16% on the session and was traded between 4,869.2998 EUR and 5,042.3999 EUR over the period. The price is currently at +2.90% from its lowest and -0.63% from its highest.4,869.2998
5,042.3999
5,010.6001
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IBEX INVX3 in 1H 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,740.7000 | 4,812.8500 | 4,921.2000 | 5,010.6001 | 5,044.2000 | 5,194.3066 | 5,633.0000 |
| Change (%) | -5.39% | -3.95% | -1.78% | - | +0.67% | +3.67% | +12.42% |
| Change | -269.9001 | -197.7501 | -89.4001 | - | +33.5999 | +183.7065 | +622.3999 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,732.6999 | 4,800.9998 | 4,905.8000 | 4,974.0999 | 5,078.9001 | 5,147.2000 | 5,252.0002 |
| Camarilla | 4,962.9976 | 4,978.8651 | 4,994.7326 | 5,010.6001 | 5,026.4676 | 5,042.3351 | 5,058.2026 |
| Woodie | 4,750.9500 | 4,810.1249 | 4,924.0501 | 4,983.2250 | 5,097.1502 | 5,156.3251 | 5,270.2503 |
| Fibonacci | 4,800.9998 | 4,867.1241 | 4,907.9757 | 4,974.0999 | 5,040.2242 | 5,081.0758 | 5,147.2000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,236.5662 | 4,366.2331 | 4,555.3665 | 4,685.0334 | 4,874.1668 | 5,003.8337 | 5,192.9671 |
| Camarilla | 4,656.8299 | 4,686.0533 | 4,715.2766 | 4,744.5000 | 4,773.7234 | 4,802.9467 | 4,832.1701 |
| Woodie | 4,266.2996 | 4,381.0997 | 4,585.0999 | 4,699.9000 | 4,903.9002 | 5,018.7003 | 5,222.7005 |
| Fibonacci | 4,366.2331 | 4,488.0148 | 4,563.2517 | 4,685.0334 | 4,806.8151 | 4,882.0520 | 5,003.8337 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,697.0669 | 4,095.3335 | 4,407.4668 | 4,805.7334 | 5,117.8667 | 5,516.1333 | 5,828.2666 |
| Camarilla | 4,524.2401 | 4,589.3601 | 4,654.4801 | 4,719.6001 | 4,784.7201 | 4,849.8401 | 4,914.9601 |
| Woodie | 3,654.0003 | 4,073.8002 | 4,364.4002 | 4,784.2001 | 5,074.8001 | 5,494.6000 | 5,785.2000 |
| Fibonacci | 4,095.3335 | 4,366.7063 | 4,534.3606 | 4,805.7334 | 5,077.1062 | 5,244.7605 | 5,516.1333 |
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): | 62.43 | |
| MACD (12,26,9): | 47.1886 | |
| Directional Movement: | 13.9917 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 5,005.9001 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,890.7408 | |
| Elder Ray (13): | 62.2091 | |
| Super Trend (3,10): | 4,865.8439 | |
| Zig ZAG (10): | 5,010.6001 | |
| VORTEX (21): | 1.0718 | |
| Stochastique (14,3,5): | 87.44 | |
| TEMA (21): | 5,007.9953 | |
| Williams %R (14): | -18.26 | |
| Chande Momentum Oscillator (20): | 53.8999 | |
| Repulse (5,40,3): | 0.3951 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1489 | |
| Courbe Coppock: | 1.65 |
| MA7: | 4,792.3714 | |
| MA20: | 4,823.4950 | |
| MA50: | 4,819.8960 | |
| MA100: | 4,955.1870 | |
| MAexp7: | 4,984.6091 | |
| MAexp20: | 4,940.5278 | |
| MAexp50: | 4,860.8518 | |
| MAexp100: | 4,824.4209 | |
| Price / MA7: | +4.55% | |
| Price / MA20: | +3.88% | |
| Price / MA50: | +3.96% | |
| Price / MA100: | +1.12% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +1.42% | |
| Price / MAexp50: | +3.08% | |
| Price / MAexp100: | +3.86% |
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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