IBEX INVX3 - 1H - Technical analysis published on 10/13/2023 (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:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 5,044.2000 EUR
My targets
5,177.1094 EUR (+1.68%)
5,307.9000 EUR (+4.24%)
My analysis
IBEX INVX3 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5,044.2000 EUR. The next resistance located at 5,177.1094 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5,307.9000 EUR. After this resistance, buyers could then target 5,437.0800 EUR.
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
5.5
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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 5,091.7998 EUR. The price registered an increase of +2.48% on the session with the lowest point at 4,927.0000 EUR and the highest point at 5,116.8999 EUR. The deviation from the price is +3.34% for the low point and -0.49% for the high point.4,927.0000
5,116.8999
5,091.7998
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of IBEX INVX3 in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,814.3535 | 4,938.0000 | 5,044.2000 | 5,091.7998 | 5,177.1094 | 5,307.9000 | 5,437.0800 |
| Change (%) | -5.45% | -3.02% | -0.93% | - | +1.68% | +4.24% | +6.78% |
| Change | -277.4463 | -153.7998 | -47.5998 | - | +85.3096 | +216.1002 | +345.2802 |
| Level | Major | Major | Major | - | Major | Minor | 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 | 4,680.1338 | 4,746.6670 | 4,857.7334 | 4,924.2666 | 5,035.3330 | 5,101.8662 | 5,212.9326 |
| Camarilla | 4,919.9599 | 4,936.2399 | 4,952.5198 | 4,968.7998 | 4,985.0798 | 5,001.3597 | 5,017.6397 |
| Woodie | 4,702.4004 | 4,757.8003 | 4,880.0000 | 4,935.3999 | 5,057.5996 | 5,112.9995 | 5,235.1992 |
| Fibonacci | 4,746.6670 | 4,814.5101 | 4,856.4236 | 4,924.2666 | 4,992.1097 | 5,034.0232 | 5,101.8662 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,129.0667 | 4,445.6335 | 4,806.4666 | 5,123.0334 | 5,483.8665 | 5,800.4333 | 6,161.2664 |
| Camarilla | 4,981.0148 | 5,043.1098 | 5,105.2048 | 5,167.2998 | 5,229.3948 | 5,291.4898 | 5,353.5848 |
| Woodie | 4,151.2000 | 4,456.7001 | 4,828.5999 | 5,134.1000 | 5,505.9998 | 5,811.4999 | 6,183.3997 |
| Fibonacci | 4,445.6335 | 4,704.4002 | 4,864.2666 | 5,123.0334 | 5,381.8001 | 5,541.6665 | 5,800.4333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,864.2996 | 4,180.0998 | 4,519.9998 | 4,835.8000 | 5,175.7000 | 5,491.5002 | 5,831.4002 |
| Camarilla | 4,679.5824 | 4,739.6882 | 4,799.7941 | 4,859.8999 | 4,920.0058 | 4,980.1116 | 5,040.2175 |
| Woodie | 3,876.3496 | 4,186.1248 | 4,532.0498 | 4,841.8250 | 5,187.7500 | 5,497.5252 | 5,843.4502 |
| Fibonacci | 4,180.0998 | 4,430.5772 | 4,585.3225 | 4,835.8000 | 5,086.2774 | 5,241.0227 | 5,491.5002 |
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): | 55.05 | |
| MACD (12,26,9): | 9.8534 | |
| Directional Movement: | 8.0237 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 4,989.0462 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,972.8958 | |
| Elder Ray (13): | 38.7836 | |
| Super Trend (3,10): | 4,903.0819 | |
| Zig ZAG (10): | 5,039.1001 | |
| VORTEX (21): | 1.0564 | |
| Stochastique (14,3,5): | 78.17 | |
| TEMA (21): | 5,037.6716 | |
| Williams %R (14): | -27.80 | |
| Chande Momentum Oscillator (20): | 213.2002 | |
| Repulse (5,40,3): | -0.2306 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0574 | |
| Courbe Coppock: | 6.16 |
| MA7: | 5,090.4000 | |
| MA20: | 4,969.3300 | |
| MA50: | 4,917.8720 | |
| MA100: | 4,925.3220 | |
| MAexp7: | 5,031.4973 | |
| MAexp20: | 4,993.6037 | |
| MAexp50: | 5,027.6304 | |
| MAexp100: | 5,032.6366 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +2.46% | |
| Price / MA50: | +3.54% | |
| Price / MA100: | +3.38% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | +1.97% | |
| Price / MAexp50: | +1.28% | |
| Price / MAexp100: | +1.18% |
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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