IBEX INVX3 - 1H - Technical analysis published on 02/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4,067.9000 EUR
My targets
4,151.4000 EUR (+1.76%)
4,227.3000 EUR (+3.62%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on IBEX INVX3 as long as the price remains well above 4,067.9000 EUR. The buyers' bullish objective is set at 4,151.4000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,227.3000 EUR. If there is any crossing, the next objective would be the resistance located at 4,434.3000 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
6.4
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Additional analysis
Quotes
The IBEX INVX3 rating is 4,079.5000 EUR. The price has increased by +1.83% since the last closing and was traded between 3,984.6001 EUR and 4,100.1001 EUR over the period. The price is currently at +2.38% from its lowest and -0.50% from its highest.3,984.6001
4,100.1001
4,079.5000
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IBEX INVX3 chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
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 : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 3,885.5780 | 4,005.6000 | 4,067.9000 | 4,079.5000 | 4,151.4000 | 4,227.3000 | 4,434.3000 |
| Change (%) | -4.75% | -1.81% | -0.28% | - | +1.76% | +3.62% | +8.70% |
| Change | -193.9220 | -73.9000 | -11.6000 | - | +71.9000 | +147.8000 | +354.8000 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,893.8667 | 3,939.2334 | 4,009.3667 | 4,054.7334 | 4,124.8667 | 4,170.2334 | 4,240.3667 |
| Camarilla | 4,047.7375 | 4,058.3250 | 4,068.9125 | 4,079.5000 | 4,090.0875 | 4,100.6750 | 4,111.2625 |
| Woodie | 3,906.2500 | 3,945.4251 | 4,021.7500 | 4,060.9251 | 4,137.2500 | 4,176.4251 | 4,252.7500 |
| Fibonacci | 3,939.2334 | 3,983.3544 | 4,010.6124 | 4,054.7334 | 4,098.8544 | 4,126.1124 | 4,170.2334 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,674.5666 | 3,781.3333 | 3,946.1667 | 4,052.9334 | 4,217.7668 | 4,324.5335 | 4,489.3669 |
| Camarilla | 4,036.3100 | 4,061.2067 | 4,086.1033 | 4,111.0000 | 4,135.8967 | 4,160.7934 | 4,185.6900 |
| Woodie | 3,703.5999 | 3,795.8500 | 3,975.2000 | 4,067.4501 | 4,246.8001 | 4,339.0502 | 4,518.4002 |
| Fibonacci | 3,781.3333 | 3,885.0846 | 3,949.1822 | 4,052.9334 | 4,156.6847 | 4,220.7823 | 4,324.5335 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,099.9671 | 3,393.5336 | 3,640.6668 | 3,934.2333 | 4,181.3665 | 4,474.9330 | 4,722.0662 |
| Camarilla | 3,739.1076 | 3,788.6717 | 3,838.2359 | 3,887.8000 | 3,937.3641 | 3,986.9283 | 4,036.4924 |
| Woodie | 3,076.7505 | 3,381.9253 | 3,617.4502 | 3,922.6250 | 4,158.1499 | 4,463.3247 | 4,698.8496 |
| Fibonacci | 3,393.5336 | 3,600.0809 | 3,727.6860 | 3,934.2333 | 4,140.7806 | 4,268.3857 | 4,474.9330 |
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): | 57.04 | |
| MACD (12,26,9): | 0.1623 | |
| Directional Movement: | 12.2228 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 4,050.8859 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,988.7680 | |
| Elder Ray (13): | 30.6801 | |
| Super Trend (3,10): | 3,990.7387 | |
| Zig ZAG (10): | 4,081.8000 | |
| VORTEX (21): | 0.9985 | |
| Stochastique (14,3,5): | 90.51 | |
| TEMA (21): | 4,046.8307 | |
| Williams %R (14): | -18.61 | |
| Chande Momentum Oscillator (20): | 30.6999 | |
| Repulse (5,40,3): | 0.8972 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0310 | |
| Courbe Coppock: | 0.38 |
| MA7: | 4,062.7429 | |
| MA20: | 4,048.8750 | |
| MA50: | 3,937.7040 | |
| MA100: | 4,422.5750 | |
| MAexp7: | 4,058.5017 | |
| MAexp20: | 4,053.0337 | |
| MAexp50: | 4,045.9482 | |
| MAexp100: | 4,028.5659 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.76% | |
| Price / MA50: | +3.60% | |
| Price / MA100: | -7.76% | |
| Price / MAexp7: | +0.52% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +0.83% | |
| Price / MAexp100: | +1.26% |
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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