IBEX INVX3

INDW

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	INDW
ISIN:	ES0SI0000088

IBEX INVX3 - 1H - Technical analysis published on 05/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 2,688.0000 EUR

My targets

2,765.7224 EUR (+1.86%)

2,784.4999 EUR (+2.55%)

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 INVX3 as long as the price remains well above 2,688.0000 EUR. The buyers' bullish objective is set at 2,765.7224 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,784.4999 EUR. If there is any crossing, the next objective would be the resistance located at 2,880.1667 EUR.

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

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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 2,715.2000 EUR. The price has increased by +2.08% since the last closing and was between 2,710.8999 EUR and 2,761.0000 EUR. This implies that the price is at +0.16% from its lowest and at -1.66% from its highest.

2,710.8999

2,761.0000

2,715.2000

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 INVX3:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 this 1H chart of IBEX INVX3 indicates that the overall trend is bullish. 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.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,258.3000	2,622.5000	2,688.0000	2,715.2000	2,765.7224	2,880.1667	2,919.3000
Change (%)	-53.66%	-3.41%	-1.00%	-	+1.86%	+6.08%	+7.52%
Change	-1,456.9000	-92.7000	-27.2000	-	+50.5224	+164.9667	+204.1000
Level	Intermediate	Major	Minor	-	Intermediate	Minor	Minor

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	2,570.5998	2,597.9999	2,628.8999	2,656.3000	2,687.2000	2,714.6001	2,745.5001
Camarilla	2,643.7675	2,649.1117	2,654.4558	2,659.8000	2,665.1442	2,670.4884	2,675.8325
Woodie	2,572.3499	2,598.8749	2,630.6500	2,657.1750	2,688.9501	2,715.4751	2,747.2502
Fibonacci	2,597.9999	2,620.2705	2,634.0293	2,656.3000	2,678.5706	2,692.3294	2,714.6001

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,331.3001	2,469.3001	2,557.9000	2,695.9000	2,784.4999	2,922.4999	3,011.0998
Camarilla	2,584.1850	2,604.9567	2,625.7283	2,646.5000	2,667.2717	2,688.0433	2,708.8150
Woodie	2,306.6002	2,456.9501	2,533.2001	2,683.5500	2,759.8000	2,910.1499	2,986.3999
Fibonacci	2,469.3001	2,555.8612	2,609.3388	2,695.9000	2,782.4611	2,835.9387	2,922.4999

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,030.4331	2,379.6665	2,697.6333	3,046.8667	3,364.8335	3,714.0669	4,032.0337
Camarilla	2,832.1201	2,893.2801	2,954.4401	3,015.6001	3,076.7601	3,137.9201	3,199.0802
Woodie	2,014.7998	2,371.8499	2,682.0000	3,039.0501	3,349.2002	3,706.2503	4,016.4004
Fibonacci	2,379.6665	2,634.5370	2,791.9962	3,046.8667	3,301.7372	3,459.1964	3,714.0669

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):	59.43
MACD (12,26,9):	20.9259
Directional Movement:	25.4744
AROON (14):	50.0000
DEMA (21):	2,718.5702
Parabolic SAR (0,02-0,02-0,2):	2,676.7269
Elder Ray (13):	25.0244
Super Trend (3,10):	2,660.8582
Zig ZAG (10):	2,716.5000
VORTEX (21):	1.0080
Stochastique (14,3,5):	74.55
TEMA (21):	2,734.6618
Williams %R (14):	-34.41
Chande Momentum Oscillator (20):	74.1001
Repulse (5,40,3):	-0.1609
ROCnROLL:	1
TRIX (15,9):	0.0760
Courbe Coppock:	5.62

MA7:	2,659.6286
MA20:	2,780.6650
MA50:	2,992.7220
MA100:	3,470.9880
MAexp7:	2,719.2216
MAexp20:	2,691.8607
MAexp50:	2,679.9983
MAexp100:	2,716.4294
Price / MA7:	+2.09%
Price / MA20:	-2.35%
Price / MA50:	-9.27%
Price / MA100:	-21.77%
Price / MAexp7:	-0.15%
Price / MAexp20:	+0.87%
Price / MAexp50:	+1.31%
Price / MAexp100:	-0.05%

Quotes : - 15 min delayed data - Spain Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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