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 07/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 2,864.9667 EUR

My targets

2,925.9668 EUR (+0.55%)

2,990.9600 EUR (+2.78%)

My analysis

The bullish trend is currently very strong on IBEX INVX3. As long as the price remains above the support at 2,864.9667 EUR, you could try to benefit from the boom. The first bullish objective is located at 2,925.9668 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2,990.9600 EUR as an objective. Crossing it would then enable buyers to target 4,139.5870 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

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 rating is 2,910.0000 EUR. The price registered an increase of +2.85% on the session and was traded between 2,867.5000 EUR and 2,943.7000 EUR over the period. The price is currently at +1.48% from its lowest and -1.14% from its highest.

2,867.5000

2,943.7000

2,910.0000

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of IBEX INVX3 indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,622.8600	2,681.9333	2,806.1667	2,910.0000	2,925.9668	2,990.9600	4,139.5870
Change (%)	-9.87%	-7.84%	-3.57%	-	+0.55%	+2.78%	+42.25%
Change	-287.1400	-228.0667	-103.8333	-	+15.9668	+80.9600	+1,229.5870
Level	Minor	Intermediate	Minor	-	Major	Intermediate	Major

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	2,668.1002	2,715.1001	2,772.2001	2,819.2000	2,876.3000	2,923.2999	2,980.3999
Camarilla	2,800.6725	2,810.2150	2,819.7575	2,829.3000	2,838.8425	2,848.3850	2,857.9275
Woodie	2,673.1502	2,717.6251	2,777.2501	2,821.7250	2,881.3500	2,925.8249	2,985.4499
Fibonacci	2,715.1001	2,754.8663	2,779.4339	2,819.2000	2,858.9662	2,883.5338	2,923.2999

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,582.6336	2,659.3668	2,788.2335	2,864.9667	2,993.8334	3,070.5666	3,199.4333
Camarilla	2,860.5601	2,879.4068	2,898.2534	2,917.1001	2,935.9468	2,954.7934	2,973.6401
Woodie	2,608.7003	2,672.4002	2,814.3002	2,878.0001	3,019.9001	3,083.6000	3,225.5000
Fibonacci	2,659.3668	2,737.9060	2,786.4276	2,864.9667	2,943.5059	2,992.0275	3,070.5666

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,214.5999	2,384.7000	2,650.9000	2,821.0001	3,087.2001	3,257.3002	3,523.5002
Camarilla	2,797.1176	2,837.1118	2,877.1059	2,917.1001	2,957.0943	2,997.0885	3,037.0826
Woodie	2,262.6500	2,408.7250	2,698.9501	2,845.0251	3,135.2502	3,281.3252	3,571.5503
Fibonacci	2,384.7000	2,551.3666	2,654.3334	2,821.0001	2,987.6667	3,090.6335	3,257.3002

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):	60.12
MACD (12,26,9):	-0.6217
Directional Movement:	12.5862
AROON (14):	64.2857
DEMA (21):	2,862.5721
Parabolic SAR (0,02-0,02-0,2):	2,767.6901
Elder Ray (13):	50.9269
Super Trend (3,10):	2,803.2233
Zig ZAG (10):	2,917.2000
VORTEX (21):	1.1002
Stochastique (14,3,5):	68.06
TEMA (21):	2,855.2357
Williams %R (14):	-14.15
Chande Momentum Oscillator (20):	-6.4001
Repulse (5,40,3):	1.5269
ROCnROLL:	1
TRIX (15,9):	-0.0107
Courbe Coppock:	3.61

MA7:	2,853.0571
MA20:	2,791.2200
MA50:	2,777.9300
MA100:	3,139.4310
MAexp7:	2,866.8621
MAexp20:	2,861.5092
MAexp50:	2,853.7377
MAexp100:	2,833.4055
Price / MA7:	+2.00%
Price / MA20:	+4.26%
Price / MA50:	+4.75%
Price / MA100:	-7.31%
Price / MAexp7:	+1.50%
Price / MAexp20:	+1.69%
Price / MAexp50:	+1.97%
Price / MAexp100:	+2.70%

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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Londinia AI

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