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 07/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 2,792.4000 EUR

My targets

2,925.4573 EUR (+2.83%)

2,990.9600 EUR (+5.13%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly 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 2,792.4000 EUR. The buyers' bullish objective is set at 2,925.4573 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,990.9600 EUR. If there is any crossing, the next objective would be the resistance located at 4,139.5870 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

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

IBEX INVX3 rating 2,845.0000 EUR. On the day, this instrument gained +1.75% with the lowest point at 2,818.8999 EUR and the highest point at 2,870.8000 EUR. The deviation from the price is +0.93% for the low point and -0.90% for the high point.

2,818.8999

2,870.8000

2,845.0000

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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 study of the highest / lowest by the Central Records scanner shows the following result:

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 slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,735.6667	2,792.4000	2,841.3000	2,845.0000	2,925.4573	2,990.9600	4,139.5870
Change (%)	-3.84%	-1.85%	-0.13%	-	+2.83%	+5.13%	+45.50%
Change	-109.3333	-52.6000	-3.7000	-	+80.4573	+145.9600	+1,294.5870
Level	Major	Minor	Intermediate	-	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	2,642.4333	2,686.6666	2,741.4333	2,785.6666	2,840.4333	2,884.6666	2,939.4333
Camarilla	2,768.9750	2,778.0500	2,787.1250	2,796.2000	2,805.2750	2,814.3500	2,823.4250
Woodie	2,647.7000	2,689.3000	2,746.7000	2,788.3000	2,845.7000	2,887.3000	2,944.7000
Fibonacci	2,686.6666	2,724.4846	2,747.8486	2,785.6666	2,823.4846	2,846.8486	2,884.6666

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,445.1998	2,589.7998	2,691.0999	2,835.6999	2,937.0000	3,081.6000	3,182.9001
Camarilla	2,724.7774	2,747.3182	2,769.8591	2,792.3999	2,814.9407	2,837.4816	2,860.0224
Woodie	2,423.5498	2,578.9748	2,669.4499	2,824.8749	2,915.3500	3,070.7750	3,161.2501
Fibonacci	2,589.7998	2,683.7337	2,741.7661	2,835.6999	2,929.6338	2,987.6662	3,081.6000

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):	64.57
MACD (12,26,9):	-2.2559
Directional Movement:	18.1782
AROON (14):	57.1429
DEMA (21):	2,781.6525
Parabolic SAR (0,02-0,02-0,2):	2,731.3000
Elder Ray (13):	54.9185
Super Trend (3,10):	2,752.5571
Zig ZAG (10):	2,866.8999
VORTEX (21):	1.0608
Stochastique (14,3,5):	70.18
TEMA (21):	2,794.3105
Williams %R (14):	-3.82
Chande Momentum Oscillator (20):	49.1001
Repulse (5,40,3):	2.9972
ROCnROLL:	1
TRIX (15,9):	-0.0636
Courbe Coppock:	0.66

MA7:	2,824.0714
MA20:	2,832.1300
MA50:	2,769.8060
MA100:	3,075.9600
MAexp7:	2,798.2519
MAexp20:	2,787.7240
MAexp50:	2,806.0801
MAexp100:	2,815.2286
Price / MA7:	+0.74%
Price / MA20:	+0.45%
Price / MA50:	+2.71%
Price / MA100:	-7.51%
Price / MAexp7:	+1.67%
Price / MAexp20:	+2.05%
Price / MAexp50:	+1.39%
Price / MAexp100:	+1.06%

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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