IBEX X3 - Daily - Technical analysis published on 01/02/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 369.9333 EUR
My targets
431.6333 EUR (+5.79%)
456.2200 EUR (+11.82%)
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 X3 as long as the price remains well above 369.9333 EUR. The buyers' bullish objective is set at 431.6333 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 456.2200 EUR. If there is any crossing, the next objective would be the resistance located at 493.3000 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, 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
0
10
4.6
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Additional analysis
Quotes
IBEX X3 rating 408.0000 EUR. The price has increased by +2.44% since the last closing and was between 406.1000 EUR and 408.6000 EUR. This implies that the price is at +0.47% from its lowest and at -0.15% from its highest.406.1000
408.6000
408.0000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of IBEX X3 in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 278.7000 | 311.7000 | 350.1640 | 408.0000 | 410.3500 | 456.2200 | 493.3000 |
| Change (%) | -31.69% | -23.60% | -14.18% | - | +0.58% | +11.82% | +20.91% |
| Change | -129.3000 | -96.3000 | -57.8360 | - | +2.3500 | +48.2200 | +85.3000 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 384.3333 | 390.7667 | 394.5333 | 400.9667 | 404.7333 | 411.1667 | 414.9333 |
| Camarilla | 395.4950 | 396.4300 | 397.3650 | 398.3000 | 399.2350 | 400.1700 | 401.1050 |
| Woodie | 383.0000 | 390.1000 | 393.2000 | 400.3000 | 403.4000 | 410.5000 | 413.6000 |
| Fibonacci | 390.7667 | 394.6631 | 397.0703 | 400.9667 | 404.8631 | 407.2703 | 411.1667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 373.2667 | 384.4333 | 391.3667 | 402.5333 | 409.4667 | 420.6333 | 427.5667 |
| Camarilla | 393.3225 | 394.9817 | 396.6408 | 398.3000 | 399.9592 | 401.6183 | 403.2775 |
| Woodie | 371.1500 | 383.3750 | 389.2500 | 401.4750 | 407.3500 | 419.5750 | 425.4500 |
| Fibonacci | 384.4333 | 391.3475 | 395.6191 | 402.5333 | 409.4475 | 413.7191 | 420.6333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 308.2333 | 341.5667 | 369.9333 | 403.2667 | 431.6333 | 464.9667 | 493.3333 |
| Camarilla | 381.3325 | 386.9883 | 392.6442 | 398.3000 | 403.9558 | 409.6117 | 415.2675 |
| Woodie | 305.7500 | 340.3250 | 367.4500 | 402.0250 | 429.1500 | 463.7250 | 490.8500 |
| Fibonacci | 341.5667 | 365.1361 | 379.6973 | 403.2667 | 426.8361 | 441.3973 | 464.9667 |
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): | 54.33 | |
| MACD (12,26,9): | 3.1648 | |
| Directional Movement: | -0.2954 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 409.2961 | |
| Parabolic SAR (0,02-0,02-0,2): | 376.4840 | |
| Elder Ray (13): | 6.8027 | |
| Super Trend (3,10): | 431.3651 | |
| Zig ZAG (10): | 409.2000 | |
| VORTEX (21): | 0.8686 | |
| Stochastique (14,3,5): | 59.89 | |
| TEMA (21): | 402.6875 | |
| Williams %R (14): | -34.60 | |
| Chande Momentum Oscillator (20): | 9.5000 | |
| Repulse (5,40,3): | -0.2864 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1979 | |
| Courbe Coppock: | 7.17 |
| MA7: | 398.5571 | |
| MA20: | 408.4150 | |
| MA50: | 386.3200 | |
| MA100: | 374.7740 | |
| MAexp7: | 404.0107 | |
| MAexp20: | 403.1228 | |
| MAexp50: | 390.9638 | |
| MAexp100: | 388.9197 | |
| Price / MA7: | +2.37% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | +5.61% | |
| Price / MA100: | +8.87% | |
| Price / MAexp7: | +0.99% | |
| Price / MAexp20: | +1.21% | |
| Price / MAexp50: | +4.36% | |
| Price / MAexp100: | +4.91% |
Quotes :
-
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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