IBEX X3 - 1H - Technical analysis published on 10/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 515.3667 EUR
My targets
526.7000 EUR (+0.61%)
542.0000 EUR (+3.53%)
My analysis
The strong short-term increase for IBEX X3 reinforces the current slightly bullish trend. As long as the price remains above 515.3667 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 526.7000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 542.0000 EUR as an objective. Crossing it would then enable buyers to target 556.8300 EUR. A return to 515.3667 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a 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
0
10
4.8
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Additional analysis
Quotes
IBEX X3 rating 523.5000 EUR. The price registered an increase of +5.89% on the session and was between 505.5000 EUR and 523.8000 EUR. This implies that the price is at +3.56% from its lowest and at -0.06% from its highest.505.5000
523.8000
523.5000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IBEX X3:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEX X3 in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. 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 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 456.7800 | 483.1000 | 500.0000 | 523.5000 | 526.7000 | 542.0000 | 556.8300 |
| Change (%) | -12.74% | -7.72% | -4.49% | - | +0.61% | +3.53% | +6.37% |
| Change | -66.7200 | -40.4000 | -23.5000 | - | +3.2000 | +18.5000 | +33.3300 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 467.8333 | 477.8667 | 486.1333 | 496.1667 | 504.4333 | 514.4667 | 522.7333 |
| Camarilla | 489.3675 | 491.0450 | 492.7225 | 494.4000 | 496.0775 | 497.7550 | 499.4325 |
| Woodie | 466.9500 | 477.4250 | 485.2500 | 495.7250 | 503.5500 | 514.0250 | 521.8500 |
| Fibonacci | 477.8667 | 484.8573 | 489.1761 | 496.1667 | 503.1573 | 507.4761 | 514.4667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 405.8333 | 444.5667 | 476.6333 | 515.3667 | 547.4333 | 586.1667 | 618.2333 |
| Camarilla | 489.2300 | 495.7200 | 502.2100 | 508.7000 | 515.1900 | 521.6800 | 528.1700 |
| Woodie | 402.5000 | 442.9000 | 473.3000 | 513.7000 | 544.1000 | 584.5000 | 614.9000 |
| Fibonacci | 444.5667 | 471.6123 | 488.3211 | 515.3667 | 542.4123 | 559.1211 | 586.1667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 435.2667 | 474.8333 | 508.8667 | 548.4333 | 582.4667 | 622.0333 | 656.0667 |
| Camarilla | 522.6600 | 529.4067 | 536.1533 | 542.9000 | 549.6467 | 556.3933 | 563.1400 |
| Woodie | 432.5000 | 473.4500 | 506.1000 | 547.0500 | 579.7000 | 620.6500 | 653.3000 |
| Fibonacci | 474.8333 | 502.9485 | 520.3181 | 548.4333 | 576.5485 | 593.9181 | 622.0333 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.39 | |
| MACD (12,26,9): | 5.1890 | |
| Directional Movement: | 16.3901 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 514.0512 | |
| Parabolic SAR (0,02-0,02-0,2): | 499.1408 | |
| Elder Ray (13): | 9.8861 | |
| Super Trend (3,10): | 503.6939 | |
| Zig ZAG (10): | 523.3000 | |
| VORTEX (21): | 0.9840 | |
| Stochastique (14,3,5): | 96.08 | |
| TEMA (21): | 521.0062 | |
| Williams %R (14): | -1.13 | |
| Chande Momentum Oscillator (20): | 25.9000 | |
| Repulse (5,40,3): | 1.1890 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0681 | |
| Courbe Coppock: | 6.72 |
| MA7: | 504.2571 | |
| MA20: | 535.7200 | |
| MA50: | 539.2140 | |
| MA100: | 547.4280 | |
| MAexp7: | 516.7516 | |
| MAexp20: | 508.7355 | |
| MAexp50: | 508.8417 | |
| MAexp100: | 517.9923 | |
| Price / MA7: | +3.82% | |
| Price / MA20: | -2.28% | |
| Price / MA50: | -2.91% | |
| Price / MA100: | -4.37% | |
| Price / MAexp7: | +1.31% | |
| Price / MAexp20: | +2.90% | |
| Price / MAexp50: | +2.88% | |
| Price / MAexp100: | +1.06% |
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.
About author
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