IBEX INVX2 - Daily - Technical analysis published on 04/26/2023 (GMT)
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- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 179.8333 EUR
My targets
164.6000 EUR (-2.08%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IBEX INVX2 as long as the price remains well below 179.8333 EUR. The sellers' bearish objective is set at 164.6000 EUR. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.8
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Additional analysis
Quotes
The IBEX INVX2 rating is 168.1000 EUR. On the day, this instrument lost -0.06% and was between 168.0000 EUR and 171.7000 EUR. This implies that the price is at +0.06% from its lowest and at -2.10% from its highest.168.0000
171.7000
168.1000
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IBEX INVX2:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEX INVX2 in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 164.6000 | 168.1000 | 193.4560 | 213.3440 | 256.0000 |
Change (%) | -2.08% | - | +15.08% | +26.91% | +52.29% |
Change | -3.5000 | - | +25.3560 | +45.2440 | +87.9000 |
Level | Major | - | Intermediate | Intermediate | Minor |
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 | 163.1333 | 165.5667 | 166.8333 | 169.2667 | 170.5333 | 172.9667 | 174.2333 |
Camarilla | 167.0825 | 167.4217 | 167.7608 | 168.1000 | 168.4392 | 168.7783 | 169.1175 |
Woodie | 162.5500 | 165.2750 | 166.2500 | 168.9750 | 169.9500 | 172.6750 | 173.6500 |
Fibonacci | 165.5667 | 166.9801 | 167.8533 | 169.2667 | 170.6801 | 171.5533 | 172.9667 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 154.1333 | 156.7667 | 160.2333 | 162.8667 | 166.3333 | 168.9667 | 172.4333 |
Camarilla | 162.0225 | 162.5817 | 163.1408 | 163.7000 | 164.2592 | 164.8183 | 165.3775 |
Woodie | 154.5500 | 156.9750 | 160.6500 | 163.0750 | 166.7500 | 169.1750 | 172.8500 |
Fibonacci | 156.7667 | 159.0969 | 160.5365 | 162.8667 | 165.1969 | 166.6365 | 168.9667 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 116.8667 | 140.4333 | 156.2667 | 179.8333 | 195.6667 | 219.2333 | 235.0667 |
Camarilla | 161.2650 | 164.8767 | 168.4883 | 172.1000 | 175.7117 | 179.3233 | 182.9350 |
Woodie | 113.0000 | 138.5000 | 152.4000 | 177.9000 | 191.8000 | 217.3000 | 231.2000 |
Fibonacci | 140.4333 | 155.4841 | 164.7825 | 179.8333 | 194.8841 | 204.1825 | 219.2333 |
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): | 46.67 | |
MACD (12,26,9): | -3.2796 | |
Directional Movement: | 3.1711 | |
AROON (14): | -71.4286 | |
DEMA (21): | 164.4741 | |
Parabolic SAR (0,02-0,02-0,2): | 159.5920 | |
Elder Ray (13): | 2.8396 | |
Super Trend (3,10): | 174.1304 | |
Zig ZAG (10): | 168.1000 | |
VORTEX (21): | 0.7288 | |
Stochastique (14,3,5): | 53.96 | |
TEMA (21): | 163.3246 | |
Williams %R (14): | -32.56 | |
Chande Momentum Oscillator (20): | 1.2000 | |
Repulse (5,40,3): | -1.3452 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2808 | |
Courbe Coppock: | 10.45 |
MA7: | 164.4000 | |
MA20: | 168.8550 | |
MA50: | 173.3320 | |
MA100: | 186.6060 | |
MAexp7: | 165.9780 | |
MAexp20: | 168.7491 | |
MAexp50: | 175.0396 | |
MAexp100: | 186.9494 | |
Price / MA7: | +2.25% | |
Price / MA20: | -0.45% | |
Price / MA50: | -3.02% | |
Price / MA100: | -9.92% | |
Price / MAexp7: | +1.28% | |
Price / MAexp20: | -0.38% | |
Price / MAexp50: | -3.96% | |
Price / MAexp100: | -10.08% |
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
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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