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LATIBEX AS
LATIBEX AS
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDB
ISIN: ES0SI0000617

LATIBEX AS - 1H - Technical analysis published on 04/14/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 2,246.9000 EUR
My targets
2,312.6000 EUR (+0.36%)
2,373.6500 EUR (+3.01%)
My analysis
The basic bullish trend is very strong on LATIBEX AS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 2,246.9000 EUR. Crossing the first resistance at 2,312.6000 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2,373.6500 EUR as an objective. Crossing it would then enable buyers to target 2,398.1700 EUR. Caution, a return to below 2,246.9000 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 not called into question, despite technical indicators being indecisive.
Force
0
10
4.8

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.

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Daily Weekly

Additional analysis

Quotes

The LATIBEX AS rating is 2,304.2000 EUR. The price is lower by -0.06% since the last closing and was between 2,303.8999 EUR and 2,314.6001 EUR. This implies that the price is at +0.01% from its lowest and at -0.45% from its highest.

2,303.8999
2,314.6001
2,304.2000

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LATIBEX AS:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this LATIBEX AS chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,165.0100 2,198.6500 2,246.9000 2,304.2000 2,312.6000 2,373.6500 2,398.1700
Change (%) -6.04% -4.58% -2.49% - +0.36% +3.01% +4.08%
Change -139.1900 -105.5500 -57.3000 - +8.4000 +69.4500 +93.9700
Level Major Intermediate Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,289.83302,296.86652,300.53322,307.56672,311.23342,318.26692,321.9336
Camarilla2,301.25752,302.23832,303.21922,304.20002,305.18092,306.16172,307.1426
Woodie2,288.14972,296.02482,298.84992,306.72502,309.55012,317.42522,320.2503
Fibonacci2,296.86652,300.95392,303.47922,307.56672,311.65412,314.17942,318.2669


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,110.13322,158.26652,231.23332,279.36662,352.33342,400.46672,473.4335
Camarilla2,270.89752,281.99832,293.09922,304.20002,315.30082,326.40172,337.5025
Woodie2,122.54992,164.47492,243.65002,285.57502,364.75012,406.67512,485.8502
Fibonacci2,158.26652,204.52682,233.10642,279.36662,325.62692,354.20652,400.4667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,847.03331,987.76662,117.33332,258.06662,387.63332,528.36662,657.9333
Camarilla2,172.56742,197.34492,222.12242,246.89992,271.67742,296.45492,321.2324
Woodie1,841.44991,984.97502,111.74992,255.27502,382.04992,525.57502,652.3499
Fibonacci1,987.76662,091.02122,154.81202,258.06662,361.32122,425.11202,528.3666

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): 57.95
MACD (12,26,9): 14.1302
Directional Movement: 16.8378
AROON (14): -50.0000
DEMA (21): 2,319.9075
Parabolic SAR (0,02-0,02-0,2): 2,326.6130
Elder Ray (13): 1.3276
Super Trend (3,10): 2,293.0885
Zig ZAG (10): 2,304.2000
VORTEX (21): 1.4809
Stochastique (14,3,5): 9.75
TEMA (21): 2,318.9986
Williams %R (14): -98.73
Chande Momentum Oscillator (20): -18.9001
Repulse (5,40,3): -0.3150
ROCnROLL: -1
TRIX (15,9): 0.1223
Courbe Coppock: 0.18
MA7: 2,266.1857
MA20: 2,218.5800
MA50: 2,291.7040
MA100: 2,317.9410
MAexp7: 2,307.8400
MAexp20: 2,298.9714
MAexp50: 2,271.1532
MAexp100: 2,255.0775
Price / MA7: +1.68%
Price / MA20: +3.86%
Price / MA50: +0.55%
Price / MA100: -0.59%
Price / MAexp7: -0.16%
Price / MAexp20: +0.23%
Price / MAexp50: +1.46%
Price / MAexp100: +2.18%

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
Londinia AI

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