IBEX MEDIUM - 1H - Technical analysis published on 04/21/2023 (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 bearish
Underlying:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 13,766.8000 EUR
My targets
13,583.4000 EUR (-0.64%)
13,494.0000 EUR (-1.30%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IBEX MEDIUM as long as the price remains well below 13,766.8000 EUR. The sellers' bearish objective is set at 13,583.4000 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 13,494.0000 EUR. In case of crossing, the next objective would be the support located at 13,351.5000 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IBEX MEDIUM rating is 13,671.2002 EUR. The price is lower by -0.05% since the last closing and was between 13,633.2998 EUR and 13,707.2998 EUR. This implies that the price is at +0.28% from its lowest and at -0.26% from its highest.13,633.2998
13,707.2998
13,671.2002
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IBEX MEDIUM chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13,351.5000 | 13,494.0000 | 13,583.4000 | 13,671.2002 | 13,766.8000 | 13,854.6000 | 14,233.6000 |
| Change (%) | -2.34% | -1.30% | -0.64% | - | +0.70% | +1.34% | +4.11% |
| Change | -319.7002 | -177.2002 | -87.8002 | - | +95.5998 | +183.3998 | +562.3998 |
| Level | Major | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,559.9001 | 13,596.5999 | 13,633.9001 | 13,670.5999 | 13,707.9001 | 13,744.5999 | 13,781.9001 |
| Camarilla | 13,650.8502 | 13,657.6335 | 13,664.4169 | 13,671.2002 | 13,677.9835 | 13,684.7669 | 13,691.5502 |
| Woodie | 13,560.2002 | 13,596.7500 | 13,634.2002 | 13,670.7500 | 13,708.2002 | 13,744.7500 | 13,782.2002 |
| Fibonacci | 13,596.5999 | 13,624.8679 | 13,642.3319 | 13,670.5999 | 13,698.8679 | 13,716.3319 | 13,744.5999 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,333.2334 | 13,483.2666 | 13,577.2334 | 13,727.2666 | 13,821.2334 | 13,971.2666 | 14,065.2334 |
| Camarilla | 13,604.1002 | 13,626.4669 | 13,648.8335 | 13,671.2002 | 13,693.5669 | 13,715.9335 | 13,738.3002 |
| Woodie | 13,305.2002 | 13,469.2500 | 13,549.2002 | 13,713.2500 | 13,793.2002 | 13,957.2500 | 14,037.2002 |
| Fibonacci | 13,483.2666 | 13,576.4746 | 13,634.0586 | 13,727.2666 | 13,820.4746 | 13,878.0586 | 13,971.2666 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,269.6660 | 12,686.1328 | 13,194.5664 | 13,611.0332 | 14,119.4668 | 14,535.9336 | 15,044.3672 |
| Camarilla | 13,448.6524 | 13,533.4349 | 13,618.2175 | 13,703.0000 | 13,787.7825 | 13,872.5651 | 13,957.3476 |
| Woodie | 12,315.6494 | 12,709.1245 | 13,240.5498 | 13,634.0249 | 14,165.4502 | 14,558.9253 | 15,090.3506 |
| Fibonacci | 12,686.1328 | 13,039.4448 | 13,257.7213 | 13,611.0332 | 13,964.3452 | 14,182.6217 | 14,535.9336 |
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): | 41.48 | |
| MACD (12,26,9): | -25.4921 | |
| Directional Movement: | -17.7783 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 13,696.4133 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,641.4004 | |
| Elder Ray (13): | -10.0392 | |
| Super Trend (3,10): | 13,756.7734 | |
| Zig ZAG (10): | 13,699.5996 | |
| VORTEX (21): | 0.7847 | |
| Stochastique (14,3,5): | 29.96 | |
| TEMA (21): | 13,669.5501 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -113.7998 | |
| Repulse (5,40,3): | 0.2716 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0226 | |
| Courbe Coppock: | 1.35 |
| MA7: | 13,745.5428 | |
| MA20: | 13,666.2000 | |
| MA50: | 13,728.9160 | |
| MA100: | 13,456.0870 | |
| MAexp7: | 13,697.2368 | |
| MAexp20: | 13,725.4435 | |
| MAexp50: | 13,738.9608 | |
| MAexp100: | 13,716.0595 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | +0.04% | |
| Price / MA50: | -0.42% | |
| Price / MA100: | +1.60% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -0.33% |
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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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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