IBEX MEDIUM

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	INDC
ISIN:	ES0SI0000013

IBEX MEDIUM - Daily - Technical analysis published on 08/01/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 13,471.8000 EUR

My targets

14,050.3000 EUR (+2.68%)

14,209.2000 EUR (+3.84%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEX MEDIUM as long as the price remains well above 13,471.8000 EUR. The buyers' bullish objective is set at 14,050.3000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,209.2000 EUR. If there is any crossing, the next objective would be the resistance located at 15,767.7000 EUR.

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

6.6

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

IBEX MEDIUM rating 13,683.0996 EUR. The price registered a decrease of -0.03% on the session and was between 13,665.7998 EUR and 13,727.4004 EUR. This implies that the price is at +0.13% from its lowest and at -0.32% from its highest.

13,665.7998

13,727.4004

13,683.0996

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.

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of this Daily chart of IBEX MEDIUM indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish 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 shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,716.0000	13,010.3000	13,471.8000	13,683.0996	13,793.6000	14,050.3000	14,209.2000
Change (%)	-7.07%	-4.92%	-1.54%	-	+0.81%	+2.68%	+3.84%
Change	-967.0996	-672.7996	-211.2996	-	+110.5004	+367.2004	+526.1004
Level	Minor	Major	Major	-	Major	Minor	Major

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	13,571.4661	13,627.2331	13,656.8665	13,712.6335	13,742.2669	13,798.0339	13,827.6673
Camarilla	13,663.0149	13,670.8433	13,678.6716	13,686.5000	13,694.3284	13,702.1567	13,709.9851
Woodie	13,558.3994	13,620.6997	13,643.7998	13,706.1001	13,729.2002	13,791.5005	13,814.6006
Fibonacci	13,627.2331	13,659.8560	13,680.0105	13,712.6335	13,745.2564	13,765.4109	13,798.0339

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,928.4675	13,146.7337	13,453.0671	13,671.3333	13,977.6667	14,195.9329	14,502.2663
Camarilla	13,615.1355	13,663.2238	13,711.3121	13,759.4004	13,807.4887	13,855.5770	13,903.6653
Woodie	12,972.5010	13,168.7505	13,497.1006	13,693.3501	14,021.7002	14,217.9497	14,546.2998
Fibonacci	13,146.7337	13,347.1308	13,470.9363	13,671.3333	13,871.7304	13,995.5359	14,195.9329

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,683.0345	12,964.9675	13,325.7337	13,607.6667	13,968.4329	14,250.3659	14,611.1321
Camarilla	13,509.7577	13,568.6718	13,627.5859	13,686.5000	13,745.4141	13,804.3282	13,863.2423
Woodie	12,722.4512	12,984.6758	13,365.1504	13,627.3750	14,007.8496	14,270.0742	14,650.5488
Fibonacci	12,964.9675	13,210.4786	13,362.1556	13,607.6667	13,853.1778	14,004.8548	14,250.3659

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):	60.08
MACD (12,26,9):	90.8180
Directional Movement:	12.6670
AROON (14):	57.1428
DEMA (21):	13,651.2198
Parabolic SAR (0,02-0,02-0,2):	13,491.1794
Elder Ray (13):	92.9949
Super Trend (3,10):	13,411.9983
Zig ZAG (10):	13,688.2002
VORTEX (21):	1.1041
Stochastique (14,3,5):	72.08
TEMA (21):	13,735.8161
Williams %R (14):	-31.75
Chande Momentum Oscillator (20):	323.1992
Repulse (5,40,3):	0.2133
ROCnROLL:	1
TRIX (15,9):	0.0617
Courbe Coppock:	4.74

MA7:	13,690.3431
MA20:	13,495.9850
MA50:	13,433.6400
MA100:	13,503.1310
MAexp7:	13,671.5777
MAexp20:	13,549.9430
MAexp50:	13,487.6894
MAexp100:	13,458.7514
Price / MA7:	-0.05%
Price / MA20:	+1.39%
Price / MA50:	+1.86%
Price / MA100:	+1.33%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.98%
Price / MAexp50:	+1.45%
Price / MAexp100:	+1.67%

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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