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 - 1H - Technical analysis published on 04/03/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bullish

Technical indicators

28%

39%

33%

My opinion

Neutral between 13,187.8390 EUR and 13,442.0250 EUR

My targets

My analysis

The current short-term bearish trend is in contrast to the bullish trend. IBEX MEDIUM is apparently trying to reverse the trend. The return to a neutral and then bearish trend should not be long in coming if the current decline continues. What is currently happening on IBEX MEDIUM basics that the price is plunging so much? In such a situation, it would be feasible to stay away from IBEX MEDIUM or not try to counterbalance this current drop in the short term. If there is a sale, the sellers could use the support located at 13,187.8390 EUR as an objective. Sellers could then target the support located at 13,062.6800 EUR. If there is any crossing, the next objective would be support 13,009.5000 EUR. Attention should be paid to the price reaction at the start of the supports as trend traders may consider resuming purchases if the basic trend has not been able to ease or if the short term has itself become excessive.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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 13,318.0996 EUR. On the day, this instrument lost -0.21% and was traded between 13,267.0000 EUR and 13,376.9004 EUR over the period. The price is currently at +0.39% from its lowest and -0.44% from its highest.

13,267.0000

13,376.9004

13,318.0996

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

A study of price movements over other periods shows the following variations:

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 1H chart of IBEX MEDIUM indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that this trend could quickly be called into question. A phase of indecision or a reversal of the trend could occur. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13,009.5000	13,062.6800	13,187.8390	13,318.0996	13,442.0250	13,544.7000	13,643.1000
Change (%)	-2.32%	-1.92%	-0.98%	-	+0.93%	+1.70%	+2.44%
Change	-308.5996	-255.4196	-130.2606	-	+123.9254	+226.6004	+325.0004
Level	Minor	Major	Major	-	Intermediate	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	13,080.6673	13,213.5339	13,279.9671	13,412.8337	13,479.2669	13,612.1335	13,678.5667
Camarilla	13,291.5930	13,309.8621	13,328.1313	13,346.4004	13,364.6696	13,382.9387	13,401.2079
Woodie	13,047.4507	13,196.9256	13,246.7505	13,396.2254	13,446.0503	13,595.5252	13,645.3501
Fibonacci	13,213.5339	13,289.6664	13,336.7011	13,412.8337	13,488.9662	13,536.0009	13,612.1335

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,853.0671	12,980.7337	13,219.8669	13,347.5335	13,586.6667	13,714.3333	13,953.4665
Camarilla	13,358.1301	13,391.7534	13,425.3767	13,459.0000	13,492.6233	13,526.2466	13,559.8700
Woodie	12,908.8003	13,008.6004	13,275.6001	13,375.4002	13,642.3999	13,742.2000	14,009.1997
Fibonacci	12,980.7337	13,120.8513	13,207.4160	13,347.5335	13,487.6511	13,574.2158	13,714.3333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,576.5664	12,759.5332	13,109.2666	13,292.2334	13,641.9668	13,824.9336	14,174.6670
Camarilla	13,312.5075	13,361.3383	13,410.1692	13,459.0000	13,507.8309	13,556.6617	13,605.4926
Woodie	12,659.9497	12,801.2249	13,192.6499	13,333.9251	13,725.3501	13,866.6253	14,258.0503
Fibonacci	12,759.5332	12,963.0247	13,088.7419	13,292.2334	13,495.7249	13,621.4421	13,824.9336

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):	44.61
MACD (12,26,9):	-11.8630
Directional Movement:	-7.1464
AROON (14):	-57.1429
DEMA (21):	13,352.2000
Parabolic SAR (0,02-0,02-0,2):	13,347.8775
Elder Ray (13):	-19.0225
Super Trend (3,10):	13,419.5863
Zig ZAG (10):	13,330.0996
VORTEX (21):	0.8820
Stochastique (14,3,5):	21.74
TEMA (21):	13,306.3904
Williams %R (14):	-73.61
Chande Momentum Oscillator (20):	-153.8994
Repulse (5,40,3):	-0.0044
ROCnROLL:	-1
TRIX (15,9):	0.0043
Courbe Coppock:	2.19

MA7:	13,307.0572
MA20:	13,155.0350
MA50:	13,185.9780
MA100:	13,239.1080
MAexp7:	13,325.2993
MAexp20:	13,356.3939
MAexp50:	13,319.5985
MAexp100:	13,249.8551
Price / MA7:	+0.08%
Price / MA20:	+1.24%
Price / MA50:	+1.00%
Price / MA100:	+0.60%
Price / MAexp7:	-0.05%
Price / MAexp20:	-0.29%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.52%

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 AI

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