IBEX TOP DIV
IBEX TOP DIV
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDD
ISIN: ES0SI0000039

IBEX TOP DIV - 1H - Technical analysis published on 07/24/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2,637.2300 EUR
My targets
2,659.0700 EUR (+0.44%)
2,694.4000 EUR (+1.78%)
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 TOP DIV as long as the price remains well above 2,637.2300 EUR. The buyers' bullish objective is set at 2,659.0700 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,694.4000 EUR. If there is any crossing, the next objective would be the resistance located at 2,803.9300 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
7.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The IBEX TOP DIV price is 2,647.3000 EUR. The price registered an increase of +0.00% on the session and was between 2,610.0000 EUR and 2,647.3000 EUR. This implies that the price is at +1.43% from its lowest and at 0% from its highest.

2,610.0000
2,647.3000
2,647.3000

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

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 Central Records scanner for higher/lower results shows the following items:

Central Records

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 TOP DIV chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

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 2,601.0900 2,628.8000 2,637.2300 2,647.3000 2,648.3000 2,659.0700 2,694.4000
Change (%) -1.75% -0.70% -0.38% - +0.04% +0.44% +1.78%
Change -46.2100 -18.5000 -10.0700 - +1.0000 +11.7700 +47.1000
Level Intermediate Intermediate Intermediate - Minor Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,585.13332,597.56672,622.43332,634.86672,659.73332,672.16672,697.0333
Camarilla2,637.04252,640.46172,643.88082,647.30002,650.71922,654.13832,657.5575
Woodie2,591.35002,600.67502,628.65002,637.97502,665.95002,675.27502,703.2500
Fibonacci2,597.56672,611.81532,620.61812,634.86672,649.11532,657.91812,672.1667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,549.69992,569.60002,608.49992,628.40002,667.29992,687.20002,726.0999
Camarilla2,631.22992,636.61992,642.00992,647.39992,652.78992,658.17992,663.5699
Woodie2,559.19992,574.35002,617.99992,633.15002,676.79992,691.95002,735.5999
Fibonacci2,569.60002,592.06162,605.93842,628.40002,650.86162,664.73842,687.2000


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,466.69992,514.70002,578.79992,626.80002,690.89992,738.90002,802.9999
Camarilla2,612.07242,622.34822,632.62412,642.89992,653.17572,663.45162,673.7274
Woodie2,474.74992,518.72502,586.84992,630.82502,698.94992,742.92502,811.0499
Fibonacci2,514.70002,557.52222,583.97782,626.80002,669.62222,696.07782,738.9000

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 60.21
MACD (12,26,9): 4.0748
Directional Movement: 5.7902
AROON (14): -7.1428
DEMA (21): 2,644.7846
Parabolic SAR (0,02-0,02-0,2): 2,613.1860
Elder Ray (13): 4.4573
Super Trend (3,10): 2,626.2825
Zig ZAG (10): 2,645.8000
VORTEX (21): 1.0944
Stochastique (14,3,5): 91.76
TEMA (21): 2,643.8609
Williams %R (14): -4.49
Chande Momentum Oscillator (20): 3.4001
Repulse (5,40,3): 0.3037
ROCnROLL: 1
TRIX (15,9): 0.0250
Courbe Coppock: 0.29
MA7: 2,623.9714
MA20: 2,617.6650
MA50: 2,611.5020
MA100: 2,605.5480
MAexp7: 2,642.4076
MAexp20: 2,638.9035
MAexp50: 2,630.0709
MAexp100: 2,622.4501
Price / MA7: +0.89%
Price / MA20: +1.13%
Price / MA50: +1.37%
Price / MA100: +1.60%
Price / MAexp7: +0.19%
Price / MAexp20: +0.32%
Price / MAexp50: +0.66%
Price / MAexp100: +0.95%

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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