IBEX SMALL C - 1H - Technical analysis published on 07/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
67%
6%
28%
My opinion
Neutral between 7,669.3000 EUR and 7,824.9500 EUR
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 7,669.3000 EUR. The first resistance is located at 7,824.9500 EUR. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by IBEX SMALL C.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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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Additional analysis
Quotes
IBEX SMALL C rating 7,791.2002 EUR. The price is lower by -0.01% since the last closing and was between 7,774.6001 EUR and 7,798.2998 EUR. This implies that the price is at +0.21% from its lowest and at -0.09% from its highest.7,774.6001
7,798.2998
7,791.2002
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBEX SMALL C indicates that the overall trend is not clearly defined. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,206.8500 | 6,918.3000 | 7,669.3000 | 7,791.2002 | 7,824.9500 | 7,959.0000 | 8,093.6000 |
| Change (%) | -20.34% | -11.20% | -1.56% | - | +0.43% | +2.15% | +3.88% |
| Change | -1,584.3502 | -872.9002 | -121.9002 | - | +33.7498 | +167.7998 | +302.3998 |
| Level | Major | Minor | Major | - | Intermediate | Major | Minor |
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 | 7,698.1997 | 7,726.7998 | 7,759.5000 | 7,788.1001 | 7,820.8003 | 7,849.4004 | 7,882.1006 |
| Camarilla | 7,775.3426 | 7,780.9618 | 7,786.5810 | 7,792.2002 | 7,797.8194 | 7,803.4386 | 7,809.0578 |
| Woodie | 7,700.2498 | 7,727.8248 | 7,761.5501 | 7,789.1251 | 7,822.8504 | 7,850.4254 | 7,884.1507 |
| Fibonacci | 7,726.7998 | 7,750.2165 | 7,764.6834 | 7,788.1001 | 7,811.5168 | 7,825.9837 | 7,849.4004 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,586.3669 | 7,649.0335 | 7,731.2668 | 7,793.9334 | 7,876.1667 | 7,938.8333 | 8,021.0666 |
| Camarilla | 7,773.6525 | 7,786.9350 | 7,800.2175 | 7,813.5000 | 7,826.7825 | 7,840.0650 | 7,853.3475 |
| Woodie | 7,596.1502 | 7,653.9252 | 7,741.0501 | 7,798.8251 | 7,885.9500 | 7,943.7250 | 8,030.8499 |
| Fibonacci | 7,649.0335 | 7,704.3853 | 7,738.5817 | 7,793.9334 | 7,849.2852 | 7,883.4816 | 7,938.8333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,412.2334 | 7,156.2666 | 7,569.2334 | 8,313.2666 | 8,726.2334 | 9,470.2666 | 9,883.2334 |
| Camarilla | 7,664.0252 | 7,770.0835 | 7,876.1419 | 7,982.2002 | 8,088.2585 | 8,194.3169 | 8,300.3752 |
| Woodie | 6,246.7002 | 7,073.5000 | 7,403.7002 | 8,230.5000 | 8,560.7002 | 9,387.5000 | 9,717.7002 |
| Fibonacci | 7,156.2666 | 7,598.2406 | 7,871.2926 | 8,313.2666 | 8,755.2406 | 9,028.2926 | 9,470.2666 |
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): | 49.85 | |
| MACD (12,26,9): | -4.6373 | |
| Directional Movement: | 3.6390 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 7,785.9758 | |
| Parabolic SAR (0,02-0,02-0,2): | 7,759.0196 | |
| Elder Ray (13): | 15.7154 | |
| Super Trend (3,10): | 7,847.1233 | |
| Zig ZAG (10): | 7,792.2002 | |
| VORTEX (21): | 0.8976 | |
| Stochastique (14,3,5): | 53.63 | |
| TEMA (21): | 7,778.5406 | |
| Williams %R (14): | -39.73 | |
| Chande Momentum Oscillator (20): | 6.3003 | |
| Repulse (5,40,3): | 0.0234 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0101 | |
| Courbe Coppock: | 0.81 |
| MA7: | 7,789.5001 | |
| MA20: | 7,804.6800 | |
| MA50: | 8,251.5360 | |
| MA100: | 8,321.5220 | |
| MAexp7: | 7,787.7232 | |
| MAexp20: | 7,791.3214 | |
| MAexp50: | 7,791.2797 | |
| MAexp100: | 7,802.4398 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | -5.58% | |
| Price / MA100: | -6.37% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | -0.14% |
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.
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