IBEX SMALL C - 1H - Technical analysis published on 09/27/2022 (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:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 6,918.3000 EUR
My targets
6,724.2000 EUR (-0.81%)
6,457.3997 EUR (-4.75%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IBEX SMALL C as long as the price remains well below 6,918.3000 EUR. The sellers' bearish objective is set at 6,724.2000 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6,457.3997 EUR. In case of crossing, the next objective would be the support located at 6,224.6300 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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 SMALL C rating 6,779.3999 EUR. On the day, this instrument gained +0.00% and was between 6,764.1001 EUR and 6,851.0000 EUR. This implies that the price is at +0.23% from its lowest and at -1.05% from its highest.6,764.1001
6,851.0000
6,779.3999
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
Here is a more detailed summary of the historical variations registered by IBEX SMALL C:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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 strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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 engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,387.0000 | 6,224.6300 | 6,724.2000 | 6,779.3999 | 6,918.3000 | 7,080.2000 | 7,356.4100 |
| Change (%) | -20.54% | -8.18% | -0.81% | - | +2.05% | +4.44% | +8.51% |
| Change | -1,392.3999 | -554.7699 | -55.1999 | - | +138.9001 | +300.8001 | +577.0101 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 6,612.9339 | 6,668.5671 | 6,724.1336 | 6,779.7668 | 6,835.3333 | 6,890.9665 | 6,946.5330 |
| Camarilla | 6,749.1203 | 6,759.3136 | 6,769.5069 | 6,779.7002 | 6,789.8935 | 6,800.0868 | 6,810.2801 |
| Woodie | 6,612.9007 | 6,668.5504 | 6,724.1004 | 6,779.7501 | 6,835.3001 | 6,890.9498 | 6,946.4998 |
| Fibonacci | 6,668.5671 | 6,711.0454 | 6,737.2885 | 6,779.7668 | 6,822.2451 | 6,848.4882 | 6,890.9665 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,096.9997 | 6,457.3997 | 6,637.5998 | 6,997.9998 | 7,178.1999 | 7,538.5999 | 7,718.8000 |
| Camarilla | 6,669.1348 | 6,718.6898 | 6,768.2448 | 6,817.7998 | 6,867.3548 | 6,916.9098 | 6,966.4648 |
| Woodie | 6,006.8997 | 6,412.3497 | 6,547.4998 | 6,952.9498 | 7,088.0999 | 7,493.5499 | 7,628.7000 |
| Fibonacci | 6,457.3997 | 6,663.9090 | 6,791.4906 | 6,997.9998 | 7,204.5091 | 7,332.0907 | 7,538.5999 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,892.2998 | 7,170.2998 | 7,338.2998 | 7,616.2998 | 7,784.2998 | 8,062.2998 | 8,230.2998 |
| Camarilla | 7,383.6498 | 7,424.5331 | 7,465.4165 | 7,506.2998 | 7,547.1831 | 7,588.0665 | 7,628.9498 |
| Woodie | 6,837.2998 | 7,142.7998 | 7,283.2998 | 7,588.7998 | 7,729.2998 | 8,034.7998 | 8,175.2998 |
| Fibonacci | 7,170.2998 | 7,340.6718 | 7,445.9278 | 7,616.2998 | 7,786.6718 | 7,891.9278 | 8,062.2998 |
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): | 32.67 | |
| MACD (12,26,9): | -60.7302 | |
| Directional Movement: | -18.3100 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 6,742.6490 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,746.1384 | |
| Elder Ray (13): | -20.7842 | |
| Super Trend (3,10): | 6,860.0389 | |
| Zig ZAG (10): | 6,769.7998 | |
| VORTEX (21): | 0.7316 | |
| Stochastique (14,3,5): | 50.51 | |
| TEMA (21): | 6,760.4334 | |
| Williams %R (14): | -63.41 | |
| Chande Momentum Oscillator (20): | -5.2998 | |
| Repulse (5,40,3): | -0.5530 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1607 | |
| Courbe Coppock: | 1.18 |
| MA7: | 7,011.0143 | |
| MA20: | 7,290.0600 | |
| MA50: | 7,528.4480 | |
| MA100: | 7,922.0980 | |
| MAexp7: | 6,792.5256 | |
| MAexp20: | 6,832.6701 | |
| MAexp50: | 6,974.6941 | |
| MAexp100: | 7,129.7960 | |
| Price / MA7: | -3.30% | |
| Price / MA20: | -7.00% | |
| Price / MA50: | -9.95% | |
| Price / MA100: | -14.42% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -2.80% | |
| Price / MAexp100: | -4.91% |
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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