IBEXX3 NET
INDR
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDR
ISIN: ES0SI0000179

IBEXX3 NET - Daily - Technical analysis published on 03/21/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
28%
44%
28%
My opinion
Bearish under 7,241.0000 EUR
My targets
6,636.9004 EUR (-2.86%)
6,417.1000 EUR (-6.07%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for IBEXX3 NET as long as the price remains well below 7,241.0000 EUR. The next bearish objective for sellers is set at 6,636.9004 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6,417.1000 EUR. In case of crossing, the next objective would be the support located at 5,330.3000 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 6,636.9004 EUR. With this support, against the trend traders who want to buy IBEXX3 NET on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.9

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. 1H Weekly

Additional analysis

Quotes

The IBEXX3 NET price is 6,832.0000 EUR. On the day, this instrument gained +7.89% with the lowest point at 6,515.7002 EUR and the highest point at 6,873.8999 EUR. The deviation from the price is +4.85% for the low point and -0.61% for the high point.

6,515.7002
6,873.8999
6,832.0000

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by IBEXX3 NET:

Technical


Technical analysis of this Daily chart of IBEXX3 NET indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,330.3000 6,417.1000 6,797.5000 6,832.0000 7,241.0000 7,876.9000 11,189.6000
Change (%) -21.98% -6.07% -0.50% - +5.99% +15.29% +63.78%
Change -1,501.7000 -414.9000 -34.5000 - +409.0000 +1,044.9000 +4,357.6000
Level Major Minor Intermediate - Major 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
Standard5,054.09965,345.19975,838.79986,129.89996,623.50006,914.60017,408.2002
Camarilla6,116.60746,188.53826,260.46916,332.39996,404.33086,476.26166,548.1925
Woodie5,155.34965,395.82475,940.04986,180.52496,724.75006,965.22517,509.4502
Fibonacci5,345.19975,644.95525,830.14446,129.89996,429.65546,614.84466,914.6001


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,074.79955,015.79965,556.19996,497.20007,037.60037,978.60048,519.0007
Camarilla5,689.21505,825.01005,960.80516,096.60016,232.39516,368.19026,503.9852
Woodie3,874.49954,915.64975,355.89996,397.05016,837.30037,878.45058,318.7007
Fibonacci5,015.79965,581.69465,931.30516,497.20007,063.09507,412.70557,978.6004


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,295.60066,636.90047,201.70027,543.00008,107.79988,449.09969,013.8994
Camarilla7,517.32267,600.38177,683.44097,766.50007,849.55917,932.61838,015.6774
Woodie6,407.35066,692.77547,313.45027,598.87508,219.54988,504.97469,125.6494
Fibonacci6,636.90046,983.03057,196.87007,543.00007,889.13018,102.96968,449.0996

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): 47.04
MACD (12,26,9): -197.8147
Directional Movement: -13.4643
AROON (14): -64.2857
DEMA (21): 6,874.4794
Parabolic SAR (0,02-0,02-0,2): 7,302.1936
Elder Ray (13): -211.8498
Super Trend (3,10): 7,597.0744
Zig ZAG (10): 6,846.2002
VORTEX (21): 0.8593
Stochastique (14,3,5): 27.83
TEMA (21): 6,509.7458
Williams %R (14): -51.55
Chande Momentum Oscillator (20): -1,111.1001
Repulse (5,40,3): 3.4868
ROCnROLL: -1
TRIX (15,9): -0.0711
Courbe Coppock: 25.32
MA7: 6,532.9715
MA20: 7,258.0250
MA50: 7,135.7420
MA100: 6,227.8080
MAexp7: 6,673.6487
MAexp20: 7,043.1637
MAexp50: 6,920.0405
MAexp100: 6,435.9808
Price / MA7: +4.58%
Price / MA20: -5.87%
Price / MA50: -4.26%
Price / MA100: +9.70%
Price / MAexp7: +2.37%
Price / MAexp20: -3.00%
Price / MAexp50: -1.27%
Price / MAexp100: +6.15%

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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