IBEXX3 NET - Daily - Technical analysis published on 08/04/2023 (GMT)
- 178
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 7,492.2700 EUR and 7,876.9000 EUR
My targets
-
My analysis
The short-term decline on IBEXX3 NET remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 7,492.2700 EUR. The first resistance is located at 7,876.9000 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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
IBEXX3 NET rating 7,710.8999 EUR. On the day, this instrument gained +1.95% with the lowest point at 7,492.8999 EUR and the highest point at 7,720.7998 EUR. The deviation from the price is +2.91% for the low point and -0.13% for the high point.7,492.8999
7,720.7998
7,710.8999
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IBEXX3 NET:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEXX3 NET in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
White morning star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,330.3000 | 6,842.0500 | 7,492.2700 | 7,710.8999 | 7,876.9000 | 8,340.2000 | 10,200.8000 |
| Change (%) | -30.87% | -11.27% | -2.84% | - | +2.15% | +8.16% | +32.29% |
| Change | -2,380.5999 | -868.8499 | -218.6299 | - | +166.0001 | +629.3001 | +2,489.9001 |
| Level | Intermediate | Major | Major | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,334.3667 | 7,413.6333 | 7,562.2666 | 7,641.5332 | 7,790.1665 | 7,869.4331 | 8,018.0664 |
| Camarilla | 7,648.2274 | 7,669.1183 | 7,690.0091 | 7,710.8999 | 7,731.7907 | 7,752.6816 | 7,773.5724 |
| Woodie | 7,369.0501 | 7,430.9750 | 7,596.9500 | 7,658.8749 | 7,824.8499 | 7,886.7748 | 8,052.7498 |
| Fibonacci | 7,413.6333 | 7,500.6911 | 7,554.4754 | 7,641.5332 | 7,728.5910 | 7,782.3753 | 7,869.4331 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,092.5334 | 6,750.9666 | 7,230.9333 | 7,889.3665 | 8,369.3332 | 9,027.7664 | 9,507.7331 |
| Camarilla | 7,397.8399 | 7,502.1933 | 7,606.5466 | 7,710.8999 | 7,815.2532 | 7,919.6066 | 8,023.9599 |
| Woodie | 6,003.3001 | 6,706.3500 | 7,141.7000 | 7,844.7499 | 8,280.0999 | 8,983.1498 | 9,418.4998 |
| Fibonacci | 6,750.9666 | 7,185.8354 | 7,454.4978 | 7,889.3665 | 8,324.2353 | 8,592.8977 | 9,027.7664 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,148.6663 | 6,712.2331 | 7,568.0667 | 8,131.6335 | 8,987.4671 | 9,551.0339 | 10,406.8675 |
| Camarilla | 8,033.5653 | 8,163.6770 | 8,293.7887 | 8,423.9004 | 8,554.0121 | 8,684.1238 | 8,814.2355 |
| Woodie | 6,294.7998 | 6,785.2998 | 7,714.2002 | 8,204.7002 | 9,133.6006 | 9,624.1006 | 10,553.0010 |
| Fibonacci | 6,712.2331 | 7,254.4440 | 7,589.4225 | 8,131.6335 | 8,673.8444 | 9,008.8229 | 9,551.0339 |
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): | 43.95 | |
| MACD (12,26,9): | 24.1459 | |
| Directional Movement: | -12.9864 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 8,060.0023 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,622.1471 | |
| Elder Ray (13): | -384.1826 | |
| Super Trend (3,10): | 8,360.2175 | |
| Zig ZAG (10): | 7,710.8999 | |
| VORTEX (21): | 1.0135 | |
| Stochastique (14,3,5): | 13.14 | |
| TEMA (21): | 7,973.1820 | |
| Williams %R (14): | -76.55 | |
| Chande Momentum Oscillator (20): | -251.5000 | |
| Repulse (5,40,3): | -0.0262 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2065 | |
| Courbe Coppock: | 2.71 |
| MA7: | 8,069.6144 | |
| MA20: | 8,024.5350 | |
| MA50: | 7,792.4820 | |
| MA100: | 7,475.7150 | |
| MAexp7: | 7,909.0650 | |
| MAexp20: | 7,988.2548 | |
| MAexp50: | 7,821.1151 | |
| MAexp100: | 7,509.9923 | |
| Price / MA7: | -4.45% | |
| Price / MA20: | -3.91% | |
| Price / MA50: | -1.05% | |
| Price / MA100: | +3.15% | |
| Price / MAexp7: | -2.51% | |
| Price / MAexp20: | -3.47% | |
| Price / MAexp50: | -1.41% | |
| Price / MAexp100: | +2.68% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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