IBEXX5 NET - 1H - Technical analysis published on 10/31/2022 (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 bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 162.4000 EUR
My targets
171.9667 EUR (+4.41%)
184.2333 EUR (+11.86%)
My analysis
IBEXX5 NET is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 162.4000 EUR. The next resistance located at 171.9667 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 184.2333 EUR. After this resistance, buyers could then target 245.8600 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IBEXX5 NET rating 164.7000 EUR. The price has increased by +3.13% since the last closing and was traded between 157.1000 EUR and 165.0000 EUR over the period. The price is currently at +4.84% from its lowest and -0.18% from its highest.157.1000
165.0000
164.7000
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IBEXX5 NET in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 141.3000 | 156.3670 | 162.4000 | 164.7000 | 245.8600 | 308.4670 | 358.7000 |
| Change (%) | -14.21% | -5.06% | -1.40% | - | +49.28% | +87.29% | +117.79% |
| Change | -23.4000 | -8.3330 | -2.3000 | - | +81.1600 | +143.7670 | +194.0000 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | 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 | 145.5333 | 148.3667 | 154.0333 | 156.8667 | 162.5333 | 165.3667 | 171.0333 |
| Camarilla | 157.3625 | 158.1417 | 158.9208 | 159.7000 | 160.4792 | 161.2583 | 162.0375 |
| Woodie | 146.9500 | 149.0750 | 155.4500 | 157.5750 | 163.9500 | 166.0750 | 172.4500 |
| Fibonacci | 148.3667 | 151.6137 | 153.6197 | 156.8667 | 160.1137 | 162.1197 | 165.3667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.9667 | 116.2333 | 137.9667 | 150.2333 | 171.9667 | 184.2333 | 205.9667 |
| Camarilla | 150.3500 | 153.4667 | 156.5833 | 159.7000 | 162.8167 | 165.9333 | 169.0500 |
| Woodie | 108.7000 | 118.6000 | 142.7000 | 152.6000 | 176.7000 | 186.6000 | 210.7000 |
| Fibonacci | 116.2333 | 129.2213 | 137.2453 | 150.2333 | 163.2213 | 171.2453 | 184.2333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -21.5333 | 41.6333 | 78.0667 | 141.2333 | 177.6667 | 240.8333 | 277.2667 |
| Camarilla | 87.1100 | 96.2400 | 105.3700 | 114.5000 | 123.6300 | 132.7600 | 141.8900 |
| Woodie | -34.9000 | 34.9500 | 64.7000 | 134.5500 | 164.3000 | 234.1500 | 263.9000 |
| Fibonacci | 41.6333 | 79.6805 | 103.1861 | 141.2333 | 179.2805 | 202.7861 | 240.8333 |
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): | 68.94 | |
| MACD (12,26,9): | 3.5073 | |
| Directional Movement: | 17.7798 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 162.8508 | |
| Parabolic SAR (0,02-0,02-0,2): | 153.8438 | |
| Elder Ray (13): | 3.1591 | |
| Super Trend (3,10): | 154.8938 | |
| Zig ZAG (10): | 164.1000 | |
| VORTEX (21): | 1.2033 | |
| Stochastique (14,3,5): | 91.94 | |
| TEMA (21): | 162.6253 | |
| Williams %R (14): | -4.24 | |
| Chande Momentum Oscillator (20): | 10.0000 | |
| Repulse (5,40,3): | 1.5787 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3265 | |
| Courbe Coppock: | 6.92 |
| MA7: | 150.1000 | |
| MA20: | 132.6300 | |
| MA50: | 151.2300 | |
| MA100: | 175.8900 | |
| MAexp7: | 161.2188 | |
| MAexp20: | 157.9098 | |
| MAexp50: | 150.6301 | |
| MAexp100: | 142.3190 | |
| Price / MA7: | +9.73% | |
| Price / MA20: | +24.18% | |
| Price / MA50: | +8.91% | |
| Price / MA100: | -6.36% | |
| Price / MAexp7: | +2.16% | |
| Price / MAexp20: | +4.30% | |
| Price / MAexp50: | +9.34% | |
| Price / MAexp100: | +15.73% |
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.
About author
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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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