IBEXX5 NET - 1H - Technical analysis published on 01/24/2023 (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%
0%
17%
My opinion
Bullish above 287.7600 EUR
My targets
298.9000 EUR (+1.01%)
304.8333 EUR (+3.02%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEXX5 NET as long as the price remains well above 287.7600 EUR. The buyers' bullish objective is set at 298.9000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 304.8333 EUR. If there is any crossing, the next objective would be the resistance located at 322.4000 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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Additional analysis
Quotes
IBEXX5 NET rating 295.9000 EUR. On the day, this instrument gained +1.82% with the lowest point at 284.3000 EUR and the highest point at 296.0000 EUR. The deviation from the price is +4.08% for the low point and -0.03% for the high point.284.3000
296.0000
295.9000
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IBEXX5 NET chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
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:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 256.6780 | 274.4000 | 287.7600 | 295.9000 | 298.9000 | 322.4000 | 1,315.5000 |
| Change (%) | -13.26% | -7.27% | -2.75% | - | +1.01% | +8.96% | +344.58% |
| Change | -39.2220 | -21.5000 | -8.1400 | - | +3.0000 | +26.5000 | +1,019.6000 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 274.5000 | 279.8000 | 285.2000 | 290.5000 | 295.9000 | 301.2000 | 306.6000 |
| Camarilla | 287.6575 | 288.6383 | 289.6192 | 290.6000 | 291.5808 | 292.5617 | 293.5425 |
| Woodie | 274.5500 | 279.8250 | 285.2500 | 290.5250 | 295.9500 | 301.2250 | 306.6500 |
| Fibonacci | 279.8000 | 283.8874 | 286.4126 | 290.5000 | 294.5874 | 297.1126 | 301.2000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.0333 | 238.2667 | 262.4333 | 280.6667 | 304.8333 | 323.0667 | 347.2333 |
| Camarilla | 274.9400 | 278.8267 | 282.7133 | 286.6000 | 290.4867 | 294.3733 | 298.2600 |
| Woodie | 223.0000 | 239.7500 | 265.4000 | 282.1500 | 307.8000 | 324.5500 | 350.2000 |
| Fibonacci | 238.2667 | 254.4635 | 264.4699 | 280.6667 | 296.8635 | 306.8699 | 323.0667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.6000 | 147.2000 | 169.7000 | 196.3000 | 218.8000 | 245.4000 | 267.9000 |
| Camarilla | 178.6975 | 183.1983 | 187.6992 | 192.2000 | 196.7008 | 201.2017 | 205.7025 |
| Woodie | 118.5500 | 146.1750 | 167.6500 | 195.2750 | 216.7500 | 244.3750 | 265.8500 |
| Fibonacci | 147.2000 | 165.9562 | 177.5438 | 196.3000 | 215.0562 | 226.6438 | 245.4000 |
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): | 62.94 | |
| MACD (12,26,9): | 2.4231 | |
| Directional Movement: | 11.3595 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 291.1263 | |
| Parabolic SAR (0,02-0,02-0,2): | 283.1771 | |
| Elder Ray (13): | 3.1326 | |
| Super Trend (3,10): | 280.7226 | |
| Zig ZAG (10): | 293.5000 | |
| VORTEX (21): | 1.1180 | |
| Stochastique (14,3,5): | 60.67 | |
| TEMA (21): | 291.7576 | |
| Williams %R (14): | -13.00 | |
| Chande Momentum Oscillator (20): | 4.6000 | |
| Repulse (5,40,3): | 0.8140 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1233 | |
| Courbe Coppock: | 1.71 |
| MA7: | 284.4143 | |
| MA20: | 252.7950 | |
| MA50: | 220.3440 | |
| MA100: | 184.9200 | |
| MAexp7: | 290.1060 | |
| MAexp20: | 287.9810 | |
| MAexp50: | 283.4211 | |
| MAexp100: | 273.2681 | |
| Price / MA7: | +4.04% | |
| Price / MA20: | +17.05% | |
| Price / MA50: | +34.29% | |
| Price / MA100: | +60.02% | |
| Price / MAexp7: | +2.00% | |
| Price / MAexp20: | +2.75% | |
| Price / MAexp50: | +4.40% | |
| Price / MAexp100: | +8.28% |
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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