IBEX CAP NET - 1H - Technical analysis published on 12/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 21,733.8000 EUR
My targets
22,203.5000 EUR (+0.83%)
22,394.0000 EUR (+1.69%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on IBEX CAP NET. As long as you are above the support located at 21,733.8000 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 22,203.5000 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 22,394.0000 EUR as an objective. Crossing it would then enable buyers to target 22,485.9000 EUR. If the support 21,733.8000 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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:
Additional analysis
Quotes
The IBEX CAP NET price is 22,021.8008 EUR. The price is lower by -0.02% since the last closing and was traded between 21,933.9004 EUR and 22,140.6992 EUR over the period. The price is currently at +0.40% from its lowest and -0.54% from its highest.21,933.9004
22,140.6992
22,021.8008
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBEX CAP NET indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,573.5000 | 21,733.8000 | 22,012.8000 | 22,021.8008 | 22,203.5000 | 22,394.0000 | 22,485.9000 |
| Change (%) | -2.04% | -1.31% | -0.04% | - | +0.83% | +1.69% | +2.11% |
| Change | -448.3008 | -288.0008 | -9.0008 | - | +181.6992 | +372.1992 | +464.0992 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | 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 | 21,716.7689 | 21,825.3347 | 21,923.5677 | 22,032.1335 | 22,130.3665 | 22,238.9323 | 22,337.1653 |
| Camarilla | 21,964.9311 | 21,983.8877 | 22,002.8442 | 22,021.8008 | 22,040.7574 | 22,059.7139 | 22,078.6705 |
| Woodie | 21,711.6026 | 21,822.7515 | 21,918.4014 | 22,029.5503 | 22,125.2002 | 22,236.3491 | 22,331.9990 |
| Fibonacci | 21,825.3347 | 21,904.3318 | 21,953.1363 | 22,032.1335 | 22,111.1306 | 22,159.9351 | 22,238.9323 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,843.9648 | 21,152.3320 | 21,587.0664 | 21,895.4336 | 22,330.1680 | 22,638.5352 | 23,073.2696 |
| Camarilla | 21,817.4479 | 21,885.5655 | 21,953.6832 | 22,021.8008 | 22,089.9185 | 22,158.0361 | 22,226.1537 |
| Woodie | 20,907.1484 | 21,183.9238 | 21,650.2500 | 21,927.0254 | 22,393.3516 | 22,670.1270 | 23,136.4532 |
| Fibonacci | 21,152.3320 | 21,436.1968 | 21,611.5688 | 21,895.4336 | 22,179.2984 | 22,354.6704 | 22,638.5352 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,489.5339 | 20,101.1673 | 21,163.5339 | 21,775.1673 | 22,837.5339 | 23,449.1673 | 24,511.5339 |
| Camarilla | 21,765.5504 | 21,919.0004 | 22,072.4504 | 22,225.9004 | 22,379.3504 | 22,532.8004 | 22,686.2504 |
| Woodie | 19,714.9004 | 20,213.8506 | 21,388.9004 | 21,887.8506 | 23,062.9004 | 23,561.8506 | 24,736.9004 |
| Fibonacci | 20,101.1673 | 20,740.6353 | 21,135.6993 | 21,775.1673 | 22,414.6353 | 22,809.6993 | 23,449.1673 |
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): | 52.69 | |
| MACD (12,26,9): | 23.4344 | |
| Directional Movement: | 11.6314 | |
| AROON (14): | -35.7142 | |
| DEMA (21): | 22,067.6091 | |
| Parabolic SAR (0,02-0,02-0,2): | 22,118.3518 | |
| Elder Ray (13): | 2.7156 | |
| Super Trend (3,10): | 22,158.6556 | |
| Zig ZAG (10): | 22,040.6992 | |
| VORTEX (21): | 0.9939 | |
| Stochastique (14,3,5): | 36.90 | |
| TEMA (21): | 22,052.5039 | |
| Williams %R (14): | -49.39 | |
| Chande Momentum Oscillator (20): | -21.0996 | |
| Repulse (5,40,3): | 0.1473 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0294 | |
| Courbe Coppock: | 0.60 |
| MA7: | 21,870.5142 | |
| MA20: | 22,043.7750 | |
| MA50: | 21,519.9461 | |
| MA100: | 21,200.7781 | |
| MAexp7: | 22,028.4834 | |
| MAexp20: | 22,026.1819 | |
| MAexp50: | 21,976.2268 | |
| MAexp100: | 21,969.5500 | |
| Price / MA7: | +0.69% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | +2.33% | |
| Price / MA100: | +3.87% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.24% |
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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