IBEX INVX5 - 1H - Technical analysis published on 09/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,200.8000 EUR
My targets
1,277.5000 EUR (+2.00%)
1,303.1000 EUR (+4.04%)
My analysis
The bullish trend is currently very strong on IBEX INVX5. As long as the price remains above the support at 1,200.8000 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,277.5000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,303.1000 EUR as an objective. Crossing it would then enable buyers to target 1,573.1000 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
IBEX INVX5 rating 1,252.5000 EUR. On the day, this instrument gained +8.82% and was between 1,180.7000 EUR and 1,284.6000 EUR. This implies that the price is at +6.08% from its lowest and at -2.50% from its highest.1,180.7000
1,284.6000
1,252.5000
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.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBEX INVX5 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1,048.4000 | 1,111.6000 | 1,200.8000 | 1,252.5000 | 1,303.1000 | 1,573.1000 | 5,190.0300 |
| Change (%) | -16.30% | -11.25% | -4.13% | - | +4.04% | +25.60% | +314.37% |
| Change | -204.1000 | -140.9000 | -51.7000 | - | +50.6000 | +320.6000 | +3,937.5300 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | Intermediate |
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 | 967.6667 | 1,007.1333 | 1,079.0667 | 1,118.5333 | 1,190.4667 | 1,229.9333 | 1,301.8667 |
| Camarilla | 1,120.3650 | 1,130.5767 | 1,140.7883 | 1,151.0000 | 1,161.2117 | 1,171.4233 | 1,181.6350 |
| Woodie | 983.9000 | 1,015.2500 | 1,095.3000 | 1,126.6500 | 1,206.7000 | 1,238.0500 | 1,318.1000 |
| Fibonacci | 1,007.1333 | 1,049.6881 | 1,075.9785 | 1,118.5333 | 1,161.0881 | 1,187.3785 | 1,229.9333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 559.9000 | 672.1000 | 862.6000 | 974.8000 | 1,165.3000 | 1,277.5000 | 1,468.0000 |
| Camarilla | 969.8575 | 997.6050 | 1,025.3525 | 1,053.1000 | 1,080.8475 | 1,108.5950 | 1,136.3425 |
| Woodie | 599.0500 | 691.6750 | 901.7500 | 994.3750 | 1,204.4500 | 1,297.0750 | 1,507.1500 |
| Fibonacci | 672.1000 | 787.7314 | 859.1686 | 974.8000 | 1,090.4314 | 1,161.8686 | 1,277.5000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 404.4667 | 507.5333 | 703.3667 | 806.4333 | 1,002.2667 | 1,105.3333 | 1,301.1667 |
| Camarilla | 817.0025 | 844.4017 | 871.8008 | 899.2000 | 926.5992 | 953.9983 | 981.3975 |
| Woodie | 450.8500 | 530.7250 | 749.7500 | 829.6250 | 1,048.6500 | 1,128.5250 | 1,347.5500 |
| Fibonacci | 507.5333 | 621.7131 | 692.2535 | 806.4333 | 920.6131 | 991.1535 | 1,105.3333 |
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): | 77.46 | |
| MACD (12,26,9): | 57.7370 | |
| Directional Movement: | 36.1482 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1,202.4021 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,101.1904 | |
| Elder Ray (13): | 104.4490 | |
| Super Trend (3,10): | 1,141.2825 | |
| Zig ZAG (10): | 1,279.4000 | |
| VORTEX (21): | 1.1761 | |
| Stochastique (14,3,5): | 93.77 | |
| TEMA (21): | 1,218.5760 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 179.0000 | |
| Repulse (5,40,3): | 7.3429 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6372 | |
| Courbe Coppock: | 19.27 |
| MA7: | 1,041.6286 | |
| MA20: | 912.6150 | |
| MA50: | 818.2040 | |
| MA100: | 800.9510 | |
| MAexp7: | 1,197.9588 | |
| MAexp20: | 1,129.2330 | |
| MAexp50: | 1,038.4211 | |
| MAexp100: | 961.3047 | |
| Price / MA7: | +20.24% | |
| Price / MA20: | +37.24% | |
| Price / MA50: | +53.08% | |
| Price / MA100: | +56.38% | |
| Price / MAexp7: | +4.55% | |
| Price / MAexp20: | +10.92% | |
| Price / MAexp50: | +20.62% | |
| Price / MAexp100: | +30.29% |
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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