IBEX35 FULL0524 - 1H - Technical analysis published on 06/15/2021 (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
22%
22%
56%
My opinion
Bullish above 9,212 EUR
My targets
9,303 EUR (+0.66%)
9,555 EUR (+3.39%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 9,212 EUR remains possible. It is advisable to trade IBEX35 FULL0621 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 9,212 EUR. The next bullish objective for buyers is set at 9,303 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,555 EUR. If there is any crossing, the next objective would be the resistance located at 10,079 EUR. PS: if there is a bearish break in the support located at 9,212 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IBEX35 FULL0621 price is 9,242 EUR. The price registered a decrease of -0.52% on the session and was traded between 9,228 EUR and 9,318 EUR over the period. The price is currently at +0.15% from its lowest and -0.82% from its highest.9,228
9,318
9,242
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
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 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBEX35 FULL0621 indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
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 | 9,066 | 9,117 | 9,212 | 9,242 | 9,303 | 9,555 | 10,079 |
| Change (%) | -1.90% | -1.35% | -0.32% | - | +0.66% | +3.39% | +9.06% |
| Change | -176 | -125 | -30 | - | +61 | +313 | +837 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,143 | 9,177 | 9,234 | 9,268 | 9,325 | 9,359 | 9,416 |
| Camarilla | 9,265 | 9,273 | 9,282 | 9,290 | 9,298 | 9,307 | 9,315 |
| Woodie | 9,154 | 9,183 | 9,245 | 9,274 | 9,336 | 9,365 | 9,427 |
| Fibonacci | 9,177 | 9,212 | 9,234 | 9,268 | 9,303 | 9,325 | 9,359 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,905 | 8,970 | 9,088 | 9,153 | 9,271 | 9,336 | 9,454 |
| Camarilla | 9,156 | 9,172 | 9,189 | 9,206 | 9,223 | 9,240 | 9,256 |
| Woodie | 8,932 | 8,983 | 9,115 | 9,166 | 9,298 | 9,349 | 9,481 |
| Fibonacci | 8,970 | 9,040 | 9,083 | 9,153 | 9,223 | 9,266 | 9,336 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,366 | 8,558 | 8,842 | 9,034 | 9,318 | 9,510 | 9,794 |
| Camarilla | 8,994 | 9,038 | 9,081 | 9,125 | 9,169 | 9,212 | 9,256 |
| Woodie | 8,411 | 8,581 | 8,887 | 9,057 | 9,363 | 9,533 | 9,839 |
| Fibonacci | 8,558 | 8,740 | 8,853 | 9,034 | 9,216 | 9,329 | 9,510 |
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): | 50.00 | |
| MACD (12,26,9): | 23.0000 | |
| Directional Movement: | 6 | |
| AROON (14): | -14 | |
| DEMA (21): | 9,285 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,318 | |
| Elder Ray (13): | -18 | |
| Super Trend (3,10): | 9,326 | |
| Zig ZAG (10): | 9,242 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 48.00 | |
| TEMA (21): | 9,288 | |
| Williams %R (14): | -83.00 | |
| Chande Momentum Oscillator (20): | -15 | |
| Repulse (5,40,3): | -1.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 9,191 | |
| MA20: | 9,163 | |
| MA50: | 8,907 | |
| MA100: | 8,555 | |
| MAexp7: | 9,267 | |
| MAexp20: | 9,252 | |
| MAexp50: | 9,214 | |
| MAexp100: | 9,188 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +0.86% | |
| Price / MA50: | +3.76% | |
| Price / MA100: | +8.03% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.59% |
Quotes :
-
15 min delayed data
-
Spain Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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