IBA

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	IBAB
ISIN:	BE0003766806

IBA - 1H - Technical analysis published on 03/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 12.64 EUR

My targets

13.37 EUR (+4.78%)

14.14 EUR (+10.82%)

My analysis

IBA 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 12.64 EUR. The next resistance located at 13.37 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 14.14 EUR. After this resistance, buyers could then target 14.69 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

8.2

Comment on the analysis

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.

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Additional analysis

Quotes

The IBA rating is 12.76 EUR. On the day, this instrument gained +6.33% and was traded between 12.02 EUR and 12.82 EUR over the period. The price is currently at +6.16% from its lowest and -0.47% from its highest.

12.02

12.82

12.76

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this IBA chart shows a strongly bullish trend. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.78	12.30	12.64	12.76	13.37	14.14	14.69
Change (%)	-7.68%	-3.61%	-0.94%	-	+4.78%	+10.82%	+15.13%
Change	-0.98	-0.46	-0.12	-	+0.61	+1.38	+1.93
Level	Major	Minor	Minor	-	Intermediate	Minor	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	11.37	11.67	11.83	12.13	12.29	12.59	12.75
Camarilla	11.87	11.92	11.96	12.00	12.04	12.08	12.13
Woodie	11.31	11.64	11.77	12.10	12.23	12.56	12.69
Fibonacci	11.67	11.84	11.95	12.13	12.30	12.41	12.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.09	10.55	11.49	11.95	12.89	13.35	14.29
Camarilla	12.04	12.16	12.29	12.42	12.55	12.68	12.81
Woodie	10.32	10.67	11.72	12.07	13.12	13.47	14.52
Fibonacci	10.55	11.09	11.42	11.95	12.49	12.82	13.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.97	8.14	8.74	9.91	10.51	11.68	12.28
Camarilla	8.85	9.02	9.18	9.34	9.50	9.67	9.83
Woodie	6.69	8.00	8.46	9.77	10.23	11.54	12.00
Fibonacci	8.14	8.82	9.23	9.91	10.59	11.00	11.68

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):	67.41
MACD (12,26,9):	0.0900
Directional Movement:	-2.28
AROON (14):	28.57
DEMA (21):	12.42
Parabolic SAR (0,02-0,02-0,2):	12.00
Elder Ray (13):	0.07
Super Trend (3,10):	12.03
Zig ZAG (10):	12.76
VORTEX (21):	0.9100
Stochastique (14,3,5):	91.50
TEMA (21):	12.41
Williams %R (14):	-6.98
Chande Momentum Oscillator (20):	0.52
Repulse (5,40,3):	6.5200
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	0.02

MA7:	12.15
MA20:	11.15
MA50:	10.59
MA100:	10.72
MAexp7:	12.44
MAexp20:	12.31
MAexp50:	12.12
MAexp100:	11.76
Price / MA7:	+5.02%
Price / MA20:	+14.44%
Price / MA50:	+20.49%
Price / MA100:	+19.03%
Price / MAexp7:	+2.57%
Price / MAexp20:	+3.66%
Price / MAexp50:	+5.28%
Price / MAexp100:	+8.50%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on IBA at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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