IBEX MAB ALL SHARE - 1H - Technical analysis published on 04/15/2024 (GMT)
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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%
6%
22%
My opinion
Bullish above 1,798.2000 EUR
My targets
1,819.7000 EUR (+0.58%)
1,829.3000 EUR (+1.11%)
My analysis
The bullish trend is currently very strong on IBEX MAB ALL SHARE. As long as the price remains above the support at 1,798.2000 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,819.7000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,829.3000 EUR as an objective. Crossing it would then enable buyers to target 1,867.1000 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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Additional analysis
Quotes
The IBEX MAB ALL SHARE price is 1,809.2000 EUR. The price registered a decrease of -0.06% on the session and was between 1,808.2000 EUR and 1,810.4000 EUR. This implies that the price is at +0.06% from its lowest and at -0.07% from its highest.1,808.2000
1,810.4000
1,809.2000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IBEX MAB ALL SHARE:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEX MAB ALL SHARE in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,776.7000 | 1,785.1334 | 1,798.2000 | 1,809.2000 | 1,819.7000 | 1,829.3000 | 1,867.1000 |
| Change (%) | -1.80% | -1.33% | -0.61% | - | +0.58% | +1.11% | +3.20% |
| Change | -32.5000 | -24.0666 | -11.0000 | - | +10.5000 | +20.1000 | +57.9000 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,773.4667 | 1,782.9333 | 1,796.5667 | 1,806.0333 | 1,819.6667 | 1,829.1333 | 1,842.7667 |
| Camarilla | 1,803.8475 | 1,805.9650 | 1,808.0825 | 1,810.2000 | 1,812.3175 | 1,814.4350 | 1,816.5525 |
| Woodie | 1,775.5500 | 1,783.9750 | 1,798.6500 | 1,807.0750 | 1,821.7500 | 1,830.1750 | 1,844.8500 |
| Fibonacci | 1,782.9333 | 1,791.7575 | 1,797.2091 | 1,806.0333 | 1,814.8575 | 1,820.3091 | 1,829.1333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,707.9333 | 1,738.2667 | 1,774.2333 | 1,804.5667 | 1,840.5333 | 1,870.8667 | 1,906.8333 |
| Camarilla | 1,791.9675 | 1,798.0450 | 1,804.1225 | 1,810.2000 | 1,816.2775 | 1,822.3550 | 1,828.4325 |
| Woodie | 1,710.7500 | 1,739.6750 | 1,777.0500 | 1,805.9750 | 1,843.3500 | 1,872.2750 | 1,909.6500 |
| Fibonacci | 1,738.2667 | 1,763.5933 | 1,779.2401 | 1,804.5667 | 1,829.8933 | 1,845.5401 | 1,870.8667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,638.6000 | 1,671.2000 | 1,726.6000 | 1,759.2000 | 1,814.6000 | 1,847.2000 | 1,902.6000 |
| Camarilla | 1,757.8000 | 1,765.8667 | 1,773.9333 | 1,782.0000 | 1,790.0667 | 1,798.1333 | 1,806.2000 |
| Woodie | 1,650.0000 | 1,676.9000 | 1,738.0000 | 1,764.9000 | 1,826.0000 | 1,852.9000 | 1,914.0000 |
| Fibonacci | 1,671.2000 | 1,704.8160 | 1,725.5840 | 1,759.2000 | 1,792.8160 | 1,813.5840 | 1,847.2000 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.78 | |
| MACD (12,26,9): | 2.5764 | |
| Directional Movement: | -0.7160 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1,806.1203 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,787.9063 | |
| Elder Ray (13): | 4.0094 | |
| Super Trend (3,10): | 1,794.9956 | |
| Zig ZAG (10): | 1,809.2000 | |
| VORTEX (21): | 1.1193 | |
| Stochastique (14,3,5): | 84.20 | |
| TEMA (21): | 1,810.0462 | |
| Williams %R (14): | -20.59 | |
| Chande Momentum Oscillator (20): | 17.6000 | |
| Repulse (5,40,3): | -0.0120 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0009 | |
| Courbe Coppock: | 2.04 |
| MA7: | 1,805.3857 | |
| MA20: | 1,784.8600 | |
| MA50: | 1,744.2040 | |
| MA100: | 1,740.0020 | |
| MAexp7: | 1,808.8494 | |
| MAexp20: | 1,804.2098 | |
| MAexp50: | 1,802.4711 | |
| MAexp100: | 1,795.6589 | |
| Price / MA7: | +0.21% | |
| Price / MA20: | +1.36% | |
| Price / MA50: | +3.73% | |
| Price / MA100: | +3.98% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.75% |
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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