IBEX X3

INDM

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDM
ISIN:	ES0SI0000104

IBEX X3 - 1H - Technical analysis published on 07/12/2023 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

94%

My opinion

Bullish above 556.7670 EUR

My targets

569.3800 EUR (+1.62%)

589.9400 EUR (+5.29%)

My analysis

IBEX X3 is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 556.7670 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 569.3800 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 589.9400 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 605.9550 EUR. Beware of a possible return to under the support located at 556.7670 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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

5.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The IBEX X3 price is 560.3000 EUR. The price has increased by +3.66% since the last closing and was between 542.7000 EUR and 561.7000 EUR. This implies that the price is at +3.24% from its lowest and at -0.25% from its highest.

542.7000

561.7000

560.3000

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of IBEX X3 in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals 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, 17 technical indicators on 18 studied are currently positioned 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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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 this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	534.0500	544.4000	556.7670	560.3000	569.3800	589.9400	605.9550
Change (%)	-4.68%	-2.84%	-0.63%	-	+1.62%	+5.29%	+8.15%
Change	-26.2500	-15.9000	-3.5330	-	+9.0800	+29.6400	+45.6550
Level	Intermediate	Minor	Minor	-	Intermediate	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	510.1333	516.3667	528.4333	534.6667	546.7333	552.9667	565.0333
Camarilla	535.4675	537.1450	538.8225	540.5000	542.1775	543.8550	545.5325
Woodie	513.0500	517.8250	531.3500	536.1250	549.6500	554.4250	567.9500
Fibonacci	516.3667	523.3573	527.6761	534.6667	541.6573	545.9761	552.9667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	404.3667	458.7333	492.7667	547.1333	581.1667	635.5333	669.5667
Camarilla	502.4900	510.5933	518.6967	526.8000	534.9033	543.0067	551.1100
Woodie	394.2000	453.6500	482.6000	542.0500	571.0000	630.4500	659.4000
Fibonacci	458.7333	492.5021	513.3645	547.1333	580.9021	601.7645	635.5333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	443.3000	476.2000	533.0000	565.9000	622.7000	655.6000	712.4000
Camarilla	565.1325	573.3550	581.5775	589.8000	598.0225	606.2450	614.4675
Woodie	455.2500	482.1750	544.9500	571.8750	634.6500	661.5750	724.3500
Fibonacci	476.2000	510.4654	531.6346	565.9000	600.1654	621.3346	655.6000

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):	71.31
MACD (12,26,9):	4.7481
Directional Movement:	28.6287
AROON (14):	100.0000
DEMA (21):	548.2942
Parabolic SAR (0,02-0,02-0,2):	541.2732
Elder Ray (13):	10.6768
Super Trend (3,10):	545.4832
Zig ZAG (10):	559.2000
VORTEX (21):	1.2904
Stochastique (14,3,5):	98.68
TEMA (21):	556.8644
Williams %R (14):	-0.67
Chande Momentum Oscillator (20):	25.9000
Repulse (5,40,3):	1.7914
ROCnROLL:	1
TRIX (15,9):	0.0550
Courbe Coppock:	8.10

MA7:	549.3286
MA20:	558.8050
MA50:	542.3400
MA100:	541.7540
MAexp7:	552.0253
MAexp20:	543.7464
MAexp50:	545.5509
MAexp100:	551.4948
Price / MA7:	+2.00%
Price / MA20:	+0.27%
Price / MA50:	+3.31%
Price / MA100:	+3.42%
Price / MAexp7:	+1.50%
Price / MAexp20:	+3.04%
Price / MAexp50:	+2.70%
Price / MAexp100:	+1.60%

Quotes : - 15 min delayed data - Spain Indices

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

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