IBEX X3 - 1H - Technical analysis published on 11/01/2023 (GMT)
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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
67%
6%
28%
My opinion
Bullish above 468.9000 EUR
My targets
483.5385 EUR (+1.48%)
500.0000 EUR (+4.93%)
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 468.9000 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 483.5385 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 500.0000 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 508.6200 EUR. Beware of a possible return to under the support located at 468.9000 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
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IBEX X3 rating 476.5000 EUR. The price registered an increase of +1.60% on the session and was between 466.2000 EUR and 480.8000 EUR. This implies that the price is at +2.21% from its lowest and at -0.89% from its highest.466.2000
480.8000
476.5000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IBEX X3 chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 350.1636 | 448.4000 | 458.4000 | 476.5000 | 483.5385 | 500.0000 | 508.6200 |
| Change (%) | -26.51% | -5.90% | -3.80% | - | +1.48% | +4.93% | +6.74% |
| Change | -126.3364 | -28.1000 | -18.1000 | - | +7.0385 | +23.5000 | +32.1200 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 439.8667 | 449.9333 | 459.4667 | 469.5333 | 479.0667 | 489.1333 | 498.6667 |
| Camarilla | 463.6100 | 465.4067 | 467.2033 | 469.0000 | 470.7967 | 472.5933 | 474.3900 |
| Woodie | 439.6000 | 449.8000 | 459.2000 | 469.4000 | 478.8000 | 489.0000 | 498.4000 |
| Fibonacci | 449.9333 | 457.4205 | 462.0461 | 469.5333 | 477.0205 | 481.6461 | 489.1333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 419.1000 | 433.7000 | 444.0000 | 458.6000 | 468.9000 | 483.5000 | 493.8000 |
| Camarilla | 447.4525 | 449.7350 | 452.0175 | 454.3000 | 456.5825 | 458.8650 | 461.1475 |
| Woodie | 416.9500 | 432.6250 | 441.8500 | 457.5250 | 466.7500 | 482.4250 | 491.6500 |
| Fibonacci | 433.7000 | 443.2118 | 449.0882 | 458.6000 | 468.1118 | 473.9882 | 483.5000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 321.0333 | 384.6667 | 426.8333 | 490.4667 | 532.6333 | 596.2667 | 638.4333 |
| Camarilla | 439.9050 | 449.6033 | 459.3017 | 469.0000 | 478.6983 | 488.3967 | 498.0950 |
| Woodie | 310.3000 | 379.3000 | 416.1000 | 485.1000 | 521.9000 | 590.9000 | 627.7000 |
| Fibonacci | 384.6667 | 425.0823 | 450.0511 | 490.4667 | 530.8823 | 555.8511 | 596.2667 |
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): | 58.13 | |
| MACD (12,26,9): | 2.5325 | |
| Directional Movement: | 3.2223 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 475.4187 | |
| Parabolic SAR (0,02-0,02-0,2): | 465.4296 | |
| Elder Ray (13): | 2.7206 | |
| Super Trend (3,10): | 462.1565 | |
| Zig ZAG (10): | 477.0000 | |
| VORTEX (21): | 1.0444 | |
| Stochastique (14,3,5): | 84.91 | |
| TEMA (21): | 476.5160 | |
| Williams %R (14): | -25.16 | |
| Chande Momentum Oscillator (20): | 4.4000 | |
| Repulse (5,40,3): | 0.9214 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0677 | |
| Courbe Coppock: | 0.54 |
| MA7: | 465.5143 | |
| MA20: | 490.2600 | |
| MA50: | 523.1180 | |
| MA100: | 539.8030 | |
| MAexp7: | 475.2746 | |
| MAexp20: | 471.9985 | |
| MAexp50: | 470.2427 | |
| MAexp100: | 476.5161 | |
| Price / MA7: | +2.36% | |
| Price / MA20: | -2.81% | |
| Price / MA50: | -8.91% | |
| Price / MA100: | -11.73% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +0.95% | |
| Price / MAexp50: | +1.33% | |
| Price / MAexp100: | +0.00% |
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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