IBEX MEDIUM

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDC
ISIN:	ES0SI0000013

IBEX MEDIUM - 1H - Technical analysis published on 05/22/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

17%

44%

39%

My opinion

Neutral between 13,472.8000 EUR and 13,573.1000 EUR

My targets

My analysis

There is no basic trend on IBEX MEDIUM and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 13,573.1000 EUR. The nearest support is located at 13,472.8000 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.

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

IBEX MEDIUM rating 13,529.7998 EUR. The price is lower by -0.02% since the last closing and was traded between 13,512.5000 EUR and 13,582.0000 EUR over the period. The price is currently at +0.13% from its lowest and -0.38% from its highest.

13,512.5000

13,582.0000

13,529.7998

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

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this IBEX MEDIUM chart shows a neutral trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13,250.6000	13,318.6000	13,472.8000	13,529.7998	13,573.1000	13,637.3000	13,709.0000
Change (%)	-2.06%	-1.56%	-0.42%	-	+0.32%	+0.79%	+1.32%
Change	-279.1998	-211.1998	-56.9998	-	+43.3002	+107.5002	+179.2002
Level	Major	Major	Intermediate	-	Major	Intermediate	Intermediate

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	13,386.2341	13,431.9671	13,482.1335	13,527.8665	13,578.0329	13,623.7659	13,673.9323
Camarilla	13,505.9275	13,514.7182	13,523.5090	13,532.2998	13,541.0906	13,549.8814	13,558.6721
Woodie	13,388.4507	13,433.0755	13,484.3501	13,528.9749	13,580.2495	13,624.8743	13,676.1489
Fibonacci	13,431.9671	13,468.6007	13,491.2330	13,527.8665	13,564.5001	13,587.1324	13,623.7659

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,099.8008	13,208.1006	13,370.2002	13,478.5000	13,640.5996	13,748.8994	13,910.9990
Camarilla	13,457.9400	13,482.7266	13,507.5132	13,532.2998	13,557.0864	13,581.8730	13,606.6596
Woodie	13,126.7007	13,221.5506	13,397.1001	13,491.9500	13,667.4995	13,762.3494	13,937.8989
Fibonacci	13,208.1006	13,311.3932	13,375.2074	13,478.5000	13,581.7926	13,645.6068	13,748.8994

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,673.1338	12,997.1670	13,229.2334	13,553.2666	13,785.3330	14,109.3662	14,341.4326
Camarilla	13,308.3724	13,359.3482	13,410.3240	13,461.2998	13,512.2756	13,563.2514	13,614.2272
Woodie	12,627.1504	12,974.1753	13,183.2500	13,530.2749	13,739.3496	14,086.3745	14,295.4492
Fibonacci	12,997.1670	13,209.5971	13,340.8366	13,553.2666	13,765.6967	13,896.9362	14,109.3662

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):	49.66
MACD (12,26,9):	10.5334
Directional Movement:	1.7652
AROON (14):	50.0000
DEMA (21):	13,543.1955
Parabolic SAR (0,02-0,02-0,2):	13,572.4245
Elder Ray (13):	-13.5791
Super Trend (3,10):	13,477.9364
Zig ZAG (10):	13,521.0000
VORTEX (21):	0.9287
Stochastique (14,3,5):	31.90
TEMA (21):	13,550.6344
Williams %R (14):	-89.26
Chande Momentum Oscillator (20):	-21.1992
Repulse (5,40,3):	-0.1089
ROCnROLL:	-1
TRIX (15,9):	0.0165
Courbe Coppock:	0.37

MA7:	13,504.0427
MA20:	13,511.3350
MA50:	13,577.0160
MA100:	13,607.9870
MAexp7:	13,535.1728
MAexp20:	13,528.8017
MAexp50:	13,519.6647
MAexp100:	13,523.2975
Price / MA7:	+0.19%
Price / MA20:	+0.14%
Price / MA50:	-0.35%
Price / MA100:	-0.57%
Price / MAexp7:	-0.04%
Price / MAexp20:	+0.01%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.05%

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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