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 - Daily - Technical analysis published on 07/10/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

11%

56%

My opinion

Bearish under 13,611.1000 EUR

My targets

12,716.0000 EUR (-4.52%)

12,325.9000 EUR (-7.45%)

My analysis

The bearish trend is currently very strong for IBEX MEDIUM. As long as the price remains below the resistance at 13,611.1000 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 12,716.0000 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,325.9000 EUR as an objective. Crossing it would then enable sellers to target 11,730.0000 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.4

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 MEDIUM rating is 13,318.0000 EUR. The price has increased by +0.00% since the last closing and was between 13,297.9004 EUR and 13,369.5996 EUR. This implies that the price is at +0.15% from its lowest and at -0.39% from its highest.

13,297.9004

13,369.5996

13,318.0000

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of IBEX MEDIUM in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

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

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,325.9000	12,716.0000	13,229.4000	13,318.0000	13,611.1000	13,822.6000	14,209.2000
Change (%)	-7.45%	-4.52%	-0.67%	-	+2.20%	+3.79%	+6.69%
Change	-992.1000	-602.0000	-88.6000	-	+293.1000	+504.6000	+891.2000
Level	Major	Intermediate	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,187.3679	13,217.1341	13,267.7673	13,297.5335	13,348.1667	13,377.9329	13,428.5661
Camarilla	13,296.2906	13,303.6605	13,311.0305	13,318.4004	13,325.7704	13,333.1403	13,340.5102
Woodie	13,197.8013	13,222.3509	13,278.2007	13,302.7503	13,358.6001	13,383.1497	13,438.9995
Fibonacci	13,217.1341	13,247.8467	13,266.8210	13,297.5335	13,328.2461	13,347.2204	13,377.9329

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,963.5007	13,105.2005	13,211.8005	13,353.5003	13,460.1003	13,601.8001	13,708.4001
Camarilla	13,250.1180	13,272.8788	13,295.6396	13,318.4004	13,341.1612	13,363.9220	13,386.6829
Woodie	12,945.9507	13,096.4256	13,194.2505	13,344.7254	13,442.5503	13,593.0252	13,690.8501
Fibonacci	13,105.2005	13,200.0511	13,258.6498	13,353.5003	13,448.3509	13,506.9496	13,601.8001

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,467.5000	12,755.2002	13,065.0000	13,352.7002	13,662.5000	13,950.2002	14,260.0000
Camarilla	13,210.4873	13,265.2581	13,320.0290	13,374.7998	13,429.5706	13,484.3415	13,539.1123
Woodie	12,478.5498	12,760.7251	13,076.0498	13,358.2251	13,673.5498	13,955.7251	14,271.0498
Fibonacci	12,755.2002	12,983.4452	13,124.4552	13,352.7002	13,580.9452	13,721.9552	13,950.2002

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):	46.86
MACD (12,26,9):	-30.3625
Directional Movement:	-9.4375
AROON (14):	35.7143
DEMA (21):	13,310.0343
Parabolic SAR (0,02-0,02-0,2):	13,161.8900
Elder Ray (13):	-6.9204
Super Trend (3,10):	13,504.0879
Zig ZAG (10):	13,316.2998
VORTEX (21):	0.8899
Stochastique (14,3,5):	54.02
TEMA (21):	13,316.7582
Williams %R (14):	-39.47
Chande Momentum Oscillator (20):	44.7002
Repulse (5,40,3):	-0.2625
ROCnROLL:	2
TRIX (15,9):	-0.0425
Courbe Coppock:	1.04

MA7:	13,377.3715
MA20:	13,353.3000
MA50:	13,425.6980
MA100:	13,558.1480
MAexp7:	13,335.6254
MAexp20:	13,354.9937
MAexp50:	13,420.2712
MAexp100:	13,427.2913
Price / MA7:	-0.44%
Price / MA20:	-0.26%
Price / MA50:	-0.80%
Price / MA100:	-1.77%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.28%
Price / MAexp50:	-0.76%
Price / MAexp100:	-0.81%

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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