IVO 18 ST - 1H - Technical analysis published on 01/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 186.1667 EUR
My targets
193.6333 EUR (+2.02%)
197.3000 EUR (+3.95%)
My analysis
IVO 18 ST is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 186.1667 EUR. The next resistance located at 193.6333 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 197.3000 EUR. After this resistance, buyers could then target 206.1000 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IVO 18 ST rating 189.8000 EUR. The price registered a decrease of -0.05% on the session and was traded between 189.2000 EUR and 190.4000 EUR over the period. The price is currently at +0.32% from its lowest and -0.32% from its highest.189.2000
190.4000
189.8000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IVO 18 ST indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 176.8560 | 179.9570 | 183.2600 | 189.8000 | 189.8600 | 197.3000 | 206.1000 |
| Change (%) | -6.82% | -5.19% | -3.45% | - | +0.03% | +3.95% | +8.59% |
| Change | -12.9440 | -9.8430 | -6.5400 | - | +0.0600 | +7.5000 | +16.3000 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.6333 | 188.3667 | 189.1333 | 189.8667 | 190.6333 | 191.3667 | 192.1333 |
| Camarilla | 189.4875 | 189.6250 | 189.7625 | 189.9000 | 190.0375 | 190.1750 | 190.3125 |
| Woodie | 187.6500 | 188.3750 | 189.1500 | 189.8750 | 190.6500 | 191.3750 | 192.1500 |
| Fibonacci | 188.3667 | 188.9397 | 189.2937 | 189.8667 | 190.4397 | 190.7937 | 191.3667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 171.2333 | 174.9667 | 182.4333 | 186.1667 | 193.6333 | 197.3667 | 204.8333 |
| Camarilla | 186.8200 | 187.8467 | 188.8733 | 189.9000 | 190.9267 | 191.9533 | 192.9800 |
| Woodie | 173.1000 | 175.9000 | 184.3000 | 187.1000 | 195.5000 | 198.3000 | 206.7000 |
| Fibonacci | 174.9667 | 179.2451 | 181.8883 | 186.1667 | 190.4451 | 193.0883 | 197.3667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.8333 | 167.8667 | 172.5333 | 177.5667 | 182.2333 | 187.2667 | 191.9333 |
| Camarilla | 174.5325 | 175.4217 | 176.3108 | 177.2000 | 178.0892 | 178.9783 | 179.8675 |
| Woodie | 162.6500 | 167.7750 | 172.3500 | 177.4750 | 182.0500 | 187.1750 | 191.7500 |
| Fibonacci | 167.8667 | 171.5721 | 173.8613 | 177.5667 | 181.2721 | 183.5613 | 187.2667 |
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): | 63.97 | |
| MACD (12,26,9): | 0.9228 | |
| Directional Movement: | 15.0233 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 190.6055 | |
| Parabolic SAR (0,02-0,02-0,2): | 190.5177 | |
| Elder Ray (13): | 0.0161 | |
| Super Trend (3,10): | 188.6548 | |
| Zig ZAG (10): | 189.7000 | |
| VORTEX (21): | 1.2101 | |
| Stochastique (14,3,5): | 50.54 | |
| TEMA (21): | 190.2329 | |
| Williams %R (14): | -53.33 | |
| Chande Momentum Oscillator (20): | -0.2000 | |
| Repulse (5,40,3): | 0.1226 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0905 | |
| Courbe Coppock: | 0.90 |
| MA7: | 186.4286 | |
| MA20: | 180.8000 | |
| MA50: | 178.0740 | |
| MA100: | 172.2360 | |
| MAexp7: | 189.8183 | |
| MAexp20: | 189.2123 | |
| MAexp50: | 186.8529 | |
| MAexp100: | 184.1606 | |
| Price / MA7: | +1.81% | |
| Price / MA20: | +4.98% | |
| Price / MA50: | +6.58% | |
| Price / MA100: | +10.20% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +1.58% | |
| Price / MAexp100: | +3.06% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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