IBEXX5 NET - 1H - Technical analysis published on 06/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 344.2000 EUR
My targets
353.0000 EUR (+1.06%)
361.7000 EUR (+3.55%)
My analysis
The basic bullish trend is very strong on IBEXX5 NET but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 344.2000 EUR. Crossing the first resistance at 353.0000 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 361.7000 EUR as an objective. Crossing it would then enable buyers to target 373.7000 EUR. Caution, a return to below 344.2000 EUR would be a sign of a consolidation phase in the short-term basic trend. 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.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IBEXX5 NET rating is 349.3000 EUR. The price has increased by +1.07% since the last closing with the lowest point at 340.0000 EUR and the highest point at 352.4000 EUR. The deviation from the price is +2.74% for the low point and -0.88% for the high point.340.0000
352.4000
349.3000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IBEXX5 NET:
Technical
A technical analysis in 1H of this IBEXX5 NET chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 319.8290 | 328.1780 | 344.2000 | 349.3000 | 353.0000 | 361.7000 | 373.7000 |
| Change (%) | -8.44% | -6.05% | -1.46% | - | +1.06% | +3.55% | +6.99% |
| Change | -29.4710 | -21.1220 | -5.1000 | - | +3.7000 | +12.4000 | +24.4000 |
| Level | Major | Major | Minor | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 321.5667 | 331.7333 | 338.6667 | 348.8333 | 355.7667 | 365.9333 | 372.8667 |
| Camarilla | 340.8975 | 342.4650 | 344.0325 | 345.6000 | 347.1675 | 348.7350 | 350.3025 |
| Woodie | 319.9500 | 330.9250 | 337.0500 | 348.0250 | 354.1500 | 365.1250 | 371.2500 |
| Fibonacci | 331.7333 | 338.2655 | 342.3011 | 348.8333 | 355.3655 | 359.4011 | 365.9333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 268.0000 | 292.3000 | 325.1000 | 349.4000 | 382.2000 | 406.5000 | 439.3000 |
| Camarilla | 342.1975 | 347.4317 | 352.6658 | 357.9000 | 363.1342 | 368.3683 | 373.6025 |
| Woodie | 272.2500 | 294.4250 | 329.3500 | 351.5250 | 386.4500 | 408.6250 | 443.5500 |
| Fibonacci | 292.3000 | 314.1122 | 327.5878 | 349.4000 | 371.2122 | 384.6878 | 406.5000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 203.3000 | 238.7000 | 260.9000 | 296.3000 | 318.5000 | 353.9000 | 376.1000 |
| Camarilla | 267.2600 | 272.5400 | 277.8200 | 283.1000 | 288.3800 | 293.6600 | 298.9400 |
| Woodie | 196.7000 | 235.4000 | 254.3000 | 293.0000 | 311.9000 | 350.6000 | 369.5000 |
| Fibonacci | 238.7000 | 260.7032 | 274.2968 | 296.3000 | 318.3032 | 331.8968 | 353.9000 |
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): | 51.27 | |
| MACD (12,26,9): | 0.2068 | |
| Directional Movement: | 7.5286 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 349.7271 | |
| Parabolic SAR (0,02-0,02-0,2): | 340.7128 | |
| Elder Ray (13): | 0.1007 | |
| Super Trend (3,10): | 358.9027 | |
| Zig ZAG (10): | 348.7000 | |
| VORTEX (21): | 0.9450 | |
| Stochastique (14,3,5): | 55.12 | |
| TEMA (21): | 347.4115 | |
| Williams %R (14): | -49.69 | |
| Chande Momentum Oscillator (20): | -1.7000 | |
| Repulse (5,40,3): | -0.2708 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0203 | |
| Courbe Coppock: | 3.44 |
| MA7: | 343.2429 | |
| MA20: | 322.8350 | |
| MA50: | 321.8900 | |
| MA100: | 320.1730 | |
| MAexp7: | 348.4713 | |
| MAexp20: | 349.1768 | |
| MAexp50: | 345.6419 | |
| MAexp100: | 338.3378 | |
| Price / MA7: | +1.76% | |
| Price / MA20: | +8.20% | |
| Price / MA50: | +8.52% | |
| Price / MA100: | +9.10% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +1.06% | |
| Price / MAexp100: | +3.24% |
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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