IBERPAPEL

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IBG
ISIN:	ES0147561015

IBERPAPEL - Daily - Technical analysis published on 05/11/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 15.62 EUR

My targets

16.17 EUR (+1.70%)

16.55 EUR (+4.09%)

My analysis

A bullish trend on IBERPAPEL both in substance and in the short term. A purchase could be considered as long as the price remains above 15.62 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 16.17 EUR. Then the price could move towards 16.55 EUR. Then 17.44 EUR by extension. Be careful, a return below 15.62 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

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 IBERPAPEL rating is 15.90 EUR. The price registered a decrease of -1.85% on the session and was traded between 15.75 EUR and 16.25 EUR over the period. The price is currently at +0.95% from its lowest and -2.15% from its highest.

15.75

16.25

15.90

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of IBERPAPEL indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.38	14.59	15.62	15.90	16.17	16.55	17.44
Change (%)	-15.85%	-8.24%	-1.76%	-	+1.70%	+4.09%	+9.69%
Change	-2.52	-1.31	-0.28	-	+0.27	+0.65	+1.54
Level	Intermediate	Major	Intermediate	-	Intermediate	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.62	15.73	15.97	16.08	16.32	16.43	16.67
Camarilla	16.10	16.14	16.17	16.20	16.23	16.26	16.30
Woodie	15.68	15.76	16.03	16.11	16.38	16.46	16.73
Fibonacci	15.73	15.87	15.95	16.08	16.22	16.30	16.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.18	15.42	15.53	15.77	15.88	16.12	16.23
Camarilla	15.55	15.59	15.62	15.65	15.68	15.71	15.75
Woodie	15.13	15.39	15.48	15.74	15.83	16.09	16.18
Fibonacci	15.42	15.55	15.63	15.77	15.90	15.98	16.12

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.40	14.95	15.40	15.95	16.40	16.95	17.40
Camarilla	15.58	15.67	15.76	15.85	15.94	16.03	16.13
Woodie	14.35	14.93	15.35	15.93	16.35	16.93	17.35
Fibonacci	14.95	15.33	15.57	15.95	16.33	16.57	16.95

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):	50.25
MACD (12,26,9):	-0.0300
Directional Movement:	18.58
AROON (14):	7.14
DEMA (21):	15.84
Parabolic SAR (0,02-0,02-0,2):	15.65
Elder Ray (13):	0.14
Super Trend (3,10):	15.23
Zig ZAG (10):	15.90
VORTEX (21):	0.9100
Stochastique (14,3,5):	41.67
TEMA (21):	15.79
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	0.05
Repulse (5,40,3):	-0.0700
ROCnROLL:	1
TRIX (15,9):	-0.0400
Courbe Coppock:	0.85

MA7:	15.82
MA20:	15.86
MA50:	16.03
MA100:	15.30
MAexp7:	15.87
MAexp20:	15.88
MAexp50:	15.79
MAexp100:	15.34
Price / MA7:	+0.51%
Price / MA20:	+0.25%
Price / MA50:	-0.81%
Price / MA100:	+3.92%
Price / MAexp7:	+0.19%
Price / MAexp20:	+0.13%
Price / MAexp50:	+0.70%
Price / MAexp100:	+3.65%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on IBERPAPEL. At the time of publication of this analysis, the latest news was as follows:

Iberpapel Gestion

This member declared not having a position on this financial instrument or a related financial instrument.

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