IBA

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IBAB
ISIN:	BE0003766806

IBA - Daily - Technical analysis published on 02/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 9.87 EUR

My targets

11.78 EUR (+8.67%)

13.37 EUR (+23.34%)

My analysis

The basic trend is currently slightly bullish on IBA and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 9.87 EUR, purchases could be favourable. The first bullish objective would be the resistance located at 11.78 EUR. Then the price could move towards 13.37 EUR. Then 14.75 EUR by extension. A return under the support to 9.87 EUR could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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

3.6

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.

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Additional analysis

Quotes

The IBA price is 10.84 EUR. On the day, this instrument gained +4.63% and was between 10.50 EUR and 11.08 EUR. This implies that the price is at +3.24% from its lowest and at -2.17% from its highest.

10.50

11.08

10.84

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on IBA were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of IBA in Daily shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.39	9.87	10.72	10.84	11.78	13.37	14.75
Change (%)	-22.60%	-8.95%	-1.11%	-	+8.67%	+23.34%	+36.07%
Change	-2.45	-0.97	-0.12	-	+0.94	+2.53	+3.91
Level	Major	Major	Intermediate	-	Major	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.95	10.23	10.53	10.81	11.11	11.39	11.69
Camarilla	10.68	10.73	10.79	10.84	10.89	10.95	11.00
Woodie	9.97	10.24	10.55	10.82	11.13	11.40	11.71
Fibonacci	10.23	10.45	10.59	10.81	11.03	11.17	11.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.57	9.71	9.93	10.07	10.29	10.43	10.65
Camarilla	10.04	10.07	10.11	10.14	10.17	10.21	10.24
Woodie	9.60	9.73	9.96	10.09	10.32	10.45	10.68
Fibonacci	9.71	9.85	9.94	10.07	10.21	10.30	10.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.37	9.29	9.93	10.85	11.49	12.41	13.05
Camarilla	10.13	10.27	10.42	10.56	10.70	10.85	10.99
Woodie	8.22	9.22	9.78	10.78	11.34	12.34	12.90
Fibonacci	9.29	9.89	10.26	10.85	11.45	11.82	12.41

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):	57.52
MACD (12,26,9):	-0.1500
Directional Movement:	13.29
AROON (14):	35.71
DEMA (21):	10.25
Parabolic SAR (0,02-0,02-0,2):	9.86
Elder Ray (13):	0.41
Super Trend (3,10):	9.86
Zig ZAG (10):	10.84
VORTEX (21):	0.8600
Stochastique (14,3,5):	53.86
TEMA (21):	10.15
Williams %R (14):	-19.67
Chande Momentum Oscillator (20):	0.36
Repulse (5,40,3):	3.7500
ROCnROLL:	1
TRIX (15,9):	-0.2700
Courbe Coppock:	5.93

MA7:	10.20
MA20:	10.41
MA50:	10.75
MA100:	10.23
MAexp7:	10.36
MAexp20:	10.46
MAexp50:	10.61
MAexp100:	10.92
Price / MA7:	+6.27%
Price / MA20:	+4.13%
Price / MA50:	+0.84%
Price / MA100:	+5.96%
Price / MAexp7:	+4.63%
Price / MAexp20:	+3.63%
Price / MAexp50:	+2.17%
Price / MAexp100:	-0.73%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

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

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

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