IBA
IBA
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: IBAB
ISIN: BE0003766806

IBA - 1H - Technical analysis published on 03/27/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 12.64 EUR
My targets
13.37 EUR (+4.78%)
14.14 EUR (+10.82%)
My analysis
IBA 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 12.64 EUR. The next resistance located at 13.37 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 14.14 EUR. After this resistance, buyers could then target 14.69 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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:
Daily Weekly

Additional analysis

Quotes

The IBA rating is 12.76 EUR. On the day, this instrument gained +6.33% and was traded between 12.02 EUR and 12.82 EUR over the period. The price is currently at +6.16% from its lowest and -0.47% from its highest.

12.02
12.82
12.76

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 for higher/lower results shows the following items:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this IBA chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.78 12.30 12.64 12.76 13.37 14.14 14.69
Change (%) -7.68% -3.61% -0.94% - +4.78% +10.82% +15.13%
Change -0.98 -0.46 -0.12 - +0.61 +1.38 +1.93
Level Major Minor Minor - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.3711.6711.8312.1312.2912.5912.75
Camarilla11.8711.9211.9612.0012.0412.0812.13
Woodie11.3111.6411.7712.1012.2312.5612.69
Fibonacci11.6711.8411.9512.1312.3012.4112.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.0910.5511.4911.9512.8913.3514.29
Camarilla12.0412.1612.2912.4212.5512.6812.81
Woodie10.3210.6711.7212.0713.1213.4714.52
Fibonacci10.5511.0911.4211.9512.4912.8213.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.978.148.749.9110.5111.6812.28
Camarilla8.859.029.189.349.509.679.83
Woodie6.698.008.469.7710.2311.5412.00
Fibonacci8.148.829.239.9110.5911.0011.68

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): 67.41
MACD (12,26,9): 0.0900
Directional Movement: -2.28
AROON (14): 28.57
DEMA (21): 12.42
Parabolic SAR (0,02-0,02-0,2): 12.00
Elder Ray (13): 0.07
Super Trend (3,10): 12.03
Zig ZAG (10): 12.76
VORTEX (21): 0.9100
Stochastique (14,3,5): 91.50
TEMA (21): 12.41
Williams %R (14): -6.98
Chande Momentum Oscillator (20): 0.52
Repulse (5,40,3): 6.5200
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 0.02
MA7: 12.15
MA20: 11.15
MA50: 10.59
MA100: 10.72
MAexp7: 12.44
MAexp20: 12.31
MAexp50: 12.12
MAexp100: 11.76
Price / MA7: +5.02%
Price / MA20: +14.44%
Price / MA50: +20.49%
Price / MA100: +19.03%
Price / MAexp7: +2.57%
Price / MAexp20: +3.66%
Price / MAexp50: +5.28%
Price / MAexp100: +8.50%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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