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 11/20/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

72%

28%

My opinion

Bullish above 12.83 EUR

My targets

13.80 EUR (+4.55%)

14.05 EUR (+6.44%)

My analysis

IBA is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 12.83 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 13.80 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 14.05 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 14.31 EUR. Beware of a possible return to under the support located at 12.83 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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

4.5

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 rating is 13.20 EUR. The price registered an increase of +5.94% on the session with the lowest point at 12.74 EUR and the highest point at 13.28 EUR. The deviation from the price is +3.61% for the low point and -0.60% for the high point.

12.74

13.28

13.20

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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 study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of IBA in 1H shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.45	12.83	13.14	13.20	13.80	14.05	14.31
Change (%)	-5.68%	-2.80%	-0.45%	-	+4.55%	+6.44%	+8.41%
Change	-0.75	-0.37	-0.06	-	+0.60	+0.85	+1.11
Level	Minor	Intermediate	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	11.91	12.11	12.29	12.49	12.67	12.87	13.05
Camarilla	12.36	12.39	12.43	12.46	12.50	12.53	12.57
Woodie	11.89	12.11	12.27	12.49	12.65	12.87	13.03
Fibonacci	12.11	12.26	12.35	12.49	12.64	12.73	12.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.33	11.97	12.33	12.97	13.33	13.97	14.33
Camarilla	12.43	12.52	12.61	12.70	12.79	12.88	12.98
Woodie	11.20	11.90	12.20	12.90	13.20	13.90	14.20
Fibonacci	11.97	12.35	12.59	12.97	13.35	13.59	13.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.61	11.81	12.75	13.95	14.89	16.09	17.03
Camarilla	13.11	13.31	13.50	13.70	13.90	14.09	14.29
Woodie	10.49	11.75	12.63	13.89	14.77	16.03	16.91
Fibonacci	11.81	12.62	13.13	13.95	14.76	15.27	16.09

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):	67.32
MACD (12,26,9):	-0.0100
Directional Movement:	27.94
AROON (14):	28.57
DEMA (21):	12.64
Parabolic SAR (0,02-0,02-0,2):	12.34
Elder Ray (13):	0.48
Super Trend (3,10):	12.70
Zig ZAG (10):	13.20
VORTEX (21):	0.9700
Stochastique (14,3,5):	71.14
TEMA (21):	12.73
Williams %R (14):	-8.33
Chande Momentum Oscillator (20):	0.62
Repulse (5,40,3):	3.5600
ROCnROLL:	1
TRIX (15,9):	-0.1100
Courbe Coppock:	0.91

MA7:	12.88
MA20:	13.37
MA50:	13.54
MA100:	12.81
MAexp7:	12.79
MAexp20:	12.69
MAexp50:	12.84
MAexp100:	13.07
Price / MA7:	+2.48%
Price / MA20:	-1.27%
Price / MA50:	-2.51%
Price / MA100:	+3.04%
Price / MAexp7:	+3.21%
Price / MAexp20:	+4.02%
Price / MAexp50:	+2.80%
Price / MAexp100:	+0.99%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on IBA at the time of the analysis were as follows:

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

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