IBERDROLA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IBE
ISIN:	ES0144580Y14

IBERDROLA - Daily - Technical analysis published on 02/28/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 10.621 EUR

My targets

11.336 EUR (+4.00%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBERDROLA as long as the price remains well above 10.621 EUR. The buyers' bullish objective is set at 11.336 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.5

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

IBERDROLA rating 10.900 EUR. The price registered a decrease of -0.09% on the session and was between 10.820 EUR and 10.905 EUR. This implies that the price is at +0.74% from its lowest and at -0.05% from its highest.

10.820

10.905

10.900

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by IBERDROLA:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of IBERDROLA in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	9.553	10.215	10.621	10.900	10.927	11.336
Change (%)	-12.36%	-6.28%	-2.56%	-	+0.25%	+4.00%
Change	-1.347	-0.685	-0.279	-	+0.027	+0.436
Level	Minor	Minor	Major	-	Major	Minor

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	10.817	10.863	10.887	10.933	10.957	11.003	11.027
Camarilla	10.891	10.897	10.904	10.910	10.916	10.923	10.929
Woodie	10.805	10.858	10.875	10.928	10.945	10.998	11.015
Fibonacci	10.863	10.890	10.907	10.933	10.960	10.977	11.003

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.615	10.730	10.810	10.925	11.005	11.120	11.200
Camarilla	10.836	10.854	10.872	10.890	10.908	10.926	10.944
Woodie	10.598	10.721	10.793	10.916	10.988	11.111	11.183
Fibonacci	10.730	10.805	10.851	10.925	11.000	11.046	11.120

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.334	10.520	10.632	10.818	10.930	11.116	11.228
Camarilla	10.663	10.690	10.718	10.745	10.772	10.800	10.827
Woodie	10.298	10.502	10.596	10.800	10.894	11.098	11.192
Fibonacci	10.520	10.634	10.704	10.818	10.932	11.002	11.116

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):	56.83
MACD (12,26,9):	0.0410
Directional Movement:	-1.550
AROON (14):	50.000
DEMA (21):	10.889
Parabolic SAR (0,02-0,02-0,2):	10.794
Elder Ray (13):	-0.005
Super Trend (3,10):	10.553
Zig ZAG (10):	10.890
VORTEX (21):	1.0040
Stochastique (14,3,5):	72.17
TEMA (21):	10.906
Williams %R (14):	-29.13
Chande Momentum Oscillator (20):	0.275
Repulse (5,40,3):	0.0050
ROCnROLL:	1
TRIX (15,9):	0.0290
Courbe Coppock:	4.01

MA7:	10.919
MA20:	10.799
MA50:	10.809
MA100:	10.494
MAexp7:	10.895
MAexp20:	10.843
MAexp50:	10.761
MAexp100:	10.599
Price / MA7:	-0.17%
Price / MA20:	+0.94%
Price / MA50:	+0.84%
Price / MA100:	+3.87%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.53%
Price / MAexp50:	+1.29%
Price / MAexp100:	+2.84%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on IBERDROLA 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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Londinia AI

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