IBERDROLA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IBE
ISIN:	ES0144580Y14

IBERDROLA - 1H - Technical analysis published on 06/11/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

39%

44%

17%

My opinion

Bearish under 12.196 EUR

My targets

11.970 EUR (-1.16%)

11.832 EUR (-2.30%)

My analysis

In the short term, we can see an acceleration in the bearish trend on IBERDROLA, which is a positive signal for sellers. As long as the price remains above 12.196 EUR, a sale could be considered. The first bearish objective is located at 11.970 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 11.832 EUR as an objective. Crossing it would then enable sellers to target 11.085 EUR. If the price were to return above 12.196 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The IBERDROLA price is 12.110 EUR. On the day, this instrument lost -0.45% with the lowest point at 12.090 EUR and the highest point at 12.275 EUR. The deviation from the price is +0.17% for the low point and -1.34% for the high point.

12.090

12.275

12.110

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

Opening Gap UP

Type : Bullish

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of IBERDROLA in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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 horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.925	11.970	12.070	12.110	12.196	12.240	12.360
Change (%)	-1.53%	-1.16%	-0.33%	-	+0.71%	+1.07%	+2.06%
Change	-0.185	-0.140	-0.040	-	+0.086	+0.130	+0.250
Level	Intermediate	Minor	Intermediate	-	Minor	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.952	11.998	12.082	12.128	12.212	12.258	12.342
Camarilla	12.129	12.141	12.153	12.165	12.177	12.189	12.201
Woodie	11.970	12.008	12.100	12.138	12.230	12.268	12.360
Fibonacci	11.998	12.048	12.079	12.128	12.178	12.209	12.258

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.698	11.902	12.038	12.242	12.378	12.582	12.718
Camarilla	12.082	12.113	12.144	12.175	12.206	12.237	12.269
Woodie	11.665	11.885	12.005	12.225	12.345	12.565	12.685
Fibonacci	11.902	12.032	12.112	12.242	12.372	12.452	12.582

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.660	11.080	11.590	12.010	12.520	12.940	13.450
Camarilla	11.844	11.930	12.015	12.100	12.185	12.271	12.356
Woodie	10.705	11.103	11.635	12.033	12.565	12.963	13.495
Fibonacci	11.080	11.435	11.655	12.010	12.365	12.585	12.940

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):	37.15
MACD (12,26,9):	-0.0430
Directional Movement:	-6.142
AROON (14):	64.285
DEMA (21):	12.109
Parabolic SAR (0,02-0,02-0,2):	12.065
Elder Ray (13):	-0.037
Super Trend (3,10):	12.274
Zig ZAG (10):	12.105
VORTEX (21):	0.8060
Stochastique (14,3,5):	31.88
TEMA (21):	12.083
Williams %R (14):	-73.91
Chande Momentum Oscillator (20):	-0.070
Repulse (5,40,3):	-0.5450
ROCnROLL:	2
TRIX (15,9):	-0.0570
Courbe Coppock:	1.17

MA7:	12.247
MA20:	12.211
MA50:	11.793
MA100:	11.365
MAexp7:	12.126
MAexp20:	12.165
MAexp50:	12.205
MAexp100:	12.190
Price / MA7:	-1.12%
Price / MA20:	-0.83%
Price / MA50:	+2.69%
Price / MA100:	+6.56%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.45%
Price / MAexp50:	-0.78%
Price / MAexp100:	-0.66%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on IBERDROLA. 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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