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 07/02/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 11.832 EUR

My targets

12.458 EUR (+1.83%)

12.802 EUR (+4.63%)

My analysis

The basic bullish trend is very strong on IBERDROLA but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 11.832 EUR. Crossing the first resistance at 12.458 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 12.802 EUR as an objective. Crossing it would then enable buyers to target 13.078 EUR. Caution, a return to below 11.832 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

6.3

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 12.235 EUR. The price is lower by -0.69% since the last closing with the lowest point at 12.215 EUR and the highest point at 12.290 EUR. The deviation from the price is +0.16% for the low point and -0.45% for the high point.

12.215

12.290

12.235

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

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:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of IBERDROLA indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near support of channel

Type : Bullish

Timeframe : Daily

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

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	10.469	10.947	11.832	12.235	12.380
Change (%)	-14.43%	-10.53%	-3.29%	-	+1.19%
Change	-1.766	-1.288	-0.403	-	+0.145
Level	Major	Minor	Intermediate	-	Major

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	11.993	12.097	12.208	12.312	12.423	12.527	12.638
Camarilla	12.261	12.281	12.300	12.320	12.340	12.359	12.379
Woodie	11.998	12.099	12.213	12.314	12.428	12.529	12.643
Fibonacci	12.097	12.179	12.230	12.312	12.394	12.445	12.527

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.493	11.782	11.948	12.237	12.403	12.692	12.858
Camarilla	11.990	12.032	12.073	12.115	12.157	12.198	12.240
Woodie	11.433	11.751	11.888	12.206	12.343	12.661	12.798
Fibonacci	11.782	11.956	12.063	12.237	12.411	12.518	12.692

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.218	11.562	11.838	12.182	12.458	12.802	13.078
Camarilla	11.945	12.001	12.058	12.115	12.172	12.229	12.286
Woodie	11.185	11.545	11.805	12.165	12.425	12.785	13.045
Fibonacci	11.562	11.799	11.945	12.182	12.419	12.565	12.802

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.49
MACD (12,26,9):	0.0540
Directional Movement:	5.961
AROON (14):	50.000
DEMA (21):	12.271
Parabolic SAR (0,02-0,02-0,2):	12.066
Elder Ray (13):	0.038
Super Trend (3,10):	11.845
Zig ZAG (10):	12.255
VORTEX (21):	0.9900
Stochastique (14,3,5):	52.42
TEMA (21):	12.227
Williams %R (14):	-43.55
Chande Momentum Oscillator (20):	0.130
Repulse (5,40,3):	-0.2930
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.21

MA7:	12.271
MA20:	12.196
MA50:	12.070
MA100:	11.540
MAexp7:	12.235
MAexp20:	12.192
MAexp50:	12.012
MAexp100:	11.735
Price / MA7:	-0.29%
Price / MA20:	+0.32%
Price / MA50:	+1.37%
Price / MA100:	+6.02%
Price / MAexp7:	-0%
Price / MAexp20:	+0.35%
Price / MAexp50:	+1.86%
Price / MAexp100:	+4.26%

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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