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 07/26/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

39%

My opinion

Bullish above 12.020 EUR

My targets

12.163 EUR (+0.36%)

12.292 EUR (+1.42%)

My analysis

IBERDROLA 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 12.020 EUR. The next resistance located at 12.163 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 12.292 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

7.7

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 rating is 12.120 EUR. The price is lower by -0.21% since the last closing and was traded between 12.075 EUR and 12.160 EUR over the period. The price is currently at +0.37% from its lowest and -0.33% from its highest.

12.075

12.160

12.120

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

Bearish opening

Type : Bearish

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 results:

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

A technical analysis in 1H of this IBERDROLA chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	11.948	12.020	12.063	12.120	12.166
Change (%)	-1.42%	-0.83%	-0.47%	-	+0.38%
Change	-0.172	-0.100	-0.057	-	+0.046
Level	Minor	Intermediate	Major	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.820	11.895	12.020	12.095	12.220	12.295	12.420
Camarilla	12.090	12.108	12.127	12.145	12.163	12.182	12.200
Woodie	11.845	11.908	12.045	12.108	12.245	12.308	12.445
Fibonacci	11.895	11.971	12.019	12.095	12.171	12.219	12.295

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.287	11.493	11.622	11.828	11.957	12.163	12.292
Camarilla	11.658	11.689	11.719	11.750	11.781	11.811	11.842
Woodie	11.248	11.474	11.583	11.809	11.918	12.144	12.253
Fibonacci	11.493	11.621	11.700	11.828	11.956	12.035	12.163

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.897	11.231	11.499	11.833	12.101	12.435	12.703
Camarilla	11.603	11.658	11.713	11.768	11.823	11.878	11.934
Woodie	10.865	11.215	11.467	11.817	12.069	12.419	12.671
Fibonacci	11.231	11.461	11.603	11.833	12.063	12.205	12.435

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):	66.78
MACD (12,26,9):	0.0840
Directional Movement:	5.075
AROON (14):	85.714
DEMA (21):	12.129
Parabolic SAR (0,02-0,02-0,2):	12.013
Elder Ray (13):	0.033
Super Trend (3,10):	11.940
Zig ZAG (10):	12.125
VORTEX (21):	1.2330
Stochastique (14,3,5):	86.34
TEMA (21):	12.176
Williams %R (14):	-14.93
Chande Momentum Oscillator (20):	0.165
Repulse (5,40,3):	0.3680
ROCnROLL:	1
TRIX (15,9):	0.0950
Courbe Coppock:	4.22

MA7:	11.906
MA20:	11.885
MA50:	11.852
MA100:	11.476
MAexp7:	12.109
MAexp20:	12.023
MAexp50:	11.928
MAexp100:	11.890
Price / MA7:	+1.80%
Price / MA20:	+1.98%
Price / MA50:	+2.26%
Price / MA100:	+5.61%
Price / MAexp7:	+0.09%
Price / MAexp20:	+0.81%
Price / MAexp50:	+1.61%
Price / MAexp100:	+1.93%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on IBERDROLA at the time of the generation of this analysis was as follows:

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

About author

Londinia AI

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