IBERDROLA - Daily - Technical analysis published on 10/31/2024 (GMT)
- 116
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
6%
56%
39%
My opinion
Bullish above 13.505 EUR
My targets
14.175 EUR (+3.09%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on IBERDROLA. As long as you are above the support located at 13.505 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 14.175 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 13.505 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6
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 13.750 EUR. The price registered a decrease of -0.07% on the session and was traded between 13.675 EUR and 13.820 EUR over the period. The price is currently at +0.55% from its lowest and -0.51% from its highest.13.675
13.820
13.750
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this Daily chart of IBERDROLA indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 11.493 | 12.020 | 13.505 | 13.750 | 14.175 |
| Change (%) | -16.41% | -12.58% | -1.78% | - | +3.09% |
| Change | -2.257 | -1.730 | -0.245 | - | +0.425 |
| Level | Minor | Intermediate | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.552 | 13.653 | 13.707 | 13.808 | 13.862 | 13.963 | 14.017 |
| Camarilla | 13.717 | 13.732 | 13.746 | 13.760 | 13.774 | 13.788 | 13.803 |
| Woodie | 13.528 | 13.641 | 13.683 | 13.796 | 13.838 | 13.951 | 13.993 |
| Fibonacci | 13.653 | 13.713 | 13.749 | 13.808 | 13.868 | 13.904 | 13.963 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.132 | 13.383 | 13.667 | 13.918 | 14.202 | 14.453 | 14.737 |
| Camarilla | 13.803 | 13.852 | 13.901 | 13.950 | 13.999 | 14.048 | 14.097 |
| Woodie | 13.148 | 13.391 | 13.683 | 13.926 | 14.218 | 14.461 | 14.753 |
| Fibonacci | 13.383 | 13.588 | 13.714 | 13.918 | 14.123 | 14.249 | 14.453 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.983 | 12.377 | 13.133 | 13.527 | 14.283 | 14.677 | 15.433 |
| Camarilla | 13.574 | 13.679 | 13.785 | 13.890 | 13.995 | 14.101 | 14.206 |
| Woodie | 12.165 | 12.468 | 13.315 | 13.618 | 14.465 | 14.768 | 15.615 |
| Fibonacci | 12.377 | 12.816 | 13.087 | 13.527 | 13.966 | 14.237 | 14.677 |
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): | 49.59 | |
| MACD (12,26,9): | 0.1040 | |
| Directional Movement: | -1.346 | |
| AROON (14): | 28.571 | |
| DEMA (21): | 14.017 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.250 | |
| Elder Ray (13): | -0.143 | |
| Super Trend (3,10): | 13.502 | |
| Zig ZAG (10): | 13.765 | |
| VORTEX (21): | 0.9770 | |
| Stochastique (14,3,5): | 36.25 | |
| TEMA (21): | 13.924 | |
| Williams %R (14): | -78.40 | |
| Chande Momentum Oscillator (20): | -0.295 | |
| Repulse (5,40,3): | -1.0070 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1610 | |
| Courbe Coppock: | 2.55 |
| MA7: | 13.934 | |
| MA20: | 13.863 | |
| MA50: | 13.534 | |
| MA100: | 12.772 | |
| MAexp7: | 13.886 | |
| MAexp20: | 13.847 | |
| MAexp50: | 13.495 | |
| MAexp100: | 12.955 | |
| Price / MA7: | -1.32% | |
| Price / MA20: | -0.82% | |
| Price / MA50: | +1.60% | |
| Price / MA100: | +7.66% | |
| Price / MAexp7: | -0.98% | |
| Price / MAexp20: | -0.70% | |
| Price / MAexp50: | +1.89% | |
| Price / MAexp100: | +6.14% |
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:
- Havfram awarded contract by Iberdrola for Windanker project
- Havfram awarded contract by Iberdrola for Windanker project
- IBERDROLA NOW USING GENERAC GRID SERVICES' CONCERTO™ TO SUPPORT GRID STABILITY
- Massive Shareholder Support for Management of AVANGRID’s Parent Company Iberdrola in a Record Year for the Company
- Ernest Moniz Presents World Jurist Association Medal of Honor to Ignacio Galán, Executive Chairman of Iberdrola and Chairman of AVANGRID
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis IBERDROLA - Daily