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 11/07/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under

My targets

()

My analysis

The bearish trend is currently very strong for IBERDROLA. As long as the price remains below the resistance at , you could try to take advantage of the bearish rally. The first bearish objective is located at . The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at as an objective. Crossing it would then enable sellers to target . Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

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 13.135 EUR. The price is lower by -0.23% since the last closing and was traded between 13.100 EUR and 13.215 EUR over the period. The price is currently at +0.27% from its lowest and -0.61% from its highest.

13.100

13.215

13.135

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of IBERDROLA in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.782	11.493	12.020	13.135	13.295	13.505	13.634
Change (%)	-17.91%	-12.50%	-8.49%	-	+1.22%	+2.82%	+3.80%
Change	-2.353	-1.642	-1.115	-	+0.160	+0.370	+0.499
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.420	12.755	12.960	13.295	13.500	13.835	14.040
Camarilla	13.017	13.066	13.116	13.165	13.215	13.264	13.314
Woodie	12.355	12.723	12.895	13.263	13.435	13.803	13.975
Fibonacci	12.755	12.961	13.089	13.295	13.501	13.629	13.835

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.020	13.315	13.570	13.865	14.120	14.415	14.670
Camarilla	13.674	13.724	13.775	13.825	13.875	13.926	13.976
Woodie	13.000	13.305	13.550	13.855	14.100	14.405	14.650
Fibonacci	13.315	13.525	13.655	13.865	14.075	14.205	14.415

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.325	12.835	13.240	13.750	14.155	14.665	15.070
Camarilla	13.393	13.477	13.561	13.645	13.729	13.813	13.897
Woodie	12.273	12.809	13.188	13.724	14.103	14.639	15.018
Fibonacci	12.835	13.185	13.401	13.750	14.100	14.316	14.665

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):	16.69
MACD (12,26,9):	-0.1690
Directional Movement:	-30.506
AROON (14):	-42.857
DEMA (21):	13.113
Parabolic SAR (0,02-0,02-0,2):	13.247
Elder Ray (13):	-0.098
Super Trend (3,10):	13.388
Zig ZAG (10):	13.125
VORTEX (21):	0.7460
Stochastique (14,3,5):	5.99
TEMA (21):	13.030
Williams %R (14):	-93.52
Chande Momentum Oscillator (20):	-0.330
Repulse (5,40,3):	-0.2240
ROCnROLL:	2
TRIX (15,9):	-0.1660
Courbe Coppock:	7.61

MA7:	13.569
MA20:	13.831
MA50:	13.611
MA100:	12.861
MAexp7:	13.148
MAexp20:	13.326
MAexp50:	13.550
MAexp100:	13.692
Price / MA7:	-3.20%
Price / MA20:	-5.03%
Price / MA50:	-3.50%
Price / MA100:	+2.13%
Price / MAexp7:	-0.10%
Price / MAexp20:	-1.43%
Price / MAexp50:	-3.06%
Price / MAexp100:	-4.07%

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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