INDRA A

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IDR
ISIN:	ES0118594417

INDRA A - Daily - Technical analysis published on 10/27/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 8.630 EUR

My targets

9.073 EUR (+3.34%)

9.491 EUR (+8.10%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INDRA A as long as the price remains well above 8.630 EUR. The buyers' bullish objective is set at 9.073 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.491 EUR. If there is any crossing, the next objective would be the resistance located at 10.344 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

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.

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Additional analysis

Quotes

The INDRA A price is 8.780 EUR. On the day, this instrument lost -0.17% with the lowest point at 8.755 EUR and the highest point at 8.925 EUR. The deviation from the price is +0.29% for the low point and -1.62% for the high point.

8.755

8.925

8.780

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this INDRA A chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals 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, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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 resistance of channel

Type : Bearish

Timeframe : Daily

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

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.453	8.076	8.630	8.780	9.073	9.491	10.344
Change (%)	-15.11%	-8.02%	-1.71%	-	+3.34%	+8.10%	+17.81%
Change	-1.327	-0.704	-0.150	-	+0.293	+0.711	+1.564
Level	Major	Major	Major	-	Minor	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.455	8.565	8.680	8.790	8.905	9.015	9.130
Camarilla	8.733	8.754	8.774	8.795	8.816	8.836	8.857
Woodie	8.458	8.566	8.683	8.791	8.908	9.016	9.133
Fibonacci	8.565	8.651	8.704	8.790	8.876	8.929	9.015

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.437	7.723	8.267	8.553	9.097	9.383	9.927
Camarilla	8.582	8.658	8.734	8.810	8.886	8.962	9.038
Woodie	7.565	7.788	8.395	8.618	9.225	9.448	10.055
Fibonacci	7.723	8.040	8.236	8.553	8.870	9.066	9.383

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.562	7.038	7.447	7.923	8.332	8.808	9.217
Camarilla	7.612	7.693	7.774	7.855	7.936	8.017	8.098
Woodie	6.528	7.021	7.413	7.906	8.298	8.791	9.183
Fibonacci	7.038	7.376	7.585	7.923	8.261	8.470	8.808

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):	66.57
MACD (12,26,9):	0.2200
Directional Movement:	18.403
AROON (14):	92.857
DEMA (21):	8.618
Parabolic SAR (0,02-0,02-0,2):	8.414
Elder Ray (13):	0.326
Super Trend (3,10):	8.134
Zig ZAG (10):	8.770
VORTEX (21):	1.1830
Stochastique (14,3,5):	91.45
TEMA (21):	8.859
Williams %R (14):	-11.92
Chande Momentum Oscillator (20):	1.050
Repulse (5,40,3):	1.6370
ROCnROLL:	1
TRIX (15,9):	0.2310
Courbe Coppock:	23.08

MA7:	8.784
MA20:	8.224
MA50:	8.089
MA100:	8.629
MAexp7:	8.693
MAexp20:	8.381
MAexp50:	8.305
MAexp100:	8.546
Price / MA7:	-0.05%
Price / MA20:	+6.76%
Price / MA50:	+8.54%
Price / MA100:	+1.75%
Price / MAexp7:	+1.00%
Price / MAexp20:	+4.76%
Price / MAexp50:	+5.72%
Price / MAexp100:	+2.74%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on INDRA A 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.

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