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 11/03/2022 (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%

17%

My opinion

Bullish above 8.630 EUR

My targets

9.641 EUR (+5.02%)

10.344 EUR (+12.68%)

My analysis

INDRA A 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 8.630 EUR. The next resistance located at 9.641 EUR is the next bullish target 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 10.344 EUR. After this resistance, buyers could then target 10.913 EUR.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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 INDRA A rating is 9.180 EUR. The price has increased by +0.88% since the last closing and was traded between 9.045 EUR and 9.470 EUR over the period. The price is currently at +1.49% from its lowest and -3.06% from its highest.

9.045

9.470

9.180

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced 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, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.076	8.630	9.073	9.180	9.641	10.344	10.913
Change (%)	-12.03%	-5.99%	-1.17%	-	+5.02%	+12.68%	+18.88%
Change	-1.104	-0.550	-0.107	-	+0.461	+1.164	+1.733
Level	Major	Intermediate	Minor	-	Major	Major	Major

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	8.733	8.847	8.973	9.087	9.213	9.327	9.453
Camarilla	9.034	9.056	9.078	9.100	9.122	9.144	9.166
Woodie	8.740	8.850	8.980	9.090	9.220	9.330	9.460
Fibonacci	8.847	8.938	8.995	9.087	9.178	9.235	9.327

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.408	8.527	8.688	8.807	8.968	9.087	9.248
Camarilla	8.773	8.799	8.824	8.850	8.876	8.901	8.927
Woodie	8.430	8.538	8.710	8.818	8.990	9.098	9.270
Fibonacci	8.527	8.634	8.700	8.807	8.914	8.980	9.087

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.622	7.123	8.087	8.588	9.552	10.053	11.017
Camarilla	8.647	8.781	8.916	9.050	9.184	9.319	9.453
Woodie	6.853	7.239	8.318	8.704	9.783	10.169	11.248
Fibonacci	7.123	7.683	8.029	8.588	9.148	9.494	10.053

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	73.06
MACD (12,26,9):	0.2910
Directional Movement:	24.525
AROON (14):	100.000
DEMA (21):	9.007
Parabolic SAR (0,02-0,02-0,2):	8.880
Elder Ray (13):	0.429
Super Trend (3,10):	8.512
Zig ZAG (10):	9.180
VORTEX (21):	1.1810
Stochastique (14,3,5):	88.28
TEMA (21):	9.240
Williams %R (14):	-19.86
Chande Momentum Oscillator (20):	0.800
Repulse (5,40,3):	-0.7450
ROCnROLL:	1
TRIX (15,9):	0.4110
Courbe Coppock:	25.82

MA7:	9.001
MA20:	8.518
MA50:	8.167
MA100:	8.570
MAexp7:	9.011
MAexp20:	8.663
MAexp50:	8.448
MAexp100:	8.595
Price / MA7:	+1.99%
Price / MA20:	+7.77%
Price / MA50:	+12.40%
Price / MA100:	+7.12%
Price / MAexp7:	+1.88%
Price / MAexp20:	+5.97%
Price / MAexp50:	+8.66%
Price / MAexp100:	+6.81%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on INDRA A 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.

About author

Londinia AI

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