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 12/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 9.641 EUR

My targets

10.913 EUR (+5.75%)

12.649 EUR (+22.57%)

My analysis

The bullish trend is currently very strong on INDRA A. As long as the price remains above the support at 9.641 EUR, you could try to benefit from the boom. The first bullish objective is located at 10.913 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.649 EUR as an objective. Crossing it would then enable buyers to target 14.149 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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

7.3

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.

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Additional analysis

Quotes

The INDRA A rating is 10.320 EUR. On the day, this instrument gained +0.39% and was between 10.220 EUR and 10.400 EUR. This implies that the price is at +0.98% from its lowest and at -0.77% from its highest.

10.220

10.400

10.320

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 results:

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 INDRA A in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.449	8.911	9.641	10.320	10.344	10.913	12.649
Change (%)	-18.13%	-13.65%	-6.58%	-	+0.23%	+5.75%	+22.57%
Change	-1.871	-1.409	-0.679	-	+0.024	+0.593	+2.329
Level	Intermediate	Minor	Major	-	Major	Major	Minor

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	10.087	10.133	10.207	10.253	10.327	10.373	10.447
Camarilla	10.247	10.258	10.269	10.280	10.291	10.302	10.313
Woodie	10.100	10.140	10.220	10.260	10.340	10.380	10.460
Fibonacci	10.133	10.179	10.208	10.253	10.299	10.328	10.373

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.387	9.673	9.977	10.263	10.567	10.853	11.157
Camarilla	10.118	10.172	10.226	10.280	10.334	10.388	10.442
Woodie	9.395	9.678	9.985	10.268	10.575	10.858	11.165
Fibonacci	9.673	9.899	10.038	10.263	10.489	10.628	10.853

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.970	8.465	9.130	9.625	10.290	10.785	11.450
Camarilla	9.476	9.582	9.689	9.795	9.901	10.008	10.114
Woodie	8.055	8.508	9.215	9.668	10.375	10.828	11.535
Fibonacci	8.465	8.908	9.182	9.625	10.068	10.342	10.785

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):	62.86
MACD (12,26,9):	0.2730
Directional Movement:	21.019
AROON (14):	14.285
DEMA (21):	10.432
Parabolic SAR (0,02-0,02-0,2):	10.074
Elder Ray (13):	0.133
Super Trend (3,10):	9.586
Zig ZAG (10):	10.310
VORTEX (21):	1.1740
Stochastique (14,3,5):	58.38
TEMA (21):	10.407
Williams %R (14):	-44.44
Chande Momentum Oscillator (20):	0.325
Repulse (5,40,3):	1.1320
ROCnROLL:	1
TRIX (15,9):	0.4730
Courbe Coppock:	9.44

MA7:	10.274
MA20:	10.082
MA50:	9.327
MA100:	8.749
MAexp7:	10.257
MAexp20:	10.046
MAexp50:	9.519
MAexp100:	9.187
Price / MA7:	+0.45%
Price / MA20:	+2.36%
Price / MA50:	+10.65%
Price / MA100:	+17.96%
Price / MAexp7:	+0.61%
Price / MAexp20:	+2.73%
Price / MAexp50:	+8.41%
Price / MAexp100:	+12.33%

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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