INDRA A
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 - 1H - Technical analysis published on 12/15/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 10.018 EUR
My targets
10.700 EUR (+3.78%)
10.913 EUR (+5.85%)
My analysis
The basic bullish trend is very strong on INDRA A but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 10.018 EUR. Crossing the first resistance at 10.700 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 10.913 EUR as an objective. Crossing it would then enable buyers to target 12.649 EUR. Caution, a return to below 10.018 EUR would be a sign of a consolidation phase in the short-term basic trend. 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, 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
0
10
6.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

INDRA A rating 10.310 EUR. The price has increased by +0.29% since the last closing with the lowest point at 10.220 EUR and the highest point at 10.400 EUR. The deviation from the price is +0.88% for the low point and -0.87% for the high point.

10.220
10.400
10.310

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by INDRA A:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


A technical analysis in 1H of this INDRA A chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.357 9.641 10.018 10.310 10.344 10.700 10.913
Change (%) -9.24% -6.49% -2.83% - +0.33% +3.78% +5.85%
Change -0.953 -0.669 -0.292 - +0.034 +0.390 +0.603
Level Minor Major Major - Major Minor 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
Standard10.08710.13310.20710.25310.32710.37310.447
Camarilla10.24710.25810.26910.28010.29110.30210.313
Woodie10.10010.14010.22010.26010.34010.38010.460
Fibonacci10.13310.17910.20810.25310.29910.32810.373


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.3879.6739.97710.26310.56710.85311.157
Camarilla10.11810.17210.22610.28010.33410.38810.442
Woodie9.3959.6789.98510.26810.57510.85811.165
Fibonacci9.6739.89910.03810.26310.48910.62810.853


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.9708.4659.1309.62510.29010.78511.450
Camarilla9.4769.5829.6899.7959.90110.00810.114
Woodie8.0558.5089.2159.66810.37510.82811.535
Fibonacci8.4658.9089.1829.62510.06810.34210.785

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): 52.90
MACD (12,26,9): 0.0230
Directional Movement: 5.095
AROON (14): 50.000
DEMA (21): 10.324
Parabolic SAR (0,02-0,02-0,2): 10.246
Elder Ray (13): -0.007
Super Trend (3,10): 10.187
Zig ZAG (10): 10.310
VORTEX (21): 1.0240
Stochastique (14,3,5): 57.58
TEMA (21): 10.334
Williams %R (14): -40.91
Chande Momentum Oscillator (20): 0.130
Repulse (5,40,3): 0.0990
ROCnROLL: 1
TRIX (15,9): 0.0330
Courbe Coppock: 1.24
MA7: 10.273
MA20: 10.084
MA50: 9.327
MA100: 8.749
MAexp7: 10.315
MAexp20: 10.294
MAexp50: 10.259
MAexp100: 10.188
Price / MA7: +0.36%
Price / MA20: +2.24%
Price / MA50: +10.54%
Price / MA100: +17.84%
Price / MAexp7: -0.05%
Price / MAexp20: +0.16%
Price / MAexp50: +0.50%
Price / MAexp100: +1.20%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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