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 04/03/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

33%

50%

17%

My opinion

Bearish under 19.35 EUR

My targets

18.28 EUR (-2.97%)

17.90 EUR (-4.99%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for INDRA A as long as the price remains well below 19.35 EUR. The next bearish objective for sellers is set at 18.28 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.90 EUR. In case of crossing, the next objective would be the support located at 17.50 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 18.28 EUR. With this support, against the trend traders who want to buy INDRA A on a buy signal from their trading strategy should not hesitate to act.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

0.9

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 18.84 EUR. The price is lower by -0.58% since the last closing with the lowest point at 18.65 EUR and the highest point at 18.94 EUR. The deviation from the price is +1.02% for the low point and -0.53% for the high point.

18.65

18.94

18.84

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17.90	18.28	18.75	18.84	18.92	19.35	19.52
Change (%)	-4.99%	-2.97%	-0.48%	-	+0.42%	+2.71%	+3.61%
Change	-0.94	-0.56	-0.09	-	+0.08	+0.51	+0.68
Level	Minor	Major	Intermediate	-	Intermediate	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
Standard	18.02	18.44	18.69	19.11	19.36	19.78	20.03
Camarilla	18.77	18.83	18.89	18.95	19.01	19.07	19.13
Woodie	17.95	18.40	18.62	19.07	19.29	19.74	19.96
Fibonacci	18.44	18.69	18.85	19.11	19.36	19.52	19.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.77	18.12	18.66	19.01	19.55	19.90	20.44
Camarilla	18.97	19.05	19.13	19.21	19.29	19.37	19.46
Woodie	17.88	18.17	18.77	19.06	19.66	19.95	20.55
Fibonacci	18.12	18.46	18.67	19.01	19.35	19.56	19.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.11	16.78	18.00	18.67	19.89	20.56	21.78
Camarilla	18.69	18.86	19.04	19.21	19.38	19.56	19.73
Woodie	16.38	16.92	18.27	18.81	20.16	20.70	22.05
Fibonacci	16.78	17.51	17.95	18.67	19.40	19.84	20.56

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):	43.29
MACD (12,26,9):	-0.0600
Directional Movement:	-2.96
AROON (14):	-85.71
DEMA (21):	18.88
Parabolic SAR (0,02-0,02-0,2):	18.96
Elder Ray (13):	-0.07
Super Trend (3,10):	19.08
Zig ZAG (10):	18.80
VORTEX (21):	0.8800
Stochastique (14,3,5):	18.42
TEMA (21):	18.77
Williams %R (14):	-76.92
Chande Momentum Oscillator (20):	-0.18
Repulse (5,40,3):	0.3200
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	4.47

MA7:	18.80
MA20:	18.48
MA50:	17.14
MA100:	15.71
MAexp7:	18.83
MAexp20:	18.93
MAexp50:	18.89
MAexp100:	18.71
Price / MA7:	+0.21%
Price / MA20:	+1.95%
Price / MA50:	+9.92%
Price / MA100:	+19.92%
Price / MAexp7:	+0.05%
Price / MAexp20:	-0.48%
Price / MAexp50:	-0.26%
Price / MAexp100:	+0.69%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on INDRA A. 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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