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 08/13/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 16.80 EUR

My targets

16.25 EUR (-1.69%)

15.54 EUR (-5.99%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INDRA A as long as the price remains well below 16.80 EUR. The sellers' bearish objective is set at 16.25 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.54 EUR. In case of crossing, the next objective would be the support located at 13.67 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

7.7

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 16.53 EUR. The price is lower by -0.48% since the last closing and was traded between 16.48 EUR and 16.68 EUR over the period. The price is currently at +0.30% from its lowest and -0.90% from its highest.

16.48

16.68

16.53

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of INDRA A in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.67	15.54	16.25	16.53	16.80	17.66	18.37
Change (%)	-17.30%	-5.99%	-1.69%	-	+1.63%	+6.84%	+11.13%
Change	-2.86	-0.99	-0.28	-	+0.27	+1.13	+1.84
Level	Major	Minor	Minor	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.34	16.48	16.54	16.68	16.74	16.88	16.94
Camarilla	16.56	16.57	16.59	16.61	16.63	16.65	16.67
Woodie	16.31	16.46	16.51	16.66	16.71	16.86	16.91
Fibonacci	16.48	16.55	16.60	16.68	16.75	16.80	16.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.69	16.12	16.42	16.85	17.15	17.58	17.88
Camarilla	16.51	16.58	16.64	16.71	16.78	16.84	16.91
Woodie	15.62	16.09	16.35	16.82	17.08	17.55	17.81
Fibonacci	16.12	16.40	16.57	16.85	17.13	17.30	17.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.23	17.30	17.92	18.99	19.61	20.68	21.30
Camarilla	18.08	18.23	18.39	18.54	18.70	18.85	19.01
Woodie	16.01	17.19	17.70	18.88	19.39	20.57	21.08
Fibonacci	17.30	17.95	18.34	18.99	19.64	20.03	20.68

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):	38.14
MACD (12,26,9):	-0.0700
Directional Movement:	-17.73
AROON (14):	-92.86
DEMA (21):	16.54
Parabolic SAR (0,02-0,02-0,2):	16.78
Elder Ray (13):	-0.09
Super Trend (3,10):	16.75
Zig ZAG (10):	16.54
VORTEX (21):	0.8000
Stochastique (14,3,5):	13.81
TEMA (21):	16.57
Williams %R (14):	-76.00
Chande Momentum Oscillator (20):	-0.12
Repulse (5,40,3):	-0.2800
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	1.45

MA7:	16.79
MA20:	18.32
MA50:	19.19
MA100:	19.13
MAexp7:	16.58
MAexp20:	16.65
MAexp50:	16.89
MAexp100:	17.38
Price / MA7:	-1.55%
Price / MA20:	-9.77%
Price / MA50:	-13.86%
Price / MA100:	-13.59%
Price / MAexp7:	-0.30%
Price / MAexp20:	-0.72%
Price / MAexp50:	-2.13%
Price / MAexp100:	-4.89%

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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