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 08/27/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

22%

28%

My opinion

Bearish under 17.66 EUR

My targets

16.25 EUR (-3.22%)

15.54 EUR (-7.44%)

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 17.66 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 are neutral, but do not change the general bearish opinion of this analysis.

Force

5.2

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 16.79 EUR. The price registered a decrease of -0.12% on the session and was between 16.72 EUR and 16.81 EUR. This implies that the price is at +0.42% from its lowest and at -0.12% from its highest.

16.72

16.81

16.79

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by INDRA A:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of INDRA A in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.67	15.54	16.25	16.79	17.66	18.60	19.96
Change (%)	-18.58%	-7.44%	-3.22%	-	+5.18%	+10.78%	+18.88%
Change	-3.12	-1.25	-0.54	-	+0.87	+1.81	+3.17
Level	Major	Minor	Major	-	Major	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.44	16.53	16.67	16.76	16.90	16.99	17.13
Camarilla	16.75	16.77	16.79	16.81	16.83	16.85	16.87
Woodie	16.47	16.54	16.70	16.77	16.93	17.00	17.16
Fibonacci	16.53	16.62	16.67	16.76	16.85	16.90	16.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.81	16.06	16.39	16.64	16.97	17.22	17.55
Camarilla	16.55	16.60	16.66	16.71	16.76	16.82	16.87
Woodie	15.84	16.08	16.42	16.66	17.00	17.24	17.58
Fibonacci	16.06	16.29	16.42	16.64	16.87	17.00	17.22

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

Technical indicators

Moving averages

RSI (14):	34.41
MACD (12,26,9):	-0.5400
Directional Movement:	-14.85
AROON (14):	-64.29
DEMA (21):	16.32
Parabolic SAR (0,02-0,02-0,2):	16.35
Elder Ray (13):	-0.06
Super Trend (3,10):	17.53
Zig ZAG (10):	16.72
VORTEX (21):	0.6600
Stochastique (14,3,5):	54.73
TEMA (21):	16.27
Williams %R (14):	-37.50
Chande Momentum Oscillator (20):	0.01
Repulse (5,40,3):	-0.1100
ROCnROLL:	2
TRIX (15,9):	-0.5300
Courbe Coppock:	7.97

MA7:	16.63
MA20:	16.90
MA50:	18.38
MA100:	18.93
MAexp7:	16.69
MAexp20:	17.10
MAexp50:	17.99
MAexp100:	18.19
Price / MA7:	+0.96%
Price / MA20:	-0.65%
Price / MA50:	-8.65%
Price / MA100:	-11.30%
Price / MAexp7:	+0.60%
Price / MAexp20:	-1.81%
Price / MAexp50:	-6.67%
Price / MAexp100:	-7.70%

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.

About author

Londinia AI

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