IBEX MAB ALL SHARE - 1H - Technical analysis published on 04/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 1,813.8000 EUR
My targets
1,830.2000 EUR (+0.40%)
1,847.0000 EUR (+1.32%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEX MAB ALL SHARE as long as the price remains well above 1,813.8000 EUR. The buyers' bullish objective is set at 1,830.2000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,847.0000 EUR. If there is any crossing, the next objective would be the resistance located at 1,867.1000 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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Additional analysis
Quotes
IBEX MAB ALL SHARE rating 1,822.9000 EUR. The price is lower by -0.01% since the last closing and was traded between 1,819.9000 EUR and 1,831.9000 EUR over the period. The price is currently at +0.16% from its lowest and -0.49% from its highest.1,819.9000
1,831.9000
1,822.9000
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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IBEX MAB ALL SHARE chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,773.4400 | 1,783.1000 | 1,813.8000 | 1,822.9000 | 1,830.2000 | 1,847.0000 | 1,867.1000 |
Change (%) | -2.71% | -2.18% | -0.50% | - | +0.40% | +1.32% | +2.42% |
Change | -49.4600 | -39.8000 | -9.1000 | - | +7.3000 | +24.1000 | +44.2000 |
Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,794.1667 | 1,802.8333 | 1,812.9667 | 1,821.6333 | 1,831.7667 | 1,840.4333 | 1,850.5667 |
Camarilla | 1,817.9300 | 1,819.6533 | 1,821.3767 | 1,823.1000 | 1,824.8233 | 1,826.5467 | 1,828.2700 |
Woodie | 1,794.9000 | 1,803.2000 | 1,813.7000 | 1,822.0000 | 1,832.5000 | 1,840.8000 | 1,851.3000 |
Fibonacci | 1,802.8333 | 1,810.0149 | 1,814.4517 | 1,821.6333 | 1,828.8149 | 1,833.2517 | 1,840.4333 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,716.6667 | 1,740.8333 | 1,781.9667 | 1,806.1333 | 1,847.2667 | 1,871.4333 | 1,912.5667 |
Camarilla | 1,805.1425 | 1,811.1283 | 1,817.1142 | 1,823.1000 | 1,829.0858 | 1,835.0717 | 1,841.0575 |
Woodie | 1,725.1500 | 1,745.0750 | 1,790.4500 | 1,810.3750 | 1,855.7500 | 1,875.6750 | 1,921.0500 |
Fibonacci | 1,740.8333 | 1,765.7779 | 1,781.1887 | 1,806.1333 | 1,831.0779 | 1,846.4887 | 1,871.4333 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,638.6000 | 1,671.2000 | 1,726.6000 | 1,759.2000 | 1,814.6000 | 1,847.2000 | 1,902.6000 |
Camarilla | 1,757.8000 | 1,765.8667 | 1,773.9333 | 1,782.0000 | 1,790.0667 | 1,798.1333 | 1,806.2000 |
Woodie | 1,650.0000 | 1,676.9000 | 1,738.0000 | 1,764.9000 | 1,826.0000 | 1,852.9000 | 1,914.0000 |
Fibonacci | 1,671.2000 | 1,704.8160 | 1,725.5840 | 1,759.2000 | 1,792.8160 | 1,813.5840 | 1,847.2000 |
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): | 69.42 | |
MACD (12,26,9): | 10.8036 | |
Directional Movement: | 28.2000 | |
AROON (14): | 85.7143 | |
DEMA (21): | 1,827.8956 | |
Parabolic SAR (0,02-0,02-0,2): | 1,819.9380 | |
Elder Ray (13): | 3.9351 | |
Super Trend (3,10): | 1,811.0821 | |
Zig ZAG (10): | 1,822.4000 | |
VORTEX (21): | 1.4458 | |
Stochastique (14,3,5): | 75.04 | |
TEMA (21): | 1,831.8855 | |
Williams %R (14): | -33.98 | |
Chande Momentum Oscillator (20): | 8.8000 | |
Repulse (5,40,3): | -0.0792 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0938 | |
Courbe Coppock: | 2.82 |
MA7: | 1,796.9143 | |
MA20: | 1,770.6950 | |
MA50: | 1,735.7240 | |
MA100: | 1,737.4110 | |
MAexp7: | 1,823.1539 | |
MAexp20: | 1,813.4882 | |
MAexp50: | 1,797.7984 | |
MAexp100: | 1,783.7936 | |
Price / MA7: | +1.45% | |
Price / MA20: | +2.95% | |
Price / MA50: | +5.02% | |
Price / MA100: | +4.92% | |
Price / MAexp7: | -0.01% | |
Price / MAexp20: | +0.52% | |
Price / MAexp50: | +1.40% | |
Price / MAexp100: | +2.19% |
Quotes :
-
15 min delayed data
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Spain Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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