IBEX MAB ALL SHARE - 1H - Technical analysis published on 05/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 1,775.1000 EUR
My targets
1,789.2571 EUR (+0.44%)
1,798.2000 EUR (+0.94%)
My analysis
The basic bullish trend is very strong on IBEX MAB ALL SHARE 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 1,775.1000 EUR. Crossing the first resistance at 1,789.2571 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1,798.2000 EUR as an objective. Crossing it would then enable buyers to target 1,811.8667 EUR. Caution, a return to below 1,775.1000 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.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.3
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Additional analysis
Quotes
The IBEX MAB ALL SHARE price is 1,781.4000 EUR. The price is lower by -0.05% since the last closing and was between 1,781.4000 EUR and 1,781.4000 EUR. This implies that the price is at 0% from its lowest and at 0% from its highest.1,781.4000
1,781.4000
1,781.4000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IBEX MAB ALL SHARE in 1H shows a strongly overall bullish trend. 85.71% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bearish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,751.6692 | 1,759.1729 | 1,775.1000 | 1,781.4000 | 1,789.2571 | 1,798.2000 | 1,811.8667 |
| Change (%) | -1.67% | -1.25% | -0.35% | - | +0.44% | +0.94% | +1.71% |
| Change | -29.7308 | -22.2271 | -6.3000 | - | +7.8571 | +16.8000 | +30.4667 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,765.2667 | 1,770.6333 | 1,776.4667 | 1,781.8333 | 1,787.6667 | 1,793.0333 | 1,798.8667 |
| Camarilla | 1,779.2200 | 1,780.2467 | 1,781.2733 | 1,782.3000 | 1,783.3267 | 1,784.3533 | 1,785.3800 |
| Woodie | 1,765.5000 | 1,770.7500 | 1,776.7000 | 1,781.9500 | 1,787.9000 | 1,793.1500 | 1,799.1000 |
| Fibonacci | 1,770.6333 | 1,774.9117 | 1,777.5549 | 1,781.8333 | 1,786.1117 | 1,788.7549 | 1,793.0333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,740.2000 | 1,749.3000 | 1,762.7000 | 1,771.8000 | 1,785.2000 | 1,794.3000 | 1,807.7000 |
| Camarilla | 1,769.9125 | 1,771.9750 | 1,774.0375 | 1,776.1000 | 1,778.1625 | 1,780.2250 | 1,782.2875 |
| Woodie | 1,742.3500 | 1,750.3750 | 1,764.8500 | 1,772.8750 | 1,787.3500 | 1,795.3750 | 1,809.8500 |
| Fibonacci | 1,749.3000 | 1,757.8950 | 1,763.2050 | 1,771.8000 | 1,780.3950 | 1,785.7050 | 1,794.3000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,653.6333 | 1,703.2667 | 1,735.6333 | 1,785.2667 | 1,817.6333 | 1,867.2667 | 1,899.6333 |
| Camarilla | 1,745.4500 | 1,752.9667 | 1,760.4833 | 1,768.0000 | 1,775.5167 | 1,783.0333 | 1,790.5500 |
| Woodie | 1,645.0000 | 1,698.9500 | 1,727.0000 | 1,780.9500 | 1,809.0000 | 1,862.9500 | 1,891.0000 |
| Fibonacci | 1,703.2667 | 1,734.5907 | 1,753.9427 | 1,785.2667 | 1,816.5907 | 1,835.9427 | 1,867.2667 |
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): | 54.10 | |
| MACD (12,26,9): | 1.8533 | |
| Directional Movement: | -1.0713 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1,783.7457 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,786.6713 | |
| Elder Ray (13): | 0.3861 | |
| Super Trend (3,10): | 1,773.4411 | |
| Zig ZAG (10): | 1,781.4000 | |
| VORTEX (21): | 0.9479 | |
| Stochastique (14,3,5): | 30.86 | |
| TEMA (21): | 1,782.2148 | |
| Williams %R (14): | -57.43 | |
| Chande Momentum Oscillator (20): | -0.2000 | |
| Repulse (5,40,3): | 0.1960 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0224 | |
| Courbe Coppock: | 0.23 |
| MA7: | 1,774.4571 | |
| MA20: | 1,765.3950 | |
| MA50: | 1,775.7340 | |
| MA100: | 1,749.8350 | |
| MAexp7: | 1,781.3276 | |
| MAexp20: | 1,780.6817 | |
| MAexp50: | 1,775.3446 | |
| MAexp100: | 1,771.3070 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +1.80% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +0.57% |
Quotes :
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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.
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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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