IBEX MAB ALL SHARE - 1H - Technical analysis published on 09/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1,764.9400 EUR
My targets
1,774.1111 EUR (+0.35%)
1,783.0700 EUR (+0.85%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on IBEX MAB ALL SHARE. This is a positive signal for buyers. As long as the price remains above 1,764.9400 EUR, a purchase could be considered. The first bullish objective is located at 1,774.1111 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,783.0700 EUR as an objective. Crossing it would then enable buyers to target 1,805.9000 EUR. In the event of a return below 1,764.9400 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
6.3
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Additional analysis
Quotes
The IBEX MAB ALL SHARE price is 1,768.0000 EUR. The price is lower by -0.03% since the last closing and was between 1,768.0000 EUR and 1,772.2000 EUR. This implies that the price is at 0% from its lowest and at -0.24% from its highest.1,768.0000
1,772.2000
1,768.0000
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on IBEX MAB ALL SHARE were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this IBEX MAB ALL SHARE chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,758.5000 | 1,764.9400 | 1,767.9333 | 1,768.0000 | 1,774.1111 | 1,777.3334 | 1,783.0700 |
Change (%) | -0.54% | -0.17% | +0.00% | - | +0.35% | +0.53% | +0.85% |
Change | -9.5000 | -3.0600 | -0.0667 | - | +6.1111 | +9.3334 | +15.0700 |
Level | Minor | Intermediate | Intermediate | - | Major | 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 | 1,751.4333 | 1,755.3667 | 1,761.9333 | 1,765.8667 | 1,772.4333 | 1,776.3667 | 1,782.9333 |
Camarilla | 1,765.6125 | 1,766.5750 | 1,767.5375 | 1,768.5000 | 1,769.4625 | 1,770.4250 | 1,771.3875 |
Woodie | 1,752.7500 | 1,756.0250 | 1,763.2500 | 1,766.5250 | 1,773.7500 | 1,777.0250 | 1,784.2500 |
Fibonacci | 1,755.3667 | 1,759.3777 | 1,761.8557 | 1,765.8667 | 1,769.8777 | 1,772.3557 | 1,776.3667 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,711.5667 | 1,727.8333 | 1,741.5667 | 1,757.8333 | 1,771.5667 | 1,787.8333 | 1,801.5667 |
Camarilla | 1,747.0500 | 1,749.8000 | 1,752.5500 | 1,755.3000 | 1,758.0500 | 1,760.8000 | 1,763.5500 |
Woodie | 1,710.3000 | 1,727.2000 | 1,740.3000 | 1,757.2000 | 1,770.3000 | 1,787.2000 | 1,800.3000 |
Fibonacci | 1,727.8333 | 1,739.2933 | 1,746.3733 | 1,757.8333 | 1,769.2933 | 1,776.3733 | 1,787.8333 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,665.0000 | 1,695.4000 | 1,729.1000 | 1,759.5000 | 1,793.2000 | 1,823.6000 | 1,857.3000 |
Camarilla | 1,745.1725 | 1,751.0483 | 1,756.9242 | 1,762.8000 | 1,768.6758 | 1,774.5517 | 1,780.4275 |
Woodie | 1,666.6500 | 1,696.2250 | 1,730.7500 | 1,760.3250 | 1,794.8500 | 1,824.4250 | 1,858.9500 |
Fibonacci | 1,695.4000 | 1,719.8862 | 1,735.0138 | 1,759.5000 | 1,783.9862 | 1,799.1138 | 1,823.6000 |
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): | 62.29 | |
MACD (12,26,9): | 2.8546 | |
Directional Movement: | 5.6749 | |
AROON (14): | 78.5714 | |
DEMA (21): | 1,767.1170 | |
Parabolic SAR (0,02-0,02-0,2): | 1,755.2177 | |
Elder Ray (13): | 5.2652 | |
Super Trend (3,10): | 1,759.2318 | |
Zig ZAG (10): | 1,771.4000 | |
VORTEX (21): | 1.1838 | |
Stochastique (14,3,5): | 89.81 | |
TEMA (21): | 1,769.7820 | |
Williams %R (14): | 0.00 | |
Chande Momentum Oscillator (20): | 13.4000 | |
Repulse (5,40,3): | 0.2027 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0170 | |
Courbe Coppock: | 0.76 |
MA7: | 1,763.5571 | |
MA20: | 1,768.3850 | |
MA50: | 1,771.2920 | |
MA100: | 1,776.9040 | |
MAexp7: | 1,767.5548 | |
MAexp20: | 1,763.8656 | |
MAexp50: | 1,761.9913 | |
MAexp100: | 1,762.7035 | |
Price / MA7: | +0.25% | |
Price / MA20: | -0.02% | |
Price / MA50: | -0.19% | |
Price / MA100: | -0.50% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.23% | |
Price / MAexp50: | +0.34% | |
Price / MAexp100: | +0.30% |
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.
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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