INT.AIRL.GRP - Daily - Technical analysis published on 08/02/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 2.1150 EUR
My targets
1.9045 EUR (-2.36%)
1.8222 EUR (-6.58%)
My analysis
INT.AIRL.GRP is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.1150 EUR. The next support located at 1.9045 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.8222 EUR. Below this support, sellers could then target 1.7467 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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 INT.AIRL.GRP price is 1.9505 EUR. On the day, this instrument gained +2.90% and was traded between 1.8990 EUR and 1.9660 EUR over the period. The price is currently at +2.71% from its lowest and -0.79% from its highest.1.8990
1.9660
1.9505
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of INT.AIRL.GRP in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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:
Downside Tasuki gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.7467 | 1.8222 | 1.9045 | 1.9505 | 1.9641 | 2.1150 | 2.1670 |
| Change (%) | -10.45% | -6.58% | -2.36% | - | +0.70% | +8.43% | +11.10% |
| Change | -0.2038 | -0.1283 | -0.0460 | - | +0.0136 | +0.1645 | +0.2165 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Intermediate |
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 | 1.8215 | 1.8585 | 1.8770 | 1.9140 | 1.9325 | 1.9695 | 1.9880 |
| Camarilla | 1.8802 | 1.8853 | 1.8904 | 1.8955 | 1.9006 | 1.9057 | 1.9108 |
| Woodie | 1.8123 | 1.8539 | 1.8678 | 1.9094 | 1.9233 | 1.9649 | 1.9788 |
| Fibonacci | 1.8585 | 1.8797 | 1.8928 | 1.9140 | 1.9352 | 1.9483 | 1.9695 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8130 | 1.8595 | 1.9180 | 1.9645 | 2.0230 | 2.0695 | 2.1280 |
| Camarilla | 1.9476 | 1.9573 | 1.9669 | 1.9765 | 1.9861 | 1.9958 | 2.0054 |
| Woodie | 1.8190 | 1.8625 | 1.9240 | 1.9675 | 2.0290 | 2.0725 | 2.1340 |
| Fibonacci | 1.8595 | 1.8996 | 1.9244 | 1.9645 | 2.0046 | 2.0294 | 2.0695 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6360 | 1.7710 | 1.8690 | 2.0040 | 2.1020 | 2.2370 | 2.3350 |
| Camarilla | 1.9029 | 1.9243 | 1.9456 | 1.9670 | 1.9884 | 2.0097 | 2.0311 |
| Woodie | 1.6175 | 1.7618 | 1.8505 | 1.9948 | 2.0835 | 2.2278 | 2.3165 |
| Fibonacci | 1.7710 | 1.8600 | 1.9150 | 2.0040 | 2.0930 | 2.1480 | 2.2370 |
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): | 46.10 | |
| MACD (12,26,9): | -0.0212 | |
| Directional Movement: | -6.3871 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1.9607 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.0441 | |
| Elder Ray (13): | -0.0384 | |
| Super Trend (3,10): | 2.0779 | |
| Zig ZAG (10): | 1.9525 | |
| VORTEX (21): | 0.7914 | |
| Stochastique (14,3,5): | 20.19 | |
| TEMA (21): | 1.9402 | |
| Williams %R (14): | -70.78 | |
| Chande Momentum Oscillator (20): | -0.1170 | |
| Repulse (5,40,3): | 0.0196 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0812 | |
| Courbe Coppock: | 12.20 |
| MA7: | 1.9517 | |
| MA20: | 2.0109 | |
| MA50: | 2.0038 | |
| MA100: | 2.0052 | |
| MAexp7: | 1.9518 | |
| MAexp20: | 1.9831 | |
| MAexp50: | 1.9977 | |
| MAexp100: | 1.9739 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -3.00% | |
| Price / MA50: | -2.66% | |
| Price / MA100: | -2.73% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -1.64% | |
| Price / MAexp50: | -2.36% | |
| Price / MAexp100: | -1.19% |
Quotes :
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15 min delayed data
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Spain Stocks
News
The latest news and videos published on INT.AIRL.GRP at the time of the analysis were as follows:
- KWE and IAG Cargo Agree to Expand Use of Sustainable Aviation Fuel
-
10/05/24 - UK GDP, recession fears put to rest, FTSE highs, IAG Reports
- Sabre and IAG expand partnership with multi-year distribution agreement including NDC content
- BigCommerce Powers New IAG Loyalty Online Wine Store in Partnership with British Airways
-
Why Are IAG Shares Cheap?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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