IVECO GROUP
IVECO GROUP
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: IVG
ISIN: NL0015000LU4

IVECO GROUP - 1H - Technical analysis published on 02/10/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8.125 EUR
My targets
-
My analysis
IVECO GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8.125 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The IVECO GROUP rating is 8.695 EUR. On the day, this instrument gained +13.13% and was between 8.124 EUR and 8.870 EUR. This implies that the price is at +7.03% from its lowest and at -1.97% from its highest.

8.124
8.870
8.695

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by IVECO GROUP:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of IVECO GROUP in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 7.453 7.630 7.722 8.695
Change (%) -14.28% -12.25% -11.19% -
Change -1.242 -1.065 -0.973 -
Level 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
Standard7.3047.4087.5477.6517.7907.8948.033
Camarilla7.6197.6427.6647.6867.7087.7317.753
Woodie7.3227.4177.5657.6607.8087.9038.051
Fibonacci7.4087.5017.5587.6517.7447.8017.894


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.0517.2077.4097.5657.7677.9238.125
Camarilla7.5147.5467.5797.6127.6457.6787.711
Woodie7.0757.2197.4337.5777.7917.9358.149
Fibonacci7.2077.3437.4287.5657.7017.7867.923


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.9454.7536.1306.9388.3159.12310.500
Camarilla6.9057.1057.3067.5067.7067.9078.107
Woodie4.2294.8956.4147.0808.5999.26510.784
Fibonacci4.7535.5886.1046.9387.7738.2899.123

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): 85.03
MACD (12,26,9): 0.2740
Directional Movement: 53.378
AROON (14): 85.714
DEMA (21): 8.294
Parabolic SAR (0,02-0,02-0,2): 7.873
Elder Ray (13): 0.603
Super Trend (3,10): 8.301
Zig ZAG (10): 8.739
VORTEX (21): 1.3060
Stochastique (14,3,5): 91.91
TEMA (21): 8.518
Williams %R (14): -9.36
Chande Momentum Oscillator (20): 1.047
Repulse (5,40,3): 2.2050
ROCnROLL: 1
TRIX (15,9): 0.2520
Courbe Coppock: 21.10
MA7: 7.740
MA20: 7.441
MA50: 6.608
MA100: 6.100
MAexp7: 8.406
MAexp20: 7.998
MAexp50: 7.753
MAexp100: 7.580
Price / MA7: +12.34%
Price / MA20: +16.85%
Price / MA50: +31.58%
Price / MA100: +42.54%
Price / MAexp7: +3.44%
Price / MAexp20: +8.71%
Price / MAexp50: +12.15%
Price / MAexp100: +14.71%

Quotes : - 15 min delayed data - Italy Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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