IBEX DIVNETO

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	INDY
ISIN:	ES0SI0000062

IBEX DIVNETO - 1H - Technical analysis published on 05/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 31,171.1000 EUR

My targets

31,821.4000 EUR (+0.51%)

My analysis

The basic bullish trend is very strong on IBEX DIVNETO 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 31,171.1000 EUR. Crossing the first resistance at 31,821.4000 EUR would be a sign of a potential new surge in the price. Caution, a return to below 31,171.1000 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.6

Comment on the analysis

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 IBEX DIVNETO rating is 31,661.0996 EUR. On the day, this instrument lost -0.02% and was between 31,632.8008 EUR and 31,718.0000 EUR. This implies that the price is at +0.09% from its lowest and at -0.18% from its highest.

31,632.8008

31,718.0000

31,661.0996

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this IBEX DIVNETO chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Upside gap

Type : Bullish

Timeframe : 1 hour

Dark cloud cover

Type : Bearish

Timeframe : 1 hour

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	30,252.8400	30,602.7150	31,171.1000	31,661.0996	31,821.4000
Change (%)	-4.45%	-3.34%	-1.55%	-	+0.51%
Change	-1,408.2596	-1,058.3846	-489.9996	-	+160.3004
Level	Major	Minor	Major	-	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	31,231.9309	31,336.0651	31,501.5325	31,605.6667	31,771.1341	31,875.2683	32,040.7357
Camarilla	31,592.8596	31,617.5730	31,642.2865	31,667.0000	31,691.7135	31,716.4270	31,741.1404
Woodie	31,262.5976	31,351.3984	31,532.1992	31,621.0000	31,801.8008	31,890.6016	32,071.4024
Fibonacci	31,336.0651	31,439.0529	31,502.6789	31,605.6667	31,708.6545	31,772.2805	31,875.2683

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30,264.4316	30,607.2656	31,137.1328	31,479.9668	32,009.8340	32,352.6680	32,882.5352
Camarilla	31,427.0072	31,507.0048	31,587.0024	31,667.0000	31,746.9976	31,826.9952	31,906.9928
Woodie	30,357.9482	30,654.0239	31,230.6494	31,526.7251	32,103.3506	32,399.4263	32,976.0518
Fibonacci	30,607.2656	30,940.6375	31,146.5949	31,479.9668	31,813.3387	32,019.2961	32,352.6680

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27,041.2337	28,109.6667	29,202.8333	30,271.2663	31,364.4329	32,432.8659	33,526.0325
Camarilla	29,701.5601	29,899.7067	30,097.8534	30,296.0000	30,494.1466	30,692.2933	30,890.4399
Woodie	27,053.6006	28,115.8501	29,215.2002	30,277.4497	31,376.7998	32,439.0493	33,538.3994
Fibonacci	28,109.6667	28,935.3977	29,445.5352	30,271.2663	31,096.9973	31,607.1348	32,432.8659

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):	58.39
MACD (12,26,9):	50.3751
Directional Movement:	3.4502
AROON (14):	-35.7143
DEMA (21):	31,695.8842
Parabolic SAR (0,02-0,02-0,2):	31,453.7456
Elder Ray (13):	43.0703
Super Trend (3,10):	31,500.6507
Zig ZAG (10):	31,637.0996
VORTEX (21):	1.0087
Stochastique (14,3,5):	60.48
TEMA (21):	31,644.3095
Williams %R (14):	-38.84
Chande Momentum Oscillator (20):	27.0000
Repulse (5,40,3):	-0.0555
ROCnROLL:	1
TRIX (15,9):	0.0325
Courbe Coppock:	0.42

MA7:	31,467.8147
MA20:	30,950.8202
MA50:	30,212.8542
MA100:	28,923.4811
MAexp7:	31,639.3215
MAexp20:	31,615.9923
MAexp50:	31,445.0985
MAexp100:	31,185.6448
Price / MA7:	+0.61%
Price / MA20:	+2.29%
Price / MA50:	+4.79%
Price / MA100:	+9.47%
Price / MAexp7:	+0.07%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.69%
Price / MAexp100:	+1.52%

Quotes : - 15 min delayed data - Spain Indices

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

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Londinia AI

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