IBEX INVX2
INDV
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDV
ISIN: ES0SI0000070

IBEX INVX2 - 1H - Technical analysis published on 08/01/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 155.7640 EUR
My targets
157.6333 EUR (+0.92%)
160.4780 EUR (+2.74%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on IBEX INVX2 as long as the price remains well above 155.7640 EUR. The buyers' bullish objective is set at 157.6333 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 160.4780 EUR. If there is any crossing, the next objective would be the resistance located at 164.9230 EUR.

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
4.6

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 IBEX INVX2 rating is 156.2000 EUR. The price has increased by +2.43% since the last closing with the lowest point at 152.0000 EUR and the highest point at 156.2000 EUR. The deviation from the price is +2.76% for the low point and 0% for the high point.

152.0000
156.2000
156.2000

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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 IBEX INVX2:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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



Technical


A technical analysis in 1H of this IBEX INVX2 chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 150.8000 152.3000 155.7640 156.2000 160.4780 164.9230 168.1000
Change (%) -3.46% -2.50% -0.28% - +2.74% +5.58% +7.62%
Change -5.4000 -3.9000 -0.4360 - +4.2780 +8.7230 +11.9000
Level Minor Intermediate Intermediate - Intermediate Major Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard150.0000150.5000151.5000152.0000153.0000153.5000154.5000
Camarilla152.0875152.2250152.3625152.5000152.6375152.7750152.9125
Woodie150.2500150.6250151.7500152.1250153.2500153.6250154.7500
Fibonacci150.5000151.0730151.4270152.0000152.5730152.9270153.5000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard136.0333142.6667146.8333153.4667157.6333164.2667168.4333
Camarilla148.0300149.0200150.0100151.0000151.9900152.9800153.9700
Woodie134.8000142.0500145.6000152.8500156.4000163.6500167.2000
Fibonacci142.6667146.7923149.3411153.4667157.5923160.1411164.2667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard126.3667137.8333145.1667156.6333163.9667175.4333182.7667
Camarilla147.3300149.0533150.7767152.5000154.2233155.9467157.6700
Woodie124.3000136.8000143.1000155.6000161.9000174.4000180.7000
Fibonacci137.8333145.0149149.4517156.6333163.8149168.2517175.4333

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): 68.52
MACD (12,26,9): 0.8311
Directional Movement: 23.8373
AROON (14): 64.2857
DEMA (21): 154.2984
Parabolic SAR (0,02-0,02-0,2): 154.1239
Elder Ray (13): 1.3340
Super Trend (3,10): 152.7589
Zig ZAG (10): 155.8000
VORTEX (21): 1.2281
Stochastique (14,3,5): 89.13
TEMA (21): 155.5402
Williams %R (14): -2.08
Chande Momentum Oscillator (20): 4.4000
Repulse (5,40,3): 0.7758
ROCnROLL: 1
TRIX (15,9): 0.0353
Courbe Coppock: 4.85
MA7: 153.6429
MA20: 157.6050
MA50: 161.9360
MA100: 167.4900
MAexp7: 154.8077
MAexp20: 153.4478
MAexp50: 153.5118
MAexp100: 154.8911
Price / MA7: +1.66%
Price / MA20: -0.89%
Price / MA50: -3.54%
Price / MA100: -6.74%
Price / MAexp7: +0.90%
Price / MAexp20: +1.79%
Price / MAexp50: +1.75%
Price / MAexp100: +0.85%

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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