IBEX INVX2 - 1H - Technical analysis published on 10/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 175.8333 EUR
My targets
178.9000 EUR (+0.79%)
182.1000 EUR (+2.59%)
My analysis
The bullish trend is currently very strong on IBEX INVX2. As long as the price remains above the support at 175.8333 EUR, you could try to benefit from the boom. The first bullish objective is located at 178.9000 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 182.1000 EUR as an objective. Crossing it would then enable buyers to target 190.0000 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IBEX INVX2 price is 177.5000 EUR. The price registered an increase of +1.37% on the session with the lowest point at 175.0000 EUR and the highest point at 179.5000 EUR. The deviation from the price is +1.43% for the low point and -1.11% for the high point.175.0000
179.5000
177.5000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IBEX INVX2 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 169.6500 | 172.6000 | 175.8333 | 177.5000 | 182.1000 | 190.0000 | 193.6000 |
| Change (%) | -4.42% | -2.76% | -0.94% | - | +2.59% | +7.04% | +9.07% |
| Change | -7.8500 | -4.9000 | -1.6667 | - | +4.6000 | +12.5000 | +16.1000 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 170.5333 | 171.5667 | 173.3333 | 174.3667 | 176.1333 | 177.1667 | 178.9333 |
| Camarilla | 174.3300 | 174.5867 | 174.8433 | 175.1000 | 175.3567 | 175.6133 | 175.8700 |
| Woodie | 170.9000 | 171.7500 | 173.7000 | 174.5500 | 176.5000 | 177.3500 | 179.3000 |
| Fibonacci | 171.5667 | 172.6363 | 173.2971 | 174.3667 | 175.4363 | 176.0971 | 177.1667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 156.7000 | 160.5000 | 167.8000 | 171.6000 | 178.9000 | 182.7000 | 190.0000 |
| Camarilla | 172.0475 | 173.0650 | 174.0825 | 175.1000 | 176.1175 | 177.1350 | 178.1525 |
| Woodie | 158.4500 | 161.3750 | 169.5500 | 172.4750 | 180.6500 | 183.5750 | 191.7500 |
| Fibonacci | 160.5000 | 164.7402 | 167.3598 | 171.6000 | 175.8402 | 178.4598 | 182.7000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.0333 | 145.8667 | 153.3333 | 160.1667 | 167.6333 | 174.4667 | 181.9333 |
| Camarilla | 156.8675 | 158.1783 | 159.4892 | 160.8000 | 162.1108 | 163.4217 | 164.7325 |
| Woodie | 139.3500 | 146.0250 | 153.6500 | 160.3250 | 167.9500 | 174.6250 | 182.2500 |
| Fibonacci | 145.8667 | 151.3293 | 154.7041 | 160.1667 | 165.6293 | 169.0041 | 174.4667 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 62.52 | |
| MACD (12,26,9): | 2.3016 | |
| Directional Movement: | 19.7534 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 178.3642 | |
| Parabolic SAR (0,02-0,02-0,2): | 179.5000 | |
| Elder Ray (13): | 0.7586 | |
| Super Trend (3,10): | 173.6730 | |
| Zig ZAG (10): | 176.9000 | |
| VORTEX (21): | 1.1411 | |
| Stochastique (14,3,5): | 71.98 | |
| TEMA (21): | 178.9496 | |
| Williams %R (14): | -37.68 | |
| Chande Momentum Oscillator (20): | 2.9000 | |
| Repulse (5,40,3): | -0.7134 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1981 | |
| Courbe Coppock: | 5.77 |
| MA7: | 169.8000 | |
| MA20: | 167.1250 | |
| MA50: | 163.1040 | |
| MA100: | 161.6620 | |
| MAexp7: | 177.4000 | |
| MAexp20: | 175.3005 | |
| MAexp50: | 171.7764 | |
| MAexp100: | 169.1170 | |
| Price / MA7: | +4.53% | |
| Price / MA20: | +6.21% | |
| Price / MA50: | +8.83% | |
| Price / MA100: | +9.80% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +1.25% | |
| Price / MAexp50: | +3.33% | |
| Price / MAexp100: | +4.96% |
Quotes :
-
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.
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