FTSE4GOODIBX

INDN

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDN
ISIN:	ES0SI0000641

FTSE4GOODIBX - 1H - Technical analysis published on 07/11/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 11,323.4000 EUR

My targets

11,462.0000 EUR (+0.36%)

11,565.1200 EUR (+1.27%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade FTSE4GOODIBX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 11,323.4000 EUR. The buyers' bullish objective is set at 11,462.0000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11,565.1200 EUR. If there is any crossing, the next objective would be the resistance located at 11,658.7000 EUR. If there is a bearish break in the support located at 11,323.4000 EUR some indecision would arise.

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

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 FTSE4GOODIBX rating is 11,420.5996 EUR. On the day, this instrument lost -0.04% and was between 11,419.0000 EUR and 11,474.0996 EUR. This implies that the price is at +0.01% from its lowest and at -0.47% from its highest.

11,419.0000

11,474.0996

11,420.5996

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Technical analysis of FTSE4GOODIBX in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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 recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,228.2330	11,323.4000	11,405.7290	11,420.5996	11,462.0000	11,565.1200	11,658.7000
Change (%)	-1.68%	-0.85%	-0.13%	-	+0.36%	+1.27%	+2.08%
Change	-192.3666	-97.1996	-14.8706	-	+41.4004	+144.5204	+238.1004
Level	Intermediate	Major	Minor	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,154.3991	11,208.4993	11,316.6999	11,370.8001	11,479.0007	11,533.1009	11,641.3015
Camarilla	11,380.2677	11,395.1453	11,410.0228	11,424.9004	11,439.7780	11,454.6556	11,469.5331
Woodie	11,181.4492	11,222.0244	11,343.7500	11,384.3252	11,506.0508	11,546.6260	11,668.3516
Fibonacci	11,208.4993	11,270.4982	11,308.8012	11,370.8001	11,432.7990	11,471.1020	11,533.1009

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,898.7656	11,029.9326	11,201.5664	11,332.7334	11,504.3672	11,635.5342	11,807.1680
Camarilla	11,289.9300	11,317.6867	11,345.4435	11,373.2002	11,400.9569	11,428.7137	11,456.4704
Woodie	10,918.9990	11,040.0493	11,221.7998	11,342.8501	11,524.6006	11,645.6509	11,827.4014
Fibonacci	11,029.9326	11,145.6025	11,217.0635	11,332.7334	11,448.4033	11,519.8643	11,635.5342

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,343.6653	10,787.6325	11,023.9661	11,467.9333	11,704.2669	12,148.2341	12,384.5677
Camarilla	11,073.2171	11,135.5780	11,197.9389	11,260.2998	11,322.6607	11,385.0216	11,447.3825
Woodie	10,239.8486	10,735.7241	10,920.1494	11,416.0249	11,600.4502	12,096.3257	12,280.7510
Fibonacci	10,787.6325	11,047.5074	11,208.0584	11,467.9333	11,727.8082	11,888.3592	12,148.2341

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):	64.37
MACD (12,26,9):	6.9484
Directional Movement:	13.6248
AROON (14):	71.4286
DEMA (21):	11,358.0508
Parabolic SAR (0,02-0,02-0,2):	11,274.0799
Elder Ray (13):	50.6197
Super Trend (3,10):	11,325.8700
Zig ZAG (10):	11,424.9004
VORTEX (21):	0.9336
Stochastique (14,3,5):	97.44
TEMA (21):	11,369.6942
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	160.6006
Repulse (5,40,3):	0.4828
ROCnROLL:	1
TRIX (15,9):	-0.0129
Courbe Coppock:	0.79

MA7:	11,352.6430
MA20:	11,384.4401
MA50:	11,555.9420
MA100:	11,271.0350
MAexp7:	11,378.4234
MAexp20:	11,355.4113
MAexp50:	11,356.6635
MAexp100:	11,375.1844
Price / MA7:	+0.60%
Price / MA20:	+0.32%
Price / MA50:	-1.17%
Price / MA100:	+1.33%
Price / MAexp7:	+0.37%
Price / MAexp20:	+0.57%
Price / MAexp50:	+0.56%
Price / MAexp100:	+0.40%

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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