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LATIBEX AS
LATIBEX AS
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDB
ISIN: ES0SI0000617

LATIBEX AS - 1H - Technical analysis published on 12/16/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 2,229.4000 EUR
My targets
2,165.0100 EUR (-1.24%)
2,121.0000 EUR (-3.25%)
My analysis
The bearish trend is currently very strong for LATIBEX AS. As long as the price remains below the resistance at 2,229.4000 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 2,165.0100 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2,121.0000 EUR as an objective. Crossing it would then enable sellers to target 1,878.0200 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

LATIBEX AS rating 2,192.2000 EUR. On the day, this instrument lost -0.16% and was between 2,192.2000 EUR and 2,230.7000 EUR. This implies that the price is at 0% from its lowest and at -1.73% from its highest.

2,192.2000
2,230.7000
2,192.2000

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 LATIBEX AS:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


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

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,541.1400 1,878.0200 2,165.0100 2,192.2000 2,229.4000 2,316.0200 2,367.3100
Change (%) -29.70% -14.33% -1.24% - +1.70% +5.65% +7.99%
Change -651.0600 -314.1800 -27.1900 - +37.2000 +123.8200 +175.1100
Level Major Major Major - Minor Major Minor



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
Standard2,150.36682,167.73352,181.76672,199.13342,213.16662,230.53332,244.5665
Camarilla2,187.16502,190.04342,192.92172,195.80002,198.67832,201.55672,204.4350
Woodie2,148.70022,166.90012,180.10012,198.30002,211.50002,229.69992,242.8999
Fibonacci2,167.73352,179.72822,187.13862,199.13342,211.12812,218.53852,230.5333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,183.30012,251.40012,297.20002,365.30002,411.09992,479.19992,524.9998
Camarilla2,311.67752,322.11842,332.55922,343.00002,353.44082,363.88172,374.3225
Woodie2,172.15022,245.82512,286.05012,359.72502,399.95002,473.62492,513.8499
Fibonacci2,251.40012,294.90982,321.79022,365.30002,408.80972,435.69012,479.1999


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,954.50002,121.00002,285.00002,451.50002,615.50002,782.00002,946.0000
Camarilla2,358.11252,388.40832,418.70422,449.00002,479.29582,509.59172,539.8875
Woodie1,953.25002,120.37502,283.75002,450.87502,614.25002,781.37502,944.7500
Fibonacci2,121.00002,247.25102,325.24902,451.50002,577.75102,655.74902,782.0000

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): 40.70
MACD (12,26,9): -22.3319
Directional Movement: -14.9864
AROON (14): -50.0000
DEMA (21): 2,197.7656
Parabolic SAR (0,02-0,02-0,2): 2,187.7817
Elder Ray (13): -1.0242
Super Trend (3,10): 2,232.4715
Zig ZAG (10): 2,218.8000
VORTEX (21): 0.6938
Stochastique (14,3,5): 45.81
TEMA (21): 2,201.8839
Williams %R (14): -56.18
Chande Momentum Oscillator (20): -10.0999
Repulse (5,40,3): -0.4729
ROCnROLL: 2
TRIX (15,9): -0.1842
Courbe Coppock: 3.89
MA7: 2,255.6143
MA20: 2,336.7450
MA50: 2,435.2280
MA100: 2,430.5860
MAexp7: 2,216.7795
MAexp20: 2,230.9152
MAexp50: 2,277.7935
MAexp100: 2,321.6571
Price / MA7: -2.81%
Price / MA20: -6.19%
Price / MA50: -9.98%
Price / MA100: -9.81%
Price / MAexp7: -1.11%
Price / MAexp20: -1.74%
Price / MAexp50: -3.76%
Price / MAexp100: -5.58%

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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