IBEX MEDIUM

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDC
ISIN:	ES0SI0000013

IBEX MEDIUM - Daily - Technical analysis published on 02/15/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

22%

44%

My opinion

Bullish above 13,259.8000 EUR

My targets

14,233.6000 EUR (+2.65%)

14,864.6006 EUR (+7.20%)

My analysis

IBEX MEDIUM is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13,259.8000 EUR. The next resistance located at 14,233.6000 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14,864.6006 EUR. After this resistance, buyers could then target 15,767.7000 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

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 MEDIUM rating is 13,866.2998 EUR. The price is lower by -0.01% since the last closing and was traded between 13,848.9004 EUR and 13,898.0996 EUR over the period. The price is currently at +0.13% from its lowest and -0.23% from its highest.

13,848.9004

13,898.0996

13,866.2998

Here is a more detailed summary of the historical variations registered by IBEX MEDIUM:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this IBEX MEDIUM chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,325.9000	13,010.3000	13,259.8000	13,866.2998	14,233.6000	15,767.7000	17,112.4000
Change (%)	-11.11%	-6.17%	-4.37%	-	+2.65%	+13.71%	+23.41%
Change	-1,540.3998	-855.9998	-606.4998	-	+367.3002	+1,901.4002	+3,246.1002
Level	Major	Major	Intermediate	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,742.0003	13,796.1003	13,831.5999	13,885.6999	13,921.1995	13,975.2995	14,010.7991
Camarilla	13,842.4597	13,850.6730	13,858.8863	13,867.0996	13,875.3129	13,883.5262	13,891.7395
Woodie	13,732.7002	13,791.4502	13,822.2998	13,881.0498	13,911.8994	13,970.6494	14,001.4990
Fibonacci	13,796.1003	13,830.3273	13,851.4728	13,885.6999	13,919.9269	13,941.0724	13,975.2995

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,375.4665	13,596.6331	13,713.9665	13,935.1331	14,052.4665	14,273.6331	14,390.9665
Camarilla	13,738.2123	13,769.2415	13,800.2706	13,831.2998	13,862.3290	13,893.3581	13,924.3873
Woodie	13,323.5498	13,570.6748	13,662.0498	13,909.1748	14,000.5498	14,247.6748	14,339.0498
Fibonacci	13,596.6331	13,725.9401	13,805.8261	13,935.1331	14,064.4401	14,144.3261	14,273.6331

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,305.2988	12,602.6992	13,158.3994	13,455.7998	14,011.5000	14,308.9004	14,864.6006
Camarilla	13,479.4969	13,557.6978	13,635.8987	13,714.0996	13,792.3005	13,870.5014	13,948.7023
Woodie	12,434.4487	12,667.2742	13,287.5493	13,520.3748	14,140.6499	14,373.4754	14,993.7505
Fibonacci	12,602.6992	12,928.5836	13,129.9154	13,455.7998	13,781.6842	13,983.0160	14,308.9004

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):	62.39
MACD (12,26,9):	180.1560
Directional Movement:	8.8099
AROON (14):	64.2857
DEMA (21):	14,012.9708
Parabolic SAR (0,02-0,02-0,2):	14,137.2918
Elder Ray (13):	31.6380
Super Trend (3,10):	13,682.1446
Zig ZAG (10):	13,862.5000
VORTEX (21):	1.1227
Stochastique (14,3,5):	51.65
TEMA (21):	14,007.7295
Williams %R (14):	-53.16
Chande Momentum Oscillator (20):	153.6006
Repulse (5,40,3):	-0.8019
ROCnROLL:	-1
TRIX (15,9):	0.2321
Courbe Coppock:	5.19

MA7:	13,928.9713
MA20:	13,770.7250
MA50:	13,290.3400
MA100:	12,837.2100
MAexp7:	13,887.2312
MAexp20:	13,755.8963
MAexp50:	13,404.1426
MAexp100:	13,108.4588
Price / MA7:	-0.45%
Price / MA20:	+0.69%
Price / MA50:	+4.33%
Price / MA100:	+8.02%
Price / MAexp7:	-0.15%
Price / MAexp20:	+0.80%
Price / MAexp50:	+3.45%
Price / MAexp100:	+5.78%

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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