IBEX TOP DIV
IBEX TOP DIV
- EUR (-)
- 15 min delayed data - Spain Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: INDD
ISIN: ES0SI0000039

IBEX TOP DIV - Daily - Technical analysis published on 12/06/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 2,795.0800 EUR
My targets
2,947.4000 EUR (+2.00%)
3,009.0300 EUR (+4.14%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IBEX TOP DIV as long as the price remains well above 2,795.0800 EUR. The buyers” bullish objective is set at 2,947.4000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,009.0300 EUR. If there is any crossing, the next objective would be the resistance located at 3,165.2300 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The IBEX TOP DIV price is 2,889.5000 EUR. On the day, this instrument gained +0.75% and was traded between 2,869.2000 EUR and 2,889.5000 EUR over the period. The price is currently at +0.71% from its lowest and 0% from its highest.

2,869.2000
2,889.5000
2,889.5000

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of IBEX TOP DIV indicates that the overall trend is strongly bullish. 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 bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,685.0000 2,795.0800 2,882.4500 2,889.5000 2,947.4000 3,009.0300 3,165.2300
Change (%) -7.08% -3.27% -0.24% - +2.00% +4.14% +9.54%
Change -204.5000 -94.4200 -7.0500 - +57.9000 +119.5300 +275.7300
Level Major Major Major - Minor Major Minor



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
Standard2,840.23342,853.76682,860.93342,874.46682,881.63342,895.16682,902.3334
Camarilla2,862.40762,864.30512,866.20252,868.10022,869.99772,871.89512,873.7926
Woodie2,837.05022,852.17502,857.75022,872.87502,878.45022,893.57502,899.1502
Fibonacci2,853.76682,861.67402,866.55942,874.46682,882.37402,887.25942,895.1668


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,848.73362,868.16682,882.03342,901.46662,915.33322,934.76642,948.6330
Camarilla2,886.74242,889.79492,892.84752,895.89982,898.95232,902.00492,905.0574
Woodie2,845.95022,866.77522,879.25002,900.07502,912.54982,933.37482,945.8496
Fibonacci2,868.16682,880.88732,888.74612,901.46662,914.18712,922.04592,934.7664


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,670.23342,725.36682,810.63322,865.76662,951.03323,006.16643,091.4330
Camarilla2,857.28982,870.16002,883.02992,895.89982,908.76992,921.63982,934.5100
Woodie2,685.30002,732.90002,825.70002,873.30002,966.09983,013.69983,106.4998
Fibonacci2,725.36682,778.99942,812.13382,865.76662,919.39942,952.53383,006.1664

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): 56.50
MACD (12,26,9): 16.7692
Directional Movement: 2.8770
AROON (14): -14.2857
DEMA (21): 2,891.7842
Parabolic SAR (0,02-0,02-0,2): 2,915.2720
Elder Ray (13): 6.0631
Super Trend (3,10): 2,823.3557
Zig ZAG (10): 2,886.7000
VORTEX (21): 0.9804
Stochastique (14,3,5): 57.43
TEMA (21): 2,882.4639
Williams %R (14): -35.74
Chande Momentum Oscillator (20): 10.1999
Repulse (5,40,3): 0.1105
ROCnROLL: 1
TRIX (15,9): 0.1160
Courbe Coppock: 1.82
MA7: 2,874.1428
MA20: 2,868.8950
MA50: 2,810.6599
MA100: 2,729.4670
MAexp7: 2,875.3220
MAexp20: 2,865.5771
MAexp50: 2,822.3145
MAexp100: 2,793.0088
Price / MA7: +0.53%
Price / MA20: +0.72%
Price / MA50: +2.81%
Price / MA100: +5.86%
Price / MAexp7: +0.49%
Price / MAexp20: +0.83%
Price / MAexp50: +2.38%
Price / MAexp100: +3.45%

This member declared not having a position on this financial instrument or a related financial instrument.

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