IBEX DIVIDEN

- EUR (-)

- 15 min delayed data - Spain Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	INDJ
ISIN:	ES0SI0000047

IBEX DIVIDEN - Daily - Technical analysis published on 07/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 30,752.8000 EUR

My targets

31,592.8000 EUR (+1.35%)

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 DIVIDEN as long as the price remains well above 30,752.8000 EUR. The buyers' bullish objective is set at 31,592.8000 EUR. A bullish break in this resistance would boost the bullish momentum. 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

7.9

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.

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Additional analysis

Quotes

IBEX DIVIDEN rating 31,173.3008 EUR. On the day, this instrument gained +0.00% and was traded between 31,056.1992 EUR and 31,322.8008 EUR over the period. The price is currently at +0.38% from its lowest and -0.48% from its highest.

31,056.1992

31,322.8008

31,173.3008

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of IBEX DIVIDEN indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	28,491.9000	29,464.5000	30,752.8000	31,173.3008	31,592.8000
Change (%)	-8.60%	-5.48%	-1.35%	-	+1.35%
Change	-2,681.4008	-1,708.8008	-420.5008	-	+419.4992
Level	Major	Major	Major	-	Major

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
Standard	30,778.7981	30,917.4987	31,045.3997	31,184.1003	31,312.0013	31,450.7019	31,578.6029
Camarilla	31,099.9854	31,124.4238	31,148.8623	31,173.3008	31,197.7393	31,222.1778	31,246.6162
Woodie	30,773.3984	30,914.7988	31,040.0000	31,181.4004	31,306.6016	31,448.0020	31,573.2032
Fibonacci	30,917.4987	31,019.3405	31,082.2585	31,184.1003	31,285.9421	31,348.8601	31,450.7019

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29,349.8327	29,827.4661	30,500.8327	30,978.4661	31,651.8327	32,129.4661	32,802.8327
Camarilla	30,857.6742	30,963.1825	31,068.6909	31,174.1992	31,279.7075	31,385.2159	31,490.7242
Woodie	29,447.6992	29,876.3994	30,598.6992	31,027.3994	31,749.6992	32,178.3994	32,900.6992
Fibonacci	29,827.4661	30,267.1481	30,538.7841	30,978.4661	31,418.1481	31,689.7841	32,129.4661

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28,330.1315	29,012.1653	30,214.7331	30,896.7669	32,099.3347	32,781.3685	33,983.9363
Camarilla	30,899.0354	31,071.7905	31,244.5457	31,417.3008	31,590.0560	31,762.8111	31,935.5662
Woodie	28,590.3984	29,142.2988	30,475.0000	31,026.9004	32,359.6016	32,911.5020	34,244.2032
Fibonacci	29,012.1653	29,732.0831	30,176.8491	30,896.7669	31,616.6847	32,061.4507	32,781.3685

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):	56.97
MACD (12,26,9):	170.5716
Directional Movement:	6.6895
AROON (14):	-21.4286
DEMA (21):	31,158.5908
Parabolic SAR (0,02-0,02-0,2):	31,456.0996
Elder Ray (13):	181.0069
Super Trend (3,10):	31,481.9770
Zig ZAG (10):	31,173.3008
VORTEX (21):	0.9995
Stochastique (14,3,5):	67.64
TEMA (21):	31,161.2837
Williams %R (14):	-36.58
Chande Momentum Oscillator (20):	26.0000
Repulse (5,40,3):	0.2581
ROCnROLL:	1
TRIX (15,9):	0.0843
Courbe Coppock:	1.84

MA7:	30,963.6571
MA20:	30,931.3899
MA50:	30,496.6999
MA100:	30,107.5859
MAexp7:	31,082.7097
MAexp20:	30,923.4143
MAexp50:	30,578.0588
MAexp100:	29,992.4973
Price / MA7:	+0.68%
Price / MA20:	+0.78%
Price / MA50:	+2.22%
Price / MA100:	+3.54%
Price / MAexp7:	+0.29%
Price / MAexp20:	+0.81%
Price / MAexp50:	+1.95%
Price / MAexp100:	+3.94%

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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