IVO 10 ST - Daily - Technical analysis published on 09/07/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 170.6000 EUR
My targets
166.5000 EUR (-0.95%)
158.0000 EUR (-6.01%)
My analysis
IVO 10 ST is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 170.6000 EUR. The next support located at 166.5000 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 158.0000 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IVO 10 ST rating is 168.1000 EUR. The price registered a decrease of -0.06% on the session and was between 167.5000 EUR and 168.4000 EUR. This implies that the price is at +0.36% from its lowest and at -0.18% from its highest.167.5000
168.4000
168.1000
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of IVO 10 ST in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 158.0000 | 166.5000 | 167.8000 | 168.1000 | 169.1000 | 170.6000 | 171.9090 |
| Change (%) | -6.01% | -0.95% | -0.18% | - | +0.59% | +1.49% | +2.27% |
| Change | -10.1000 | -1.6000 | -0.3000 | - | +1.0000 | +2.5000 | +3.8090 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 165.9667 | 166.9333 | 167.5667 | 168.5333 | 169.1667 | 170.1333 | 170.7667 |
| Camarilla | 167.7600 | 167.9067 | 168.0533 | 168.2000 | 168.3467 | 168.4933 | 168.6400 |
| Woodie | 165.8000 | 166.8500 | 167.4000 | 168.4500 | 169.0000 | 170.0500 | 170.6000 |
| Fibonacci | 166.9333 | 167.5445 | 167.9221 | 168.5333 | 169.1445 | 169.5221 | 170.1333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.4667 | 165.5333 | 167.4667 | 169.5333 | 171.4667 | 173.5333 | 175.4667 |
| Camarilla | 168.3000 | 168.6667 | 169.0333 | 169.4000 | 169.7667 | 170.1333 | 170.5000 |
| Woodie | 163.4000 | 165.5000 | 167.4000 | 169.5000 | 171.4000 | 173.5000 | 175.4000 |
| Fibonacci | 165.5333 | 167.0613 | 168.0053 | 169.5333 | 171.0613 | 172.0053 | 173.5333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 157.3667 | 162.9333 | 165.8667 | 171.4333 | 174.3667 | 179.9333 | 182.8667 |
| Camarilla | 166.4625 | 167.2417 | 168.0208 | 168.8000 | 169.5792 | 170.3583 | 171.1375 |
| Woodie | 156.0500 | 162.2750 | 164.5500 | 170.7750 | 173.0500 | 179.2750 | 181.5500 |
| Fibonacci | 162.9333 | 166.1803 | 168.1863 | 171.4333 | 174.6803 | 176.6863 | 179.9333 |
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): | 31.30 | |
| MACD (12,26,9): | -1.3959 | |
| Directional Movement: | -7.7513 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 169.3743 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.1651 | |
| Elder Ray (13): | -2.2995 | |
| Super Trend (3,10): | 172.0163 | |
| Zig ZAG (10): | 168.0000 | |
| VORTEX (21): | 0.7236 | |
| Stochastique (14,3,5): | 10.97 | |
| TEMA (21): | 168.1380 | |
| Williams %R (14): | -91.46 | |
| Chande Momentum Oscillator (20): | -6.0000 | |
| Repulse (5,40,3): | 0.2344 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0611 | |
| Courbe Coppock: | 7.29 |
| MA7: | 168.6571 | |
| MA20: | 172.1750 | |
| MA50: | 172.0100 | |
| MA100: | 173.5260 | |
| MAexp7: | 168.9464 | |
| MAexp20: | 170.8672 | |
| MAexp50: | 172.1429 | |
| MAexp100: | 173.2167 | |
| Price / MA7: | -0.33% | |
| Price / MA20: | -2.37% | |
| Price / MA50: | -2.27% | |
| Price / MA100: | -3.13% | |
| Price / MAexp7: | -0.50% | |
| Price / MAexp20: | -1.62% | |
| Price / MAexp50: | -2.35% | |
| Price / MAexp100: | -2.95% |
Quotes :
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15 min delayed data
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Spain Indices
News
The latest news and videos published on IVO 10 ST at the time of the analysis were as follows:
This would be an 'earth-changing' event: Ivo DaalderThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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