Londinia Opportunities Analyses - 12/13/2024 (GMT) IBEX MAB 15 - 1H

IBEX MAB 15
- EUR (-)
- 15 min delayed data - Spain Indices
Type: Indices
Ticker: MAB15
ISIN: ES0S00001156

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1,455.7000 EUR
My targets
1,473.0000 EUR (+0.84%)
1,486.9445 EUR (+1.79%)
My analysis
IBEX MAB 15 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 1,455.7000 EUR. The next resistance located at 1,473.0000 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 1,486.9445 EUR. After this resistance, buyers could then target 1,513.2667 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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Additional analysis

Quotes

The IBEX MAB 15 rating is 1,460.8000 EUR. The price has increased by +0.21% since the last closing and was between 1,438.3000 EUR and 1,466.1000 EUR. This implies that the price is at +1.56% from its lowest and at -0.36% from its highest.

1,438.3000
1,466.1000
1,460.8000

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this IBEX MAB 15 chart shows a strongly bullish trend. 89.29% 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 probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,423.1000 1,439.6533 1,455.7000 1,460.8000 1,464.2000 1,473.0000 1,486.9445
Change (%) -2.58% -1.45% -0.35% - +0.23% +0.84% +1.79%
Change -37.7000 -21.1467 -5.1000 - +3.4000 +12.2000 +26.1445
Level Major Major Minor - Intermediate Minor Intermediate



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
Standard1,381.03331,398.16671,427.93331,445.06671,474.83331,491.96671,521.7333
Camarilla1,444.80251,449.10171,453.40081,457.70001,461.99921,466.29831,470.5975
Woodie1,387.35001,401.32501,434.25001,448.22501,481.15001,495.12501,528.0500
Fibonacci1,398.16671,416.08251,427.15091,445.06671,462.98251,474.05091,491.9667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,356.06671,382.13331,409.46671,435.53331,462.86671,488.93331,516.2667
Camarilla1,422.11501,427.01001,431.90501,436.80001,441.69501,446.59001,451.4850
Woodie1,356.70001,382.45001,410.10001,435.85001,463.50001,489.25001,516.9000
Fibonacci1,382.13331,402.53211,415.13451,435.53331,455.93211,468.53451,488.9333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,278.50001,342.80001,402.90001,467.20001,527.30001,591.60001,651.7000
Camarilla1,428.79001,440.19331,451.59671,463.00001,474.40331,485.80671,497.2100
Woodie1,276.40001,341.75001,400.80001,466.15001,525.20001,590.55001,649.6000
Fibonacci1,342.80001,390.32081,419.67921,467.20001,514.72081,544.07921,591.6000

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.64
MACD (12,26,9): 3.5887
Directional Movement: 5.2839
AROON (14): 78.5714
DEMA (21): 1,454.2727
Parabolic SAR (0,02-0,02-0,2): 1,426.2347
Elder Ray (13): 4.9436
Super Trend (3,10): 1,431.2304
Zig ZAG (10): 1,460.2000
VORTEX (21): 0.9271
Stochastique (14,3,5): 90.31
TEMA (21): 1,455.8025
Williams %R (14): -12.35
Chande Momentum Oscillator (20): 31.1000
Repulse (5,40,3): 0.5401
ROCnROLL: 1
TRIX (15,9): 0.0170
Courbe Coppock: 1.17
MA7: 1,447.8143
MA20: 1,454.5750
MA50: 1,480.4420
MA100: 1,514.2810
MAexp7: 1,456.8141
MAexp20: 1,450.1098
MAexp50: 1,445.8709
MAexp100: 1,447.1357
Price / MA7: +0.90%
Price / MA20: +0.43%
Price / MA50: -1.33%
Price / MA100: -3.53%
Price / MAexp7: +0.27%
Price / MAexp20: +0.74%
Price / MAexp50: +1.03%
Price / MAexp100: +0.94%

Quotes : - 15 min delayed data - Indices Espagne