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Iberdrola (IBE)

€8.66

17:15 05/12/19

  • -0.09% -€0.01
  • Today's Low & High
  • 8.66 / 8.77
  • Open / Previous Close
  • 8.67 / 8.66
  • 52-week range
  • 30.40% €2.02
  • Volume
  • 13,357,246
  • Market Cap(million)
  • €55,429.05m

€8.67 REAL TIME BATS

  • 16:30 05/12/19
  • 0.05%
  • €0.00

Technical Analysis

Support and resistance levels

S1

8.62
0.00%

R1

9.06
5.00%

S2

8.51
-2.00%

R2

9.07
5.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 8.63
  • 8.56
  • Levels of negotiation support resistance
  • 8.74
  • 8.78

Technical situation

Fully retracing the last bullish impulse / Wait for development between 8.59 and 8.51.

Recommendation

Short term comment

Remains a mid-long term neutral-bullish trend, although falls from the last relative highs set at 9.07 stands for a strictly neutral short-term bias. This move has a first support level by the recent lows set at 8.59. Loss of this support would be a negative signal and likely mean a mid-term downwards turn that would be confirmed if it lost 8.51. On the other hand, going above 9.06 Would stand for cancelling the bearish signs.

Long term comment

From some months ago, long-term scenario remains bullish. However, it must be considered that, since the last highs, it's showing certain exhaustion in this trend, which should stand for extreme caution in spite of a downwards turn.

Indicator Previous Current Signal Comment
RSI 7 31.55 30.74 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 33.81 33.35 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 36.56 36.23 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 45.10 44.94 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 53.17 53.12 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 8.79 8.76
Simple Moving Average 21 8.86 8.84 Short/Mid-term trend is indefinite.
Simple Moving Average 50 9.08 9.06
Simple Moving Average 200 8.62 8.62 Indefinite long-term trend.
Exponential Moving Average 7 8.75 8.73 Very short-term trend is indefinite.
Exponential Moving Average 21 8.87 8.85
Exponential Moving Average 50 8.87 8.85 Indefinite mid-term trend.
Exponential Moving Average 200 8.87 8.85 Indefinite long-term trend.
MACD Line -0.10 -0.10 Price following bullish trend.
MACD Signal -0.08 -0.09 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 8.85 8.83
Double Exponential Moving Average 21 9.01 8.99
Double Exponential Moving Average 50 9.01 8.99 Indefinite mid-term trend.
Double Exponential Moving Average 200 9.01 8.99 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -1,138,736.02 -754,701.31 OBV is bearish.
Momentum 7 -0.23 -0.27 High falling speed, though not extreme, in very short terms.
Momentum 7 -0.15 -0.27 Strong, though not extreme, falling speed in the short term.
% K Williams 75.61 78.05 Neutral, doesn't favour a price turn.
Priority Date Notification
04/12/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
03/12/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
02/12/2019 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
02/12/2019 Since it's close and above the short/mid-term Moving Average it could move upwards -though it it should break below the MA would revert the signal-
29/11/2019 By being close (above) the short-term Moving Average, it could move, if only temporarily, upwards, though the signal would revert to bearish if it should break below the MA
29/11/2019 Since it's close and above the short/mid-term Moving Average it could move upwards -though it it should break below the MA would revert the signal-
29/11/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal
28/11/2019 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
28/11/2019 Since it's close and above the short/mid-term Moving Average it could move upwards -though it it should break below the MA would revert the signal-
28/11/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal
27/11/2019 By being close (above) the short/mid-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish