sharecast

{{ storiesRelated.title }}

Industria de Diseno Textil - Inditex (ITX)

€25.06

17:15 26/01/21

  • 0.89% €0.22
  • Today's Low & High
  • 24.72 / 25.21
  • Open / Previous Close
  • 24.82 / 25.06
  • 52-week range
  • -19.52% -€6.08
  • Volume
  • 2,188,978
  • Market Cap(million)
  • €78,103.30m

Technical Analysis

Support and resistance levels

S1

24.57
-1.09%

R1

27.02
8.79%

S2

21.78
-12.33%

R2

28.42
14.40%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 24.55
  • 24.27
  • Levels of negotiation support resistance
  • 25.38
  • 25.93

Technical situation

Neutral technical scenario with 24.57 - 27.023 range.

Recommendation

Short term comment

A technical perspective establishes the structure of the price as neutral-bearish quoting in a range of low movement with near roof in 27.023 and base in the 24.57 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

Although in december 2020 marked highs at levels at 28.280, higher levels than the previous reference highs in august 2020 at 27.230, the current downtrend has lost positions, retreating by -12.3% and falling again below both levels, with lows, at the moment, in quotas of 24.810.

Indicator Previous Current Signal Comment
RSI 7 36.50 25.40 The RSI does not warn of overbought or oversold.
RSI 14 42.70 35.90 The RSI does not warn of overbought or oversold.
RSI 21 45.80 41.00 The RSI does not warn of overbought or oversold.
RSI 50 50.00 48.00 The RSI does not warn of overbought or oversold.
RSI 200 49.90 49.40 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Sign of significant bearish exhaustion but no turn signal.
Slow Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Simple Moving Average 7 26.04 25.83 Trend in the very short term bearish.
Simple Moving Average 21 26.11 26.06 Bearish trend in the short-medium term.
Simple Moving Average 50 26.71 26.68 Bullish in the medium term.
Simple Moving Average 200 24.52 24.52 Lack of long-term trend.
Exponential Moving Average 7 25.96 25.68 Trend in the very short term bearish.
Exponential Moving Average 21 26.14 26.02 Bearish trend in the short-medium term.
Exponential Moving Average 50 26.05 26.00 Bullish in the medium term.
Exponential Moving Average 200 25.38 25.37 Lack of long-term trend.
MACD Line 0.10 0.20 Price in downtrend.
MACD Signal 0.10 0.20 Price in downtrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 25.96 25.68 Trend in the very short term bearish.
Double Exponential Moving Average 21 26.14 26.02 Bearish trend in the short-medium term.
Double Exponential Moving Average 50 26.05 26.00 Bullish in the medium term.
Double Exponential Moving Average 200 25.38 25.37 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. -48,648,175.00 -52,781,934.00 OBV supports falls.
Momentum 7 -0.73 -1.22 Neutral speed of very short-term movement.
Momentum 7 -0.16 -1.56 Neutral speed of very short-term movement.
% K Williams 87.10 98.50 Oversold, would support a bullish turn.
Priority Date Notification
26/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
26/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
26/01/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
26/01/2021 Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.
25/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
25/01/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
25/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
22/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
22/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
22/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
21/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.