Free IBEX 35 Index (IBEX) Technical Analysis Signals

Overal Signal
Sell
Signals
Hold Hold Hold Sell
Last Update / Period
20 Nov / Daily
Category/Currency
Indexes/USD
Exchange/Country
MCE/--

IBEX 35 Index (IBEX) signal with technical analysis on 20 Nov

On 20 Nov, we conducted a comprehensive technical analysis of IBEX 35 Index (IBEX), considering 256 signals with intricate details. Here are the key findings: 66 signals suggested buy strategies, while 101 indicated sell strategies. The remaining 89 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 25
Sell Signals: 14
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 14
Sell Signals: 27
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 15
Sell Signals: 28
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 12
Sell Signals: 32
Neutral Signals: 20
Result: This strategy leads to a Sell position.

Overall Strategy:
Buy Signals: 66
Sell Signals: 101
Neutral Signals: 89
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your IBEX 35 Index (IBEX) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for IBEX 35 Index (IBEX) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
IBEX 35 Index (IBEX) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
IBEX 35 Index (IBEX) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 18.95% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **IBEX 35 Index (IBEX)** investments.

IBEX 35 Index (IBEX) Price Analysis and Support Levels:

In our current IBEX 35 Index (IBEX) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 10298.7
We are closely monitoring the price at 10298.7, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 9741.9
If the first support level is broken, the second support level at 9741.9 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 8967.3
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 8967.3 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading IBEX 35 Index (IBEX). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

IBEX 35 Index (IBEX) technical analysis chart

IBEX 35 Index (IBEX) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 12004.6 -- -- -- --
Support 10298.7 9741.9 8967.3 8879.3 --
 IBEX 35 Index (IBEX) Support and Resistance area (20 Nov)

IBEX 35 Index (IBEX) signals list for 20 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

IBEX 35 Index (IBEX) candlestick patterns on 20 Nov

Today's IBEX 35 Index (IBEX) Candle Patterns List:

Hammer Upside/Downside Gap Three Methods

IBEX 35 Index (IBEX) technical analysis over the past days

# Date Overal Signals ALL Signals
1 19 Nov Sell HoldSellHoldSell
2 18 Nov Hold HoldBuyHoldNeutral
3 15 Nov Buy BuyNeutralHoldHold
4 14 Nov Hold HoldHoldHoldHold
5 13 Nov Hold HoldHoldHoldHold
6 12 Nov Hold HoldHoldHoldHold
7 11 Nov Hold HoldHoldHoldHold
8 08 Nov Hold HoldHoldHoldHold
9 07 Nov Hold HoldHoldHoldHold
10 06 Nov Sell SellHoldSellSell
11 05 Nov Buy BuySellNeutralNeutral
12 04 Nov Hold NeutralNeutralNeutralNeutral
13 01 Nov Hold NeutralHoldNeutralNeutral
14 31 Oct Hold HoldHoldHoldHold
15 30 Oct Sell HoldHoldHoldNeutral
16 29 Oct Sell SellSellSellHold
17 28 Oct Buy BuyNeutralNeutralBuy
18 25 Oct Sell HoldSellNeutralNeutral
19 24 Oct Neutral HoldNeutralHoldHold
20 23 Oct Neutral HoldNeutralHoldHold
21 22 Oct Hold HoldNeutralNeutralHold
22 21 Oct Sell SellHoldNeutralHold
23 18 Oct Hold NeutralHoldHoldHold
24 17 Oct Hold HoldHoldHoldHold
25 16 Oct Hold HoldHoldHoldHold
26 15 Oct Hold HoldHoldHoldHold
27 14 Oct Buy BuyBuyBuyBuy
28 11 Oct Hold NeutralHoldHoldNeutral
29 10 Oct Sell SellHoldSellNeutral
30 09 Oct Neutral HoldHoldNeutralNeutral

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