Report on the Ibex 35 and all its components

IBEX 35 It manages to rebound from the long-term bullish guideline in fuchsia color and consolidates above the support area around 8,082/8,048 points. The next support is located at the lows of MAR 7 at 7,287 points. To have a new positive sign, it is necessary to violate the previous lower maximum of the short-term downtrend, 8,510. The next resistances would be the simple moving averages of medium and long term and the relevant level of 8,912 points.

Ibex 35 on daily chart with Average Amplitude Range in percentage, Stochastic oscillator and trading volume

DHW forms a false break in the relevant support of 20.16 euros, where it generates a third low in said support. It manages to overcome the resistance of 24.46 euros per share on a daily close, validating a large triple bottom figure indicated in blue. The stock has managed to break the medium and long-term simple moving averages, which now represent the first relevant support zone.

ACS on daily chart with Average Amplitude Range in percent, MACD oscillator and trading volume

DHW

Iberdrola it manages to rebound from the key support level of 8,445 euros, leaving a minimum at which to work at 8,472 euros per share. The first resistances are located in the simple moving averages of medium and long term. To confirm a change in trend, it is necessary to violate the resistance of 10,346 euros, since it would validate a double bottom pattern as it currently has two lows in the support area of ​​8,445 euros per share.

Iberdrola on daily chart with Average Amplitude Range in percentage, MACD oscillator and trading volume

Iberdrola

If you want to see the complete report of the Ibex 35 and all its components, click here below

Investment Magazine | Investment Strategies (strategiasdeinversion.com)