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Inditex

Inditex chart

Inditex market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

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Inditex details

Inditex (BME:ITX) is an in-store and online retailer that designs, distributes and retails clothing, footwear and accessories for men, women and children. Some of its most famous brands are Zara, Bershka, Pull&Bear and Stradivarius.

The company was founded by Amancio Ortega Gaona in 1986, and was headquartered in Coruna, Spain. It's now the world’s largest fashion group, with over 7,200 stores worldwide.

Inditex shares are traded on the Bolsa de Madrid, one of the four major European stock exchanges. It is also a constituent of the IBEX 35 (Spain 35) stock index. You can trade Inditex shares via CFDs with FOREX.com.

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Share CFDs explained

Share CFDs explained

If you want to profit from a company’s performance, then trading shares is the way to do it. We explain what they are and the key things you need to know.

Why trade share CFDs?

Shares are one of the most popular asset classes to trade and are a favourite of longer-term traders. We list the key reasons why shares are such an attractive investment.

How to trade shares

Want to know how to trade shares using CFDs without owning the underlying stock? This section breaks down how to profit from falling and rising prices.

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