Synthesis
The MACD is positive but below its signal line. The current dynamic is interrupted. In the event that the MACD turns negative, the price decline could continue. The value of the RSI is below 50: this confirms the weakness of the courses. Stochastics are very low and do not encourage a correction. The volumes traded are higher than the average volume over the last 10 days.
Movements and Levels
The bullish movement seems to have stopped. The stock is below its 50-day moving average located at 4. The first support is at 3.46 EUR, then at 3.3 EUR and the resistance is at 4.44 EUR, then at 4.61 EUR
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Price on 25/01 | 3.88 |
| Background trend | Neutral | MM20 | 4.12 |
| Bracket 1 | 3.46 | MM50 | 4.00 |
| Bracket 2 | 3.30 | ROI | 39.54 |
| Resistance 1 | 4.44 | MACD | 0.01 |
| Resistance 2 | 4.61 | Stochastic | 17.75 |
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Technical Analysis provided by TEC ©2022. All rights of reproduction and representation reserved. TEC is an analysis of the technical situation of an asset at a given time and which is subject to change at any time. The notions of support and resistance come from the elementary principles of technical analysis. This indicative information does not in any way constitute an invitation to sell or buy. The reader remains solely responsible for their interpretation and for the use of the information made available to them.