Synthesis
The MACD is negative, but it is above its signal line: the trend is changing. Now, the MACD must cross zero for the rise to continue in the coming days. The RSI is above 50, this confirms a good direction for the stock. But stochastic indicators are high, which should encourage caution in the very short term. The volumes traded are higher than the average volume over the last 10 days.
Moves and Levels
The stock is in a technical recovery phase. It is above its 50-day moving average. Support is at 10.54 EUR, then at 10.05 EUR; resistance is at 12.97 EUR, then at 13.45 EUR
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Course on 09/11 | 12.41 |
| Basic trend | Neutral | MM20 | 11.51 |
| Bracket 1 | 10.54 | MM50 | 12.15 |
| Bracket 2 | 10.05 | ROI | 61.65 |
| Resistance 1 | 12.97 | MACD | – 0.12 |
| Resistance 2 | 13.45 | Stochastic | 85.69 |
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Technical Analysis provided by TEC ©2023. 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 inducement to sell or buy. The reader remains solely responsible for their interpretation and use of the information made available to them.