Synthesis
9.3 is our pivot point.
Our preference : short-term rebound possible with 11.4 as a target.
Alternative scenario : pressing 9.3 will trigger a return to 8.6 then 8.2.
Comment
The RSI is below its neutral zone of 50. The MACD is negative and above its signal line. The setup is mixed. Furthermore, prices are below their 50 moving average (10.8945) but above their 20 moving average (9.9092).
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Positive | Prices as of 03/27 | 10.16 |
| Basic trend | Bearish | Pivot | 9.30 |
| Bracket 1 | 9.30 | Additional distance 1 | 1.24 |
| Bracket 2 | 8.60 | Additional distance 2 | 1.64 |
| Resistance 1 | 11.40 | Additional variation 1 | +12.21% |
| Resistance 2 | 11.80 | Additional variation 2 | +16.14% |
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