Synthesis
Our pivot point is located on : 11.4.
Our preference : short-term rebound possible with 13.4 as a target.
Alternative scenario : pressing 11.4 will trigger a return to 10.8 then 10.5.
Comment
The RSI is below its neutral zone of 50. The MACD is negative and above its signal line. The setup is mixed. Additionally, prices are below their 20 and 50 moving averages (located at 12.0851 and 12.4544 respectively).
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Positive | Course on 05/02 | 11.94 |
| Basic trend | Bearish | Pivot | 11.40 |
| Bracket 1 | 11.40 | Additional distance 1 | 1.46 |
| Bracket 2 | 10.80 | Additional distance 2 | 1.86 |
| Resistance 1 | 13.40 | Additional variation 1 | +12.23% |
| Resistance 2 | 13.80 | Additional variation 2 | +15.58% |
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