Synthesis
The MACD is negative and below its signal line. This configuration degrades the outlook for the index. But be careful, the RSI is oversold, which leaves the possibility of consolidation. Stochastic indicators do not give clear signals for the days ahead. 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 index is below its 50-day moving average located at 35650.73. The first support is at 31784.03 PTS, then at 30975.24 PTS and the resistance is at 35828 PTS, then at 36636.79 PTS
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Price on 01/26 | 34,297.73 |
| Background trend | Neutral | MM20 | 35,828.00 |
| Bracket 1 | 31,784.03 | MM50 | 35,650.73 |
| Bracket 2 | 30,975.24 | ROI | 29.62 |
| Resistance 1 | 35,828.00 | MACD | – 360.08 |
| Resistance 2 | 36,636.79 | Stochastic | 21.14 |
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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.