Synthesis
The MACD is positive and above its signal line. This configuration confirms the good orientation of the index. We can see that the upside potential of the RSI is not exhausted. Stochastics, for their part, are in the overbought zone, a correction is likely in the near term. The volumes traded are lower than the average volumes over the last 10 days.
Movements and levels
The index is in a technical recovery phase. It is above its 50-day moving average. Support is at 35159.92 PTS, then at 34632.38 PTS; resistance is at 37797.59 PTS, then at 38325.13 PTS
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Positive | Price as of 12/31 | 36,398.08 |
| Underlying trend | Neutral | MM20 | 35,687.45 |
| Support 1 | 35,159.92 | MM50 | 35,720.38 |
| Support 2 | 34,632.38 | RSI | 59.84 |
| Resistance 1 | 37,797.59 | MACD | 219.77 |
| Resistance 2 | 38,325.13 | Stochastic | 91.58 |
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Technical Analysis provided by TEC © 2021. All rights of reproduction and representation reserved. TEC is an analysis of the technical situation of an asset at a given moment and which is liable to change at any time. The concepts 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 him.