Renault: indecision dominates (AT)


Renault technical analysis

Synthesis

The MACD is positive but below its signal line. The current dynamic is interrupted. In the event that the MACD turns negative, the price decline could continue. Power indicators, such as the RSI, do not give us any particular short-term indications. 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 stock is trending up. It is above its 50-day moving average. The 20-day moving average is higher than the 50-day moving average. The support is at 28.8 EUR, then at 27.42 EUR and the resistance is at 38.45 EUR, then at 39.83 EUR

Technical analysis
TendencyCalculated data
Technical adviceNegativePrice on 01/2633.40
Background trendPositiveMM2032.93
Bracket 128.80MM5031.32
Bracket 227.42ROI56.19
Resistance 138.45MACD0.69
Resistance 239.83Stochastic41.97

Technical analysis provided by © TEC

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.



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