Airtel Africa (AAF)

Sell: 113.20p

Buy: 114.40p

Change: 1.20p | 1.06%

Last updated 16:35 03/05/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Bullish
Medium term:

Neutral
Long term:

Strong Bullish

Short term comment

The technical scenario is neutral-bullish quoting at resistance levels of 111.35, a critical zone whose overcoming is necessary to move the bearish risk away. Additionally, support of intermediate importance in 96.575.

Long term comment

Although on the 10th of march lows at 90.200 were reached, lower levels than the previous reference lows in november 2023 at 106.478, the current bullish trend has been able to rebound, thus advancing by 22.2% and above, again, both levels, with highs, at the moment, in quotas of 110.200.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
106.5690	108.0680	108.9340	110.4330	111.0660	112.5650

Alerts

Alerts
Priority	Date	Warning
Medium priority	24/04/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	24/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	24/04/2024	Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
Medium priority	24/04/2024	Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
High priority	24/04/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	23/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
Medium priority	23/04/2024	Some weakness showed at the fast stochastics may kept a lid on any meaningful positive move.
High priority	23/04/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	22/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.