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:

    Bullish

  • Long term:

    Bearish

Short term comment

The evolution of prices has generated a scenario that would technically be neutral-bullish quoting in a range of low movement with near roof in 245.2 and base in the 220.8 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

As a reaction to the -62.5% previous reversal, there is a moderate upward reaction, initiated in on the 11th of august at 217.600, and ending at the highs of 311.200 (23-august-2022). The current fall has lost the previous lows, at 217.600, reaching at the moment 187.000 (24-november-2022) with no sign of stability.

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
184.9680 204.6390 217.2190 236.8900 243.9810 263.6520

Alerts

Alerts
Priority Date Warning

Thinking about investing?

In order to invest, you’ll first need to be a Smart Investor customer. Compare our accounts and choose the right one for you.

Compare accounts

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.

Copyright © 2024 Refinitiv, an LSEG business. All rights reserved.