Greencore Group (CDI) (GNC)

Technical analysis

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

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Trend

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

Short term comment

The current price phase warns of an environment bullish but very close to the support and critical area that today generates the upward guideline in 78.551 levels. The 78.551 - 74.725 range represents an area of ??greater neutrality, so the loss of 78.551 would prevent a bullish rating.

Long term comment

The bullish phase that took place between january 13 and february 18, rebounding from 60.150 to levels at 89.300, supposes a moderate correction of the previous fall, which went down from 149.700 to 60.150. The current downtrend, however, remains above support environments at 60.150 lows. There is no sign of stability in the fall nor is it in oversold and support levels (in the area of 60.150).

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

Sell

• 5

  Sell

• 6

  Neutral

• 1

  Buy

Moving average

Neutral

• 1

  Sell

• 11

  Neutral

• 1

  Buy

Pivot points

Alerts