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:

    Strong Bullish

  • Medium term:

    Strong Bullish

  • Long term:

    Strong Bullish

Short term comment

The current price phase anticipates a bullish placing the price at 3582.299 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 4078.667 and 4310.667 that would warn of an improvement in technical bias.

Long term comment

The price has a strong volatility in the structure of long-term prices. In this sense, it showed a bullish trend from 2405.931 to 3071.937, (21-january-2025/26-may-2025) which was corrected not only in its entirety, but also marked new lows at 2299.484 (11-july-2025) . After that, the new bullish phase advanced 69.2%, surpassing the previous high in 3071.937.

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
3614.6670 3730.6670 3803.3330 3919.3330 3962.6670 4078.6670

Alerts

Alerts
Priority Date Warning
Medium priority 16/02/26 Strong overbought condition according to the RSI7 indicator; caution is advised due to the possibility of short-term declines.
Medium priority 16/02/26 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
Medium priority 13/02/26 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority 13/02/26 Since the price is close to the moving average, it could strengthen to the upside, although quotes below it would signal a bearish reversal.
Medium priority 13/02/26 Since the price is close to the moving average, it could strengthen to the upside, although quotes below it would signal a bearish reversal.
Medium priority 13/02/26 Since the price is close to the moving average, it could strengthen to the upside, although quotes below it would signal a bearish reversal.
Medium priority 13/02/26 Some weakness shown by the fast stochastic may keep a lid on any meaningful positive move.
Medium priority 12/02/26 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 12/02/26 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 12/02/26 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
High priority 12/02/26 The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.

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