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:

    Strong Bearish

  • Medium term:

    Neutral

  • Long term:

    Bearish

Short term comment

A technical perspective allows setting the environment as neutral-bearish quoting in a range of low movement with near roof in 81.45 and base in the 76.85 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

After the previous decline, with a -51.2% decline, there was a significant upward rebound phase of 68.9%, which began in july 2022 at 95.450, and ended at the highs of 161.200 (27-august-2022), the fall current has surpassed the previous minimums, in 95.450, reaching at the moment 45.383 (28-march-2023) without 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
59.5830 69.6230 74.1870 84.2270 89.7030 99.7430

Alerts

Alerts
Priority Date Warning

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