Restaurant Group (RTN)

Sell: 64.70p

Buy: 64.90p

Change: 0.10p | 0.15%

Last updated 16:45 20/12/23. 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:

    Strong Bullish

  • Medium term:

    Bearish

  • Long term:

    Neutral

Short term comment

The evolution of prices has generated a quantitative scenario bullish but very close to the support and critical area that today generates the upward guideline in 34.995 levels. The 34.995 - 32.32 range represents an area of ??greater neutrality, so the loss of 34.995 would prevent a bullish rating.

Long term comment

Although on the 17th of january lows at 25.060 were reached, lower levels than the previous reference lows in october 2022 at 40.540, the current bullish trend has been able to rebound, thus advancing by 85.3% and above, again, both levels, with highs, at the moment, in quotas of 46.440.

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
39.1800 39.9680 40.3440 41.1320 41.5440 42.3320

Alerts

Alerts
Priority Date Warning

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