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:

    Bearish

  • Medium term:

    Strong Bearish

  • Long term:

    Strong Bearish

Short term comment

Phase, in the price curve, of type bearish very pressured by the 779.1 area and increasing the risk of overbought and setbacks I would have to overcome 779.1 to propose the change to a more neutral scenario

Long term comment

Although on the 15th of august marked highs at levels at 827.000, higher levels than the previous reference highs on the 6th of january at 700.285, the current downtrend has lost positions, retreating by -14.4% and falling again below both levels, with lows, at the moment, in quotas of 707.600.

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
719.4670 729.8670 735.7330 746.1330 750.6670 761.0670

Alerts

Alerts
Priority Date Warning
Medium priority 08/09/25 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority 08/09/25 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority 08/09/25 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
High priority 08/09/25 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority 05/09/25 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 05/09/25 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 05/09/25 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority 04/09/25 According to the RSI7 there is a clear oversold price, which can translate into a positive turn at least in the short term.
Medium priority 04/09/25 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
High priority 04/09/25 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority 04/09/25 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.

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