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 Bearish

Short term comment

The price environment is presented as bullish but very close to the support and critical area that today generates the upward guideline in 869.368 levels. The 869.368 - 849.461 range represents an area of ??greater neutrality, so the loss of 869.368 would prevent a bullish rating.

Long term comment

Between june and december 2023 a bearish phase took place and moved the price from 869.239 to 660.406. This phase was corrected by a significative upward reaction that returned the price to 908.000 levels on the 9th of april. After this, the current fall from 908.000 to 900.400 has not reached the previous lows in 660.406, an area of important support.

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
837.7330 860.7330 874.2670 897.2670 906.7330 929.7330

Alerts

Alerts
Priority Date Warning

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