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:

    Bullish

  • Long term:

    Strong Bullish

Short term comment

A technical perspective allows to establish the evolution of prices as bullish but very close to the support and critical area that today generates the upward guideline in 1142.559 levels. The 1142.559 - 1118.025 range represents an area of ??greater neutrality, so the loss of 1142.559 would prevent a bullish rating.

Long term comment

After the previous rise, with a 30% revaluation, there was an important downward correction phase of -19.5%, initiated on the 30th of april at 1165.185, and ended at the low of 937.800 (25-may-2025). The current gains have exceeded the previous peaks at 1165.185, currently reaching 1426.500 (4-september-2025) with no sign of weakness.

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
1378.6670 1397.6670 1406.8330 1425.8330 1435.6670 1454.6670

Alerts

Alerts
Priority Date Warning
Medium priority 08/09/25 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
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 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority 08/09/25 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
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 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of suffering from downside momentum after a more positive recent phase.
High priority 08/09/25 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority 05/09/25 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority 05/09/25 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority 05/09/25 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority 05/09/25 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.

Thinking about investing?

In order to invest, you’ll first need to be a Smart Investor customer. Compare our accounts and choose the right one for you.

Compare accounts

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

Copyright © 2025 Refinitiv, an LSEG business. All rights reserved.